Articles
Recapping the 2024 Hurricane Season
Whilst to most, 01 December marks the countdown towards the festive season, to others on the other side of the Atlantic, it also marks the end of the Hurricane Season (officially on 30 November). Initial Forecast vs. Actual Season Forecast Expectations: Back in May 2024, experts from NOAA and Colorado State University predicted an above-average hurricane……
CAT Spotlight – Italy
In this CAT spotlight article, we look at Italy, where floods and earthquakes have caused the most damage over the last two centuries. As an example of the frequency of seismic events, Italy suffered over 16,000 in 2023, according to Statista data, but only two were greater than 5 on the moment magnitude scale.* The……
Top 15 Accounting Habits of Successful Contractors
Who doesn’t love a list of the “Top” things to do? Topics like the “Top 15 Vacation Getaways for under $1,000” or the “Top 15 Road Trips Around America” garner a lot of excitement. So, it would stand to reason that a list about the “Top 15 Accounting Habits of Successful Contractors” would evoke a……
Deep-Sea Mining – Panacea or Problem?
For quite some time now, much has been said about the world’s move toward clean energy and the goal toward net zero by 2050. To achieve this, demand will continue to grow for certain critical minerals, such as lithium, nickel, cobalt, graphite, etc. But how can this demand be met with ethically sourced minerals? While……
Measuring Business Interruption Dependency Claims: A Case Study from Cyclone Gabrielle
Cyclone Gabrielle made history as the costliest tropical cyclone in the southern hemisphere. Conceived as a tropical low North of Fiji in early February 2023, Cyclone Gabrielle intensified to as high as Category 3 storm. After downgrading to ex-tropical cyclone status on 12 February 2023, Gabrielle reached the Northern regions of New Zealand’s North Island……
The Bottom Line of Catastrophe: How Catastrophic (CAT) Events are Impacting the Insurance Industry Worldwide
In this new series of spotlight articles, we look at how CATs are affecting different countries all over the world. These are snapshots of various countries CAT history and are designed to give the reader a basic understanding of the relevant issues. First on the list is Canada. In 2023, severe weather was responsible for……