Analysis – Page 2
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Analysis
Global floods events lead 2021 nat cat tally - CRESTA
Extreme floods in Western Europe in mid-July have generated claims currently estimated at $11 billion
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Ida highlights impact of inland flooding
Record heat and drought conditions prompt extreme wildfire activity around the globe, according to Aon catastrophe report
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Losses of $25 billion expected from July floods
Catastrophic damage in Western Germany is expected to be Europe’s most costly weather event on record - Impact Forecasting
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German floods to see sizable protection gap
There are renewed calls for a state-backed natural catastrophe scheme or introduction of compulsory flood cover
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Denmark, Norway most resilient nations - FM Global
Climate risk is an increasingly important factor for companies and leaders making strategic decisions
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FM Global releases earthquake map
The Netherlands, France, Switzerland, Italy have all seen above-average movement to higher risk zones
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OECD: Insurers need “skin in the game” on pandemics
Insurance sector needs to play more active role in future pandemic solutions, says OECD secretary-general Angel Gurría
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2020 nat cat tally hits $78 billion
Hurricane Laura caused an insured loss of $8 billion to 9 billion, the largest weather-related loss event - Willis Re
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Climate change: Time for alliance
Experts at Airmic’s virtual Climate Change forum had a message of hope as they identified more joined-up thinking on the climate challenge
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Nat cat loss tally rises in October
Economic losses from devastating floods in southeastern France and northwestern Italy in October are expected to reach €2.7 billion
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Terrorism pools focus on systemic risk
New and emerging threats in the terrorism landscape, including the emerging CBRN threat and hostile cyber, were discussed during the virtual event
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Eurozone to benefit from reshoring - sigma
Global supply chains are undergoing fundamental and accelerated restructuring, with re-shoring a growing trend in Europe
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Insuring auto: It takes a partnership
When it comes to complexity of the supply chain, the car industry is in a league of its own. While Insurers can still do more to mitigate weak spots, the industry faces a rising protection gap, says Swiss Re Corporate Solutions’ Philip Brandl
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The hidden issue of risk calculations
Risk information isn’t always communicated on the same “playing field”. Information given to the boss may favour one solution over the other – and is the reason why most strategies fail to deliver expected results. But there are other hidden elements at play, writes Adrian Clements, international enterprise risk manager
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How to claim it from the weatherman
Almost nine out of ten businesses are impacted by the weather. In other words, the fortunes of 88% of companies depend on meteorological conditions.
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A customer-friendly earthquake solution
How innovative insurance products can be used to boost customer loyalty and extend the reach of commercial insurance
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Rethinking business interruption for 21st century businesses
In a hyper-connected and globalised world, businesses are increasingly at risk of disruption by major events on the other side of the world. But does traditional business interruption (BI) insurance respond in these scenarios?
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Beating down the cost of natural catastrophes
The economic cost of natural catastrophes is rising all the time, so how can businesses safeguard against costly risks?
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Risk-managing renewable energy projects: what Hurricane Maria taught us
Hurricane Maria, Puerto Rico’s worst natural disaster on record, highlights the impact major natural catastrophes can have on renewable energy projects and what can be learnt