Skip to content
News : General
1 month ago

Climate Risk: Building Resilience Against Secondary Perils

Secondary perils are increasingly making up the majority of natural catastrophe losses. These events, such as thunderstorms, floods, and wildfire, generally cause low-to-medium sized losses, compared to the more destructive ‘peak’ perils of hurricanes and earthquakes – and as a result, are often overlooked in comparison, in terms of resilience measures and insurance coverage. 

However, these secondary perils are becoming a primary concern as they grow more frequent, more intense, and more costly. Individual events are causing more damage than ever before, while losses can quickly accumulate as a result of their more frequent nature. Their impact on your organization should, therefore, not be underestimated. 

With climate change leading to more and more unprecedented weather events, how can you ensure your business is prepared?  

In this report, we look at the changing nature of secondary perils, the growing losses they’re causing, and how you can build resilience against their impact, including: 

  • Severe Convective Storms 
  • Heatwaves 
  • Extreme Cold 
  • Drought 
  • Wildfire 
  • Intense Rainfall and Flash-Flooding 

Download the report now to learn how to begin transforming your organization’s climate risk resilience. 

 

About
Sigma7

Introducing Sigma7. We are building a new kind of risk services platform to enhance value for the world’s most prominent and complex businesses. Our mission is to help organizations create competitive advantage through actionable risk insights and business outcomes. We work globally across risk domains, apply modern technologies, and integrate the services of respected specialist brands in risk services.

We provide executive-level attention from preeminent risk experts, connecting risk profiles to the organization’s strategy and tactical operations.

Stay in
Touch

Subscribe to our newsletter delivered straight to your inbox.