Analysis
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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
Risk briefing: lessons from Hurricane Otis
With estimated losses of between US$2.5 billion and US$4.5 billion, Strategic Risk examines the key lessons from Hurricane Otis and key steps for affected businesses
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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
How European risk managers can improve business decisions with resilience
New data from FM Global ranks countries for resilience, here’s how risk managers can use the index to help improve business decision-making
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Analysis
Dealing with the mental health consequences of natural and man-made disasters
Pressure is mounting on businesses and organisations to take a more holistic approach to their operations and address the mental health fall-out from any man-made or natural disasters.
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Analysis
How TMT companies can manage cyber, business interruption and infrastructure risks
Cyber incidents, business interruption and critical infrastructure failures rank as the top risks for Technology, Media and Telecommunications (TMT) companies, according to the Allianz Risk Barometer
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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
Total Turkey quake losses will exceed $25 billion, says RMS
Catastrophe is a wake-up call for other earthquake-prone regions, with adherence to building codes essential for resilience
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Analysis
Supply chains: Building slack into the system
How do you manage supply chain risk effectively in a world of constant disruption?
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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
Türkiye quakes to cost an estimated $1 billion
Many structures in the affected region were not designed to withstand earthquakes, says USGS
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Analysis
Turkey earthquake largest in 84 years
Tragedy is a reminder that resilience is the main defense against such powerful seismic events
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Analysis
Winter storms cost insurers $4.2 billion in 2022 - CRESTA
Weather-related catastrophes again dominated insurance industry losses in 2022, with three major events in Europe
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Analysis
Study exposes ‘blind spots’ in risk preparations at sports stadiums
Ahead of the World Cup, a research paper highlights common causes of severity loss and key risk management lessons
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Analysis
European 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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Analysis
Fire/explosion and nat cats remain top drivers of claim severity
Contingent BI claims spike due to broken supply chains, cyber claims remain elevated and inflation will add to claims severity, finds AGCS
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Analysis
Q1 nat cat losses reach $32 billion
Climate-related losses are likely to escalate with every additional increment of global warming - Aon
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Analysis
Tonga eruption highlights global telecom vulnerabilities
Catastrophe highlights fragility of the global undersea cable network and how quickly it can go offline
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Analysis
Western European floods “most significant” event of 2021
Insurance industry losses from the devastating July floods have surpassed $13 billion
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Analysis
FERMA Talks: Turning to ART
Why alternative risk transfer solutions, such as captives, are compelling tools during a hard market - AXA XL