Risks – Page 13
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AnalysisOnly 20% of firms feel prepared for supply chain disruptions - study
Socio-economic changes and shifting consumer demands are among some of the challenges facing organisations
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AnalysisUK’s Pool Re welcomes new duty of care Law
Locations with a capacity of 800 or over will require a risk assessment and implementation of a security plan
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AnalysisExpect more scrutiny on carbon-intensive industries in 2023 - Clyde & Co
Corporates and governments will increasingly be held to account for climate-related human rights failings
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AnalysisAGCS launches dedicated ESG division
Gabrielle Durisch will join from Zurich Insurance Group in April 2023 as global head of ESG & Sustainability Solutions
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AnalysisNuclear verdicts show no sign of slowing
Drivers include rising corporate mistrust, growth in litigation funding and fake advertising
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AnalysisOver half of cyberattacks originating in Russia target the US
The UK, Canada, and Germany are among other top targets with IT firms and NGOs the most exposed
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AnalysisUnderinsured or underinformed?
Increasing numbers of business owners are underinsured for their commercial property – but is this a deliberate decision?
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AnalysisInsurance sector ‘perfectly positioned’ for carbon removal action
Swiss Re’s senior risk manager advises underwriters to not be ‘scared’ of providing cover for carbon removal
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AnalysisInsurer targeted over controversial Adani coal project
Activists received a tip-off that Probitas1492 is insuring the Adani Carmichael’s thermal coal project rail line, haulage operation and port
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Analysis2023 will bring heightened levels of unrest
Further geopolitical disruption expected as crisis management teams remain in ‘perma-crisis’ mode
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AnalysisESG presents ‘significant exposure’ for D&Os
Fallout from a global recession, lax cyber security and an uptick in litigation are other key risk drivers for 2023
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AnalysisDemand for contract frustration grows as economy deteriorates
Cost of insurance against defaults on sovereign debt jumps by 102% as corporates also seek cover for cancelled contracts
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Analysis2023 a “gamechanger” for European class actions
New EU directive will make it easier for individuals to take part in collective redress actions, warns Clyde & Co
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AnalysisThe Climate School launches module for risk managers
Airmic and AXA Climate back training for risk specialists preparing their companies for climate risks
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AnalysisGeopolitics to heighten travel and security risks in 2023
Some firms are poorly equipped to mitigate the risks posed to business assets and personnel, warns Healix
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AnalysisAirmic: Supply chain crisis calls for innovative risk transfer
Association’s new toolkit asks 12 key questions to help directors keep pace with an increasingly complex risk landscape
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AnalysisCyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has ’had to grow up’, but balancing regulation and value propositions is tricky
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AnalysisTwo thirds of SMEs are ‘fighting for survival’ - WEF
Business leaders mention low margins, issues around growth, and clients/consumers as the main pressure points
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AnalysisCompanies with higher ESG ratings are a better risk - study
Environmental ratings have the strongest correlation with loss ratios, according to the analysis by Howden and Fidelis
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AnalysisFCA fines Julius Baer £18m over ‘corrupt relationship’
Regulator bans senior executives after the bank’s ”improper” deal with an employee at a bankrupt Russian oil group
