Europe – Page 23
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AnalysisEurope’s captives ‘show their worth’ through challenging market
AM Best has observed an uptick in the use of existing captives in response to the hardening market conditions
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OpinionEuropean D&O: Heading towards a perfect storm?
Inflation, post-pandemic fallout, geopolitical instability, rocketing energy prices, and an increased focus on ESG has heightened D&O exposures
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AnalysisBuyers call for clarity over cyber war exclusions
Zurich-Mondelez dispute highlights need for insurers to be clear on ‘war’ cover with customers
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AnalysisPutin’s legacy: A new era of geopolitical volatility
Global stability is ”unravelling” as we approach 2023 and will see significant flashpoints in Europe and over Taiwan - Dragonfly
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AnalysisRisk managers demand shift from insurers
Traditional insurance products may not be fit for purpose in the face of evolving climate risks
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AnalysisPlugging gaping holes in protection
Does the creation of a mega captive in Europe reflect poorly on commercial insurers, and what are the risks involved?
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Interviews
Nuclear communicator
An on-the-ground advisor after 2011’s Fukushima nuclear disaster, Mariko Nishizawa is using bitter lessons to create better risk communication
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AnalysisThree in four large firms hit by cyber attack since 2019
Indirect losses, such as reputation damage or ransoms paid by an insurer, were actually often more costly than the initial incident itself
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OpinionSanctions screening your third-parties
It is simply not worth running the risk of going into any relationship blind, and accidentally breaching sanctions
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AnalysisWEF: Near-term crises dominate risk agenda
Environmental and cyber risks are being overshadowed by short-term economic concerns for G20 business leaders
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AnalysisCOP27: ‘Climate change is a risk management problem on a global scale’
Businesses must plan for low-likelihood, high-severity risks and adapt quicker to avoid ’ruin scenario’, urges report
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AnalysisCOP27: Time to confront a warming Europe
Temperatures in Europe have increased at over twice the global average over the past 30 years - WMO
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AnalysisHow exposed is your supply chain to modern slavery?
80% of the global population – some 6.25 billion people - live in regions where there is a high or extreme risk of modern slavery
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AnalysisSurface flood risk to rise in 80% of European countries
Mainland Europe could see a 23% increase in surface water loss by mid century as a result of climate change - JBA
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AnalysisSovereign debt downgrades grow as inflation bites
Ukraine crisis and inflation lead to 34% increase in sovereign debt downgrades in past year
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AnalysisRansomware: Business is booming
Ransomware is forecast to cause $30 billion in damages by 2023, warns AGCS
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AnalysisGlobal commercial insurance rates up 6% in Q3 - Marsh
Globally, cyber insurance pricing increased 53% in Q3, with hikes of 66% in the UK
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AnalysisDon’t leave the ‘door open’ to cybercriminals, warns ICO
Regulator fines a UK construction firm £4.4m for data protection breach caused by ‘complacency’
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AnalysisGreen transition to drive construction growth of $5.6 trillion
Energy transition and green investment will be major contributors to infrastructure growth over the next 15 years
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AnalysisClimate change is becoming number one global risk
Geopolitical risks come in second place, overtaking cyber and pandemic risks - Future Risks Report





