Here we review GC Capital Ideas posts on how the private sector is exploring the development of innovative solutions for public sector risk exposures.
Posts Tagged ‘Catastrophe’
From one of GC Capital Ideas’ more popular categories, we highlight the top Chart Room stories viewed during the first half of 2016:
The Bluecut and Clayton fires have caused significant impacts to affected areas and pose an ongoing serious threat to life and property. No serious injuries or deaths have been reported, however, the fires have destroyed multiple structures. Our first thoughts and concerns are with those directly affected by this event.
Here we review the most popular stories on the subject of cyber through the first half of 2016.
In the U.S. Northern Gulf States, a significant and historic flood event has affected areas of southern Louisiana and Mississippi. Flood impacts have been particularly severe in areas of Baton Rouge and Hammond, Louisiana. Media reports indicate at least six fatalities, several thousand water rescues and at least 2,700 homes affected. It will take some time to fully assess the scope and severity of impacts of this event, and our thoughts are with those lost and directly affected by this event.
Hurricane Earl made landfall in Belize last Thursday, with final landfall as a tropical storm in Southeast Mexico over the weekend. Impacts have been rendered in Belize as a result of strong wind gusts, an impactful storm surge and heavy rainfall. Some damage to property and infrastructure has been reported, although the full scope and severity remain unclear. Significant rainfall has also affected areas of Southeast Mexico, with reports of destructive flooding, landslides and property damage. At least 42 have been reported dead in Southeast Mexico and another 2,000 have been displaced, according to media reports. The full extent of impacts from this event remains unclear as recovery and assessment efforts are still underway. Our first thoughts and concerns are with those lost and directly affected by this event.
Here we review GC Capital Ideas posts on the role of risk management in facilitating the progress of innovation and infrastructure improvement.
Here we review GC Capital Ideas posts on how catastrophic exposures are adversely impacting public entities.
Super Typhoon Nepartak made landfall on the southeast coast of Taiwan around 22 UTC on July 7, before final landfall as a tropical storm on Mainland China around 06 UTC on July 9. Nepartak has rendered significant flood impacts both in Taiwan and Mainland China according to media reports, with at least 10 and three dead in Mainland China and Taiwan, respectively. Flood impacts have been especially severe in Mainland China, which was affected by excessive monsoon rains just prior to Nepartak. Our first thoughts and concerns are with those lost and directly affected.