Reduce risk by preparing for severe weather incidents
Whether it is tornadoes, hurricanes, forest fires or heat waves, planning for severe weather and its impacts should be commonplace for security leaders. A recent report reveals that insured losses from severe thunderstorms, or severe convective storms (SCS), have reached an all-time high. According to the report by Swiss Re Institute, losses from severe thunderstorms have steadily increased by 7% annually in the last 30 years. Losses in 2023 marks an increase of almost 90%…
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