Analysis – Page 7
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Analysis
SME top risks reflect fears over financial turmoil
Top three ‘emerging’ risks - energy costs, inflation and staff shortages - reflect the changing economic climate
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Analysis
Pandemic drives claims in digital health and wellness
The new and unique combination of risks within digital health services create a complex web of interconnected exposures - Beazley
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Boards face ‘perfect storm’ of high-impact risks
War in Ukraine, cost-of-living crisis, looming recession and climate emergency are risks of most concern to chief audit executives
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Analysis
RIMS Canada meeting attracts over 1,300 delegates
Discussions focused heavily on ESG and cyber but also incompassed inflation risks and the importance of upskilling
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Workplace fatalities – height is the issue
Falls from height remain one of the biggest causes of injury and fatalities in the workplace
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sigma study examines risk in a multi-polar world
“Friend-shoring” and reshoring of supply chains, investments in green energy and mitigating a food crisis will shape the risk landscape
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Heat stress to threaten over 70% of global agriculture by 2045
This could trigger a host of secondary impacts, from civil unrest and political instability to mass migration and human rights abuses
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IoD 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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Inflation fuels social unrest, with the worst to come
Bosnia and Herzegovina, Switzerland, Netherlands, Germany, and Ukraine are among the states with the biggest projected increases in risk
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Why we should have seen the energy crisis coming
Energy investments are long-term and highly capital-intensive. One simply cannot click a switch and expect to solve the problems of today, argue Grant Griffiths, Dylan Campbell, and Alexander Larsen
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D&O insurance pricing begins to ease
Rates for D&O decreased in Q2, albeit at a slower pace than they had increased during the hard market cycle - Aon
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As 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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Gallagher buys crisis and risk management consultancy
AnotherDay provides crisis expertise across political risk/political violence, D&O and criminality, and cyber
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Analysis
CISOs face burnout as ransomware threat continues
A third of organisations experience a ransomware attack at least once a week, with impacts on security professionals’ wellbeing
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Analysis
Howden to buy French broker CRF
It is Howden’s first acquisition in France since appointing Nicolas Aubert as CEO, Howden France
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Analysis
Black Sea grain deal will ease supply bottlenecks
UN Secretary General Antonio Guterres has hailed the accord a “beacon of hope”
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Where risk meets sustainability
Both risk and sustainability management should be embedded in the ways organisations operate if they are to succeed sustainably
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Insurers 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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Claims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion for the first time, with the UK and France showing strong growth in Europe
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Preparing for another active hurricane season
Power and comms outages and supply chain disruptions should be among key business continuity considerations, says International SOS