Analysis – Page 5
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Analysis
When the lights go out
As Europe heads into a ‘Winter of Discontent’, how can risk managers plan for the worst, and coldest, of the energy crisis?
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Analysis
Ferma: Boards need risk managers’ help on sustainability
More in-depth knowledge of sustainability issues in business operations is becoming imperative, says risk association
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Analysis
Airmic: Risk management is a ‘two-way street’
Association responds to Munich Re’s calls for pricing discipline; Says members should be “recognised and rewarded” by insurers
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Analysis
Mahnke steps down from GVNW as he moves into insurance role
Alexander Mahnke is joining MSIG Insurance Europe after nearly 12 years as CEO Insurance at Siemens
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Analysis
Democracy under fire in a third of countries
China and Saudi among the top ten highest risk countries; shows the “prominent role” of authoritarian regimes within the global economy
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Europe’s captives ‘show their worth’ through challenging market
AM Best has observed an uptick in the use of existing captives in response to the hardening market conditions
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RIMS supports proposals for US cyber insurance backstop
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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Analysis
Inflation drives up cost of vessel, cargo repairs
The rising prices of steel, spare parts and labour are all factors in the increasing cost of hull repair and machinery breakdown claims
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Analysis
Rethinking food and drink supply chains
With growing vulnerability to extreme weather and geopolitical threats, the industry needs new risk transfer solutions, finds report
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Plugging gaping holes in protection
Does the creation of a mega captive in Europe reflect poorly on commercial insurers, and what are the risks involved?
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Analysis
German insurance managers welcome Extremus extension
The German terrorism risk backstop has been given state backing for a further two years
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How inflation is compounding business interruption
As rising costs fuel higher insured losses, risk managers will get preferential treatment for their organisational resilience
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WEF: Near-term crises dominate risk agenda
Environmental and cyber risks are being overshadowed by short-term economic concerns for G20 business leaders
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How exposed is your supply chain to modern slavery?
80% of the global population – some 6.25 billion people - live in regions where there is a high or extreme risk of modern slavery
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Analysis
Sovereign debt downgrades grow as inflation bites
Ukraine crisis and inflation lead to 34% increase in sovereign debt downgrades in past year
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Analysis
Legal claims against insurers surge by nearly 280%
Corporations are now more than three times as likely to have to sue insurers to get their claims paid, finds Mactavish
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Global commercial insurance rates up 6% in Q3 - Marsh
Globally, cyber insurance pricing increased 53% in Q3, with hikes of 66% in the UK
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Analysis
Green transition to drive construction growth of $5.6 trillion
Energy transition and green investment will be major contributors to infrastructure growth over the next 15 years
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Firms struggle to ‘stay above water’ as inflation hits new highs
Insolvency rates already “well above pre-pandemic levels” as companies feel the effects of the withdrawal of fiscal support
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Analysis
Inflationary pressures are driving underinsurance - survey
Over half of brokers are seeing policies altered as a response to rising energy costs, finds RSA research