All Coronavirus articles – Page 6
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Analysis
The ART of renewals
Alternative risk transfer and parametric solutions can offer more than just relief from a hard market
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Analysis
GVNW: Public-private backstop is vital
Chairman Alexander Mahnke is frustrated a backstop for extreme events, such as pandemics, cyber and natural catastrophes, has not yet emerged
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Analysis
Hurricane Ida claims could reach $30 billion
Flooding has seen homes evacuated, businesses shut down and widespread power outages
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Analysis
COVID prompts supply chain ‘overhaul’
Automotive industry has taken the strongest hit as a result of production stoppages and trade restrictions - EIU
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Analysis
Covid-19 drives losses of £2bn for Lloyd’s
’Financial pressures will continue to affect businesses’ as economies emerge from the pandemic - Insurance DataLab
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Analysis
2021 on target for economic growth of 6.2% - Atradius
Pace of recovery is “generally surprising” among advanced markets, but new COVID variants pose a threat
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Analysis
Boards sharpen focus on external risks - McKinsey
Directors seeking to identify risks that can “test a company’s resilience”, including political risk and the climate crisis
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Analysis
The reinvention of supply chains
Near shoring and technology will shape the post-COVID supply chain, thinks AXA XL’s Pascal Matthey
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Analysis
Port closure signals further strain for global trade
Partial closure at China’s Port Ningbo adds to global supply chain woes, threatening $172 billion of goods - Russell Group
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Analysis
Sustainable procurement intrinsic to robust supply chains
Sustainability initiatives ensured 63% of buyers and 71% of suppliers were stronger through the pandemic - survey
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Analysis
UK government launches event cancellation scheme
Several syndicates in the Lloyd’s market, including Arch, Beazley, Dale Underwriting, Hiscox and Munich Re, are supporting the initiative
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Analysis
COVID continues to fuel political unrest - Aon
Extremists and activists from across the spectrum are evolving their narratives, finds 2021 Risk Map
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Opinion
Beware the catastrophe COVID clash
A major catastrophe impacting Florida, California, Texas, Missouri, or Louisiana could be complicated by COVID-19
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Analysis
Resilience agenda gains ‘new urgency’
Geopolitical uncertainty and ESG are impacting strategic and operating decisions for ICT firms like never before - WTW
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Analysis
Pool Re forms advisory group for systemic risks
12 members have joined the group, planning to act to protect the UK economy as ‘when the next risk comes, we must be ready for it’
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Analysis
COVID-19 forced firms to ‘cut corners’
Under mounting pressure to increase revenue and profits, with just 40% of European organisations carrying out adequate due diligence - Refinitiv
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Analysis
Piloting post-COVID aviation trends
New generation aircraft bring benefits but higher repair costs while airlines prepare for a paradigm shift in traveling - Allianz
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Analysis
Half of businesses ‘feel more resilient’ than a year ago
Sector attitudes to risk vary, finds Beazley, with those hardest hit by lockdown restrictions feeling less resilient
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Analysis
International SOS highlights ‘gaps’ in crisis management
Too many firms were unprepared for the global pandemic due to delayed response time and lack of clear roles
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Analysis
South China port disruption could last months
Delays in Guangzhou, Yantian, Shenzhen, Shekou and Nansha are being compared to the Suez blockage