Analysis – Page 8
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Analysis
Interest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk
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Analysis
Remote cyber attack shuts down Spanish hospital
The attack on the Hospital Clinic de Barcelona was orchestrated from outside of Spain by a group called RansomHouse
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Credit Suisse displayed risk management “deficiencies” over Greensill, says regulator
FINMA has opened proceedings against four managers as it orders the bank to improve its controls
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Climate litigation becoming a corporate threat – Kennedys
Climate action group ClientEarth has taken energy giant Shell to the UK’s High Court
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Analysis
Supply chain risks remain underinsured despite demand for cover
Companies are redesigning supply chains, but BI insurance protection remains a “wafer-thin patchwork”, finds WTW
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Analysis
Captives hailed as hard market solution for cyber, D&O
Captives provide much-needed capacity as traditional carriers reduce limits, increase exclusions, and/or increase pricing
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Analysis
Firms take stock after one year of Russian sanctions
There are many lessons to be learned from the rollout of the sanctions and ensuing compliance efforts
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Analysis
AGCS outlines five risk drivers of political violence
Civil unrest risks has risen substantially, causing billions of dollars in property damage and business interruption
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The Russian invasion of Ukraine: One year on
Lessons learnt include the need for more robust crisis management and better contingencies
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Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Analysis
Brit increases cyber consortium capacity by 50%
Product is designed to protect clients from the impact of physical damage arising from cyber-attacks
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Analysis
National Grid spends £4 billion avoiding winter blackouts
The record spending highlights the need for more stable forms of power, with nuclear and renewable sources mooted
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Analysis
Risk management essential to future-proofing supply chains
Businesses need a better understanding of multi-tier supply chains to limit the impact of disruption, says Chubb
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Analysis
Global freeze map will help with business continuity
Freeze risk regularly impacts equipment and infrastructure which is often hidden and enclosed within a building
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Russia-Ukraine conflict: At a crossroads
Both sides appear to be gearing up for a long, attritional war, with consequences on both sides
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Supply chains: Building slack into the system
How do you manage supply chain risk effectively in a world of constant disruption?
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Turkey earthquakes: Port fires impact $679m of global trade
Damage at Iskenderun is a reminder that ’a single point of failure’ can ripple across supply chains - Russell Group
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Analysis
AI: Friend or foe for risk managers?
AI brings the promise of progress and threat of disorder, as the launch of ChatGPT demonstrates
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Analysis
Insurers back pandemic research initiative
Projects could help build societal resilience and reduce the long-term costs of future risks
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Risk Benchmarking Survey 2023: Great expectations
After three years of global shocks and turmoil, senior managers are more engaged than ever in risk management