Analysis – Page 40
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AnalysisEU urged to avoid tighter rules on sustainable corporate governance
FERMA and trade body EuropeanIssuers have reiterated calls to embed sustainability into existing processes and frameworks
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AnalysisEIOPA moots multi-peril risk pools
Capital markets could be an additional layer of risk transfer to improve society’s capacity for bearing business interruption risk
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AnalysisSpanish snowfall claims to reach €1.8 billion
Storm Filomena brought wintry conditions and cold temperatures not seen in Spain in two decades - Impact Forecasting
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AnalysisBI take-up drops after claims rejections
The UK supreme court business interruption ruling “may save insurers’ reputations” in long run - survey
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AnalysisIRM sets out risk agenda for 2021
“Risk management has been at the heart of the global response [to COVID-19] and our profession is firmly in the spotlight”
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AnalysisFERMA: Risk managers best placed to monitor supply chain ESG
FERMA has called upon the European Commission to consider the views of risk managers in its reflections on sustainable corporate governance
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AnalysisUK firms underinsured for flood risk
Nearly three quarters of businesses are aware of their flood risk, but less than half have comprehensive flood cover
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AnalysisUS GDP forecast to grow 4.2%
Atradius anticipates a ‘robust economic rebound’ following the change of administration, but cautions that downside risks still remain
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AnalysisLloyd’s launches systemic risk initiative
The COVID-19 pandemic has highlighted gaps in the knowledge, understanding, and mitigation of systemic and black swan risks
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Analysis2020 nat cat tally hits $78 billion
Hurricane Laura caused an insured loss of $8 billion to 9 billion, the largest weather-related loss event - Willis Re
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AnalysisCOVID-19 prompts “evolution in risk management”
Prior to COVID-19, a pandemic/health crisis was not a ‘top ten’ risk for 82% of firms globally - risk survey
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AnalysisCyber: Lessons from the Sunburst hack
The SolarWinds attack has awoken risk managers to the threat of Trojan-Horse type supply chain incidents
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AnalysisStorm Christoph claim settled within ten hours
FloodFlash uses parametric cover to provide pay-outs to policyholders, using IoT sensors to monitor flood levels
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AnalysisLloyd’s offers AI-enabled reputational risk cover
Product helps mitigate the risk to profitability posed by reputational crises and offers real-time threat insights
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AnalysisNat cat losses cost $268 billion in 2020
Just 36% of the losses were covered by insurance, creating a protection gap of 64%, according to Aon
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AnalysisUnilever in supply chain living wage aim
Tackling societal inequality and raising living standards across the value chain are good for business and society, says food giant
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AnalysisBuilding resilience against winter storms
Ensure flood plans are up-to-date and any impact from COVID-19 (eg reduced staffing) is accounted for, urges FM Global
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Analysis72% of risk managers responsible for reputation
As a largely uninsurable risk, risk professionals are seeking metrics to better measure, monitor and manage reputational risk
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AnalysisHurricane risk in 2050
Study assesses the likely impact of climate change on hurricane severity and storm surge over the next 30 years
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AnalysisClimate change to transform renewable risk landscape
Overcoming barriers to scale, regulatory scrutiny and potential future litigation are key challenges for risk managers in the sector
