Analysis – Page 2
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Analysis
PERILS pegs insurance losses from Turkey quake at $3.5 billion
A study by Koç University has put the economic losses in Turkey in the range of $70 billion to $87 billion
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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
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
Building resilience into the food and beverage supply chain
Supply chain financing can protect against the financial vulnerability of primary producers and avoid future disruptions
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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
Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Analysis
National Grid spends £4 billion avoiding winter blackouts
The record spending highlights the need for more stable forms of power, with nuclear and renewable sources mooted
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Analysis
Turkey earthquakes: Port fires impact $679m of global trade
Damage at Iskenderun is a reminder that ’a single point of failure’ can ripple across supply chains - Russell Group
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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
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
Renewable energy sector faces ‘new trilemma’
Unsettled macroeconomics, energy demand and net zero pressures are escalating risk management and ESG as key issues
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Analysis
Allianz Risk Barometer: Fallout from global crises dominates survey
Inflation, financial market volatility, a looming recession and the energy crisis are top risers for 2023
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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
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Analysis
Regulators to clamp down on greenwashing
Greenwashing allegations are becoming more common, and this trend is expected to accelerate, warns Clyde & Co
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Analysis
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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Analysis
2022 nat cats set records with $270 billion in losses
Europe’s summer of extremes resulted in costly wildfires, hailstorms and business and trade disruption