Analysis – Page 49
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Analysis
Prevent losses at idle factories - FM Global
Fires, vandalism, theft, flooding and stormy weather could leave understaffed facilities vulnerable
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Companies “drastically unprepared” for supply chain disruption - survey
66% of respondents say they should be assessing more than three quarters of their top tier vendors but aren’t doing so
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COVID-19: BI policies not fit for purpose - Ludlow
Business interruption needs to cover a broader range of intangible perils, argues Airmic CEO John Ludlow
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Eurozone manufacturing plummets
”Large swathes of manufacturing could see downturns of the likes not seen before” - IHS Markit
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Interview: Cyber exposures for a coronavirus age
As businesses around the world come to terms with a dispersed, remote workforce, Raf Sanchez, international breach response manager at Beazley, considers the cyber exposures
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Analysis
Marriott reveals new breach: 5.2 million exposed
The new compromise follows a major breach of up to 339 million guests, discovered in 2018
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Fitch puts Lloyd’s of London on negative watch
The rating watch negative reflects “uncertainty and increased risk to Lloyd’s earnings and underwriting performance due to claims emanating as a result of the COVID-19 pandemic”
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COVID-19: Reducing the manufacturing supply chain impact
Manufacturing companies must assess and devise strategies to reduce the impact of COVID-19 - SpendEdge
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PERILS pegs winter storm losses at nearly €2 billion
Extratropical cyclones Sabine and Victoria were the 12th and 13th named storms of a very active 2019–20 European windstorm season
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COVID-19: Car firms switch to ventilators
As they deal with the “worst crisis ever to impact the automotive industry”, firms are adapting their assembly lines to produce ventilators and other medical equipment
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WTW launches COVID-19 tracking tool
Willis Towers Watson has updated its Global Peril Diagnostic modelling tool to provide up-to-date information on confirmed global COVID-19 cases alongside clients’ property portfolios.
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IRM and IOR - COVID-19 joint response
Covid-19 will be a ‘landmark’ case in how society deals with mega risks, but it is unlikely to be a one-off
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WEF: COVID-19 prompts new supply chain thinking
China seems to be seeing the light at the end of the tunnel of fighting the COVID-19 outbreak domestically, but there is much more work to be done for companies to resume normal productions and reconfigure their supply chains
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Covid-19: Home working heightens cyber risk
With remote working being encouraged by many governments during the Covid-19 pandemic, businesses are being urged to think about the heightened cyber risk they may face as a result.
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New kit battling supply chain risk
Supply chain risk is increasing as the coronavirus epidemic continues to spread across the globe. A new tool from riskmethods aims to assist risk managers fight the issue.
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The cost of extreme weather events to rise by 20 per cent thanks to climate change
New research from the Cambridge Centre for Risk Studies demonstrates why businesses must get to grips with climate change.
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The lessons for risk managers from the greatest risk events of 2019
2019 was another eventful year in the risk calendar with major incidents occurring around the globe and caused both by man and nature. The risks faced by organisations continue to multiply and evolve so here we look at some of the significant events of last year and highlight the key ...
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How risk managers are preparing the possibility of a recession
As some market experts report hearing the distant, but undoubtedly chilling, growls of an approaching global downturn, we ask how much risk managers can really do to protect their businesses from being savaged.
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Reflecting on five years at the helm of AMRAE
As Brigitte Bouquot enters her last six months as president of Amrae, StrategicRISK caught up with her to find out how risk management has changed in the five years she’s been in office and what she thinks lies ahead
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Analysis
How the insurance model is coping with lasting negative rates and protectionist sanctions
Ahead of his speech at the Amrae conference, Strategic Risk spoke to Hervé Houdard, managing director at Siaci Saint-Honore to find out how the insurance market is transforming to deal with rising protectionism and persistently low interest rates and – critically – what the changes mean for risk managers