Analysis – Page 7
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Analysis
Commercial insurance rate hikes continue
Insurance pricing rose by an average of 5.7% in 2022, the sixth consecutive year of rate increases
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Analysis
Nearshoring is happening faster than expected
Apple, GM and Boeing lead the trend as US-based corporates source suppliers closer to home
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Analysis
UK leads recession for the Eurozone in 2023
The UK economy is set to shrink by 0.9% compared to the Eurozone - which is predicted to shrink by 0.4% - Allianz Trade
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Analysis
Jennifer Santiago named RIMS 2023 President
Kevin Bates is named RIMS secretary and David Arick and Kristen Peed become vice president and treasurer respectively
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Analysis
Winter storms cost insurers $4.2 billion in 2022 - CRESTA
Weather-related catastrophes again dominated insurance industry losses in 2022, with three major events in Europe
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Analysis
2023 to be one of Earth’s “hottest on record”
Mean temp rise up to 1.3°C above pre-industrial period as UK experiences its hottest year on record
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Analysis
Only 20% of firms feel prepared for supply chain disruptions - study
Socio-economic changes and shifting consumer demands are among some of the challenges facing organisations
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Analysis
Underinsured or underinformed?
Increasing numbers of business owners are underinsured for their commercial property – but is this a deliberate decision?
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Analysis
ESG presents ‘significant exposure’ for D&Os
Fallout from a global recession, lax cyber security and an uptick in litigation are other key risk drivers for 2023
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Analysis
Airmic: Supply chain crisis calls for innovative risk transfer
Association’s new toolkit asks 12 key questions to help directors keep pace with an increasingly complex risk landscape
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Analysis
IoD: Impending recession now part of British business mindset
Directors’ Economic Confidence Index has falled to its second lowest figure on record
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Analysis
SR Q4 2022: Thriving or surviving?
As we approach year-end, it is clear 2022 has offered no reprieve from shocks and cascading risks
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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
Third of internal auditors yet to adopt data analytics
Audit body argues that advanced analytics is the key to navigating an increasingly volatile risk landscape
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Analysis
Where there’s a will, there’s a way
Highlights from the World@Risk Climate Change and ESG Forum
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Analysis
IIA highlights governance shortfalls at energy firms
Says sector must strengthen financial resilience to weather economic shocks after spate of insolvencies
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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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Analysis
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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Analysis
IDF calls for ‘convergence’ of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”