Analysis – Page 12
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Analysis
Ferma urges Swedish Presidency to address cyber protection gap
Risk association calls for focus on cyber and sustainability protection gap to bolster EU competitiveness
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Analysis
Parametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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How short-term challenges are impacting the net-zero transition
Charles Sincock explains how global risks are altering our journey to net zero and what this means for businesses
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Analysis
Zurich teams up with South Pole to support clients’ net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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Analysis
Swiss Re CorSo promotes CRO Arquint to EMEA CEO
She replaces Fred Kleiterp, who is leaving the company to become European general manager at Beazley
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Governments are boosting domestic supply chains - BSI
New regulations emphasise financial sustainability as firms grapple with trade disruption and inflation
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Food and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
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Supply chains have not fully recovered from disruptions
A shortage of skilled labour is a compounding concern within construction, manufacturing and healthcare
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Analysis
Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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Business leaders caught in “onslaught of interconnected risks”
Economic concerns top Aviva’s risk index, as net business confidence in the UK economy plummets
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Analysis
EU introduces raft of cyber legislation amid ‘red tape’ warnings
Latest ransomware victims include a German children’s food manufacturer and a global Tier1 automotive supplier
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Analysis
Renewable energy sector faces ‘new trilemma’
Unsettled macroeconomics, energy demand and net zero pressures are escalating risk management and ESG as key issues
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Emerging risk must be the responsibility of all
Insurance sector must ‘stay curious and think ahead’ to cope with emerging risks, rather than simply passing the buck to other industries
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Financial services firms lack responsible AI strategies - study
71% of organisations state that AI ethics and responsible AI are not a core part of their operational strategies
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‘Green shoots’ as insurance pricing begins to soften - Airmic
The pace of increase in directors’ and officers’ liability insurance premium rates is slowing
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Fintech Revolut appoints team to adjust culture
The company has confirmed it is in the process of updating its culture and value statement
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IoT explosion presents massive (and growing) cyber exposure
Just 4% of experts worldwide are “confident” that connected devices are properly secure, warns WEF
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Luke Carrivick appointed executive director of ORX
He replaces Simon Wills, who is stepping down after 18 years’ service in the role
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Allianz Risk Barometer: Fallout from global crises dominates survey
Inflation, financial market volatility, a looming recession and the energy crisis are top risers for 2023
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Analysis
Davos: Pressures on food, energy and inflation may be peaking
But growth prospects remain “bleak” in Europe and geopolitical tensions will continue to shape the global economy