Analysis – Page 10
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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
Airmic: Risk management is a ‘two-way street’
Association responds to Munich Re’s calls for pricing discipline; Says members should be “recognised and rewarded” by insurers
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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
Mahnke steps down from GVNW as he moves into insurance role
Alexander Mahnke is joining MSIG Insurance Europe after nearly 12 years as CEO Insurance at Siemens
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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”
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Analysis
RIMS supports proposals for US cyber insurance backstop
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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Analysis
Inflation drives up cost of vessel, cargo repairs
The rising prices of steel, spare parts and labour are all factors in the increasing cost of hull repair and machinery breakdown claims
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Analysis
Buyers call for clarity over cyber war exclusions
Zurich-Mondelez dispute highlights need for insurers to be clear on ‘war’ cover with customers
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Analysis
Risk managers demand shift from insurers
Traditional insurance products may not be fit for purpose in the face of evolving climate risks
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Analysis
Rethinking food and drink supply chains
With growing vulnerability to extreme weather and geopolitical threats, the industry needs new risk transfer solutions, finds report
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Analysis
Plugging gaping holes in protection
Does the creation of a mega captive in Europe reflect poorly on commercial insurers, and what are the risks involved?
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Analysis
Climate risk still not a priority, warns Airmic
Risk professionals are prioritising near-term natural peril threats, at the expense of longer-term climate impacts
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Analysis
German insurance managers welcome Extremus extension
The German terrorism risk backstop has been given state backing for a further two years
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Analysis
How inflation is compounding business interruption
As rising costs fuel higher insured losses, risk managers will get preferential treatment for their organisational resilience
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Analysis
Three ways of increasing cyber insurability - sigma
There is currently a protection gap of around 90% due to the uncertain nature of systemic risk
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Analysis
COP27: Egypt moots catastrophe pool to build climate resilience
Ahead of COP27, insurance industry experts gathered to discuss innovative approaches to transferring catastrophic risk
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Analysis
Sovereign debt downgrades grow as inflation bites
Ukraine crisis and inflation lead to 34% increase in sovereign debt downgrades in past year
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Analysis
Fraudsters target professional services firms
Claims caused by fraudulent instruction and business email compromise are on the rise - Beazley
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Analysis
Legal claims against insurers surge by nearly 280%
Corporations are now more than three times as likely to have to sue insurers to get their claims paid, finds Mactavish