Risks – Page 11
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Analysis
Zurich teams up with South Pole to support clients’ net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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Analysis
Governments are boosting domestic supply chains - BSI
New regulations emphasise financial sustainability as firms grapple with trade disruption and inflation
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Analysis
Food and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
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Analysis
Supply chains have not fully recovered from disruptions
A shortage of skilled labour is a compounding concern within construction, manufacturing and healthcare
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Analysis
Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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Analysis
Business leaders caught in “onslaught of interconnected risks”
Economic concerns top Aviva’s risk index, as net business confidence in the UK economy plummets
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Analysis
EU introduces raft of cyber legislation amid ‘red tape’ warnings
Latest ransomware victims include a German children’s food manufacturer and a global Tier1 automotive supplier
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Analysis
Renewable energy sector faces ‘new trilemma’
Unsettled macroeconomics, energy demand and net zero pressures are escalating risk management and ESG as key issues
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Analysis
Emerging risk must be the responsibility of all
Insurance sector must ‘stay curious and think ahead’ to cope with emerging risks, rather than simply passing the buck to other industries
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Analysis
Financial services firms lack responsible AI strategies - study
71% of organisations state that AI ethics and responsible AI are not a core part of their operational strategies
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Analysis
‘Green shoots’ as insurance pricing begins to soften - Airmic
The pace of increase in directors’ and officers’ liability insurance premium rates is slowing
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Analysis
Fintech Revolut appoints team to adjust culture
The company has confirmed it is in the process of updating its culture and value statement
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Analysis
IoT explosion presents massive (and growing) cyber exposure
Just 4% of experts worldwide are “confident” that connected devices are properly secure, warns WEF
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Opinion
The year operational resilience became a boardroom priority
Resilience is not a one-time box-tick exercise but an ongoing journey that begins with data and culture
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Analysis
Allianz Risk Barometer: Fallout from global crises dominates survey
Inflation, financial market volatility, a looming recession and the energy crisis are top risers for 2023
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Analysis
Davos: Pressures on food, energy and inflation may be peaking
But growth prospects remain “bleak” in Europe and geopolitical tensions will continue to shape the global economy
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Analysis
Royal Mail ‘cyber incident’ causes widespread disruption
Ransomware attacks have risen sharply since Russia’s 2022 invasion of Ukraine
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Analysis
Demand for BII shoots up after COVID test cases
Insurance class to see a period of “growth and stability”, but appetite for pandemic cover remains muted
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Analysis
UK’s Net Zero Review calls for business incentives
Firms must be encouraged to invest in decarbonisation, says review, as IoD asks for leadership from government
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Analysis
Recession to prompt rise in claims and disputes
Law firm cites climate change, ESG and cyber exclusions as key sources of concern for insurers