Analysis – Page 4
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AnalysisHurricane Laura makes Louisiana landfall
Laura made landfall as a category 4 hurricane with wind speeds of up to 150mph and an “unsurvivable” storm surge
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AnalysisHurricane Isaias claims up to $5 billion - RMS
Isaias was the ninth named storm of the 2020 North Atlantic hurricane season, affecting parts of the Caribbean and US east coast
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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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AnalysisShipping losses at record low
Consequences of coronavirus and a sustained economic downturn could however threaten long-term safety improvement
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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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AnalysisUS riots a “catastrophe” event - PCS
The riots have become the first PCS-designated riot catastrophe event covering more than one state
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AnalysisIdle vessels face new risks, Allianz warns
Increasing disruption and economic pressures caused by the pandemic has serious risk management implications for the maritime community
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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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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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AnalysisPlaying for the defence: what risk managers can learn from football
From Paolo Maldini to Sir Alex Ferguson, risk managers can learn from the strategies deployed on the football pitch. And the greatest lessons come from the invisible defender: the goalkeeper or, in other words, the risk manager, writes Adriano Lanzilotto, vice-president, client service manager, (London operations) at FM Global
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AnalysisHow 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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AnalysisTraditional risk management versus ERM
Traditional risk management is a one-dimensional view connected to assessing insurable risks; and ERM can help peel back the onion layers to additional dimensions of risks. So how do we go beyond one-dimensional risk assessment? Carol Williams, enterprise risk management consultant and founder of ERM Insights, has this advise
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AnalysisEverything risk managers need to know about Lloyd’s and its £1bn loss
“This performance is not of the standard that we would expect of a market that has both the heritage and quality of Lloyd’s and we are taking further actions,” says Lloyd’s chief
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AnalysisPush for better building standards to continue in 2019
Following on from the Grenfell tragedy in 2017 and significant flooding in the UK, Concordia Consultancy chairman, Paul May FIRM says this is an area that will continue to be one of note for risk managers in 2019
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AnalysisStrategicRISK's top 10 worst risk incidents of 2018
From Brexit uncertainties to US trade wars; the Carillion collapse to Telsa’s threat on Germany’s automotive industry, when it comes to global risk, reviewing the year that’s been can feel like revisiting a lot of bad news. But the good news? There are many risk lessons to be learnt
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AnalysisRisk-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
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AnalysisCheaper covers if crisis plans in place
Insurers have told of the importance of a having plans in place to protect reputation
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AnalysisSupply chain disruption risk jumps for automotive sector
European automotive sector firms faced 379 supply chain disruption incidents last year, up from 268 in 2016, according to a report from insurance broker JLT
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AnalysisStart renewals talks early, Marsh warns
Big insured losses last year might not have the effect risk managers fear, according to Marsh, particularly if buyers begin renewals discussions early
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AnalysisCrisis management: what works and what doesn’t
Effective crisis management is much more than any written document or preordained policy. David Benyon reports
