All Risk News articles – Page 31
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Analysis
Lack of affordable cover a ‘significant barrier’ to SME growth
The cost of insurance should not be excluded from the cost of doing business debate, says FSB director
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Analysis
World ‘unprepared’ for magnitude of cascading climate risks
As the intensity of heatwaves, storms and floods speeds up, so do the time horizons for rising global instability, warns Maplecroft
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Analysis
European storms drive 1H catastrophe losses - Aon
First-half Severe Convective Storm (SCS) losses in Europe exceeded $5 billion for the second year in a row
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Analysis
Cyber: Banning ransoms is a ‘blunt policy instrument’
A ban could encourage ransomware attackers to engage in new, more malicious forms of extortion, warns Geneva Convention
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Analysis
Russian gas cut-off would be uninsured - Fitch
The limited scope of BI insurance was highlighted when many firms were disrupted by pandemic-related restrictions
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Interviews
The bridge builder
Our industry is still misunderstood, says Risk-!n co-founder Stéphane Martin. We need to push the ‘manage’ into risk management
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Analysis
Germany at severe risk of flood as temperatures rise
A quarter of the world’s power generation capacity and 26% of international port outflows are currently at risk of flooding, finds Marsh McLennan
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Analysis
Fire/explosion and nat cats remain top drivers of claim severity
Contingent BI claims spike due to broken supply chains, cyber claims remain elevated and inflation will add to claims severity, finds AGCS
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Analysis
European wildfires rise 75% YOY
As wildfires have only recently been considered a material peril, the modelling is not as developed
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Analysis
Supply disruption rises as Rhine levels fall
Water levels are at their lowest for the time of year since 2007, limiting the commodities that barges can carry
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Analysis
The metaverse will support ‘shift from risk indemnity to risk mitigation’
Use of the metaverse for the insurance sector is “evolving at pace”, says Accenture’s global insurance lead
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Analysis
Despite inflation: cost advantage of renewables grows
Wind and solar projects are much cheaper than new coal or gas-fired power plants, despite rising construction costs
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Analysis
AGCS integrates captive solutions into expanded multinational offering
Henning Haagen will oversee the new team with Guy Money promoted to global head of Multinational Business
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Analysis
Tech is key to tackling financial fraud - FCA
FCA CEO Nikhil Rathi says data and technology are essential to fighting the rising tide of fraud
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Analysis
Insurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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Analysis
Where risk meets sustainability
Both risk and sustainability management should be embedded in the ways organisations operate if they are to succeed sustainably
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Analysis
Insurers adapt underwriting to better price climate risks
Conduct risks such as ‘greenwashing’ stand to be major source of environmental liability claims
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Analysis
Food recalls back to pre-pandemic levels - RQA
Over 400 million units of recalled products were reported by the US FDA between January and June
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Analysis
Claims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion for the first time, with the UK and France showing strong growth in Europe
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Analysis
CFC issues ransomware warning to SMEs
The ‘BazarCall’ attack is responsible for an increasing number of malware infections observed by CFC over the past three months