Natural disaster

PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today published its 2023 Weather, Climate and Catastrophe Insight report,.

Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. "While impacts of climate change become increasingly visible around the world, it is the socioeconomic aspects, demographics and wealth distribution that remain a major driver of financial loss. - Monsoonal floods in Pakistan had a far-reaching humanitarian impact on the country. - Windstorm Eunice was the costliest individual European windstorm since 2010, with $3.4 billion in insured losses. Data in this report will help guide organizations to not only enhance their own risk mitigation but take action to close the protection gap globally to better protect the communities in which we live and work." N/A The report reveals that natural disasters caused a $313 billion global economic loss during the 12-month period under review - 4 percent above the 21st-century average - $132 billion of which was covered by insurance. By working together on scalable solutions, we will not only mitigate risk, but bring together public, private and societal forces to accelerate innovation, protect underserved communities and strengthen the economy." "This report explores the events and costs of catastrophes and natural disasters in 2022 that created a staggering amount of economic loss," said Greg Case, CEO of Aon. The report also highlights that approximately 31,300 people lost their lives due to global natural catastrophe events in 2022. [Facebook ](https://c212.net/c/link/?t=0&l=en&o=3765516-1&h=1519542088&u=https%3A%2F%2Fwww.facebook.com%2FAonplc&a=Facebook%C2%A0)and [Aon Newsroom ](https://c212.net/c/link/?t=0&l=en&o=3765516-1&h=2709009267&u=https%3A%2F%2Fwww.aon.com%2Fhome%2Fnews.jsp&a=Aon+Newsroom%C2%A0)and sign up for News Alerts [here](https://c212.net/c/link/?t=0&l=en&o=3765516-1&h=3388306965&u=https%3A%2F%2Faon.mediaroom.com%2Fget-news-alerts-by-email&a=here). 02/18 – 02/19

Global insurance and reinsurance broker Aon has estimated that annual insured losses from natural disasters reached $132 billion in 2022, making it the.

Forward-thinking in the insurance industry can drive the global economy forward not only through risk mitigation today, but by matching capital where it’s needed, such as via clean tech solutions and de-risking projects, which will encourage investments and build resilience for tomorrow.” “Furthermore, through such comprehensive data analysis, the industry has a chance to transform volatility into opportunity through the development of new products to meet customer demand, while further reducing the protection gap. “But this data also highlights a tremendous opportunity for us to continue to better serve clients.

Watching other natural disasters recently, such as the Black Summer bushfires and flooding, Dr Downing said her “heart always goes out to them” because she ...

they told me to jump in,” Dr Downing recalled in the 2017 book Tears Laughter Champagne, a publication she put together with eight other women – the ‘Singed Sisters’ – who came together after losing their homes on 18 January. “Before I could think that problem through I was yelled at by police through a megaphone from their slow-moving vehicle. She and her 10-year-old son were the only ones home when power went out. “The support needs to be in place in communities before disaster happens, so that people have the best sort of recovery afterwards,” she said. “I think a lot of experiences of natural disasters, not just the Canberra fires, have shown that two years would have to be the minimum [length of time], because at the two-year point most people weren’t back in their homes,” she said. “If a bushfire comes through your suburb, really, you have an instant community.

NATURAL disasters, many driven by climate change, caused global economic losses of US$313 billion in 2022, insurance broker Aon estimated on Wednesday (Jan ...

Natural disasters have derailed too many businesses. By preparing in advance, you can keep your employees safe and ensure business continuity no matter what ...

Everyone thinks it will never happen to them, but it can — and in the face of climate change, it is increasingly likely that it will. [FORTIFIED™ Roof](http://www.fortifiedhome.org/), centered around a construction standard based on years of research into what causes roofs to fail in high winds. [EZ-Prep](https://disastersafety.org/business-protection/ez-prep/), a free online guide including customizable checklists, can help you build a plan to reduce physical damage and respond to operational disruptions caused by severe weather. [Contingency planning](https://www.entrepreneur.com/leadership/4-ways-to-prepare-now-so-your-business-survives-the/287334) is important regardless of the region your business is in or whether you are coastal or inland. When a roof fails, it can initiate a cascade of damage to a building's interior and structure. [backup information](https://www.entrepreneur.com/growing-a-business/why-every-small-business-needs-a-backup-and-disaster/275473) for your critical data and IT systems, which can easily go down from power surges or water damage. For most businesses, a physical structure is critical to operations — whether it's an office building, a storefront or your own home. Even a small gas-powered generator can ensure your phones are charged and your laptop works, enabling you to stay online and maintain a base level of operations during a crisis. To ensure that you can quickly disseminate essential information to your team, maintain an up-to-date contact list, and have draft communications ready that can quickly be tailored and sent. As the old saying goes, "If you fail to plan, you plan to fail." This can be due to loss of property, the displacement of employees and customers and the disruption to business operations that these events cause. [emergency communication](https://www.entrepreneur.com/growing-a-business/how-to-communicate-effectively-during-a-crisis/290446) plan in place.

In Togo, the National Agency for Civil Protection (ANPC) is making a disaster prevention guide available to teachers in the town of Dapaong, 650 kilometers ...

This policy has led, for example, to the implementation of the project Strengthening the Resilience to Climate Change of Togo’s Coastal Communities (R4C-Togo). To combat climate change, the West African country launched its National Strategy for Disaster Risk Reduction in 2009. “The first part of the book is devoted to generalities and includes an appropriation of key concepts, content guidelines, and teaching methodology for disaster risk reduction and climate change.

Natural disasters cost French insurers €10 billion last year, a two-decade high as such events become more frequent and intense, the head of the sector's ...

Paris has not completely closed the door to temporary bans, suggesting “time- and space-limited closures” to fishing could be tested in the Bay of Biscay in winter 2024-25 “if there are no satisfactory results in reducing accidental catches” of dolphins. Many fishing ships are already fitted with the devices in a “large-scale experiment” to test their effectiveness, the government said. Of the washed-up dolphins, “most presented signs of being caught in fishing equipment”, Pelagis said, with the LPO singling out “slices in the tail fins and clear traces of nets” on their skin.

Paris: Natural disasters cost French insurers 10 billion euros ($10.9 billion) last year, a two decade high as such events become more frequent and in...

The insurance federation said the bill from natural disasters will exceed 140 billion euros over the next 30 years, double the amount for the previous three decades. Paris: Natural disasters cost French insurers 10 billion euros ($10.9 billion) last year, a two-decade high as such events become more frequent and intense, the head of the sector's federation said Thursday. Photo by PHILIPPE LOPEZ / AFP

Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132 billion, according to.

- Three global drought events – in the United States, Europe and China – were among the 10 costliest disasters, underlining the growing significance of the peril on a global scale. “The number of annual human casualties has shown a notable decline in recent decades. - Monsoonal floods in Pakistan had a far-reaching humanitarian impact on the country. - Windstorm Eunice was the costliest individual European windstorm since 2010, with $3.4 billion in insured losses. The report attributes the lower protection gap to the fact that both 2022 and 2005 saw extremely costly hurricane events in the U.S., a country with a relatively mature insurance market. (The protection gap is the difference between total economic losses and the amount that is covered by insurance).