All business interruption articles – Page 9
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Analysis
MS Exchange attacks to hit larger firms
Large firms in Germany and US at high risk of recent cyber attacks on the servers running Microsoft’s email services
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Analysis
Suez Canal blocked by container ship
It has the potential to create more than $40 billion dollars of trade disruption, with implications for retail and automotive sectors among others
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Analysis
BCPs must explicitly address civil unrest
Civil unrest is now the main political risk exposure for companies, with COVID-19 likely to fuel further disturbances
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Analysis
Power and utilities gain dedicated cyber cover
Product includes cover for property damage and fines and defence costs arising from regulatory actions, including GDPR
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Analysis
US winter storm claims to exceed $10 billion
In Texas, claims could surpass Hurricane Harvey, with rolling power cuts hitting manufacturing and energy firms, according to AIR Worldwide
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Analysis
ABI: Insurers took reputational hit on COVID
Speaking at the association’s virtual conference, director general Huw Evans said the industry had to ”learn the lessons” from the FCA test case
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Opinion
Managing risk in a volatile world
Risk leaders must work on strategies and business models to help their firms achieve their objectives in the new environment
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Opinion
NDBI: Exposed and unprotected
Caroline Woolley explains why it’s much better to play ‘let’s pretend you have a loss’, than trying to deal with expectation gaps after an event
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Analysis
BI take-up drops after claims rejections
The UK supreme court business interruption ruling “may save insurers’ reputations” in long run - survey
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Analysis
Airmic hails historic Supreme Court ruling
The Supreme Court ruling opens the door for up to £1.2 billion of business interruption claims
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Analysis
UK Supreme Court dismisses insurers’ appeals
Around 370,000 policyholders are set to benefit from the judgment in BI test case ruling
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Opinion
Understanding terrorism-related NDBI
Is it possible to identify the relative ‘attractiveness’ of different terrorism targets based on current datasets?
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Analysis
Brexit: UK firms expect border delays
UK businesses are putting in place a clear operational plan to manage supply chains and distribution, according to research
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Analysis
Amrae welcomes captive incentives
Corporates must have the resilience to bear exceptional shocks, via ‘self-insurance’ or risk transfer to insurers, said Amrae
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Analysis
FERMA survey: Demand for risk will grow
Two thirds of respondents said insurance had not fulfilled corporate needs during the pandemic
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Analysis
Moving supply chains closer to home
A heady mix of geopolitical tensions, natural catastrophes and the coronavirus pandemic has put global supply chains under significant pressure in 2020
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Analysis
Using AI to manage supply chain risk
As much as 43% of third-party relationships are not subject to any form of due diligence checks, finds Refinitiv
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Analysis
FCA business interruption test case appeal date set by Supreme Court
Six insurers, the FCA and the Hiscox Action Group are appealing some parts of September’s High Court ruling
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Opinion
Beware BI underinsurance
While nobody wants to pay unnecessary premiums, it is essential to be clear on policy wordings and gross profit calculations
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Analysis
Accenture and MIT create supply chain resilience stress test
The new standard will assess a global supply chain’s ability to mitigate the impact of disruptive events