Analysis – Page 62
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AnalysisLessons 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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AnalysisCOVID-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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AnalysisFERMA welcomes ‘Open Insurance’ initiative
A more transparent commercial insurance market will have “tremendous value” for risk and insurance managers
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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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AnalysisSedgwick in flood resilience push
A combination of recoverable and resistant measures for properties could avoid the high cost for future floods
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AnalysisD&O market is ‘brutal’, say brokers
The D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of the hard insurance market, said panellists at Insurance2025
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AnalysisGovernments most targeted by ransomware attacks
The government sector was most affected by ransomware attacks in 2020, followed by banking and manufacturing
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AnalysisLessons from the Super League fiasco
The backlash against the Super League is a “perfect example” of how to destroy trust and reputation in the blink of an eye - BCI
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AnalysisCyber tops list of concerns for D&Os
The shift towards WFH has heightened cyber attack and data loss risks, with exposures for senior managers, finds survey
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AnalysisFERMA welcomes EU sustainability reporting proposal
FERMA calls on the Commission to employ corporate language in its standard, referring to enterprise risk management
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AnalysisGlobal climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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AnalysisRansomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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AnalysisRisk sector must embrace new skills
Airmic’s new CEO Julia Graham on her priorities for 2021 and the association’s plans to host a physical conference in Brighton in October
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AnalysisFrance/Austria amongst hardest hit by insolvencies
Global corporate bankruptcies are forecast to increase by 26% in 2021 as fiscal support is gradually phased out
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AnalysisSupply chain professionals lack proper risk tools
Despite the growing fragility of a complex global supply chain, there is poor investment in risk management and ESG tools - IHS Markit
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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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AnalysisCyber: Critical industries bombarded during pandemic
As firms scaled-up cloud computing during lockdown, they did not always scale up their security processes at the same rate
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AnalysisReport quantifies reputational impact of ‘grey swans’
In over 10% of crises in recent years - including COVID-19, 9/11 and the GFC - more than 50% of shareholder value was destroyed
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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
