Analysis – Page 5
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Analysis
AXA XL appoints head of climate
Andy MacFarlane takes on the newly-created role of head of climate at the global insurer
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Analysis
Mental health takes centre stage at Dive In
The insurance industry’s D&I festival kicks off today with mental health, gender equality and racial inclusion high on the agenda
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Analysis
Capacity and cost an issue amid COVID-19 – IUA
Despite this, the IUA’s chairman says capital coming into the commercial insurance market is a ‘healthy sign’
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Analysis
MS Amlin names Robert Wiest CEO
Wiest joins from Swiss Re where he was most recently chief operating officer
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Analysis
Hurricane Ida devastation continues
Deadly flash floods have left a trail of further devastation, with energy and chemical sectors among those exposed to supply chain disruption
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Analysis
Hurricane Ida claims could reach $30 billion
Flooding has seen homes evacuated, businesses shut down and widespread power outages
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Nat cats cost $77 billion in 1H
Insured losses are the second highest on record for a first half as climate change results in greater weather extremes - Swiss Re sigma
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Analysis
UK government launches event cancellation scheme
Several syndicates in the Lloyd’s market, including Arch, Beazley, Dale Underwriting, Hiscox and Munich Re, are supporting the initiative
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German flood claims to approach €5 billion
Restoration of infrastructure such as water and gas pipes, power lines, and roads could take weeks, even months, warns AIR Worldwide
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Analysis
German floods to see sizable protection gap
There are renewed calls for a state-backed natural catastrophe scheme or introduction of compulsory flood cover
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European floods hit over 70,000 properties
Total insured losses could reach €5 billion as Airmic CEO Graham says even climate scientists “were shocked”
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Pool Re forms advisory group for systemic risks
12 members have joined the group, planning to act to protect the UK economy as ‘when the next risk comes, we must be ready for it’
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Prince Charles and global insurers join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
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Lessons from the vaccine supply chain
How risk managers can learn vital lessons in resilience from the global vaccine effort
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COVID erodes macroeconomic resilience - Swiss Re
Insurance resilience is lowest for natural catastrophes, with the protection gap growing to a record $1.4 trillion
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Analysis
Geneva Association urges action on pandemic backstop
Governments must take on role of insurer-of-last-resort in future pandemic risk solutions, finds thinktank
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IoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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Analysis
Suez: 300 ships on standby
The Suez Canal situation will unveil which organisations have a strong understanding of their supply chain risk, and which do not
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Analysis
MS Exchange attacks to hit larger firms
Large firms in Germany and US at high risk of recent cyber attacks on the servers running Microsoft’s email services