The superstorms and wildfires of 2017 cost the US $306 billion.
As the temperatures of the oceans rise, the increasing temperatures will increase how strong hurricanes can become.
As global temperatures continue to rise, things will get more costly.
The new normal?
There are proactive steps you can take to protect and enhance the value of your tangible assets.
See: “Billion-Dollar Storms: Is This the New Normal?” | Deborah Acosta, The New York Times, 29 January 2018
#art #artmarket #collections #collectionsmanagement #artrisk #insurance #insurancerisk #realestate #commercialrealestate #culturalrealestate #realestaterisk #GRESB #GlobalRealEstateSustainabilityBenchmarks #climaterisk #financialrisk #CO2 #resilience #luxury #smartluxury