Corporate risk managers want marine insurers to move beyond traditional cargo cover and play a broader role in building supply chain resilience as geopolitical disruption, sanctions, cyber threats and longer transit routes intensify.
Chinese countermeasures against a major supply-chain due diligence body are beginning to collide with rare-earth trade, creating new problems for businesses trying to meet different regulatory requirements across global supply chains.
A £4.7m fine against Citibank’s London branch exposes how sanctions controls came under strain as alert volumes surged following Russia’s invasion of Ukraine.
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.
‘The more you mitigate claims, the more risk you can take on your balance sheet – and then insurance becomes a stopgap insurance, as opposed to just something I need for day-to-day activity,’ says division managing director
David Ferbrache of Beyond Blue argues that as geopolitical conflict increasingly spills into the digital domain, organisations in critical supply chains must prepare for destructive cyber attacks designed to disrupt, disable and destabilise.
The SR:500 Emerging Risks survey reveals a landscape dominated by accelerating and interconnected threats. Against this backdrop, risk management must be embedded earlier in decision making to strengthen resilience.
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.
Asia has powered the global economy, yet disaster preparedness remains its greatest vulnerability. Resilience, not growth alone, will defi ne the future.
AXA XL is enabling businesses to tackle everything from natural disasters to cyber threats with smarter tools, clearer insights and joined-up strategies between risk managers and insurers.
Four risk experts explore how organisations can quantify risk against business objectives, demonstrate the return on investment of risk management and use AI and modern GRC tools to support better strategic decisions, while retaining the human judgement needed to turn data into meaningful insight.
In partnership with 
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