Analysis – Page 10
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AnalysisEmerging 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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AnalysisFinancial 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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AnalysisFintech 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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AnalysisLuke Carrivick appointed executive director of ORX
He replaces Simon Wills, who is stepping down after 18 years’ service in the role
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AnalysisAllianz 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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AnalysisDavos: Pressures on food, energy and inflation may be peaking
But growth prospects remain “bleak” in Europe and geopolitical tensions will continue to shape the global economy
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AnalysisRoyal Mail ‘cyber incident’ causes widespread disruption
Ransomware attacks have risen sharply since Russia’s 2022 invasion of Ukraine
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AnalysisDemand for BII shoots up after COVID test cases
Insurance class to see a period of “growth and stability”, but appetite for pandemic cover remains muted
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AnalysisUK’s Net Zero Review calls for business incentives
Firms must be encouraged to invest in decarbonisation, says review, as IoD asks for leadership from government
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AnalysisRecession 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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AnalysisCost of living crisis triggers a “pandemic of fraud”
The imminent recession is acting as a ’breeding ground for fraudulent claims’ - survey
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AnalysisChartered IIA appoints Anne Kiem OBE as CEO
The need for professional internal auditors has never been more important, says Kiem
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AnalysisBanking CROs face ‘torrent of interwoven complexities’
Cybersecurity is the main risk globally for three out of four banking CROs, while geopolitics tops concerns for those in Europe
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AnalysisCost of living crisis tops WEF Global Risks 2023
Geopolitical rivalries and inward-looking stances will heighten economic constraints going forward
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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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AnalysisRegulators to clamp down on greenwashing
Greenwashing allegations are becoming more common, and this trend is expected to accelerate, warns Clyde & Co
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Analysis2022 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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AnalysisBrazil 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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AnalysisCommercial insurance rate hikes continue
Insurance pricing rose by an average of 5.7% in 2022, the sixth consecutive year of rate increases
