North America – Page 11
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Analysis2020 nat cat tally hits $78 billion
Hurricane Laura caused an insured loss of $8 billion to 9 billion, the largest weather-related loss event - Willis Re
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AnalysisCOVID-19 prompts “evolution in risk management”
Prior to COVID-19, a pandemic/health crisis was not a ‘top ten’ risk for 82% of firms globally - risk survey
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AnalysisIn support of a green economy
Europe suffers from some of the most severe fossil-fuel-company insured losses in the world, according to PCS data
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OpinionFinancial firms face a risk reckoning
Are fines for poor risk management practices just a ’cost of doing business’, or is it time the sector upped its game?
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AnalysisCOVID-19 tops travel risks for 2021
Violent crime, political instability, severe natural disasters and social unrest are among the other threats to companies and their staff
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AnalysisCatastrophe losses cost insurers $83 billion in 2020
Losses from secondary peril events are forecast to increase, driven by climate change - Swiss Re sigma
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Expert ViewsSupply chains: Partnering to develop risk solutions
Supply chain complexity is particularly evident in the automotive sector, where lean production has created critical hubs
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AnalysisGlobal ransomware attacks rise 110% in September
Overall, there was a 40% rise in ransomware attacks in the first three quarters of 2020 compared to the same period last year
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AnalysisUS businesses prepare for social unrest
Demand for political violence insurance soared ahead of the bitterly fought and as yet, unclear US election
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AnalysisCyber: Staff admit to risky behaviour
Home working has increased cyber vulnerability, with 73% using company-issued devices for personal matters - Mimecast
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AnalysisPandemic eclipses climate change - Future Risks
Climate change remained the number one risk in Europe but fell to third place in Asia and America
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AnalysisCyber protection gap widening
Flattening market trend is “at odds” with a heightened threat environment - Guy Carpenter
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Analysis2020 insolvencies jump amid COVID-led recession
Global corporate insolvencies are forecast to increase by 26% in 2020, led by Portugal, the Netherlands, Spain and UK in Europe
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AnalysisLloyd’s targeted by climate campaigners
Protests outside the Lloyd’s market reflect growing pressure on the insurance industry to take action on heavy polluters
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AnalysisModern slavery risks surge in Asia manufacturing hubs
The risk is set to intensify further as the economic fallout from COVID-19 takes full hold, warns Verisk Maplecroft
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AnalysisGlobal insurance protection gap reaches $1.24 trillion
The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 - Swiss Re Institute
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AnalysisNat cats cost global economy $75 billion in 1H 2020
Insurers paid out $30+ billion due to natural catastrophes in the first six months of the year
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AnalysisShipping losses at record low
Consequences of coronavirus and a sustained economic downturn could however threaten long-term safety improvement
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AnalysisCybercrime to cost global economy $6 trillion by 2021
UK, Germany and France among the countries most targeted by significant cyber attacks between 2006 and 2020 - Specops
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AnalysisEurope counts cost of severe June thunderstorms
Total economic losses from severe storms in Central Europe are likely to approach or exceed $100 million - Impact Forecasting
