All Risk News articles – Page 51
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Analysis
Lloyd’s: Insurers must address emerging geopolitical risks
New report calls for innovation around insurance for geopolitical risks to address the “significant protection gap”
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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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Expert Views
Sustainability: Time to invest in biodiversity
Nature-based solutions can help organisations achieve greater resilience in the face of a changing climate
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Analysis
Ida claims could reach $35 billion - RMS
Losses reflect property damage and business interruption to commercial, industrial, infrastructure and marine cargo among other classes of business
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Analysis
Germany most exposed country to river/coastal flood - Marsh
Climate change, economic and demographic trends and a chronic shortfall in resilience investment are driving the risk higher
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Analysis
AIR pegs Ida loss at up to $25 billion
Utility disruptions caused by lack of power, mobile data services, and water, could lead to Ida becoming a long-tailed event
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Analysis
Hurricane Ida devastation continues
Deadly flash floods have left a trail of further devastation, with energy and chemical sectors among those exposed to supply chain disruption
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Analysis
Insurer M&A dips in 1H 2021 - Clyde & Co
UK leads consolidation activity in Europe and is second most active worldwide behind the US, ahead of Spain and Germany
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Analysis
Insurers must attract talent from outside the industry
Sector must work harder to engage talent with a focus on ‘future gazing’ and a more digitised era
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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
Insurers lack ‘meaningful change’ around D&I
The Dive In 2021 festival will reveal a ‘big pool of talent that people don’t realise they are not tapping’, explains sister title Insurance Times
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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
Recall rates remained high in Q2 - Sedgwick
Corporates with global supply chains and a heavy reliance on efficient manufacturing are feeling the brunt
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Analysis
Supply chain woes hit UK firms
Manufacturing and hospitality are some of the sectors impacted by post-Brexit supply chain issues
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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
European flood claims could reach €6.5 billion - RMS
Germany is the dominant contributor of loss to the event with about 70 percent of the total loss, followed by Belgium with about 25 percent
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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
Losses of $25 billion expected from July floods
Catastrophic damage in Western Germany is expected to be Europe’s most costly weather event on record - Impact Forecasting
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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