Global Temperature Set to Surpass 1.5C Threshold in Hottest Year on Record December 9, 2024 By Olivia Rudgard This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for...
Bahamas Raises Alarm on Lack of Cash to Survive Fast-Warming World November 8, 2024 By John Ainger There are major climate finance fights ahead at this year’s COP29 summit in Azerbaijan. The United Nations’ meeting kicking off...
Verisk Estimates Global Modeled Insured Average Annual Loss from Nat Cats at $151B September 11, 2024 In the past five years, the annual insured losses from natural catastrophes averaged $106 billion, up from $83 billion in...
Texas Grid Faces Biggest Test of Summer With Extreme Heat August 20, 2024 By Naureen S. Malik Texas is facing its biggest test of the summer this week to keep the power on — and air conditioners...
Texas to Face Extreme Heat in New Test for Its Power Grid: Weather Watch May 22, 2024 By Brian K. Sullivan Temperatures will soar across Texas this week, increasing demand for energy as people switch on air conditioning to cool down....
Central U.S. States Brace for Possible Severe Storms: Weather Watch May 21, 2024 By Brian K. Sullivan There is a moderate risk — the second highest — of severe thunderstorms across parts of Iowa, Illinois, Wisconsin and...
Extreme Weather, Cyber Risks Top Concerns When Insuring Farms March 1, 2024 By Jahna Jacobson As risks from extreme weather, technology glitches and cyberattacks rise, so does the need for agricultural insurance that can cover...
Londoners Unprepared for ‘Lethal’ Climate Risks, Report Says January 18, 2024 By Olivia Rudgard London isn’t ready to deal with climate risks including flooding and overheating, according to an independent review of government measures....
Natural Disasters Led to $250B in Global Losses Last Year January 12, 2024 By Stephan Kahl Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half...
Storm Hitting Chinese Ports is a Wakeup Call for Climate Risk to Markets December 12, 2023 DUBAI —As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for...