Analysis
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Analysis
DWIC 2024: Insurers need to focus on risk management and mitigation - Lloyds’ Mackinnon
The world is in a “manageable plateau of chaos”, says Chris Mackinnon, deputy regional director, Asia Pacific, Middle East & Africa, Lloyd’s, but insurers and reinsurers must adapt to help businesses survive.
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Analysis
DWIC 2024: Insurers are not as consistent as they should be, says QBE group CEO
Insurance is more important than ever to help businesses manage escalating risks, says Andrew Horton, group chief executive officer at QBE. However, to do this successfully, he argues that insurance companies must prioritise consistency
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Analysis
DWIC 2024: “The climate crisis is on everyone’s agenda”, says Guy Carpenter’s Vicky Carter
As temperatures across the globe continue to rise, the insurance industry must play a vital role in helping the green transition, says Vicky Carter, Chairman, Global Capital Solutions, International, Guy Carpenter
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Analysis
How risk managers can prepare for a supercharged hurricane season
Experts are urging businesses to prepare for an above-normal hurricane season. Here’s how risk managers can respond
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Analysis
Baltimore Bridge collapse could cause $81billion trade crisis - what risk managers need to know
Stakeholder engagement, adaptation, and flexibility are key for businesses impacted by the collapse of the Francis Scott Key Bridge. Experts outline the next steps for risk managers
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Analysis
Risk briefing: political threats rising for emerging market manufacturing hubs
Against a backdrop of heightened political risk, supply chain professionals looking to operate more strategically and build resilience need to create as much certainty as they can
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Analysis
Cities across the world are ill-prepared to evade, withstand, and recover from shocks and long-term stresses
The least resilient cities, according to the study, carried out in partnership with Economist Impact, were New Delhi, Jakarta, Cairo, Dhaka, and, lastly, Lagos.
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Analysis
Risk briefing: insurance industry unprepared for large scale, systemic cyber attacks
A new paper from reinsurance broker Gallagher Re explores the prospect of a large-scale, systemic cyber-attack. Here’s what businesses need to know:
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Analysis
Maui wildfire insured losses “will be at least $1bn”
Commercial property insurers will likely reassess their exposures, pricing and reinsurance as a consequence of the wildfires in Hawaii, says Moody’s
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Analysis
Storms are getting stronger - and risk managers must prepare
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.
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Analysis
Why French riots mean that global SRCC coverage may get more expensive
New research from DBRS Morningstar finds that the riots in France could have severe impacts on the global strike, riot, and civil commotion insurance (SRCC) market. Here’s what risk managers need to know
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Analysis
Airmic 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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Analysis
Movers and Shakers - Insurwave, Gallagher Re, Miller, Insurance Council of Australia, Axa XL
The latest appointments news from across the global risk and insurance industries
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Analysis
What risk managers need to know about tensions in the Strait of Hormuz
The Strait of Hormuz is a vital conduit for transporting crude oil to the rest of the world and a huge, connected risk in global supply chains. Here’s why risk managers should take note of recent tensions
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Analysis
Risk-!n conferece: Why employee benefits could be the next frontier of captive management
Pascal Prévost, former manager of corporate insured employee benefits at Nestlé explores how captives could be used to reinsure employee benefits
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Analysis
Insured losses from strikes, riots and civil commotion now comparable to major natural disasters
Risk managers face reduced political violence (PV) insurance and strikes, riots and civil commotion (SRCC) cover, thanks to global outbreaks of violence
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Analysis
Summer 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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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
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
Turkey earthquake largest in 84 years
Tragedy is a reminder that resilience is the main defense against such powerful seismic events