Analysis – Page 8
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Analysis
Denmark, Norway most resilient nations - FM Global
Climate risk is an increasingly important factor for companies and leaders making strategic decisions
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Russell releases port disruption scenarios
Around $7.5 trillion of trade is concentrated in 50 major ports, with potential for major supply chain disruption
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Amrae: Cyber insurers in “vicious cycle”
Claims frequency and severity grew substantially between 2019 and 2020, outpacing cyber insurance premium growth
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Sedgwick predicts post-pandemic recall surge
Product recall events are on the rise despite ongoing operational challenges experienced by global car and OEMs
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Ransomware: ‘Don’t pay’, urges UK government
Paying a ransom does not guarantee a successful outcome and will not protect networks from future attacks, says home secretary
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Time to pull together
Argo Group’s Adam Seager on the challenges of maintaining corporate cohesion in a more virtual working environment
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Environmental risks, climate change threatens megacities
Firms must align climate risk assessments with the recommendations of the TCFD to build greater resilience - Verisk Maplecroft
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Terror risk grows as lockdown eases
Public transport and facilities remain an attractive target for terrorists as passengers return, warns Pool Re
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Semiconductor shortage disrupts supply chains
Scarcity is expected to be short-lived but will cause problems for sectors including electronics and motor, according to Oxford Economics
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Lessons in risk from the Boeing 737 MAX disasters
Myriad failures that contributed to the 737 MAX crashes revealed “systemic shortcomings” in Boeing’s ability to manage risk - Arthur D Little
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COVID-19 continues to test supply chains
Pandemic is exacerbating trends such as cargo crime, man-made disruptions, and political protests, which all threaten supply chain resilience in 2021
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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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Suez backlog presents further disruption
Brexit, the pandemic and recent Suez Canal blockage have brought into question lean manufacturing philosophies
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Generation ERM
Part of the next generation of risk managers promoting the holistic approach, Sogefi Group’s Valentina Paduano believes it is time to rethink your methods
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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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Suez Canal blocked by container ship
It has the potential to create more than $40 billion dollars of trade disruption, with implications for retail and automotive sectors among others
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Allianz Risk Consulting names global head
Thierry Portevin will head up the risk consulting team, which is made up of engineers from a wide range of technical and scientific disciplines
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Supply chains: Striking the right balance
Supply chains must balance efficiency and resilience, according to participants at a StrategicRISK Virtual Roundtable
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COVID-19 tops travel risks for 2021
Violent crime, political instability, severe natural disasters and social unrest are among the other threats to companies and their staff
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Analysis
Catastrophe losses cost insurers $83 billion in 2020
Losses from secondary peril events are forecast to increase, driven by climate change - Swiss Re sigma