Secondary perils like storms are driving earnings volatility for utilities

Severe convective storms and other secondary perils are becoming primary drivers of financial risk for natural resource companies, shifting focus from rare, catastrophic events to frequent, prolonged disruptions.

First covered Aug 31, 2026 · 2:00 AM PT · 1 article · no longer in the live window

Coverage

26d Utility Dive Property risk in natural resources: The shift from severity to duration — Secondary perils, such as severe convective storms, are becoming a primary driver of earnings volatility.

More coverage from around the web

moodys.com Earnings perils: Redefining the risks that matter

cisl.cam.ac.uk Modelling it all: Secondary Perils in a warming world

insurancebusinessmag.com US cat losses surge as 'secondary perils' dominate - Moody's

carriermanagement.com Severe Convective Storm Losses Surge - Carrier Management

s7risk.com The Growing Impact of Secondary Perils: Protecting Your Business from Severe Convective Storms

Appeared in: 2026-08-31 (#10)

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