Analysis – Page 36
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AnalysisCOVID prompts supply chain ‘overhaul’
Automotive industry has taken the strongest hit as a result of production stoppages and trade restrictions - EIU
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AnalysisRecall rates remained high in Q2 - Sedgwick
Corporates with global supply chains and a heavy reliance on efficient manufacturing are feeling the brunt
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AnalysisSupply chain woes hit UK firms
Manufacturing and hospitality are some of the sectors impacted by post-Brexit supply chain issues
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AnalysisCovid-19 drives losses of £2bn for Lloyd’s
’Financial pressures will continue to affect businesses’ as economies emerge from the pandemic - Insurance DataLab
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Analysis2021 on target for economic growth of 6.2% - Atradius
Pace of recovery is “generally surprising” among advanced markets, but new COVID variants pose a threat
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AnalysisEuropean flood claims could reach €6.5 billion - RMS
Germany is the dominant contributor of loss to the event with about 70 percent of the total loss, followed by Belgium with about 25 percent
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AnalysisBoards sharpen focus on external risks - McKinsey
Directors seeking to identify risks that can “test a company’s resilience”, including political risk and the climate crisis
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AnalysisLosses of $25 billion expected from July floods
Catastrophic damage in Western Germany is expected to be Europe’s most costly weather event on record - Impact Forecasting
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AnalysisThe reinvention of supply chains
Near shoring and technology will shape the post-COVID supply chain, thinks AXA XL’s Pascal Matthey
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AnalysisPort closure signals further strain for global trade
Partial closure at China’s Port Ningbo adds to global supply chain woes, threatening $172 billion of goods - Russell Group
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AnalysisNat cats cost $77 billion in 1H
Insured losses are the second highest on record for a first half as climate change results in greater weather extremes - Swiss Re sigma
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AnalysisUS banks vulnerable to systemic cyber attack
Tail events from a systemic cyber risk event caused by a ’single point of failure’ could be “material”, warns Fitch
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AnalysisFlood exposures up by 24% since 2000
Population at risk of extreme flood is ten times higher than previously thought, finds WRN partner Cloud to Street
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AnalysisSustainable procurement intrinsic to robust supply chains
Sustainability initiatives ensured 63% of buyers and 71% of suppliers were stronger through the pandemic - survey
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AnalysisIPCC: Prioritise adaptation and resilience
New report is “code red for humanity” with many climate change effects now “irreversible”
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AnalysisRansomware payments surge by 82%
Latest Unit 42 figures confirm the ransomware crisis continues to intensify, with the rise of quadruple extortion
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AnalysisAlmost half of food recalls avoidable - RQA
A large majority of recalls emanate from packaging mistakes, which are costly, reputationally damaging and avoidable
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AnalysisRepTrak: High correlation between ESG and trust
Corporate transparency and accountability are now an expectation, finds corporate activism study
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AnalysisAGCS: Bigger ships, bigger exposures
Suez Canal incident shows ever-increasing vessel sizes exacerbates marine and supply chain risks
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AnalysisCOVID continues to fuel political unrest - Aon
Extremists and activists from across the spectrum are evolving their narratives, finds 2021 Risk Map
