Analysis – Page 37
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AnalysisFinancial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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AnalysisSedgwick in flood resilience push
A combination of recoverable and resistant measures for properties could avoid the high cost for future floods
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AnalysisGovernments most targeted by ransomware attacks
The government sector was most affected by ransomware attacks in 2020, followed by banking and manufacturing
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AnalysisLessons from the Super League fiasco
The backlash against the Super League is a “perfect example” of how to destroy trust and reputation in the blink of an eye - BCI
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AnalysisFERMA welcomes EU sustainability reporting proposal
FERMA calls on the Commission to employ corporate language in its standard, referring to enterprise risk management
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AnalysisGlobal climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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AnalysisRansomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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AnalysisRisk sector must embrace new skills
Airmic’s new CEO Julia Graham on her priorities for 2021 and the association’s plans to host a physical conference in Brighton in October
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AnalysisFrance/Austria amongst hardest hit by insolvencies
Global corporate bankruptcies are forecast to increase by 26% in 2021 as fiscal support is gradually phased out
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AnalysisSupply chain professionals lack proper risk tools
Despite the growing fragility of a complex global supply chain, there is poor investment in risk management and ESG tools - IHS Markit
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AnalysisBrexit: Over 440 financial firms have relocated
Study finds over £900 billion in bank assets and £100 billion in insurance funds have been moved from the UK to the EU
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AnalysisCyber: Critical industries bombarded during pandemic
As firms scaled-up cloud computing during lockdown, they did not always scale up their security processes at the same rate
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AnalysisReport quantifies reputational impact of ‘grey swans’
In over 10% of crises in recent years - including COVID-19, 9/11 and the GFC - more than 50% of shareholder value was destroyed
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AnalysisGVNW urges action on pandemic risk solution
German insurance buyers’ association calls for immediate discussion at an EU and national level
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AnalysisIoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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AnalysisCOVID-19 a “foretaste” of climate shocks
Effective governance is at the heart of addressing climate risk and transitioning to a low carbon economy - Clyde & Co
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AnalysisAsset-light economy presents new, disruptive risks
Corporations are holding more risk on their balance sheets as the value of intangible assets and potential for systemic risk grows
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AnalysisSuez backlog presents further disruption
Brexit, the pandemic and recent Suez Canal blockage have brought into question lean manufacturing philosophies
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AnalysisDigital disruption tops banks' emerging risks
Untimely adoption may drive sudden changes to information security, change management, business continuity and third-party risk exposures
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AnalysisSocial inequality shapes political risk map
Pandemic-induced economic stress will continue to exacerbate global political risk throughout 2021, according to Marsh
