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Interest in Arctic shipping is growing, although ship operators need to engage with their insurers to ensure that effective insurance cover continues to be made available, according to insurance broker Marsh.
As insurers continue to grapple with the unknowns of the natural world, this year's Science of Risk prize is hoping to gain new insight from the scientific community.
On 15 May 2014, Lloyd’s Head of Exposure Management, Trevor Maynard, hosted a Twitter discussion on the effects of climate change. Here you can browse some of the highlights from the session.
Against a background of more frequent severe weather events, such as floods and windstorms, a new report from Lloyd’s highlights the importance of insurers ensuring that their catastrophe modelling tools keep pace with the effects of climate change.
A heightened risk of flooding and increased threats to food and water security, are among the main findings of the latest report from the Intergovernmental Panel on Climate Change (IPCC).
The complex concept of “catastronomics” - how diverse multi-trillion dollar catastrophic scenarios could impact the economy - was under the microscope at a University of Cambridge seminar earlier this month.
While the Polar Regions offer significant opportunities in oil and gas reserves, they also present extreme and fast changing risks. Due to increased activity in the region, an international code of safety is being developed for ships operating in these waters.
Income disparity, extreme weather and the balkanisation of the internet are among the global risks on the agenda at Davos this year.
Due to increasing vessel sizes and growing cargo volumes, the cost of removing shipwrecks, such as the stricken Costa Concordia, is spiralling, marine experts warn.
Population growth, urbanisation and climate change are presenting significant challenges for cities now and into the future.
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