Fielding Norton, the new group chief enterprise risk officer at XL Catlin, has an extensive background in Earth and planetary science, and that has proven useful in his insurance industry career. Mr Norton joined the Bermuda Institute of Ocean Sciences in 1995 as it set up the Risk Prediction Initiative, a science and business partnership.

Richard Branson, one of the world’s most successful businessmen, will be involved “virtually” in next week’s Ocean Risk Summit in Bermuda.

Source: Bernews

Dr. Mark Guishard, program manager of the Risk Prediction Initiative (RPI) at BIOS, traveled to Ponte Vedra, Florida (U.S.A.) to participate in the 33rd Conference on Hurricanes and Tropical Meteorology this past April. Here are some of the take-home points from the annual science meeting, organized by the American Meteorological Society.

SOUTHAMPTON, Bermuda — Climate risks are directly connected to supply chain risks that should be identified and mitigated as extreme weather events continue to become more severe and intense and cause rising business interruption losses, experts say.

The world’s first Ocean Risk Summit held in Bermuda recently drew leaders from across political, economic, environmental and risk sectors to identify the potential exposures to ocean-related risk and tackle its broad-ranging consequences.

In a multi-national collaborative study published August 22, 2018 in Science Advances, climate simulations and subsequent analyses of tropical cyclone activity were led by the Commonwealth Scientific and Industrial Research Organization (CSIRO), the University of Melbourne and the Barcelona Supercomputing Center (BSC). Project leads used climate models to estimate the maximum number of tropical cyclones that might occur in the North Atlantic in the current climate.

Bermuda “dodged a bullet” by avoiding severe flooding when Hurricane Humberto hit the island, according to a leading meteorologist.

Hamilton, Bermuda (October 17, 2019)—Three-term New York City mayor, entrepreneur, philanthropist and global leader on climate change Michael R. Bloomberg will be the keynote guest at a half-day, thought-leadership forum presented by the Bermuda Tourism Authority (BTA) later this month in association with the Bermuda Institute of Ocean Sciences (BIOS) and the inaugural Bermuda Championship, an official PGA TOUR event.

Hamilton, Bermuda (October 31, 2019)—Michael Bloomberg joined Bermuda’s Premier David Burt and climate champions from science, business and government at the first Bermuda Climate Risk Forum highlighting policy and pathways to a cleaner environment.