Gerard Wynn, a Reuters market analyst, has expressed his own views on the necessity of continuing to deal with the challenges presented by extreme weather and its global impact. Rising temperatures are driving more frequent bouts of extreme weather which …
Deaths and health problems from floods, drought and other U.S. disasters related to climate change cost an estimated $14 billion over the last decade, researchers said Monday. “When extreme weather hits, we hear about the property damage and insurance costs,” …
Countries and megacities in Africa and Asia are among the most vulnerable to the impacts of climate change over the coming years, a global survey shows, underscoring the risks from floods, rising sea levels, droughts and storms. With populations in …
An article on the Lloyd’s web site notes that “news reports on climate change have focused on dire predictions of more hurricanes and increasing flooding due to rising sea levels. But subsidence caused by drought, which has already become a …
According to Swiss Re’s latest sigma study, worldwide economic losses from natural catastrophes and man-made disasters were $218 billion in 2010, more than triple the 2009 figure of $68 billion. The losses cost the global insurance industry more than $43 …
