Analysis – Page 7
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AnalysisWinterstorm Victoria insured loss rises to €344m
The storm, also known as “Dennis”, affected the British Isles and north-western Europe from 15 to 17 February 2020 and occurred six days after extratropical cyclone Sabine
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AnalysisFlood damage erodes companies’ long-term value
Stock price of damaged firms drops 5% in the year following major floods as investor confidence declines - research
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AnalysisNat cats cost global economy $75 billion in 1H 2020
Insurers paid out $30+ billion due to natural catastrophes in the first six months of the year
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AnalysisEurope counts cost of severe June thunderstorms
Total economic losses from severe storms in Central Europe are likely to approach or exceed $100 million - Impact Forecasting
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AnalysisHow insurability hinges on disaster mitigation
Global warming is just one factor provoking the rise in natural disasters. If we want to avoid ‘no coverage’ regions, we must invest in risk mitigation
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AnalysisThe importance of measuring the 'resilience dividend'
Zurich shares new risk management lessons from disaster events to help businesses become more resilient
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AnalysisFirms unprepared for climate risks - survey
Global CEOs and CFOs feel they have a lack of control over climate risk, even as 80% feel they should be held accountable, finds FM Global
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AnalysisFM Global launches 2020 update to Resilience Index
“When recovering after a crisis like COVID-19, resilience should be a key consideration for people, countries and businesses”
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AnalysisDon’t damage trust, Airmic warns insurers
Insurers can “either interpret ambiguous contract wordings with their balance sheet in mind, or they can act as partners to long-standing customers”
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AnalysisPrevent losses at idle factories - FM Global
Fires, vandalism, theft, flooding and stormy weather could leave understaffed facilities vulnerable
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AnalysisClimate change “major threat” to global resilience - sigma
Failure to take immediate tangible action could lead to climate systems reaching irreversible tipping points, jeopardising insurability
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AnalysisPERILS pegs winter storm losses at nearly €2 billion
Extratropical cyclones Sabine and Victoria were the 12th and 13th named storms of a very active 2019–20 European windstorm season
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AnalysisCOVID-19: The role of climate change
Climate change and growing extremes will likely increase the threat of global pandemics, according to AIR Worldwide
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AnalysisSix ways to protect your business against flood damage
How to ensure your business property is watertight as unprecedented storms continue to affect the UK
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AnalysisThe lessons for risk managers from the greatest risk events of 2019
2019 was another eventful year in the risk calendar with major incidents occurring around the globe and caused both by man and nature. The risks faced by organisations continue to multiply and evolve so here we look at some of the significant events of last year and highlight the key ...
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AnalysisDay one AMRAE: What the risk managers are saying
With so many exciting workshops, panels and presentations throughout the AMRAE conference, we caught up with speakers and session leaders to find out what hot topics they will be covering, what risk managers can learn and their take on the biggest risks facing risk managers today.
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AnalysisInsuring 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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AnalysisWhaley Bridge dam collapse is a wake-up call: concrete infrastructure will not last forever without care
Part of the bridge’s reservoir spillway collapsed after being battered by heavy rainfall this summer, placing the dam at risk of a full collapse. A vital mitigation aid, Mohammad Heidarzadeh, assistant professor in civil and environmental engineering at Brunel University London, takes a closer look at earthfill dam protections
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AnalysisThe risk manager’s job is no longer about risk defence
We are facing a paradigm shift. Risk management cannot be defensive anymore. Risk management must support the businesses and should be at the root of organisational strategy. Brigitte Bouquot, Amrae president and risk manager for Thales lays out her vision for #ChangingRisk
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AnalysisWant to make a difference in risk? Try adapting your soft skills
Dealing with the c-suite is becoming one of the most critical components of a risk manager’s job. And to play a bigger role in #ChangingRisk in their companies, risk managers need to develop critical soft skills, says François Malan, chief risk officer at Nexity
