All Strategic Risk Global articles in Online only – Page 70
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Analysis
EU 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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Opinion
NDBI: Exposed and unprotected
Caroline Woolley explains why it’s much better to play ‘let’s pretend you have a loss’, than trying to deal with expectation gaps after an event
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Analysis
EIOPA 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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Analysis
Spanish 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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Analysis
BI 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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Analysis
IRM 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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Analysis
FERMA: 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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Analysis
UK 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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Analysis
US 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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Analysis
Lloyd’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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Analysis
D&O protection gap grows as rates soar
Escalating premiums and lack of capacity could see firms refusing to purchase or reducing cover, leaving senior professionals on the hook for claims
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Analysis
2020 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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Analysis
Commercial insurance rates rise 22% in Q4 2020
Nearly all regions reported double-digit price increases, led by the UK (44%), Pacific (35%), and the US (17%)
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Analysis
Amrae: Risks rising for 46% of firms
89% have faced at least one risk that has threatened to destabilise their organisation in the past 12 months - QBE France
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Analysis
Hard market drives captive usage
Airmic urges insurers and brokers to place a stronger emphasis on claims capabilities at renewals
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Analysis
COVID-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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Analysis
MS Amlin Underwriting appoints CRO
Vishal Desai joins from the Bank of England, where he is acting head of division, general insurance risk specialists and chief actuary
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Analysis
In support of a green economy
Europe suffers from some of the most severe fossil-fuel-company insured losses in the world, according to PCS data
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Analysis
Cyber: 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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Analysis
Amrae: Time for insurers to rebuild trust
Ahead of Amrae’s virtual conference on 3 and 4 February, StrategicRISK spoke to the French risk association’s president Oliver Wild