Analysis – Page 40
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AnalysisFM Global releases earthquake map
The Netherlands, France, Switzerland, Italy have all seen above-average movement to higher risk zones
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AnalysisCloud dependency brings systemic risk potential
During the last six months, Amazon, Google and Microsoft Azure have all experienced significant service outages - CyberCube
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AnalysisTerror risk grows as lockdown eases
Public transport and facilities remain an attractive target for terrorists as passengers return, warns Pool Re
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AnalysisCyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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AnalysisPhysical climate risk to test limits of diversification - Fitch
Companies with strong internal coordination and contingency planning will be better placed to respond to climate shocks
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AnalysisHiscox cyber study suggests complacency
German firms were hardest hit by cyber attacks and ransomware is now commonplace, with one in six firms targeted
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AnalysisSemiconductor shortage disrupts supply chains
Scarcity is expected to be short-lived but will cause problems for sectors including electronics and motor, according to Oxford Economics
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AnalysisWTW launches climate transition risk framework
New tool will assess companies’ transition plans to a low-carbon economy and ensure firms can continue to access insurance
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AnalysisLessons in risk from the Boeing 737 MAX disasters
Myriad failures that contributed to the 737 MAX crashes revealed “systemic shortcomings” in Boeing’s ability to manage risk - Arthur D Little
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AnalysisCOVID-19 continues to test supply chains
Pandemic is exacerbating trends such as cargo crime, man-made disruptions, and political protests, which all threaten supply chain resilience in 2021
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AnalysisFERMA welcomes ‘Open Insurance’ initiative
A more transparent commercial insurance market will have “tremendous value” for risk and insurance managers
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AnalysisGeneva Association urges action on pandemic backstop
Governments must take on role of insurer-of-last-resort in future pandemic risk solutions, finds thinktank
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AnalysisFinancial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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AnalysisSedgwick in flood resilience push
A combination of recoverable and resistant measures for properties could avoid the high cost for future floods
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AnalysisGovernments most targeted by ransomware attacks
The government sector was most affected by ransomware attacks in 2020, followed by banking and manufacturing
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AnalysisLessons from the Super League fiasco
The backlash against the Super League is a “perfect example” of how to destroy trust and reputation in the blink of an eye - BCI
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AnalysisFERMA welcomes EU sustainability reporting proposal
FERMA calls on the Commission to employ corporate language in its standard, referring to enterprise risk management
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AnalysisGlobal climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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AnalysisRansomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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AnalysisRisk sector must embrace new skills
Airmic’s new CEO Julia Graham on her priorities for 2021 and the association’s plans to host a physical conference in Brighton in October
