Analysis – Page 4
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Analysis
IDF calls for ‘convergence’ of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”
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Analysis
RIMS supports proposals for US cyber insurance backstop
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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Analysis
Inflation drives up cost of vessel, cargo repairs
The rising prices of steel, spare parts and labour are all factors in the increasing cost of hull repair and machinery breakdown claims
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Analysis
Putin’s legacy: A new era of geopolitical volatility
Global stability is ”unravelling” as we approach 2023 and will see significant flashpoints in Europe and over Taiwan - Dragonfly
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Analysis
COP27: ‘Climate change is a risk management problem on a global scale’
Businesses must plan for low-likelihood, high-severity risks and adapt quicker to avoid ’ruin scenario’, urges report
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COP27: Time to confront a warming Europe
Temperatures in Europe have increased at over twice the global average over the past 30 years - WMO
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Analysis
COP27: Egypt moots catastrophe pool to build climate resilience
Ahead of COP27, insurance industry experts gathered to discuss innovative approaches to transferring catastrophic risk
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COP27: ‘Tangible progress’ essential to close climate finance gap
The impacts of climate change can be seen around the world in 2022, at a growing cost burden
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Analysis
Surface flood risk to rise in 80% of European countries
Mainland Europe could see a 23% increase in surface water loss by mid century as a result of climate change - JBA
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Analysis
Global commercial insurance rates up 6% in Q3 - Marsh
Globally, cyber insurance pricing increased 53% in Q3, with hikes of 66% in the UK
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Analysis
Extreme climate losses 30x more likely at exposed premises
Research from FM Global shines a light on the vulnerability of commercial properties which lack resilience
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Analysis
Ferma: How supply chains became a strategic risk
Recent shocks mean that supply chain risk management is no longer an operational issue - Ferma workshop
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Flood Re’s resilience scheme offers substantial dividend - JBA
The take up of Property Flood Resilience could have a major impact on projected flood losses in the UK
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RIMS calls for long-term extension of NFIP
As Florida reels from Hurricane Ian, the US flood insurance program receives a brief reprieve
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Inflation a major wildcard for Florida recovery - RMS
’Wind versus water’ claims disputes to arise post Ian, with full recovery likely to “take years”
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Hurricane Ian disrupts global supply chains
Tampa has the largest port in Florida and disruptions to its operations could exacerbate supply bottlenecks
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Hurricane Ian barrels across the Florida peninsula
Over two million people are without power after the 5th most powerful storm in US history slammed into southwest Florida
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Tool measures ‘resilience dividend’ of critical infrastructure
Approach from Mott MacDonald and the Coalition for Climate Resilient Investment will attract investment adaptation
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Analysis
Study exposes ‘blind spots’ in risk preparations at sports stadiums
Ahead of the World Cup, a research paper highlights common causes of severity loss and key risk management lessons
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Analysis
The end of globalisation is nigh, warns Russell Group
Industry must brace for profound changes ahead as economies shift away from globalisation after three decades