Analysis – Page 5
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Analysis
COVID BI disputes are denting insurer reputations, warns GlobalData
Over a third of UK SMEs cancelling BI cover in 2022 cited disputes business interruption claims
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Analysis
Construction firms take action as inflation and supply chain woes continue to bite
Three in five UK construction businesses have seen once profitable projects become unprofitable
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Analysis
Supply chain risks remain underinsured despite demand for cover
Companies are redesigning supply chains, but BI insurance protection remains a “wafer-thin patchwork”, finds WTW
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Analysis
Captives hailed as hard market solution for cyber, D&O
Captives provide much-needed capacity as traditional carriers reduce limits, increase exclusions, and/or increase pricing
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Analysis
Firms take stock after one year of Russian sanctions
There are many lessons to be learned from the rollout of the sanctions and ensuing compliance efforts
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Analysis
London cyber decoys attacked 91 million times in a month
Russia was the single largest source of attacks followed by Bulgaria, Monaco and Panama
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Analysis
AGCS outlines five risk drivers of political violence
Civil unrest risks has risen substantially, causing billions of dollars in property damage and business interruption
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Analysis
Total Turkey quake losses will exceed $25 billion, says RMS
Catastrophe is a wake-up call for other earthquake-prone regions, with adherence to building codes essential for resilience
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Analysis
UK property cladding risk dataset launches
It will enable insurers to better understand the risks posed by flammable cladding on highrise buildings
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Analysis
UK underinsurance crisis evident in 2022
Valuation firm finds that 75% of properties were underinsured in instructions received last year
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Analysis
Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Analysis
Brit increases cyber consortium capacity by 50%
Product is designed to protect clients from the impact of physical damage arising from cyber-attacks
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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