Weather Risk

Global climate change will continue taxing the insurance and reinsurance industry landscape through the end of the centuryespecially from losses caused by sea level rise, inland flooding and drought.

German reinsurer Munich Re said it had agreed to buy a business that helps manage weather risks for the energy sector from reinsurer RenaissanceRe.

Rising seas, growing populations and shifting continents may cause global flood losses to reach from $60 billion to $1 trillion by mid-century.

Rising seas, growing populations and shifting continents may cause global flood losses to reach from $60 billion to $1 trillion by mid-century.

A federal task force put forward a post-Hurricane Sandy resiliency plan, which includes 69 policy initiatives protecting energy and fuel distribution, cell service and infrastructure in a future where severe coastal storms are the norm.

A federal task force put forward a post-Hurricane Sandy resiliency plan, which includes 69 policy initiatives protecting energy and fuel distribution, cell service and infrastructure in a future where severe coastal storms are the norm.

New footage from the 2011 Tohoku tsunami reminds us that these disasters can happen anywhere, any time.

New footage from the 2011 Tohoku tsunami reminds us that these disasters can happen anywhere, any time.