All Risk News articles – Page 62
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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
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Analysis
Airmic Conference to go ahead in October
The conference will be a physical event in Brighton on 4 to 6 October with a focus on sustainability
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Analysis
Mental health: The next crisis
Tackling mental health is not just the right thing to do, but an essential exercise in risk management, according to International SOS’ Dr Rodrigo Rodriguez-Fernandez.
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Analysis
PPPs needed to insure systemic risk
Future climate and systemic risks remain a key challenge - Insurance Development Forum
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Analysis
Storm Christoph claim settled within ten hours
FloodFlash uses parametric cover to provide pay-outs to policyholders, using IoT sensors to monitor flood levels
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Analysis
Insurers complicit in ransomware rise - warning
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
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Analysis
Lloyd’s offers AI-enabled reputational risk cover
Product helps mitigate the risk to profitability posed by reputational crises and offers real-time threat insights
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Analysis
Nat cat losses cost $268 billion in 2020
Just 36% of the losses were covered by insurance, creating a protection gap of 64%, according to Aon
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Analysis
Unilever in supply chain living wage aim
Tackling societal inequality and raising living standards across the value chain are good for business and society, says food giant
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Analysis
Building resilience against winter storms
Ensure flood plans are up-to-date and any impact from COVID-19 (eg reduced staffing) is accounted for, urges FM Global
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Analysis
72% of risk managers responsible for reputation
As a largely uninsurable risk, risk professionals are seeking metrics to better measure, monitor and manage reputational risk