Analysis – Page 35
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AnalysisFirms face underinsurance as construction costs rise
Raw material shortages and rising energy costs are causing building costs to skyrocket, potentially leaving business out of pocket
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AnalysisUkrainian grain insurance facility secures first placement
Marine cargo and war facility has been extended to clients of Lloyd’s brokers
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AnalysisInsurance facility launches to cover green and blue hydrogen project risks
Investment in green and blue hydrogen initiatives is estimated to exceed $150 billion by 2025
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AnalysisCNA Hardy bags ex-Axa XL chief as new director of risks
Raphael Borrel is the ex-chief risk officer of Axa XL-owned intermediary XL Catlin Services
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AnalysisEuropean winterstorm losses creep up to €3.74 billion - Perils
The latest estimate makes the February storms the largest European windstorm loss since Kyrill in January 2007
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AnalysisThe risk of underinsurance posed by inflation
Brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures
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AnalysisCyber: Hitting pause
At below $10 billion, why has the cyber re/insurance market failed to live up to its potential?
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AnalysisFelixstowe strike to impact $800m in trade
The 8-day strike will add to current supply chain woes, with Maersk warning of a ‘significant impact’
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AnalysisAs wildfires rage, firms urged to prepare contingencies
Top business continuity and safety considerations include need for stand-fast alternatives and financial constraints
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AnalysisRussia and China behind majority of state-sponsored cyber attacks
The private sector suffered from 37 state-sponsored cyberattacks so far in 2022 as hackers target companies for monetary gains
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AnalysisFM Global offers policyholders $300m resilience credit
The credit will be applied as a 5% premium offset against policies with renewals between 1 October 2022 and 30 September 2023
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AnalysisNHS hit by massive ransomware attack
The latest attack on the NHS 111 system has been confirmed to be a ransomware attack on a managed service provider
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AnalysisEconomic stresses drive social unrest in LatAm
Some countries have seen as much as a tripling in social unrest on the back of increasing inflation
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AnalysisGallagher buys crisis and risk management consultancy
AnotherDay provides crisis expertise across political risk/political violence, D&O and criminality, and cyber
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AnalysisCyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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AnalysisAxa braces for Ukraine-Russia claims
Some of the insurer’s crisis management policies have been ‘triggered’, reveals group chief financial officer
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AnalysisCISOs face burnout as ransomware threat continues
A third of organisations experience a ransomware attack at least once a week, with impacts on security professionals’ wellbeing
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AnalysisGlobal commercial insurance rates up 9% in Q2
This is the 19th consecutive quarter of increases with cyber insurance pricing continuing to rise significantly
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AnalysisHowden to buy French broker CRF
It is Howden’s first acquisition in France since appointing Nicolas Aubert as CEO, Howden France
