Analysis – Page 45
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AnalysisGlobal insurance protection gap reaches $1.24 trillion
The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 - Swiss Re Institute
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AnalysisCOVID-19: Political and economic outlook deteriorates
The COVID-19 pandemic’s economic and social impacts are driving significant shifts in global political risk - Marsh JLT Specialty
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AnalysisRisk managers must heed COVID supply chain lessons
Among the key lessons from the crisis, RQA Group says there will be a move towards shorter, more localised supply chains and less reliance on the Far East
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AnalysisThe Herculean task of rebuilding Beirut
Lessons learned in the aftermath of the Tianjin port explosion in 2015 will be particularly significant in Beirut, says Crawford’s Benedict Burke
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AnalysisHurricane Isaias claims up to $5 billion - RMS
Isaias was the ninth named storm of the 2020 North Atlantic hurricane season, affecting parts of the Caribbean and US east coast
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AnalysisWinterstorm Victoria insured loss rises to €344m
The storm, also known as “Dennis”, affected the British Isles and north-western Europe from 15 to 17 February 2020 and occurred six days after extratropical cyclone Sabine
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AnalysisLong-term governance failures caused Beirut blast
Governmental shortcomings were to blame for the explosion in Lebanon, according to risk experts, who say lessons can be learned from the incident
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AnalysisResearch predicts dramatic increase in wildfire risk
By 2030-2040 climate change will prolong wildfire seasons, adding a month in European countries including Spain, Portugal and Greece
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AnalysisBeirut port disaster loss to impact global insurers
Observers are drawing comparisons with the 2015 explosion in the Chinese port of Tianjin, which highlighted accumulation exposures in ports - AM Best
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AnalysisHard market to prompt captive growth
Firming commercial insurance prices and impacts from COVID-19 could present opportunities for the captive insurance segment - AM Best
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AnalysisFlood damage erodes companies’ long-term value
Stock price of damaged firms drops 5% in the year following major floods as investor confidence declines - research
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AnalysisFERMA welcomes EIOPA pandemic resilience paper
EIOPA paper proposes options for public-private partnerships to be explored at national and European level
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AnalysisStudy recommends new approach to supply chain risk
Researchers from UB School of Management say their framework would have benefitted organisations as the coronavirus pandemic hit
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AnalysisDue diligence the key for third-party risks
Research from Refinitiv reveals 43% of third-party relationships are not subject to any form of due diligence checks
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AnalysisNat cats cost global economy $75 billion in 1H 2020
Insurers paid out $30+ billion due to natural catastrophes in the first six months of the year
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AnalysisStrengthening business resilience after COVID-19
The speed with which the crisis unfolded meant companies had to improvise, because their crisis-response plans were too rigid and slow - Arthur D Little
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AnalysisCOVID-19: Construction insurance rates harden
In Europe, rate increases from previous months have been aggravated due to the consequences of COVID-19
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AnalysisTwitter hack exposes potential for reputational harm
The confluence of COVID-19 and advanced social engineering techniques poses a growing threat - CyberCube
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AnalysisCOVID-19: Three quarters have experienced supply chain disruption
Two-thirds of organisations plan to source goods more locally post-pandemic, reducing reliance on the Far East - BCI report
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AnalysisShipping losses at record low
Consequences of coronavirus and a sustained economic downturn could however threaten long-term safety improvement
