Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Climate disruption to cost ports $7.5 billion per year: Study

January 17, 2023 Reprints

The U.K. Environmental Change Institute has estimated that geological risks such as earthquakes and climate change, cause $7.5 billion of damage every year to ports around the world, The Loadstar reported. The institute said that 40% of 1,340 ports globally are exposed to maritime hazards, including tropical storms and flooding, Ports in Western Europe were found to be particularly vulnerable to fluvial and coastal flooding.

1. Insurers likely to avoid major financial hit from CrowdStrike outage
2. Business interruption claims to drive bulk of losses after IT outage
3. WTW’s net income grows by 48%
4. Brokerage M&A activity in Canada expected to accelerate
5. Allianz to buy 51% stake in Singapore insurer for $1.6 billion
6. Insured losses from nat cats likely to continue rising: Swiss Re

Help

Climate disruption to cost ports $7.5 billion per year: Study

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources