Analysis – Page 22
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AnalysisCOVID-19: Political and economic outlook deteriorates
The COVID-19 pandemic’s economic and social impacts are driving significant shifts in global political risk - Marsh JLT Specialty
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AnalysisLong-term governance failures caused Beirut blast
Governmental shortcomings were to blame for the explosion in Lebanon, according to risk experts, who say lessons can be learned from the incident
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AnalysisEmerging markets face “unparalleled” civil unrest
The outlook is also negative for the US, which is now the 48th riskiest jurisdiction globally - Verisk Maplecroft
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AnalysisCOVID-19: Construction insurance rates harden
In Europe, rate increases from previous months have been aggravated due to the consequences of COVID-19
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AnalysisTwitter hack exposes potential for reputational harm
The confluence of COVID-19 and advanced social engineering techniques poses a growing threat - CyberCube
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AnalysisShipping losses at record low
Consequences of coronavirus and a sustained economic downturn could however threaten long-term safety improvement
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AnalysisCybercrime to cost global economy $6 trillion by 2021
UK, Germany and France among the countries most targeted by significant cyber attacks between 2006 and 2020 - Specops
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AnalysisSocieties ill-prepared for COVID-crisis - Swiss Re
Swiss Re Institute’s 2020 SONAR report says there is an opportunity for the pandemic to prompt a more sustainable future
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AnalysisUS riots a “catastrophe” event - PCS
The riots have become the first PCS-designated riot catastrophe event covering more than one state
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AnalysisEmerging security challenges as lockdown lifts
Locations previously considered low security risk could experience social unrest and anti-government sentiment - International SOS
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AnalysisPandemic risk act enters US Congress
Like the Terrorism Risk Insurance Act (TRIA), federal government would serve as a backstop to maintain marketplace stability
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AnalysisFM Global launches 2020 update to Resilience Index
“When recovering after a crisis like COVID-19, resilience should be a key consideration for people, countries and businesses”
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AnalysisWEF launches COVID-19 Risks Outlook
Economic distress and social discontent will rise unless world leaders, businesses and policymakers work together to manage pandemic fallout, warns WEF
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AnalysisDon’t damage trust, Airmic warns insurers
Insurers can “either interpret ambiguous contract wordings with their balance sheet in mind, or they can act as partners to long-standing customers”
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AnalysisPandemic heightens terror risk - Pool Re
States weakened by the serious economic consequences of the pandemic will be more vulnerable to the emergence/resurgence of terrorist groups
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AnalysisInsurers on the hook for up to $80 billion in COVID claims
Total claims could exceed those of 9/11, underscoring the need for a government backstop - Willis Towers Watson
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AnalysisCOVID-19 will “enhance protectionism” - Control Risks
Companies will be pressured to ‘onshore’ their supply chains, predicts Charles Hecker
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AnalysisAirmic welcomes pandemic steering group
“It’s really important we learn the insurance lessons of the current pandemic” - John Ludlow
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AnalysisUK insurers set up pandemic steering group
The move has invited criticism; Mactavish says the ”sector has failed in its response to coronavirus”
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Analysis80% of boards unprepared for COVID-19 - EY
Just a fifth surveyed before pandemic said firms were ’very prepared to respond to an adverse risk event’
