Analysis – Page 4
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Analysis
Supply chains have not fully recovered from disruptions
A shortage of skilled labour is a compounding concern within construction, manufacturing and healthcare
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Analysis
Business leaders caught in “onslaught of interconnected risks”
Economic concerns top Aviva’s risk index, as net business confidence in the UK economy plummets
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Emerging 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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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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Analysis
Fintech 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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Analysis
Recession 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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Analysis
Banking 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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Green transition creates $10.3 trillion ‘commercial prize’
Green industries - and their vast supply chains - offers substantial opportunities for those who move fastest
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Nearshoring is happening faster than expected
Apple, GM and Boeing lead the trend as US-based corporates source suppliers closer to home
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Analysis
UK 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
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Analysis
Directors feel more confident as new year dawns
The IoD Directors’ Economic Confidence Index rose slightly, but remains low after three years of shocks
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Analysis
UK’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
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Nuclear verdicts show no sign of slowing
Drivers include rising corporate mistrust, growth in litigation funding and fake advertising
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ESG 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
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2023 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
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Analysis
Geopolitics to heighten travel and security risks in 2023
Some firms are poorly equipped to mitigate the risks posed to business assets and personnel, warns Healix
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Analysis
Two thirds of SMEs are ‘fighting for survival’ - WEF
Business leaders mention low margins, issues around growth, and clients/consumers as the main pressure points
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Analysis
FCA fines Julius Baer £18m over ‘corrupt relationship’
Regulator bans senior executives after the bank’s ”improper” deal with an employee at a bankrupt Russian oil group
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IoD: Impending recession now part of British business mindset
Directors’ Economic Confidence Index has falled to its second lowest figure on record
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Analysis
SR Q4 2022: Thriving or surviving?
As we approach year-end, it is clear 2022 has offered no reprieve from shocks and cascading risks