Analysis – Page 2
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Analysis
AXA XL identifies seven sectors most exposed to water risks
The cost to businesses of inaction is five times higher than the cost of action
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Analysis
Summer 2022 heatwave saw surge in subsidence payouts
UK insurers are expected to pay £219m in subsidence claims, caused by last summer’s ’record breaking high temperatures’, says ABI
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Analysis
2022 global nat cat claims breach $100 billion
In Europe, winterstorms Eunice, Dudley, Franklin triggered losses of over $4 billion, while France saw claims of $5 billion from hailstorms
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Analysis
Global warming likely to overshoot 1.5C by 2030s, warns IPCC
Changes in the food sector, electricity, transport, industry, buildings and land-use can reduce greenhouse gas emissions
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Analysis
Directors warned ESG litigation set to snowball
One of the most high profile ongoing cases is the ClientEarth case against 13 directors of energy giant Shell
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Analysis
EU cracks down on companies suspected of greenwashing
Companies must comply with a new legal framework or face ‘proportionate’ penalties
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Analysis
Interest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk
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Analysis
Climate litigation becoming a corporate threat – Kennedys
Climate action group ClientEarth has taken energy giant Shell to the UK’s High Court
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Analysis
Global freeze map will help with business continuity
Freeze risk regularly impacts equipment and infrastructure which is often hidden and enclosed within a building
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Analysis
Risk Benchmarking Survey 2023: Great expectations
After three years of global shocks and turmoil, senior managers are more engaged than ever in risk management
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Analysis
Business outlook brightens despite geopolitical fears
Worries over further severe energy market disruption have eased at the same time as China’s Covid reopening - risk survey
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Analysis
Global nat cat losses surpassed $313 billion in 2022 - Aon
Windstorm Eunice was the costliest individual European windstorm since 2010, with droughts also causing severe impacts
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Analysis
Ferma urges Swedish Presidency to address cyber protection gap
Risk association calls for focus on cyber and sustainability protection gap to bolster EU competitiveness
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Analysis
How short-term challenges are impacting the net-zero transition
Charles Sincock explains how global risks are altering our journey to net zero and what this means for businesses
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Analysis
Zurich teams up with South Pole to support clients’ net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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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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Analysis
UK’s Net Zero Review calls for business incentives
Firms must be encouraged to invest in decarbonisation, says review, as IoD asks for leadership from government
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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
Cost of living crisis tops WEF Global Risks 2023
Geopolitical rivalries and inward-looking stances will heighten economic constraints going forward
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Analysis
“Hopes of a Net Zero future are fading” - WEF Global Risks
We are heading towards ”a slower and more disorderly climate transition” as short-term crises take precedence