All Coronavirus articles – Page 14
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Analysis
Covid-19 heralds hardest of hard markets
Few insurance classes are expected to emerge unscathed as markets harden in the wake of coronavirus - Insurance Times
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Analysis
FM Global launches 2020 update to Resilience Index
“When recovering after a crisis like COVID-19, resilience should be a key consideration for people, countries and businesses”
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Analysis
WEF launches COVID-19 Risks Outlook
Economic distress and social discontent will rise unless world leaders, businesses and policymakers work together to manage pandemic fallout, warns WEF
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Opinion
Ten ways to encourage a safe return to work
Even with government regulations in place however, it will be up to you to go above and beyond for your employees and create an office environment that is safe, hygiene-focused, and considerate of mental health needs
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Analysis
GVNW cancels risk symposium 2020
German risk and insurance association cites the limitations of the COVID-19 pandemic; will host virtual lectures and discussions instead
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Analysis
Airmic to host virtual risk festival in September
”One of the welcome consequences of the pandemic crisis has been our members’ fantastic adoption of virtual networking and learning” - Ludlow
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Analysis
Lloyd’s pegs COVID losses at $4.3 billion
Estimates total industry losses of $203 billion; claims on a par with 9/11 and the combined impact of hurricanes in 2005 and 2017
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Opinion
The COVID-19 return to work strategy
Employers must carefully navigate their obligations towards employees when it comes to the impending “return to work” strategy, warns Jules Quinn
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Analysis
Don’t damage trust, Airmic warns insurers
Insurers can “either interpret ambiguous contract wordings with their balance sheet in mind, or they can act as partners to long-standing customers”
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Opinion
Beyond crisis management - planning for the future
It is time to stop reacting to the pandemic crisis and start managing operations in a new way, argues Vince Shiers
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Analysis
Boards urged to keep climate change on the agenda
As companies reel from the effects of COVID-19, there a danger that climate change will slip off the boardroom agenda
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Analysis
Pandemic heightens terror risk - Pool Re
States weakened by the serious economic consequences of the pandemic will be more vulnerable to the emergence/resurgence of terrorist groups
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Analysis
FERMA launches non-damage BI taskforce
Aim is to find a solution that provides cover for non-damage BI for all types of catastrophe risks, not just pandemic
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Analysis
GVNW calls for pandemic risk pool
Pandemic shows that existing insurance solutions do not offer sufficient protection for the economy, says German risk management association
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Analysis
Insurers on the hook for up to $80 billion in COVID claims
Total claims could exceed those of 9/11, underscoring the need for a government backstop - Willis Towers Watson
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Analysis
COVID-19 will change risk management - IRM
The future will see a sharper focus on resilience and strategic risk management, predicts survey
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Analysis
FCA seeks “clarity” on business interruption claims
Insurers given up to six months to reassess whether their products are still offering value to customers
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Analysis
COVID-19 biggest shock to the global energy system since WWII
”Energy industry that emerges from this crisis will be significantly different from the one that came before” - IEA
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Analysis
How to avoid restart risks
Pre-start up safety reviews can help reduce losses when idle facilities are put back into operation - Swiss Re Corporate Solutions
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Analysis
RIMS calls for pandemic risk insurance program
91% of RIMS members are supportive of a TRIA-type program for insurance claims relating to losses resulting from a pandemic