Analysis – Page 4
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AnalysisRisk managers must check insurance policies as hybrid working remains popular
The combination of more people working from home and supply chain issues increasing the cost of computer repairs means risk managers need to take stock of insurance coverage
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AnalysisAirmic 2023: Cyber market still playing catch up to evolving risks
Risk managers must model cyber threats carefully and examine the results forensically, while insurers need to adapt solutions to meet the new threats
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AnalysisRisk managers must avoid “off the shelf” insurance as court disputes reach new highs
The latest data shows companies are being forced to court to get insurance claims paid. Here’s how risk managers can avoid getting burnt.
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AnalysisFERMA warns insurance industry must collaborate on cyber coverage
FERMA says insurers must find a way to balance cyber risk appetite with the coverage requirements of risk managers
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AnalysisThe key controls that reduce organisational cyber risk
New analysis reveals which cybersecurity controls are most effective in reducing cyber risk across an organisation
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AnalysisClimate change will drive disruption within food & drink sector - WTW
Three quarters of food & drink firms cite lack of supply chain insurance solutions as among their biggest challenges
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Analysis
PERILS pegs insurance losses from Turkey quake at $3.5 billion
A study by Koç University has put the economic losses in Turkey in the range of $70 billion to $87 billion
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AnalysisSummer 2022 heatwave saw surge in subsidence payouts
UK insurers are expected to pay £219m in subsidence claims, caused by last summer’s ’record breaking high temperatures’, says ABI
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Analysis2022 global nat cat claims breach $100 billion
In Europe, winterstorms Eunice, Dudley, Franklin triggered losses of over $4 billion, while France saw claims of $5 billion from hailstorms
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AnalysisCyber parametric solution will ease risk managers’ headaches
Founder and CEO of Intangic expects the concept will quickly become familiar with insurance buyers
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AnalysisCloud providers suffered nearly 500 critical outages in 2022
About a third of events impacted US cloud regions, with a total of 1,190 performance disruptions overall
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AnalysisUnderinsurance risks remain as construction costs soar
Continuing high levels of inflation in construction costs could see claims disputes in the event of a property loss
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Analysis$2.2 trillion global electronics industry at threat from semiconductor supply chain
Risks include geopolitical tensions, earthquakes, and extreme weather, but risk transfer solutions remain thin on the ground
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AnalysisLondon-based Cyber MGA launches with parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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AnalysisDirectors warned ESG litigation set to snowball
One of the most high profile ongoing cases is the ClientEarth case against 13 directors of energy giant Shell
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AnalysisCrisis incidents in Europe grow at rapid pace
Even greater volatility is expected in 2023, driving threats including kidnap incidents and political repatriations
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AnalysisHSBC buys UK arm of stricken Silicon Valley Bank
Deal rescues a key lender for tech start-ups in the UK and curbs fallout from the biggest bank collapse since 2008
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AnalysisInterest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk
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AnalysisCredit Suisse displayed risk management “deficiencies” over Greensill, says regulator
FINMA has opened proceedings against four managers as it orders the bank to improve its controls
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AnalysisClimate litigation becoming a corporate threat – Kennedys
Climate action group ClientEarth has taken energy giant Shell to the UK’s High Court
