Analysis – Page 5
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Analysis
Shipping losses at record low
Consequences of coronavirus and a sustained economic downturn could however threaten long-term safety improvement
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Growth of electric cars brings host of new risks
More complex and costly repairs; new fire and cyber threats and potential recalls are among the new exposures - AGCS
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Manufacturers urged to improve system maintenance - TFS
Proactive measures can mitigate the risk of plant fire and explosion, associated with the operation of thermal fluid systems
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Idle 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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FM 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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Analysis
Energy sector loss severity is growing
Global energy firms need to address the changing risks of older refineries and petrochemical plants - Marsh
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Restart facilities with care - AGCS
20% to 30% of AGCS fire claims are related to the condition of electrical equipment and installations
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How to avoid restart risks
Pre-start up safety reviews can help reduce losses when idle facilities are put back into operation - Swiss Re Corporate Solutions
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COVID-19 heightens risks for cargo shippers and transport firms
Damaged goods already account for more than one in five marine insurance industry claims - Allianz
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Insurers ‘looking down the barrel’ at class action
Why the insurance industry is under fire for failing to pay business interruption claims - DMH Stallard
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Analysis
Prevent losses at idle factories - FM Global
Fires, vandalism, theft, flooding and stormy weather could leave understaffed facilities vulnerable
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Site closures pose fire risk - AGCS
The potential for damage from fire or lack of maintenance can increase in mothballed or idle production facilities and industrial plants
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The economic factors impacting insurers’ business models
A combination of the rise of protectionism, persistently low interest rates and complex risks is forcing insurers to change their business models. Ahead of his speech at Amrae 2020, Strategic Risk caught up with Ludovic Subran, chief economist at Allianz SE, to find out what the implications are for risk ...
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Analysis
Don’t let supply chain issues open the door to cyber criminals
Extended supply chains can cause problems for even the most sophisticated cyber security as many businesses have discovered to their cost. Speaking at the FERMA Forum in Berlin, two risk management experts will explain how organisations can make sure that their supply chains do not leave them vulnerable to cyber ...
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Analysis
The risk manager of tomorrow: making data work for you
We are entering a new era for data, which could prove a game-changer for the profession, writes Hélène Stanway, digital leader, AXA XL
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Analysis
Evolving risks mean we have to be more collaborative… especially in Hollywood
Allianz’s head of entertainment, Lauren Bailey, discusses how entertainment risk has transformed and why this means that insurers and risk managers must work even closer together at Brokerslink 2019
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Analysis
StrategicRISK Q3 2019: Smoke without fire?
We all know: Don’t believe everything you read. But in a social media-led world where fake news works so hard to be king, how do we avoid getting burned? Because the most crucial messages could be lost if we can’t discern the facts from the fiction
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When fake facts fan flames
The Amazon rainforest fires have sparked a public outcry and a worldwide call to get serious about climate change. But now, the spread of misleading information and politically motivated angles threatens to undermine this message
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Analysis
Defining your reputation risk
Reputational risk is not “one risk”, but rather a category of risks which may impact your reputation, so how should you define and manage it? Hans Læssøe, principal consultant at AKTUS and former risk manager at Lego Group has this advice
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