Analysis – Page 74
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AnalysisMahnke “cautiously optimistic” over pandemic risk solution
GVNW president Alexander Mahnke warned of futher economic challenges to come at the association’s virtual symposium
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Analysis2020 insolvencies jump amid COVID-led recession
Global corporate insolvencies are forecast to increase by 26% in 2020, led by Portugal, the Netherlands, Spain and UK in Europe
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AnalysisLloyd’s targeted by climate campaigners
Protests outside the Lloyd’s market reflect growing pressure on the insurance industry to take action on heavy polluters
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AnalysisModern slavery risks surge in Asia manufacturing hubs
The risk is set to intensify further as the economic fallout from COVID-19 takes full hold, warns Verisk Maplecroft
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AnalysisHurricane Laura claims up to $8 billion
Cat modelling firms peg insurance losses from the Category 4 storm at between $4 billion and $8.7 billion
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AnalysisHurricane Laura makes Louisiana landfall
Laura made landfall as a category 4 hurricane with wind speeds of up to 150mph and an “unsurvivable” storm surge
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AnalysisData leaks surge almost 500% during pandemic
12 billion records were exposed in the first half of 2020. More than the total number of records leaked during the whole of 2019
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AnalysisGlobal insurance protection gap reaches $1.24 trillion
The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 - Swiss Re Institute
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AnalysisCOVID-19: Political and economic outlook deteriorates
The COVID-19 pandemic’s economic and social impacts are driving significant shifts in global political risk - Marsh JLT Specialty
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AnalysisRisk managers must heed COVID supply chain lessons
Among the key lessons from the crisis, RQA Group says there will be a move towards shorter, more localised supply chains and less reliance on the Far East
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AnalysisThe Herculean task of rebuilding Beirut
Lessons learned in the aftermath of the Tianjin port explosion in 2015 will be particularly significant in Beirut, says Crawford’s Benedict Burke
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AnalysisGVNW and German brokers call for state-backed pandemic solution
German risk and insurance association teams with brokers to call for a government-backed pandemic solution
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AnalysisFrom the skies to the city
Sara Byrne, regional head of operational risk, Property, Standard Chartered, has navigated an unusual route into the risk management profession
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AnalysisHurricane Isaias claims up to $5 billion - RMS
Isaias was the ninth named storm of the 2020 North Atlantic hurricane season, affecting parts of the Caribbean and US east coast
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AnalysisWinterstorm Victoria insured loss rises to €344m
The storm, also known as “Dennis”, affected the British Isles and north-western Europe from 15 to 17 February 2020 and occurred six days after extratropical cyclone Sabine
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AnalysisLong-term governance failures caused Beirut blast
Governmental shortcomings were to blame for the explosion in Lebanon, according to risk experts, who say lessons can be learned from the incident
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AnalysisCommercial insurance pricing up 19% in Q2
The increase is the largest since the index was launched in 2012 and reflects increased loss experience
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AnalysisResearch predicts dramatic increase in wildfire risk
By 2030-2040 climate change will prolong wildfire seasons, adding a month in European countries including Spain, Portugal and Greece
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AnalysisBeirut port disaster loss to impact global insurers
Observers are drawing comparisons with the 2015 explosion in the Chinese port of Tianjin, which highlighted accumulation exposures in ports - AM Best
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AnalysisBeirut explosion, 5 years on from Tianjin
The large blast in Beirut, Lebanon is expected to result in a significant insurance event as the death toll and casualties from the explosion continue to rise.
