Insurance giant warns of rising natural disaster risk

clock • 2 min read

Munich Re claims 2008 was third worst year on record for natural disaster related losses, and warns climate change will lead to increased risks in the future

Reinsurance giant Munich Re is calling for more concerted action on climate change this year after singling out 2008 as the third worst year on record for losses from natural disasters. Overall losses...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

A third of Britons fear extreme heat will slash the value of their homes

A third of Britons fear extreme heat will slash the value of their homes

Survey reveals growing fears over-heating, subsidence, and increased flood and fire risks could impact property valuations in the coming years

James Murray
clock 03 August 2026 • 3 min read
Nearly five million properties across Europe to face heightened wildfire risk by 2050

Nearly five million properties across Europe to face heightened wildfire risk by 2050

Analysis from Climate X estimates nearly five million properties will experience wildfire threat, as FT analysis suggests economic cost of recent fires has topped €3bn

James Murray
clock 03 August 2026 • 3 min read
UK at risk of recession if Strait of Hormuz blockade continues, EY warns

UK at risk of recession if Strait of Hormuz blockade continues, EY warns

Consultancy's latest forecast argues UK economy has proven surprisingly resilient in face of energy shock, but risk of recession is growing as disruption to oil and gas markets continues

James Murray
clock 03 August 2026 • 5 min read