Analysis – Page 3
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Analysis
Total Turkey quake losses will exceed $25 billion, says RMS
Catastrophe is a wake-up call for other earthquake-prone regions, with adherence to building codes essential for resilience
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Analysis
UK property cladding risk dataset launches
It will enable insurers to better understand the risks posed by flammable cladding on highrise buildings
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Analysis
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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Analysis
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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Türkiye quakes to cost an estimated $1 billion
Many structures in the affected region were not designed to withstand earthquakes, says USGS
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Turkey earthquake largest in 84 years
Tragedy is a reminder that resilience is the main defense against such powerful seismic events
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Analysis
Commercial insurance rates continue to moderate, says Marsh
Cyber rates continue to rise at slower pace; financial and professional rates fall for a second quarter
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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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Allianz Risk Barometer: Fallout from global crises dominates survey
Inflation, financial market volatility, a looming recession and the energy crisis are top risers for 2023
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Analysis
Royal Mail ‘cyber incident’ causes widespread disruption
Ransomware attacks have risen sharply since Russia’s 2022 invasion of Ukraine
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Recession to prompt rise in claims and disputes
Law firm cites climate change, ESG and cyber exclusions as key sources of concern for insurers
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Analysis
“Hopes of a Net Zero future are fading” - WEF Global Risks
We are heading towards ”a slower and more disorderly climate transition” as short-term crises take precedence
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Analysis
2022 nat cats set records with $270 billion in losses
Europe’s summer of extremes resulted in costly wildfires, hailstorms and business and trade disruption
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Analysis
Brazil protests draw comparisons to US Capitol riots
The storming of key government sites by Bolsonaro supporters, reconfirms the country’s political fractures
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Commercial insurance rate hikes continue
Insurance pricing rose by an average of 5.7% in 2022, the sixth consecutive year of rate increases
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Analysis
Winter storms cost insurers $4.2 billion in 2022 - CRESTA
Weather-related catastrophes again dominated insurance industry losses in 2022, with three major events in Europe
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Analysis
2023 to be one of Earth’s “hottest on record”
Mean temp rise up to 1.3°C above pre-industrial period as UK experiences its hottest year on record
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Analysis
Geopolitics to heighten travel and security risks in 2023
Some firms are poorly equipped to mitigate the risks posed to business assets and personnel, warns Healix
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Analysis
Where there’s a will, there’s a way
Highlights from the World@Risk Climate Change and ESG Forum
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Analysis
Democracy under fire in a third of countries
China and Saudi among the top ten highest risk countries; shows the “prominent role” of authoritarian regimes within the global economy