October 27, 2012 05:20
by J. Wylie Donald
It was the best of times. It was the worst of times. In North America, anyway. As Hurricane Sandy looms over the Eastern seaboard, we thought it would be worthwhile to take a look at two recent reports about extreme weather. Ceres, the investor focused “advocate for sustainability leadership,” issued in September its report: Stormy Future for U.S. Property/Casualty Insurers: The Growing Costs and Risks of Extreme Weather Events. Munich Re, one of the world’s leading reinsurers, followed in early October with Severe Weat...