Our weather risk management platform is the complete solution for #ukconstruction innovators to tackle #weatherrisk, making your organisation climate resilient.
Inland flooding from hurricanes has caused more deaths than coastal storm surge in the past 20 years. The impacts reach far beyond where storms make landfall. π https://t.co/TMGHJ29YrD #FloodRisk#HurricaneImpact
Global reinsurance payouts for hurricanes now average $30β50B per year. With warmer seas, that figure is climbing. Actuarial models need climate data, not hindsight. π https://t.co/TMGHJ29YrD #InsuranceRisk#ClimateSignals
Storm clusters matter: 60% of major hurricanes strike between August and October. Thatβs why peak season feels like volatility season for markets and projects alike. π https://t.co/TMGHJ29YrD #HurricaneSeason#RiskManagement
Hurricane Sandy caused $70B in damages β but more than half was linked to business interruption, not physical destruction. Planning for downtime is planning for survival. π https://t.co/TMGHJ29YrD #BusinessContinuity#WeatherRisk
For every $1 of insured hurricane damage, up to $3 in economic losses come from downtime, lost productivity, and supply chain disruption. Hidden costs are the real killer. π https://t.co/TMGHJ29YrD #ClimateFinance#DowntimeRisk
In 2021, Hurricane Ida shut down 95% of Gulf Coast oil production for days. Energy outages ripple far beyond the coastline β into every market and industry. π https://t.co/TMGHJ29YrD #EnergySecurity#HurricaneSeason
After Hurricane Michael, lumber prices spiked 25% in weeks. Supply chains buckle fast under storm stress. Are your contracts ready for the next surge? π https://t.co/TMGHJ29YrD #MaterialCosts#SupplyChainRisk
Construction fact: Hurricane Harvey flooded 300,000 buildings in Texas. Recovery took years β but the biggest losses were in projects delayed or cancelled outright. π https://t.co/TMGHJ29YrD #ConstructionResilience#StormImpact
Hurricanes donβt just hit coastlines. 70% of US counties have been affected by hurricane remnants in the last 20 years. Floods, winds, supply chain shocks β inland isnβt safe. π https://t.co/TMGHJ29YrD #ClimateRisk#HurricaneImpact
Insurers paid out $60B in hurricane-related claims in 2023 alone. But what about unclaimed downtime? Thatβs where the hidden exposure lives. π https://t.co/TMGHJ29YrD #Insurance#WeatherRisk
By 2050, NOAA projects the Atlantic could see twice as many Category 4 & 5 hurricanes. Imagine the downtime multiplier for construction & energy systems. π https://t.co/TMGHJ29YrD #ExtremeWeather#Resilience
Trading stat: Hurricane Katrina sent oil prices up 15% in a single week, reshaping global markets. Every storm is a trading event β not just a weather one. π https://t.co/TMGHJ29YrD #TradingSignals#ClimateFinance
Energy impact: After Hurricane Ida, 1.2M customers lost power for up to 10 days, costing utilities billions. The storm ended in 36 hrs. The downtime lasted weeks. π https://t.co/TMGHJ29YrD #EnergyResilience#HurricaneSeason
Fact: Hurricanes trigger an average 4x increase in material costs in affected regions within weeks. Timber, steel, concrete β all spike on strained supply chains. π https://t.co/TMGHJ29YrD #SupplyChain#Construction
In 2022, hurricanes caused $165B in damages in the US β but much of the loss wasnβt from wind. It was from downtime and delays. Thatβs the silent killer for projects. π https://t.co/TMGHJ29YrD #ClimateRisk#ProjectManagement
Did you know? The average US construction project loses 7β14 days of productivity per major hurricane. Schedules shift, costs spike, and winter overruns pile up. π https://t.co/TMGHJ29YrD #ConstructionRisk#HurricaneSeason
Guesswork β Risk modelling.
EHAB + @Oracle OPC lets planners simulate 80+ weather risks with 46 years of data for any location on planet earth..
Weβre showing how live next week.
π Sept 11, 4pm UK
https://t.co/XaeqNU8e14
#construction#projectcontrols#weathertech#weatherrisk
π¨ Europe issued 200+ official heatwave alerts this summer.
Thatβs not a one-off. Itβs the new baseline.
If youβre still treating extreme heat as βexceptional,β your business is just not ready.
#heatwave#resilience#weatherwise
Over 60 million people exposed to toxic smoke in July.
Work halted across Ontario + New York.
Air quality thresholds matter for health & productivity... do you track them?
#wildfire#airquality#canada#usa#ontario#manitoba#newyork