Analysis – Page 17
-
Analysis
Russia and China behind majority of state-sponsored cyber attacks
The private sector suffered from 37 state-sponsored cyberattacks so far in 2022 as hackers target companies for monetary gains
-
Analysis
FM Global offers policyholders $300m resilience credit
The credit will be applied as a 5% premium offset against policies with renewals between 1 October 2022 and 30 September 2023
-
Analysis
NHS hit by massive ransomware attack
The latest attack on the NHS 111 system has been confirmed to be a ransomware attack on a managed service provider
-
Analysis
Economic stresses drive social unrest in LatAm
Some countries have seen as much as a tripling in social unrest on the back of increasing inflation
-
Analysis
Cyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
-
Analysis
Global commercial insurance rates up 9% in Q2
This is the 19th consecutive quarter of increases with cyber insurance pricing continuing to rise significantly
-
Analysis
Howden to buy French broker CRF
It is Howden’s first acquisition in France since appointing Nicolas Aubert as CEO, Howden France
-
Analysis
Effects of climate change evident in H1 cat events
The record-high temperatures in many parts of Europe is expected to drive further losses caused by droughts and wildfires
-
Analysis
Russian gas cut off would backfire - Dragonfly
A short-term suspension is possible, but Russia is unlikely to risk losing a crucial revenue stream longer-term
-
Analysis
Europe counts cost of extreme heat, drought and wildfires
In many parts of Europe, human-caused climate change has resulted in annual average temperatures rising by more than 1.5°C - Munich Re
-
Analysis
Lloyd’s, Aon examine long-term impacts of Ukraine conflict
Ability of businesses to diversify and ‘hedge’ portfolios and supply chains to reduce dependencies are key to minimising risk exposure
-
Analysis
Calls for solar industry to mitigate fire risk
With the number of PV installations dramatically increasing around the world, the threat of fire is growing
-
Analysis
JBA issues stark UK flood warning
Cost of severe flood events could rise by up to 42% by 2050 due to climate change
-
Analysis
Black Sea grain deal will ease supply bottlenecks
UN Secretary General Antonio Guterres has hailed the accord a “beacon of hope”
-
Analysis
Lack of affordable cover a ‘significant barrier’ to SME growth
The cost of insurance should not be excluded from the cost of doing business debate, says FSB director
-
Analysis
World ‘unprepared’ for magnitude of cascading climate risks
As the intensity of heatwaves, storms and floods speeds up, so do the time horizons for rising global instability, warns Maplecroft
-
Analysis
European storms drive 1H catastrophe losses - Aon
First-half Severe Convective Storm (SCS) losses in Europe exceeded $5 billion for the second year in a row
-
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
-
Analysis
Russian gas cut-off would be uninsured - Fitch
The limited scope of BI insurance was highlighted when many firms were disrupted by pandemic-related restrictions
-
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