Business interruptions, cyberattacks, natural catastrophes and more will likely remain the key underlying risk themes in 2022. How can businesses prepare?
According to the Titan research project, which specializes in the analysis of regional policy, 77 billion Euros can be attributed to losses connected to natural disasters.
The American Farm Bureau estimates 2020 natural disasters created $6.5 billion in crop losses alone, with less than half covered by indemnities through the USDA Risk Management Agency.
The Climate & Catastrophe Insight: 2020 Annual Report from global professional services firm Aon plc, evaluates the impact of global natural disaster events to identify trends, manage volatility and enhance resilience. Here are the costliest natural events from last year.
According to Swiss Re Institute's preliminary estimates, global economic losses from natural catastrophes and man-made disasters in the first half of 2018 were $36 billion.
