Analysis – Page 5
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AnalysisCOVID fuels further SRCC restrictions
SRCC insurance provides cover for loss or damages caused by riots, protests, strikes or other work-related unrest
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AnalysisUK insurers settle over £750m of COVID-related BI claims
Data reveals Hiscox has more than double the number of COVID-related BI claims in comparison to its peers
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AnalysisAXA France offers restaurateurs €300m BI settlement
Support package provides a lump sum indemnity settlement to cover the equivalent of 15% of 2019’s catering turnover activity
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AnalysisBoE launches climate stress test for banks, insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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AnalysisRansomware cartels “expand the playbook” - CyberCube
Criminals will continue to target high-profile organisations, having researched their ability to pay a ransom prior to the attack
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AnalysisIoT is a supply chain risk "game-changer"
Aon’s vaccine insurance solution demonstrates the technology’s potential in the insurance market, says GlobalData
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AnalysisClaims shop window applauded for pandemic-driven innovation
Insurance Times editor Katie Scott explains why this year, celebrating claims excellence is all the more pertinent
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AnalysisIRM names Sidebottom new chair
Stephen Sidebottom, former Global Head Business HR, Standard Chartered Bank, replaces Iain Wright, CRO, Europe, Canada Life
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AnalysisCOVID diverting attention from slavery risks
Businesses in financial services and technology could be dangerously unaware of the rising risks of modern slavery in their supply chain
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AnalysisFirms stuck in ‘response’ mode - Deloitte
Over half of organisations have faced a risk incident due to third-party failure during COVID-19 pandemic
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AnalysisAXA’s Asian operations hit by ransomware attack
It comes a week after the insurer said it would be dropping extortion payments when underwriting cyber-insurance policies in France
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AnalysisCyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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AnalysisQ1 commercial insurance prices rose 18%
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
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AnalysisGeneva 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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AnalysisFinancial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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AnalysisBrexit: Over 440 financial firms have relocated
Study finds over £900 billion in bank assets and £100 billion in insurance funds have been moved from the UK to the EU
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AnalysisGVNW urges action on pandemic risk solution
German insurance buyers’ association calls for immediate discussion at an EU and national level
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AnalysisIoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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AnalysisDigital disruption tops banks' emerging risks
Untimely adoption may drive sudden changes to information security, change management, business continuity and third-party risk exposures
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AnalysisGVNW renewal survey shows “loss of trust”
Two thirds of German insurance buyers are actively seeking alternative risk transfer solutions, such as captive insurance and parametric covers
