Analysis – Page 31
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AnalysisEIOPA moots multi-peril risk pools
Capital markets could be an additional layer of risk transfer to improve society’s capacity for bearing business interruption risk
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AnalysisSpanish snowfall claims to reach €1.8 billion
Storm Filomena brought wintry conditions and cold temperatures not seen in Spain in two decades - Impact Forecasting
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AnalysisBI take-up drops after claims rejections
The UK supreme court business interruption ruling “may save insurers’ reputations” in long run - survey
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AnalysisIRM sets out risk agenda for 2021
“Risk management has been at the heart of the global response [to COVID-19] and our profession is firmly in the spotlight”
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AnalysisFERMA: Risk managers best placed to monitor supply chain ESG
FERMA has called upon the European Commission to consider the views of risk managers in its reflections on sustainable corporate governance
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AnalysisUK firms underinsured for flood risk
Nearly three quarters of businesses are aware of their flood risk, but less than half have comprehensive flood cover
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AnalysisUS GDP forecast to grow 4.2%
Atradius anticipates a ‘robust economic rebound’ following the change of administration, but cautions that downside risks still remain
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AnalysisLloyd’s launches systemic risk initiative
The COVID-19 pandemic has highlighted gaps in the knowledge, understanding, and mitigation of systemic and black swan risks
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Analysis2020 nat cat tally hits $78 billion
Hurricane Laura caused an insured loss of $8 billion to 9 billion, the largest weather-related loss event - Willis Re
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AnalysisCyber: Lessons from the Sunburst hack
The SolarWinds attack has awoken risk managers to the threat of Trojan-Horse type supply chain incidents
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AnalysisStorm Christoph claim settled within ten hours
FloodFlash uses parametric cover to provide pay-outs to policyholders, using IoT sensors to monitor flood levels
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AnalysisLloyd’s offers AI-enabled reputational risk cover
Product helps mitigate the risk to profitability posed by reputational crises and offers real-time threat insights
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AnalysisNat cat losses cost $268 billion in 2020
Just 36% of the losses were covered by insurance, creating a protection gap of 64%, according to Aon
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AnalysisUnilever in supply chain living wage aim
Tackling societal inequality and raising living standards across the value chain are good for business and society, says food giant
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AnalysisBuilding resilience against winter storms
Ensure flood plans are up-to-date and any impact from COVID-19 (eg reduced staffing) is accounted for, urges FM Global
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AnalysisHurricane risk in 2050
Study assesses the likely impact of climate change on hurricane severity and storm surge over the next 30 years
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AnalysisWEF: Why investment in resilience pays off
“It is always cheaper to build a dam than to pay for the flood” - WEF Global Risks 2021
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AnalysisWEF: No vaccine for climate change
In 2020, the world saw the catastrophic effects of ignoring long-term risks such as pandemics - WEF Global Risks Report 2021
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AnalysisBI and pandemic top Allianz Risk Barometer 2021
Pandemic is a “reminder that risk management and business continuity management need to further evolve”
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AnalysisUS braces for Inauguration Day violence
The FBI warns of violence ahead of Joe Biden’s Presidential inauguration, but heightened security may defer the risk
