Analysis – Page 5
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Analysis
Risk management essential to future-proofing supply chains
Businesses need a better understanding of multi-tier supply chains to limit the impact of disruption, says Chubb
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Analysis
Potential targets warned in VMware ransomware campaign
The majority of impacted ESXi servers are in France and Germany with at least a dozen universities impacted
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Analysis
Risk managers voice concern over sensitive data stored by cyber insurers
Airmic members say the “gold mine” of sensitive data they share with underwriters could present a security risk
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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
Türkiye quakes to cost an estimated $1 billion
Many structures in the affected region were not designed to withstand earthquakes, says USGS
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Analysis
Insurers monetise intangible assets for IP product
Aim is to develop a trade secret protection ecosystem as the value of unprotected intangibles grows
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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
Turkey earthquake largest in 84 years
Tragedy is a reminder that resilience is the main defense against such powerful seismic events
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Analysis
Commercial insurance rates continue to moderate, says Marsh
Cyber rates continue to rise at slower pace; financial and professional rates fall for a second quarter
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Analysis
Beazley reveals 13% rise in cyber fraud claims
Organisations must get smarter about educating employees to spot fraudulent tactics
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Analysis
UK poised to finalise ‘failure to prevent fraud’ offence
New laws will target firms which lack adequate procedures to prevent fraud, false accounting, and money laundering
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Analysis
Governments under attack as cyber threat grows
Russia’s use of cyber warfare in Ukraine to supplement its traditional war machine was among the most damaging in 2022
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Analysis
UK insolvencies rise as Flybe and Paperchase collapse
Insolvencies to hit new highs over the coming months as supply chain woes tip the balance
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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
WTW launches new cyber facility as ‘ransomware crisis’ continues
Broker offers up to $50m of Lloyd’s excess layer capacity, as firms continue to cite cyber risks as a top priority
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Analysis
Risk is essential to an enterprising economy - UK Economic Secretary
The government must create the “right regulatory environment” to allow insurers and brokers to innovate
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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
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
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