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Sources:
1 World Economic Forum. The Global Risks Report 2016.
https://www.zurichna.com/en/knowledge/articles/2016/01/global-risks-re
port-2016
2 U.S. Global Change Research Program. National Climate Assessment,
2014: “Climate Change and the American People.”
/NCA
3_Full_Report_0c_Climate_Change_and_American_People_LowRes.pdf?
download=13
3 Baehr, Leslie. “22 Devastating Effects Of Climate Change.” Business
Insider, 11 June 2014.
http://www.businessinsider.com/effects-of-climate-change-2014-6
4 U.S. Department of Homeland Security. Written testimony of NPPD
and PLCY Assistant Secretary David Heyman for a Senate Committee on
Homeland Security and Governmental Affairs hearing titled “Extreme
Weather Events: The Costs of Not Being Prepared.” 12 February 2014.
https://www.dhs.gov/news/2014/02/12/written-testimony-nppd-and-plcy
-senate-committee-homeland-security-and-governmental
5, 6 Center for Climate and Energy Solutions. “Weathering the Storm:
Building Business Resilience to Climate Change.” July 2013.
(http://www.c2es.org/publications/weathering-storm-building-business-r
esilience-climate-change)
Zurich
1400 American Lane, Schaumburg, Illinois 60196-1056
800 382 2150 www.zurichna.com
The information in this publication was compiled from sources believed
to be reliable for informational purposes only. All sample policies and
procedures herein should serve as a guideline, which you can use to
create your own policies and procedures. We trust that you will
ve
that these samples may serve as a helpful platform for this endeavor.
Any and all information contained herein is not intended to constitute
advice (particularly not legal advice). Accordingly, persons requiring
advice should consult independent advisors when developing programs
and policies. We do not guarantee the accuracy of this information or
any results and further assume no liability in connection with this
publication and sample policies and procedures, including any
information, methods or safety suggestions contained herein. We
undertake no obligation to publicly update or revise any of this
ents,
events or circumstances or otherwise. Moreover, Zurich reminds you
that this cannot be assumed to contain every acceptable safety and
compliance procedure or that additional procedures might not be
appropriate under the circumstances. The subject matter of this
ll
adopting these policies and procedures ensure coverage under any
insurance policy.
©2016 Zurich American Insurance Company
Four steps to
helping create
resiliency
Build awareness within operations, facilities, supply
chains, employees, customers and communities.11
Assess and review the risks of physical impacts and
update your ongoing risk management activities.6
44
Manage risks and pursue opportunities and integrate
them into enterprise-wide risk management systems,
working with local governments and stakeholders.
33
Assess vulnerabilities and how changes in the likelihood
or magnitude of extreme weather events may affect
your business.
2
Extreme weather
events are already
affecting American
businesses
Rising costs Supply chain Markets for
products
Distribution and
transportation
Business
interruption
Increased
Market
volatility
Regulatory
changes
How extreme
weather events
are affecting
the U.S.
Heavy rain Increased snowfallHeat waves
2
Higher sea levels Droughts
Projected annual
costs of extreme
weather events
to the global
economy by 2030.3
Projected U.S.
economic loss as a
result of extreme
weather events
through 2050.4
Percentage of S&P
Global 100 Index
companies that
weather as a
current or future
business risk.5
$1.2T$700Bper year 90
Nearly
Climate volatility can affect
“business as usual”
change mitigation and adaption as the most impactful risk
over the next 10 years.1

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Insurance climate volatility infographic

  • 1. Sources: 1 World Economic Forum. The Global Risks Report 2016. https://www.zurichna.com/en/knowledge/articles/2016/01/global-risks-re port-2016 2 U.S. Global Change Research Program. National Climate Assessment, 2014: “Climate Change and the American People.” /NCA 3_Full_Report_0c_Climate_Change_and_American_People_LowRes.pdf? download=13 3 Baehr, Leslie. “22 Devastating Effects Of Climate Change.” Business Insider, 11 June 2014. http://www.businessinsider.com/effects-of-climate-change-2014-6 4 U.S. Department of Homeland Security. Written testimony of NPPD and PLCY Assistant Secretary David Heyman for a Senate Committee on Homeland Security and Governmental Affairs hearing titled “Extreme Weather Events: The Costs of Not Being Prepared.” 12 February 2014. https://www.dhs.gov/news/2014/02/12/written-testimony-nppd-and-plcy -senate-committee-homeland-security-and-governmental 5, 6 Center for Climate and Energy Solutions. “Weathering the Storm: Building Business Resilience to Climate Change.” July 2013. (http://www.c2es.org/publications/weathering-storm-building-business-r esilience-climate-change) Zurich 1400 American Lane, Schaumburg, Illinois 60196-1056 800 382 2150 www.zurichna.com The information in this publication was compiled from sources believed to be reliable for informational purposes only. All sample policies and procedures herein should serve as a guideline, which you can use to create your own policies and procedures. We trust that you will ve that these samples may serve as a helpful platform for this endeavor. Any and all information contained herein is not intended to constitute advice (particularly not legal advice). Accordingly, persons requiring advice should consult independent advisors when developing programs and policies. We do not guarantee the accuracy of this information or any results and further assume no liability in connection with this publication and sample policies and procedures, including any information, methods or safety suggestions contained herein. We undertake no obligation to publicly update or revise any of this ents, events or circumstances or otherwise. Moreover, Zurich reminds you that this cannot be assumed to contain every acceptable safety and compliance procedure or that additional procedures might not be appropriate under the circumstances. The subject matter of this ll adopting these policies and procedures ensure coverage under any insurance policy. ©2016 Zurich American Insurance Company Four steps to helping create resiliency Build awareness within operations, facilities, supply chains, employees, customers and communities.11 Assess and review the risks of physical impacts and update your ongoing risk management activities.6 44 Manage risks and pursue opportunities and integrate them into enterprise-wide risk management systems, working with local governments and stakeholders. 33 Assess vulnerabilities and how changes in the likelihood or magnitude of extreme weather events may affect your business. 2 Extreme weather events are already affecting American businesses Rising costs Supply chain Markets for products Distribution and transportation Business interruption Increased Market volatility Regulatory changes How extreme weather events are affecting the U.S. Heavy rain Increased snowfallHeat waves 2 Higher sea levels Droughts Projected annual costs of extreme weather events to the global economy by 2030.3 Projected U.S. economic loss as a result of extreme weather events through 2050.4 Percentage of S&P Global 100 Index companies that weather as a current or future business risk.5 $1.2T$700Bper year 90 Nearly Climate volatility can affect “business as usual” change mitigation and adaption as the most impactful risk over the next 10 years.1