Storm Fern and the Business Impact of Extreme Weather
Winter storm Fern, which recently swept across much of the United States, has underlined how vulnerable businesses remain to severe weather. Analysts estimate that the event could result in insured losses of several billion dollars, but for many companies the financial impact goes far beyond property damage. The storm affected more than 220 million people […]
Lessons from 2025 on Climate-Driven Losses
As the insurance market reflects on 2025, one conclusion is difficult to avoid: climate-driven losses are no longer episodic or peripheral. They are structural, persistent and increasingly driven by so-called “non-peak” perils. Wildfires, flooding and severe thunderstorms once again defined the claims environment, reshaping loss patterns globally, including the UK and Europe. These conditions that […]