Business interruption claims are becoming more expensive, even as their frequency remains relatively stable. New analysis from Allianz Commercial highlights how concentrated production, rising recovery costs and dependence on critical suppliers are magnifying the financial consequences of disruption.
A strengthening El Niño is bringing drought, flooding and infrastructure stress across Latin America, with agriculture, mining, logistics and energy facing different risks by country and sector.
This alternative insurance is a vital tool for risk managers worldwide needing fast liquidity and more certainty in the face of climate volatility. A report from Generali, in partnership with the UNDP’s Insurance and Risk Finance Facility, shows how governments, businesses and critical services are building resilience in these high-risk ...
When Hurricane Melissa struck Jamaica as a Category 5 storm, satellite-based synthetic aperture radar provided near real-time, countrywide damage intelligence through cloud cover, enabling government and humanitarian teams to prioritise resources, accelerate decision-making and reach the hardest-hit communities faster.
In the face of record-breaking tremors last year, Taiwanese contract chipmaker TSMC held its ground. By safeguarding operations and reassuring global clients, this was a master class in resilience born out of preparedness.
Food, beverage and agriculture businesses are formalising continuity plans, but confidence has fallen as risks spread across operations and gaps in resources and insurance protection persist.
Businesses must become more focused on mitigation as hail increasingly drives billion dollar insured loss events, says chief executive
WTW’s Arash Nassirpour and Elide Pantoli look at the reasons behind building failures, highlighting the ongoing need for seismic risk assessments, retrofitting and improved construction codes; and the implications these have in other earthquake vulnerable cities around the world.
Facing escalating geopolitical tensions and climate conditions, the maritime industry faces increasing vulnerabilities to disruption. AI and data analytics are stepping in to support future transformation, says Alice Kwok.
Asia has powered the global economy, yet disaster preparedness remains its greatest vulnerability. Resilience, not growth alone, will defi ne the future.
Offering speed, flexibility and a way to close protection gaps, parametric insurance is gaining ground as a valuable complement to traditional cover, says Steve Harry, managing director of parametric solutions UK at Marsh Risk Analytics.
Data centres are at the heart of the digital economy, but rapid growth, energy constraints and evolving risks are testing their resilience. At an SR:500 event in partnership with FM, experts discussed the challenges facing the sector and how risk managers are responding.
Getting to grips with interconnectedness means identifying the intricate links between the threats we face, then mapping, understanding and preparing for them. Our webinar sought to untangle this complex issue. Sara Benwell reports back.
A panel of thought leaders flag that linking risk management strategies to specific business objectives could prove pivotal in securing leadership investment for risk mitigations outside of compliance tick boxes
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions