Analysis – Page 20
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Analysis
Could energy storage resolve grid volatility?
As power grids seek to adapt to the transition to renewable power generation, energy storage solutions, including battery storage, gas peaking plants and hydroelectricity, are touted as one solution to grid volatility
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Analysis
Top tips on managing construction delay risks
In complex, interconnected construction projects, delays can grow exponentially but the right mitigation strategies are out there if you know where to look.
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Analysis
No premiums, no play: the insurance behind the 2018 World Cup
One essential item needs to be in position for the 2018 World Cup – and it’s not the ball. Allianz Global Corporate & Specialty (AGCS) head of entertainment international, Michael Furtschegger tells StrategicRISK what the biggest risks are
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Analysis
The terrorism risk landscape is changing
Loss of attraction and non-damage business interruption protections are increasingly in demand from insurers, while companies are dusting off response policies and evacuation procedures against evolving terror threats
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Analysis
Intangible threats moving insurers closer to risk management
Marsh’s chief client officer Ailsa King said insurers will put more focus on risk mitigation efforts to cope with intangible risks
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Analysis
Cheaper covers if crisis plans in place
Insurers have told of the importance of a having plans in place to protect reputation
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Analysis
The role corporate culture plays in shifting risk management from operations to strategy
Risk management is at a turning point, pivoting from an operational to a strategic role. Corporate culture – the way risk is treated and the way we treat those involved in loss events – is critical to that change.
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Analysis
Supply chain disruption risk jumps for automotive sector
European automotive sector firms faced 379 supply chain disruption incidents last year, up from 268 in 2016, according to a report from insurance broker JLT
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Analysis
Wave of personal information requests predicted after GDPR
A study commissioned by Veritas said consumers are planning to request data, particularly from insurance companies
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Analysis
Start renewals talks early, Marsh warns
Big insured losses last year might not have the effect risk managers fear, according to Marsh, particularly if buyers begin renewals discussions early
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Analysis
Crisis management: what works and what doesn’t
Effective crisis management is much more than any written document or preordained policy. David Benyon reports
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Analysis
Five lessons learned from a warehouse fire
A risk manager at a European retailer shared with StrategicRISK five risk management and insurance lessons learned after a warehouse blaze
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Analysis
Natural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP
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Analysis
How to respond to a social media crisis
Reputational risk has been sharpened by social media, making crisis response even more vital. David Benyon reports
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Analysis
Parametric insurance: the future of risk transfer?
Parametric pay-outs could reduce the protection gap and help protect against climate change. Claudia De Meulemeester reports
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Analysis
Climate risk – business as usual impossible
Climate scientist professor Sir Brian Hoskins led a Norton Rose Fulbright debate held at Lloyd’s
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Analysis
Contagious malware cyber catastrophe in waiting – RMS
The risk modelling firm has developed its first probabilistic risk model for cyber-attacks, with contagious malware such as NotPetya a wildcard for future cyber catastrophes
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Analysis
Aon report: European winter storms cost likely $1bn+
Storm Emma and the frigid cold snap that hit Europe in February featured in Aon’s Global Catastrophe Recap report for February
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Analysis
Define data first, clean up second – Mazars
With Europe’s GDPR rules on information privacy inbound, Mazars is busy advising clients on their priorities to meet the compliance deadline
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Analysis
“Unsustainable” insurance pricing must rise – FM Global
The focus on cyber risk should not be at the expense of traditional risks, which have not gone away, thinks FM Global’s Le Dréau