Analysis – Page 5
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Analysis
Global freeze map will help with business continuity
Freeze risk regularly impacts equipment and infrastructure which is often hidden and enclosed within a building
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Analysis
AI: Friend or foe for risk managers?
AI brings the promise of progress and threat of disorder, as the launch of ChatGPT demonstrates
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Analysis
Insurers back pandemic research initiative
Projects could help build societal resilience and reduce the long-term costs of future risks
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Analysis
Ransomware: UK, Germany and France among most attacked nations
Construction was the most targeted sector overall with critical infrastructure affected in just over half of the attacks
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Analysis
Risk Benchmarking Survey 2023: Great expectations
After three years of global shocks and turmoil, senior managers are more engaged than ever in risk management
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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
Data of millions of JD Sports customers breached in cyber attack
The group has apologised to customers, calling on them to be ‘vigilant’ to the risk of fraud and phishing attacks
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Analysis
Parametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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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
Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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Analysis
Fintech Revolut appoints team to adjust culture
The company has confirmed it is in the process of updating its culture and value statement
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Analysis
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
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
“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
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Analysis
Brazil protests draw comparisons to US Capitol riots
The storming of key government sites by Bolsonaro supporters, reconfirms the country’s political fractures
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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
Chubb launches dedicated climate transition unit
The unit brings together traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering
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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