The interruption to shipping due to low water levels on the river Rhine in 2018 is associated with a loss of EUR 5 billion in industrial production.1
Eight of the ten largest wildfires in California's history have occurred in the last five years, putting the insurance market under pressure.2
Heat waves are becoming more frequent, longer-lasting, and more intense in most Southeast Asia, impacting productivity and workers health, ultimately leading to business
interruptions.3
Chinese industrial firms may locally face significant reductions in production as a result of precipitation extremes that flood production sites, infrastructure or workers residential areas.4