Analysis – Page 3
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Analysis
Global freeze map will help with business continuity
Freeze risk regularly impacts equipment and infrastructure which is often hidden and enclosed within a building
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Analysis
Insurers monetise intangible assets for IP product
Aim is to develop a trade secret protection ecosystem as the value of unprotected intangibles grows
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Analysis
Insurers back pandemic research initiative
Projects could help build societal resilience and reduce the long-term costs of future risks
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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
IoD: Directors’ confidence bounces back in January
This is the most positive level recorded since Russia’s invasion of Ukraine
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Analysis
UK insolvencies rise as Flybe and Paperchase collapse
Insolvencies to hit new highs over the coming months as supply chain woes tip the balance
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Analysis
Hospitality firms feel unable to control their risks
Strategic risks are mounting post-pandemic as firms cite fears around reputational risk and underinsured BI losses
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Analysis
WTW launches new cyber facility as ‘ransomware crisis’ continues
Broker offers up to $50m of Lloyd’s excess layer capacity, as firms continue to cite cyber risks as a top priority
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Analysis
Risk is essential to an enterprising economy - UK Economic Secretary
The government must create the “right regulatory environment” to allow insurers and brokers to innovate
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Analysis
Business outlook brightens despite geopolitical fears
Worries over further severe energy market disruption have eased at the same time as China’s Covid reopening - risk survey
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Analysis
Parametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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Analysis
Zurich teams up with South Pole to support clients’ net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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Analysis
Food and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
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Analysis
Supply chains have not fully recovered from disruptions
A shortage of skilled labour is a compounding concern within construction, manufacturing and healthcare
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Analysis
Business leaders caught in “onslaught of interconnected risks”
Economic concerns top Aviva’s risk index, as net business confidence in the UK economy plummets
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Analysis
Renewable energy sector faces ‘new trilemma’
Unsettled macroeconomics, energy demand and net zero pressures are escalating risk management and ESG as key issues
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Analysis
Emerging risk must be the responsibility of all
Insurance sector must ‘stay curious and think ahead’ to cope with emerging risks, rather than simply passing the buck to other industries
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Analysis
Financial services firms lack responsible AI strategies - study
71% of organisations state that AI ethics and responsible AI are not a core part of their operational strategies
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Analysis
‘Green shoots’ as insurance pricing begins to soften - Airmic
The pace of increase in directors’ and officers’ liability insurance premium rates is slowing
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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