Analysis – Page 11
-
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
-
AnalysisBrazil protests draw comparisons to US Capitol riots
The storming of key government sites by Bolsonaro supporters, reconfirms the country’s political fractures
-
AnalysisCommercial insurance rate hikes continue
Insurance pricing rose by an average of 5.7% in 2022, the sixth consecutive year of rate increases
-
AnalysisNearshoring is happening faster than expected
Apple, GM and Boeing lead the trend as US-based corporates source suppliers closer to home
-
AnalysisUK leads recession for the Eurozone in 2023
The UK economy is set to shrink by 0.9% compared to the Eurozone - which is predicted to shrink by 0.4% - Allianz Trade
-
AnalysisJennifer Santiago named RIMS 2023 President
Kevin Bates is named RIMS secretary and David Arick and Kristen Peed become vice president and treasurer respectively
-
AnalysisDirectors feel more confident as new year dawns
The IoD Directors’ Economic Confidence Index rose slightly, but remains low after three years of shocks
-
AnalysisFacebook’s Meta hit with hefty GDPR fines in 2022
EU businesses were fined over €830m for GDPR violations in 2022, with Meta paying over 80%
-
AnalysisWinter 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
-
Analysis2023 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
-
AnalysisOnly 20% of firms feel prepared for supply chain disruptions - study
Socio-economic changes and shifting consumer demands are among some of the challenges facing organisations
-
AnalysisUK’s Pool Re welcomes new duty of care Law
Locations with a capacity of 800 or over will require a risk assessment and implementation of a security plan
-
AnalysisAGCS launches dedicated ESG division
Gabrielle Durisch will join from Zurich Insurance Group in April 2023 as global head of ESG & Sustainability Solutions
-
AnalysisRIMS President applauds profession’s role during COVID
The pandemic showed the world what type of leaders risk professionals truly are, says Patrick Sterling
-
AnalysisNuclear verdicts show no sign of slowing
Drivers include rising corporate mistrust, growth in litigation funding and fake advertising
-
AnalysisUnderinsured or underinformed?
Increasing numbers of business owners are underinsured for their commercial property – but is this a deliberate decision?
-
AnalysisInsurer targeted over controversial Adani coal project
Activists received a tip-off that Probitas1492 is insuring the Adani Carmichael’s thermal coal project rail line, haulage operation and port
-
AnalysisESG presents ‘significant exposure’ for D&Os
Fallout from a global recession, lax cyber security and an uptick in litigation are other key risk drivers for 2023
-
AnalysisDemand for contract frustration grows as economy deteriorates
Cost of insurance against defaults on sovereign debt jumps by 102% as corporates also seek cover for cancelled contracts
-
Analysis2023 a “gamechanger” for European class actions
New EU directive will make it easier for individuals to take part in collective redress actions, warns Clyde & Co
