Analysis – Page 6
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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
Global nat cat losses surpassed $313 billion in 2022 - Aon
Windstorm Eunice was the costliest individual European windstorm since 2010, with droughts also causing severe impacts
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Analysis
Ferma urges Swedish Presidency to address cyber protection gap
Risk association calls for focus on cyber and sustainability protection gap to bolster EU competitiveness
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Analysis
How short-term challenges are impacting the net-zero transition
Charles Sincock explains how global risks are altering our journey to net zero and what this means for businesses
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Analysis
Governments are boosting domestic supply chains - BSI
New regulations emphasise financial sustainability as firms grapple with trade disruption and inflation
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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
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
Luke Carrivick appointed executive director of ORX
He replaces Simon Wills, who is stepping down after 18 years’ service in the role
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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
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Analysis
Davos: Pressures on food, energy and inflation may be peaking
But growth prospects remain “bleak” in Europe and geopolitical tensions will continue to shape the global economy
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Royal Mail ‘cyber incident’ causes widespread disruption
Ransomware attacks have risen sharply since Russia’s 2022 invasion of Ukraine
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Analysis
Demand for BII shoots up after COVID test cases
Insurance class to see a period of “growth and stability”, but appetite for pandemic cover remains muted
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Analysis
Recession to prompt rise in claims and disputes
Law firm cites climate change, ESG and cyber exclusions as key sources of concern for insurers
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Analysis
Chartered IIA appoints Anne Kiem OBE as CEO
The need for professional internal auditors has never been more important, says Kiem
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Analysis
Banking CROs face ‘torrent of interwoven complexities’
Cybersecurity is the main risk globally for three out of four banking CROs, while geopolitics tops concerns for those in Europe
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Analysis
Cost of living crisis tops WEF Global Risks 2023
Geopolitical rivalries and inward-looking stances will heighten economic constraints going forward
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Analysis
“Hopes of a Net Zero future are fading” - WEF Global Risks
We are heading towards ”a slower and more disorderly climate transition” as short-term crises take precedence
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Analysis
2022 nat cats set records with $270 billion in losses
Europe’s summer of extremes resulted in costly wildfires, hailstorms and business and trade disruption