Analysis – Page 6
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AnalysisPower sector faces rising rates amid volatile risk landscape
Power insurance market will harden further due to constrained capacity and a ‘disappointing’ loss record - WTW
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AnalysisIoD urges UK government to speed up net zero transition
Calls for tax incentives to support the business transition and reduce dependency on fossil fuels
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AnalysisInsuring the transition
The industry has a ‘once in a lifetime’ chance to support the transition to Net Zero. So what are we waiting for?
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AnalysisUK subsidence claims rise by up to 500%
The summer’s extreme heat is to blame for a surge of subsidence claims in more drought-prone parts of the country
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AnalysisInsurance facility launches to cover green and blue hydrogen project risks
Investment in green and blue hydrogen initiatives is estimated to exceed $150 billion by 2025
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AnalysisAs wildfires rage, firms urged to prepare contingencies
Top business continuity and safety considerations include need for stand-fast alternatives and financial constraints
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AnalysisFM Global offers policyholders $300m resilience credit
The credit will be applied as a 5% premium offset against policies with renewals between 1 October 2022 and 30 September 2023
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AnalysisEffects of climate change evident in H1 cat events
The record-high temperatures in many parts of Europe is expected to drive further losses caused by droughts and wildfires
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AnalysisEurope counts cost of extreme heat, drought and wildfires
In many parts of Europe, human-caused climate change has resulted in annual average temperatures rising by more than 1.5°C - Munich Re
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AnalysisGlobal energy transition fuels international rivalries
While energy insecurity has sped up the transition in Europe, it has pushed some Asian countries to rely more on fossil fuels, warns Verisk Maplecroft
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AnalysisJBA issues stark UK flood warning
Cost of severe flood events could rise by up to 42% by 2050 due to climate change
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AnalysisWorld ‘unprepared’ for magnitude of cascading climate risks
As the intensity of heatwaves, storms and floods speeds up, so do the time horizons for rising global instability, warns Maplecroft
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AnalysisEuropean storms drive 1H catastrophe losses - Aon
First-half Severe Convective Storm (SCS) losses in Europe exceeded $5 billion for the second year in a row
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AnalysisGermany at severe risk of flood as temperatures rise
A quarter of the world’s power generation capacity and 26% of international port outflows are currently at risk of flooding, finds Marsh McLennan
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AnalysisEuropean wildfires rise 75% YOY
As wildfires have only recently been considered a material peril, the modelling is not as developed
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AnalysisSupply disruption rises as Rhine levels fall
Water levels are at their lowest for the time of year since 2007, limiting the commodities that barges can carry
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AnalysisInsurers adapt underwriting to better price climate risks
Conduct risks such as ‘greenwashing’ stand to be major source of environmental liability claims
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AnalysisUkraine triggers a re-evaluation of global systemic risk
Systemic risks affect entire markets - not just specific sectors - and are now top of mind for senior executives - WEF
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AnalysisStrategicRISK Q2 2022: It just won’t wash
Organisations are racing to declare their sustainable credentials… but should they tread more carefully?
