Post Event Report: Hurricane Ida Eastern U.S. Impacts: At least 50 deaths were reported in six Eastern states as Ida’s remnants overwhelmed rivers and sewer systems and spawned several tornadoes. The Mid-Atlantic and Northeast regions had already experienced wetter-than-normal conditions in August, with elevated rivers and water tables inhibiting the ability for natural systems ... Continue Reading »
Week in Review
Week’s Top Stories: September 4-10, 2021
Video: The State of Wildfire Resilience: In this video, Sydney Hedberg, Associate Director, Marsh McLennan Advantage; Andy Read, Vice President, Public Sector Practice, Guy Carpenter; and Sydney Chamberlin, Climate Policy Associate, The Nature Conservancy, join Thomas Carver, Executive Editor of BRINK News, for a discussion on how society can respond to the growing ... Continue Reading »
Week’s Top Stories: August 28-September 3, 2021
Major Hurricane Ida Tied for Strongest Hurricane on Record in Louisiana; 5th Strongest in US: Sustained winds of 150 mph, with higher gusts, caused significant damage at and near the landfall point in Port Fourchan, LA. Storm surge in excess of seven feet was observed, while power outages affected 80% of the state of Louisiana. Read the story >> Live Event: Growing ... Continue Reading »
Week’s Top Stories: August 21-27, 2021
Tropical Storm Henri Northeast Landfall; Hurricane Grace Final Mexico Landfall as Major Hurricane: Henri made landfall in Rhode Island on Saturday, August 22, while Grace made its final landfall on the same date near Tecolutla, Mexico, after a period of rapid escalation. Read the story >> With the Right Tools, Sureties Can Navigate Tough Economic Cycles: Guy ... Continue Reading »
Week’s Top Stories: August 14 – 20, 2021
Live Event: TS Grace to Impact Yucatan as a Hurricane: Tropical Storm Grace led to a hurricane watch in Mexico, while Tropical Storm Fred made landfall in the Florida panhandle and Tropical Storm Henri was expected to make a close approach to Bermuda. Continue reading >> Outlook: Wildfire Activity Increasing Across Western US: Large fire activity and extreme fire ... Continue Reading »
Week’s Top Stories: August 7–13, 2021
2021 Global Large Loss Activity/COVID-19 Losses: Hailstorms, heavy rains and tornadoes in parts of France, Belgium, the Netherlands, Switzerland, Germany, the Czech Republic and elsewhere in Europe (between June 21 and July 1) could increase the insured loss estimate by over USD 2.5 billion. Read the article » 2021 Mid-Year Reinsurance Renewal: A year after the onset of ... Continue Reading »
Week’s Top Stories: July 31 – August 6, 2021
Post Event Report, Henan Flood – July 17-21: During the period of July 17 to 21, catastrophic flooding affected Zhengzhou, Henan in Mainland China. The flooding was driven by historic intense rainfall caused by the combination of air-flow around the Western North Pacific Subtropical High and tropical cyclones Cempaka and In-fa. Read the report >> Chart: Guy ... Continue Reading »
Week’s Top Stories: July 24 – 30, 2021
Post Event Report, Henan Flood – July 17-21: During the period of July 17 to 21, catastrophic flooding affected Zhengzhou, Henan in Mainland China. The flooding was driven by historic intense rainfall caused by the combination of air-flow around the Western North Pacific Subtropical High and tropical cyclones Cempaka and In-fa. Read the report >> Growing Cyber ... Continue Reading »
Week’s Top Stories: July 17 – 23, 2021
Future of Work: How Hybrid Should Your Workplace Be? The COVID-19 pandemic is forcing financial services executives to reimagine the workplace of tomorrow while simultaneously scrambling to ensure they can operate safely today. The moves they make in the next few months in shaping how colleagues return to the office could have ramifications for years to come. Read the ... Continue Reading »
Week’s Top Stories: July 10 – 16, 2021
Artificial Intelligence Will Enable Personalized, Proactive and Smarter Care: Society is entering the age of artificial intelligence. Significant players in every industry are implementing narrow artificial intelligence (NAI) to improve their business processes. As a consequence, no element of the global insurance business model will be untouched. Most insurance product lines ... Continue Reading »
