… effect on the supply of health tourism. Damage to tourism infrastructures and business interruptions Extreme weather events such as heavy rain, storms, storm … types in Germany. In coastal regions, strong storms and storm surges can lead to business interruptions as well as damage to port and beach infrastructures, beach …

… of the prevailing agricultural policy, as well as market conditions and individual business decisions. The fact that climate change is relevant to agriculture is … that hailstorms did not hit agricultural crops. It may also be due to agricultural businesses having taken protective measures – such as installing hailstone …

… With regard to individual management operations for crop cultivation, agricultural businesses respond by scheduling these tasks according to changing weather patterns. … changes in seasonal weather patterns associated with climate change, agricultural businesses are forced to adapt their management planning accordingly. The most …

… tourism, river-based types of tourism, city and cultural vacations as well as business trips. The structure of the tourism sector is characterised by small and medium-sized businesses. It comprises accommodation and catering businesses, travel agencies, …

… yield losses mentioned above can sometimes be much more severe. Many agricultural businesses struggled to survive. The businesses affected obtained financial support …

… and confronts some companies with major challenges. Owing to climate change, their business activities are exposed to a variety of risks. Temporary or … to be exposed more strongly to physical climate risks than for instance software businesses. There are other studies, however, which have worked with larger data …

… Financial services providers have to assess the risks associated with their business activities. Source: PaeGAG / stock.adobe.com 2023 Monitoring Report on the … providers have a realistic perception of the climate risks associated with their business activities. Of the 27 financial services providers – voluntarily filing …

… insurance In general, homeowners’ comprehensive insurance is a less profitable business for insurance companies. After price responses to increasing amounts of … insurance. Where the ratio exceeds 100 %, this signifies that this is a loss-making business for the insurance company. In the segment of homeowners’ comprehensive …

… Adaptation: Field of action finance and insurance sector Climate change affects the business risks of insurers and credit institutions. Source: checka/photocase.com Climate change increases the business risk of banks and insurance companies. With the help of active management, …

… to changed weather conditions; this requires agricultural and horticultural businesses to respond flexibly and with the utmost speed in order to get plant … control. Precautionary measures have become ever more important for agricultural businesses in order to ensure that crops are healthy and sufficiently resilient to …