Climate and catastrophe risk experts are bracing for a wave of extreme weather events in the coming months and years, as the current El Niño system strengthens to unprecedented levels, and the potential for stronger seismic events in the United States increases.

El Niño, which causes flooding, drought, wildfires and winter storms, is showing no sign of cooling after causing $12.6 billion in natural catastrophe losses during the first half of 2015. In fact, on Nov. 8, 2015, the El Niño index, a measure of Pacific Ocean temperatures, set a record of 2.8, the warmest in recorded history, according to the National Oceanic and Atmospheric Administration.

Meanwhile, catastrophe risks experts are also concerned about recent scientific studies showing an elevated risk of seismic activity in the United States.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.