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WEATHER AND NATURAL CATASTROPHES

Bushfire

Bushfires cause billions of dollars in damages each year, burning through acres of property and natural wildlife to disrupt and endanger day-to-day life for homeowners and businesses, while putting many first responders at great risk.

In recent years, bushfires have increased in both frequency and severity as a result of rapid climate change, prolonged droughts, and extreme storm events. 

For individuals, businesses, and organisations located in high-risk areas, it's important to take preventative measures to protect what matters most. These steps may include fully assessing the potential physical and economic impacts of a bushfire, deploying specialised building features, creating evacuation and crisis plans, and developing the right portfolio of insurance coverage to effectively support the process of recovery and reconstruction.

The Global Risks Report

The top risks for 2024 and beyond. Data and insights from more than 1,400 global experts and leaders.