Changing climates: the heat is (still) on : hazard intensification set to compound economic losses
<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Changing climates: the heat is (still) on</title>
<subTitle>: hazard intensification set to compound economic losses</subTitle>
</titleInfo>
<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20220006583">
<namePart>Banerjee, Chandan</namePart>
<nameIdentifier>MAPA20220006583</nameIdentifier>
</name>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20170013402">
<namePart>Swiss Re Institute</namePart>
<nameIdentifier>MAPA20170013402</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">che</placeTerm>
</place>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">Zurich</placeTerm>
</place>
<publisher>Swiss Re Institute</publisher>
<dateIssued>2024</dateIssued>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<extent>28 p.</extent>
</physicalDescription>
<abstract displayLabel="Summary">In this study, it combines the insurance knowledge of property damage resulting from natural disasters with new scientific evidence from the IPCC on the probability (low, medium, high) of more severe weather conditions. To date, the main drivers of rising losses have been economic growth and urbanisation. Climate change plays a relatively small role today, but we expect associated losses to accumulate and contribute more in the future. The analysis covers 36 countries and focuses on four major weather perils: floods, tropical cyclones, winter storms in Europe and severe convective storms. These are the main loss-inducing perils for the insurance industry today and account for the largest share of economic losses from natural disasters globally. As of today, in terms of property impact, these perils cause expected economic losses of USD 200 billion annually. This is just the lower bound of all potential losses, as not all weather perils (eg, heatwaves) are covered, and only property losses are accounted for. As changing climates fuel weatherevent intensity, loss potential will likely rise</abstract>
<note type="statement of responsibility">Chandan Banerjee... [et al.]</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080574932">
<topic>Cambio climático</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600204">
<topic>Catástrofes naturales</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080629755">
<topic>Seguro de riesgos extraordinarios</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20130005317">
<topic>Pérdidas máximas por siniestros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080608392">
<topic>Riesgos meteorológicos</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611880">
<topic>Perspectivas del seguro</topic>
</subject>
<classification authority="">328.1</classification>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">231215</recordCreationDate>
<recordChangeDate encoding="iso8601">20240229171743.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20240003791</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>