The 2024 hurricane season has started unusually early. It's crucial for businesses to proactively manage business risks to mitigate potential financial impacts of disruptive business events like a major hurricane.

Over the next decade, the sector’s contribution to the global economy is expected to grow at an average annual rate of 5.8 percent – more than double the 2.7 percent average annual growth rate previously recorded.

The 2024 hurricane season has started unusually early with Hurricane Beryl, a record-setting Category 5 hurricane, signaling a rapid shift to a more active La Niña phase this year. It's crucial for businesses to proactively manage business risks to mitigate potential financial impacts of disruptive business events like a major hurricanes.