GLOBAL THREATS – Page 6
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Analysis
FERMA Talks: Turning to ART
Why alternative risk transfer solutions, such as captives, are compelling tools during a hard market - AXA XL
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Analysis
Zombie companies to drive insolvency surge
Insolvencies in Italy and the UK will be 34% and 33% higher in 2022 than they were pre-pandemic - Atradius
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Analysis
Airmic launches Roads to Repurposing
As Airmic’s 2021 Conference gets underway in Brighton, its new report focuses on the concept of ’corporate purpose’
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Analysis
ESG shaping construction risk profiles
Global construction output is expected to grow by 42% by 2030, driven largely by government stimuli - report
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Analysis
People risks - lessons from COVID
Speakers at this year’s Duty of Care summit highlighted the importance of mental health and pandemic preparedness
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Analysis
Ransomware considerations for a hybrid workplace
There is now a much larger attack surface for cybercriminals to target due to remote and hybrid working practices
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Analysis
Duty of Care Summit highlights workforce resilience
2021 summit will focus on protecting global workforces, mitigating risks and fortifying business resilience
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Analysis
Supply chain disruption dents confidence
Half of businesses expect supply chain disruptions to continue beyond the middle of 2022 - Oxford Economics
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Analysis
COVID-crisis improves senior management engagement
The COVID-19 pandemic changed the perception of organisational resilience at top management level - BCI
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Analysis
GVNW: Public-private backstop is vital
Chairman Alexander Mahnke is frustrated a backstop for extreme events, such as pandemics, cyber and natural catastrophes, has not yet emerged
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Analysis
Hurricane Ida claims could reach $30 billion
Flooding has seen homes evacuated, businesses shut down and widespread power outages
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Analysis
Covid-19 drives losses of £2bn for Lloyd’s
’Financial pressures will continue to affect businesses’ as economies emerge from the pandemic - Insurance DataLab
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Analysis
2021 on target for economic growth of 6.2% - Atradius
Pace of recovery is “generally surprising” among advanced markets, but new COVID variants pose a threat
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Analysis
Port closure signals further strain for global trade
Partial closure at China’s Port Ningbo adds to global supply chain woes, threatening $172 billion of goods - Russell Group
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Analysis
Pool Re forms advisory group for systemic risks
12 members have joined the group, planning to act to protect the UK economy as ‘when the next risk comes, we must be ready for it’
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Analysis
COVID-19 forced firms to ‘cut corners’
Under mounting pressure to increase revenue and profits, with just 40% of European organisations carrying out adequate due diligence - Refinitiv
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Analysis
RIMS joins Business Continuity Coalition
The aim is to build a more stable insurance market that will support organizations as they navigate future pandemics
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Analysis
COVID fuels further SRCC restrictions
SRCC insurance provides cover for loss or damages caused by riots, protests, strikes or other work-related unrest
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Analysis
Lessons from the vaccine supply chain
How risk managers can learn vital lessons in resilience from the global vaccine effort
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Analysis
UK insurers settle over £750m of COVID-related BI claims
Data reveals Hiscox has more than double the number of COVID-related BI claims in comparison to its peers