Get latest articles and stories on World at LatestLY. Oxford/ When Storm Isha hit Northern Ireland and northern Britain in January 2024, wind gusts of almost 100mph caused widespread damage to property. This strong extra-tropical cyclone also influenced both the insurance and energy sectors. Isha resulted in damages which required the insurance industry to pay out approximately 500 million euros (427 million pounds). World News | How Extreme Weather Will Affect the Insurance and Energy Sectors.