Analysis – Page 9
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Analysis
Cost of living crisis triggers a “pandemic of fraud”
The imminent recession is acting as a ’breeding ground for fraudulent claims’ - survey
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Analysis
Franck Baron to step down as Parima chair
He has become president of the International Federation of Risk and Insurance Management Associations
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Analysis
Crowe names Alex Hindson head of sustainability
He joins from insurer Argo Group, where he was chief risk and sustainability officer
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Analysis
Make 2023 the year of zero trust
Uber, Optus and Medibank are cautionary tales in corporate network access, writes MyCena’s Julia O’Toole
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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
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
Why cyber is the biggest risk for 2023
Cyberattacks in Europe have been growing steadily, but the insurance capacity crunch continues
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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
UK’s Pool Re welcomes new duty of care Law
Locations with a capacity of 800 or over will require a risk assessment and implementation of a security plan
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Analysis
AGCS launches dedicated ESG division
Gabrielle Durisch will join from Zurich Insurance Group in April 2023 as global head of ESG & Sustainability Solutions
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Analysis
Nuclear verdicts show no sign of slowing
Drivers include rising corporate mistrust, growth in litigation funding and fake advertising
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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
Insurance sector ‘perfectly positioned’ for carbon removal action
Swiss Re’s senior risk manager advises underwriters to not be ‘scared’ of providing cover for carbon removal
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Analysis
Insurer targeted over controversial Adani coal project
Activists received a tip-off that Probitas1492 is insuring the Adani Carmichael’s thermal coal project rail line, haulage operation and port
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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
Demand for contract frustration grows as economy deteriorates
Cost of insurance against defaults on sovereign debt jumps by 102% as corporates also seek cover for cancelled contracts
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Analysis
2023 a “gamechanger” for European class actions
New EU directive will make it easier for individuals to take part in collective redress actions, warns Clyde & Co
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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
Cyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has ’had to grow up’, but balancing regulation and value propositions is tricky
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Analysis
Companies with higher ESG ratings are a better risk - study
Environmental ratings have the strongest correlation with loss ratios, according to the analysis by Howden and Fidelis