solar weather


Solar storm space weather could cause $330bn insured loss: Research

The University of Cambridge Centre for Risk Studies has released a report exploring the potential impact space weather could have on the U.S. economy and insurance industry, noting that its stress test scenario shows the insurance industry could face losses of as much as $334 billion. Much uncertainty surrounds the potential read the full article →

Solar weather and geomagnetic storms a threat to re/insurance industry: Aon Benfield

Reinsurance broker Aon Benfield has published a report which delivers a timely reminder to the insurance and reinsurance industry that the potential losses from a major space weather event could cause massive economic and insured losses and the re/insurance industry needs to consider its preparation and response. Solar storm and read the full article →

Solar panel manufacturer bundles products with catastrophe insurance in Japan

Ever since the devastating earthquake and tsunami struck Japan in March 2011 the country has received a lot of attention regarding the high level of exposure to a variety of natural disasters and catastrophes. Chinese solar panel and module manufacturer Phono Solar is addressing the broad catastrophe risks in Japan read the full article →

Space weather risk rising, time to hedge with derivatives?

The sun last week sent out the strongest solar flare for the last four years and scientists warn that this is a sign of things to come as we head toward a period of increased sunspot and solar storm activity. The next solar maximum, as it is called, is expected read the full article →