Analysis – Page 14
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Analysis
UK leads recession for the Eurozone in 2023
The UK economy is set to shrink by 0.9% compared to the Eurozone - which is predicted to shrink by 0.4% - Allianz Trade
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Analysis
Why cyber is the biggest risk for 2023
Cyberattacks in Europe have been growing steadily, but the insurance capacity crunch continues
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Analysis
Jennifer Santiago named RIMS 2023 President
Kevin Bates is named RIMS secretary and David Arick and Kristen Peed become vice president and treasurer respectively
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Analysis
Directors feel more confident as new year dawns
The IoD Directors’ Economic Confidence Index rose slightly, but remains low after three years of shocks
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Analysis
Facebook’s Meta hit with hefty GDPR fines in 2022
EU businesses were fined over €830m for GDPR violations in 2022, with Meta paying over 80%
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Analysis
Winter storms cost insurers $4.2 billion in 2022 - CRESTA
Weather-related catastrophes again dominated insurance industry losses in 2022, with three major events in Europe
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Analysis
2023 to be one of Earth’s “hottest on record”
Mean temp rise up to 1.3°C above pre-industrial period as UK experiences its hottest year on record
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Analysis
Only 20% of firms feel prepared for supply chain disruptions - study
Socio-economic changes and shifting consumer demands are among some of the challenges facing organisations
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Analysis
UK’s Pool Re welcomes new duty of care Law
Locations with a capacity of 800 or over will require a risk assessment and implementation of a security plan
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Analysis
Expect more scrutiny on carbon-intensive industries in 2023 - Clyde & Co
Corporates and governments will increasingly be held to account for climate-related human rights failings
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Analysis
AGCS launches dedicated ESG division
Gabrielle Durisch will join from Zurich Insurance Group in April 2023 as global head of ESG & Sustainability Solutions
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Analysis
RIMS President applauds profession’s role during COVID
The pandemic showed the world what type of leaders risk professionals truly are, says Patrick Sterling
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Analysis
Nuclear verdicts show no sign of slowing
Drivers include rising corporate mistrust, growth in litigation funding and fake advertising
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Analysis
Over half of cyberattacks originating in Russia target the US
The UK, Canada, and Germany are among other top targets with IT firms and NGOs the most exposed
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Analysis
Underinsured or underinformed?
Increasing numbers of business owners are underinsured for their commercial property – but is this a deliberate decision?
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Analysis
Insurance sector ‘perfectly positioned’ for carbon removal action
Swiss Re’s senior risk manager advises underwriters to not be ‘scared’ of providing cover for carbon removal
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Analysis
Insurer targeted over controversial Adani coal project
Activists received a tip-off that Probitas1492 is insuring the Adani Carmichael’s thermal coal project rail line, haulage operation and port
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Analysis
2023 will bring heightened levels of unrest
Further geopolitical disruption expected as crisis management teams remain in ‘perma-crisis’ mode
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ESG presents ‘significant exposure’ for D&Os
Fallout from a global recession, lax cyber security and an uptick in litigation are other key risk drivers for 2023
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Analysis
Demand for contract frustration grows as economy deteriorates
Cost of insurance against defaults on sovereign debt jumps by 102% as corporates also seek cover for cancelled contracts