Analysis – Page 12
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AnalysisFirms underprepared for Ukraine impact - Mactavish
Inflation, underinsurance and the impact of sanctions and war exclusions are just some of the challenges
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AnalysisFirms face underinsurance as construction costs rise
Raw material shortages and rising energy costs are causing building costs to skyrocket, potentially leaving business out of pocket
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AnalysisUkrainian grain insurance facility secures first placement
Marine cargo and war facility has been extended to clients of Lloyd’s brokers
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AnalysisInsurance facility launches to cover green and blue hydrogen project risks
Investment in green and blue hydrogen initiatives is estimated to exceed $150 billion by 2025
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AnalysisEuropean winterstorm losses creep up to €3.74 billion - Perils
The latest estimate makes the February storms the largest European windstorm loss since Kyrill in January 2007
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AnalysisThe risk of underinsurance posed by inflation
Brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures
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AnalysisFelixstowe strike to impact $800m in trade
The 8-day strike will add to current supply chain woes, with Maersk warning of a ‘significant impact’
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AnalysisFM Global offers policyholders $300m resilience credit
The credit will be applied as a 5% premium offset against policies with renewals between 1 October 2022 and 30 September 2023
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AnalysisEconomic stresses drive social unrest in LatAm
Some countries have seen as much as a tripling in social unrest on the back of increasing inflation
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AnalysisCyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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AnalysisGlobal commercial insurance rates up 9% in Q2
This is the 19th consecutive quarter of increases with cyber insurance pricing continuing to rise significantly
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AnalysisEffects of climate change evident in H1 cat events
The record-high temperatures in many parts of Europe is expected to drive further losses caused by droughts and wildfires
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AnalysisRussian gas cut off would backfire - Dragonfly
A short-term suspension is possible, but Russia is unlikely to risk losing a crucial revenue stream longer-term
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AnalysisEurope counts cost of extreme heat, drought and wildfires
In many parts of Europe, human-caused climate change has resulted in annual average temperatures rising by more than 1.5°C - Munich Re
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AnalysisLloyd’s, Aon examine long-term impacts of Ukraine conflict
Ability of businesses to diversify and ‘hedge’ portfolios and supply chains to reduce dependencies are key to minimising risk exposure
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AnalysisJBA issues stark UK flood warning
Cost of severe flood events could rise by up to 42% by 2050 due to climate change
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AnalysisBlack Sea grain deal will ease supply bottlenecks
UN Secretary General Antonio Guterres has hailed the accord a “beacon of hope”
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AnalysisWorld ‘unprepared’ for magnitude of cascading climate risks
As the intensity of heatwaves, storms and floods speeds up, so do the time horizons for rising global instability, warns Maplecroft
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AnalysisEuropean storms drive 1H catastrophe losses - Aon
First-half Severe Convective Storm (SCS) losses in Europe exceeded $5 billion for the second year in a row
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AnalysisCyber: Banning ransoms is a ‘blunt policy instrument’
A ban could encourage ransomware attackers to engage in new, more malicious forms of extortion, warns Geneva Convention
