Analysis
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Analysis
How risk managers can respond to Hurricane Milton
Milton is anticipated to bring powerful winds, heavy rain and catastrophic and life-threatening storm surge to many parts of central and south Florida. Here’s how risk managers can protect impacted businesses
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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
How risk managers can prepare for a supercharged hurricane season
Experts are urging businesses to prepare for an above-normal hurricane season. Here’s how risk managers can respond
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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
$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
Idalia hits Florida as a Cat 4 hurricane - how risk managers can respond
As Hurricane Idalia wreaks devastation across Florida and surrounding states, Strategic Risk looks at how risk managers must respond
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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
Storms are getting stronger - and risk managers must prepare
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.
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Analysis
How climate change is making it more difficult for risk managers to find adequate insurance
As insurers grapple with increasingly frequent and severe natural catastrophes, the insurability of cat risks is being called into question, with worrying implications for risk managers.
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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
Four lessons to learn from hurricane Ian
Swiss Re’s sigma report highlights the key lessons that the risk management and insurance industry must learn from hurricane Ian.
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Analysis
2022 global nat cat claims breach $100 billion
In Europe, winterstorms Eunice, Dudley, Franklin triggered losses of over $4 billion, while France saw claims of $5 billion from hailstorms
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Analysis
Commercial insurance rates continue to moderate, says Marsh
Cyber rates continue to rise at slower pace; financial and professional rates fall for a second quarter
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Analysis
Global nat cat losses surpassed $313 billion in 2022 - Aon
Windstorm Eunice was the costliest individual European windstorm since 2010, with droughts also causing severe impacts
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Analysis
Allianz Risk Barometer: Fallout from global crises dominates survey
Inflation, financial market volatility, a looming recession and the energy crisis are top risers for 2023
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Analysis
2022 nat cats set records with $270 billion in losses
Europe’s summer of extremes resulted in costly wildfires, hailstorms and business and trade disruption
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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
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
Global commercial insurance rates up 6% in Q3 - Marsh
Globally, cyber insurance pricing increased 53% in Q3, with hikes of 66% in the UK