Analysis
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Analysis
Risk briefing: how the renewables sector can manage growing construction risks
As new projects and construction in the renewables sector ramps up, firms need a high concentration of risk management, insurance and claims expertise to prepare for an inevitable increase in losses
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Analysis
The heat is on: climate change set to increase economic losses
New research shows the economic impacts of climate change are set to get even more severe. Risk professionals must therefore urgently target prevention and mitigation measures.
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Analysis
Cyber tops risk concerns for European businesses, with nat cat threats rising rapidly
As ransomware attacks, flood, fire, and floods ravage companies across Europe, new research highlights the steps that risk professionals can take to manage the threats.
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Analysis
$100bn annual nat cat losses is “the new normal” - how risk managers can better prepare
2023 highlighted the need for a proactive approach to risk identification, mitigation and adaptation including a renewed focus on downward counterfactual analysis.
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Analysis
Top tips for managing the biggest risks facing businesses in 2024
A new barometer identifies the biggest threats to organisations wordwide as cyber, business interruption, and nat cats. Here are the report’s top tips for managing the risks
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Analysis
Risk briefing: Five steps European organisations must take to tackle extreme weather risks
New research shows risk managers are more concerned about extreme weather than any other threat to operations. Despite this a quarter of firms have no plans to mitigate climate risks. Here are five ways to protect your organisation
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Analysis
APAC risk managers must gear up for increased climate reporting
Climate risk is fuelling APAC region’s ‘eco-consciousness’, here’s what risk managers need to have on their radar
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Analysis
Maui wildfire insured losses “will be at least $1bn”
Commercial property insurers will likely reassess their exposures, pricing and reinsurance as a consequence of the wildfires in Hawaii, says Moody’s
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Analysis
Why building code regulations are the key to curbing Nat Cat losses
New research shows that just 27% of economic losses from Nat Cats this year have been insured. For risk managers, following building codes and prioritising resilience are crucial for minimising the risks
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Analysis
Geopolitics to heighten travel and security risks in 2023
Some firms are poorly equipped to mitigate the risks posed to business assets and personnel, warns Healix
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Analysis
Extreme climate losses 30x more likely at exposed premises
Research from FM Global shines a light on the vulnerability of commercial properties which lack resilience
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Analysis
Summer 2022 Europe’s hottest on record
An intense series of heatwaves across Europe paired with unusually dry conditions have led to a summer of extremes - C3S
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Analysis
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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Analysis
FM 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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Analysis
Effects 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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Analysis
Europe 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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Analysis
European wildfires rise 75% YOY
As wildfires have only recently been considered a material peril, the modelling is not as developed
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Analysis
Earth observation data: A new frontier
The application, accuracy and quantity of satellite data continues to explode with opportunities for risk transfer and mitigation
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Analysis
Reasons to be… cheerful?
With access to some of science’s most stark observations on the climate crisis, why is Nasa’s David Green feeling optimistic?
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Analysis
Marshall Fire claims estimated at $1 billion
The devastating late-season wildfire destroyed nearly 1,000 structures in Boulder County, Colorado - KCC