Analysis – Page 9
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Analysis
Geopolitical risk reaches a 5-year peak
The conflict in Ukraine was the main driver of risk in 2022 with rising inflation sparking discontent further afield
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Analysis
IoD: Directors’ confidence bounces back in January
This is the most positive level recorded since Russia’s invasion of Ukraine
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UK poised to finalise ‘failure to prevent fraud’ offence
New laws will target firms which lack adequate procedures to prevent fraud, false accounting, and money laundering
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UK insolvencies rise as Flybe and Paperchase collapse
Insolvencies to hit new highs over the coming months as supply chain woes tip the balance
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Business outlook brightens despite geopolitical fears
Worries over further severe energy market disruption have eased at the same time as China’s Covid reopening - risk survey
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Analysis
Global nat cat losses surpassed $313 billion in 2022 - Aon
Windstorm Eunice was the costliest individual European windstorm since 2010, with droughts also causing severe impacts
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Analysis
Ferma urges Swedish Presidency to address cyber protection gap
Risk association calls for focus on cyber and sustainability protection gap to bolster EU competitiveness
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How short-term challenges are impacting the net-zero transition
Charles Sincock explains how global risks are altering our journey to net zero and what this means for businesses
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Analysis
Zurich teams up with South Pole to support clients’ net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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Analysis
Swiss Re CorSo promotes CRO Arquint to EMEA CEO
She replaces Fred Kleiterp, who is leaving the company to become European general manager at Beazley
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Analysis
Governments are boosting domestic supply chains - BSI
New regulations emphasise financial sustainability as firms grapple with trade disruption and inflation
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Analysis
Supply chains have not fully recovered from disruptions
A shortage of skilled labour is a compounding concern within construction, manufacturing and healthcare
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Business leaders caught in “onslaught of interconnected risks”
Economic concerns top Aviva’s risk index, as net business confidence in the UK economy plummets
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Analysis
EU introduces raft of cyber legislation amid ‘red tape’ warnings
Latest ransomware victims include a German children’s food manufacturer and a global Tier1 automotive supplier
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Renewable energy sector faces ‘new trilemma’
Unsettled macroeconomics, energy demand and net zero pressures are escalating risk management and ESG as key issues
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Analysis
Emerging risk must be the responsibility of all
Insurance sector must ‘stay curious and think ahead’ to cope with emerging risks, rather than simply passing the buck to other industries
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Analysis
Financial services firms lack responsible AI strategies - study
71% of organisations state that AI ethics and responsible AI are not a core part of their operational strategies
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Analysis
‘Green shoots’ as insurance pricing begins to soften - Airmic
The pace of increase in directors’ and officers’ liability insurance premium rates is slowing
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Analysis
Fintech Revolut appoints team to adjust culture
The company has confirmed it is in the process of updating its culture and value statement
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Analysis
IoT explosion presents massive (and growing) cyber exposure
Just 4% of experts worldwide are “confident” that connected devices are properly secure, warns WEF