Analysis – Page 23
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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’
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AnalysisFERMA: Pandemic risk pools will provide future financial resilience
France’s CCR, Spain’s Consorcio, UK’s Pool Re and Germany’s Extremus scheme offer possible models
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AnalysisFERMA supports creation of pandemic risk pools
Federation calls on brokers and insurers for flexibility during coronavirus crisis
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AnalysisWTW launches COVID-19 tracking tool
Willis Towers Watson has updated its Global Peril Diagnostic modelling tool to provide up-to-date information on confirmed global COVID-19 cases alongside clients’ property portfolios.
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AnalysisThe lessons for risk managers from the greatest risk events of 2019
2019 was another eventful year in the risk calendar with major incidents occurring around the globe and caused both by man and nature. The risks faced by organisations continue to multiply and evolve so here we look at some of the significant events of last year and highlight the key ...
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AnalysisThree emerging risks facing renewable energy companies
Risk managers working in the renewables sector must face up to the ever growing risks presented by geopolitics, climate change and cyber interruption.
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AnalysisReflecting on five years at the helm of AMRAE
As Brigitte Bouquot enters her last six months as president of Amrae, StrategicRISK caught up with her to find out how risk management has changed in the five years she’s been in office and what she thinks lies ahead
