Analysis – Page 16
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AnalysisShipping losses at record low
Consequences of coronavirus and a sustained economic downturn could however threaten long-term safety improvement
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AnalysisEurope counts cost of severe June thunderstorms
Total economic losses from severe storms in Central Europe are likely to approach or exceed $100 million - Impact Forecasting
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AnalysisParametric products can assist climate resilience - CCRI
Today’s “wealth of data” can be used to construct risk transfer products for extreme weather - Nephila’s Barney Schauble
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AnalysisIndustry leaders call for ‘resilient’ recovery
COVID-19 offers ”a unique opportunity” to ensure that climate risk is embedded in stimulus plans - CCRI
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AnalysisHow insurability hinges on disaster mitigation
Global warming is just one factor provoking the rise in natural disasters. If we want to avoid ‘no coverage’ regions, we must invest in risk mitigation
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AnalysisThe importance of measuring the 'resilience dividend'
Zurich shares new risk management lessons from disaster events to help businesses become more resilient
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AnalysisThe next massive tail risk
There is a one-in-three chance that at least one of four major tail risks will occur within the next decade, warns Deutsche Bank Thematic Research
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AnalysisFirms unprepared for climate risks - survey
Global CEOs and CFOs feel they have a lack of control over climate risk, even as 80% feel they should be held accountable, finds FM Global
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AnalysisZurich expands climate resilience team
“Risk management tools that can help businesses quantify the impact of climate change are high in demand”
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AnalysisGrowth of electric cars brings host of new risks
More complex and costly repairs; new fire and cyber threats and potential recalls are among the new exposures - AGCS
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AnalysisManufacturers urged to improve system maintenance - TFS
Proactive measures can mitigate the risk of plant fire and explosion, associated with the operation of thermal fluid systems
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AnalysisUS riots a “catastrophe” event - PCS
The riots have become the first PCS-designated riot catastrophe event covering more than one state
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AnalysisIdle vessels face new risks, Allianz warns
Increasing disruption and economic pressures caused by the pandemic has serious risk management implications for the maritime community
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AnalysisFM Global launches 2020 update to Resilience Index
“When recovering after a crisis like COVID-19, resilience should be a key consideration for people, countries and businesses”
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AnalysisDon’t damage trust, Airmic warns insurers
Insurers can “either interpret ambiguous contract wordings with their balance sheet in mind, or they can act as partners to long-standing customers”
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AnalysisEnergy sector loss severity is growing
Global energy firms need to address the changing risks of older refineries and petrochemical plants - Marsh
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AnalysisFERMA launches non-damage BI taskforce
Aim is to find a solution that provides cover for non-damage BI for all types of catastrophe risks, not just pandemic
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AnalysisRestart facilities with care - AGCS
20% to 30% of AGCS fire claims are related to the condition of electrical equipment and installations
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AnalysisHow to avoid restart risks
Pre-start up safety reviews can help reduce losses when idle facilities are put back into operation - Swiss Re Corporate Solutions
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AnalysisCOVID-19 heightens risks for cargo shippers and transport firms
Damaged goods already account for more than one in five marine insurance industry claims - Allianz
