All risk news articles – Page 11
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Analysis
Cyber: Banning ransoms is a ‘blunt policy instrument’
A ban could encourage ransomware attackers to engage in new, more malicious forms of extortion, warns Geneva Convention
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Analysis
Germany at severe risk of flood as temperatures rise
A quarter of the world’s power generation capacity and 26% of international port outflows are currently at risk of flooding, finds Marsh McLennan
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Analysis
Fire/explosion and nat cats remain top drivers of claim severity
Contingent BI claims spike due to broken supply chains, cyber claims remain elevated and inflation will add to claims severity, finds AGCS
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Analysis
Supply disruption rises as Rhine levels fall
Water levels are at their lowest for the time of year since 2007, limiting the commodities that barges can carry
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Analysis
The metaverse will support ‘shift from risk indemnity to risk mitigation’
Use of the metaverse for the insurance sector is “evolving at pace”, says Accenture’s global insurance lead
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Analysis
Despite inflation: cost advantage of renewables grows
Wind and solar projects are much cheaper than new coal or gas-fired power plants, despite rising construction costs
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Analysis
AGCS integrates captive solutions into expanded multinational offering
Henning Haagen will oversee the new team with Guy Money promoted to global head of Multinational Business
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Analysis
Tech is key to tackling financial fraud - FCA
FCA CEO Nikhil Rathi says data and technology are essential to fighting the rising tide of fraud
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Analysis
Insurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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Analysis
Food recalls back to pre-pandemic levels - RQA
Over 400 million units of recalled products were reported by the US FDA between January and June
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Analysis
Claims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion for the first time, with the UK and France showing strong growth in Europe
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Analysis
CFC issues ransomware warning to SMEs
The ‘BazarCall’ attack is responsible for an increasing number of malware infections observed by CFC over the past three months
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Analysis
Cyber extortion grows in sophistication, warns Beazley
Data exfiltration is now prevalent in a significant majority of incidents as extortion techniques become increasingly complex
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Analysis
Insurers must build new, data-led markets
Imagination is needed by corporate risk managers to deliver outcome-based solutions, say panellists
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Analysis
FERMA calls for EU-level cyber resilience push
Paper draws attention to the ‘cyber insurance gap’ and ongoing treatment of captives under Solvency II
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Opinion
What’s causing the shift towards systemic and counterparty risks?
It is no coincidence that risk management is now very high on the agenda of financial institutions across buy side and sell side
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Analysis
UK: Johnson’s exit creates ‘policy vacuum’
A more pragmatic approach to the Northern Ireland protocol would lower the risk of a trade war with the EU
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Analysis
NCSC warns CISOs of staff burnout during Russia-Ukraine conflict
Businesses must prepare for the ‘long haul’ against a backdrop of increased cyber threats
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Analysis
Cost of living crisis fuels risk of fraud
Amid “perfect conditions” for fraud to flourish, boards must improve controls and better harness the skills of internal auditors
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Analysis
Supply chains are losing the ‘ability to absorb shocks’
Erosion of traditional buffer mechanisms to ensure continual supply of goods demands a new assessment of potential risks