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catastronomics

Tribune: Insure more to better cope with natural disaster

A report co-authored by the Centre for Risk Studies at Cambridge Judge Business School demonstrates the impact of insurance on the speed and quality of recovery in areas affected by a natural disasters. According to the report, countries with higher…

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Sigorta Dunyasi: Countries with high insurance rates are recovering rapidly after a natural disaster

A study by the Centre for Risk Studies at Cambridge Judge Business School, is featured in a Turkish newspaper. According to the study, countries with higher insurance penetration usually bounce back faster from natural disasters, but the “fragmented” nature of…

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Asia Insurance Post: Global annual average cat losses rise almost eight times in 50 years

Higher insurance penetration usually speeds recovery from natural disasters, but not in the US due to a fragmented insurance market, says new report from the Centre for Risk Studies at Cambridge Judge Business School. "The report looks mostly at vulnerable…

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Catastrophe insurance

Higher insurance penetration usually speeds recovery from natural disasters, but not in the US due to a fragmented insurance market, says new report from the Centre for Risk Studies at Cambridge Judge Business School. Countries with higher insurance penetration usually…

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Illustration of a storm causing crashing waves and bending palm trees, with a vulnerable city in the background.

Insurance Journal: $584 billion at risk from catastrophic events in 2020 according to Cambridge study

A report by the Centre for Risk Studies is quoted in the article. The report looked at the impact of catastrophic events on global GDP and found that “roughly $584 billion could be wiped from the global economy from such…

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Only Strategic: Global Risk Index suggests around $584bn could be lost in 2020

Around $584 billion could be wiped off the global economy by catastrophic events in 2020, according to an annual Global Risk Index by the Centre for Risk Studies at Cambridge Judge. The index measures the potential impact on 279 major…

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Vice: Four ways the climate crisis could trigger a 2008-style economic crash

A report on the impact of natural catastrophes on financial markets co-authored at the Centre for Risk Studies, Cambridge Judge Business School, is featured in the article. According to the report, “a Category 4 hurricane that made landfall south of…

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Willis Towers Watson Wire: Geopolitical instability: Turning up the heat on the energy sector

A report by the Centre for Risk Studies, Cambridge Judge Business School, is featured in the article. The 2019 Global Risk Index “quantifies the impact of future catastrophe shocks on the world’s economy, represented by the most prominent cities accounting…

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Vice: The $1 trillion storm: How a single hurricane could rupture the world economy

A report by the Centre for Risk Studies (CRS) looking at the impact of natural catastrophes on financial markets is featured in the article. Oliver Carpenter, Research Assistant at CRS, said that losses from natural disasters like hurricanes are usually…

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Risk & Insurance: Harvey hampers third of US refining capacity

The economy of Houston, Texas, could lose up to $60 billion in gross domestic output in the next year due to Hurricane Harvey floods, according to an analysis by the Cambridge Centre for Risk Studies. “Beyond the immediate impact to…

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