Asia Pacific – Page 10
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Analysis
Cyber: Hitting pause
At below $10 billion, why has the cyber re/insurance market failed to live up to its potential?
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Analysis
Russia 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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Opinion
Taking an authentic approach to ESG
Why relying on ESG ratings may be the quickest way to undermine your own reputation for ESG compliance
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Analysis
Global 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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Analysis
Effects of climate change evident in H1 cat events
The record-high temperatures in many parts of Europe is expected to drive further losses caused by droughts and wildfires
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Analysis
Europe counts cost of extreme heat, drought and wildfires
In many parts of Europe, human-caused climate change has resulted in annual average temperatures rising by more than 1.5°C - Munich Re
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Analysis
Global energy transition fuels international rivalries
While energy insecurity has sped up the transition in Europe, it has pushed some Asian countries to rely more on fossil fuels, warns Verisk Maplecroft
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Analysis
Calls for solar industry to mitigate fire risk
With the number of PV installations dramatically increasing around the world, the threat of fire is growing
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Opinion
Don’t wait for the hammer to fall
Climate litigation - including ’greenwashing’ claims - is increasingly a risk for Board consideration
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Analysis
World ‘unprepared’ for magnitude of cascading climate risks
As the intensity of heatwaves, storms and floods speeds up, so do the time horizons for rising global instability, warns Maplecroft
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Analysis
European storms drive 1H catastrophe losses - Aon
First-half Severe Convective Storm (SCS) losses in Europe exceeded $5 billion for the second year in a row
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Analysis
Germany at severe risk of flood as temperatures rise
A quarter of the world’s power generation capacity and 26% of international port outflows are currently at risk of flooding, finds Marsh McLennan
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Analysis
Despite inflation: cost advantage of renewables grows
Wind and solar projects are much cheaper than new coal or gas-fired power plants, despite rising construction costs
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Expert Views
A joined-up approach to international insurance programs
Why it pays to understand which part/s of your international program will best respond to a loss
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Analysis
Claims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion for the first time, with the UK and France showing strong growth in Europe
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Analysis
Supply chains are losing the ‘ability to absorb shocks’
Erosion of traditional buffer mechanisms to ensure continual supply of goods demands a new assessment of potential risks
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Analysis
Ukraine triggers a re-evaluation of global systemic risk
Systemic risks affect entire markets - not just specific sectors - and are now top of mind for senior executives - WEF
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Analysis
Pandemic and geopolitical shocks continue to test global trade
Reshoring production and diversifying suppliers and customers may not be the silver bullet companies hope, warns Atradius
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Analysis
Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Analysis
Half of consumers have been exposed to fraud - Experian
Seventy percent of businesses say preventing fraud is their top concern as most consumers expect to increase online activity