All business continuity articles
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NewsFelixstowe strike to impact $800m in trade
The 8-day strike will add to current supply chain woes, with Maersk warning of a ‘significant impact’
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Hydrogen: insurance supporting the evolution of a new energy economy
With the hydrogen economy poised for take-off, the insurance industry has a crucial role in supporting its end-to-end growth
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As wildfires rage, firms urged to prepare contingencies
Top business continuity and safety considerations include need for stand-fast alternatives and financial constraints
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Russia and China behind majority of state-sponsored cyber attacks
The private sector suffered from 37 state-sponsored cyberattacks so far in 2022 as hackers target companies for monetary gains
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FM Global offers policyholders $300m resilience credit
The credit will be applied as a 5% premium offset against policies with renewals between 1 October 2022 and 30 September 2023
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NHS hit by massive ransomware attack
The latest attack on the NHS 111 system has been confirmed to be a ransomware attack on a managed service provider
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Economic stresses drive social unrest in LatAm
Some countries have seen as much as a tripling in social unrest on the back of increasing inflation
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Reputation in an era of state-sponsored attacks
Managing the reputational fallout from being the subject of a cyber attack is an aspect that is often overlooked
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Hope for the best, prepare for the worst
Today’s volatile risks will impact your supply chain in unique ways; here are three areas to consider
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Russian gas cut off would backfire - Dragonfly
A short-term suspension is possible, but Russia is unlikely to risk losing a crucial revenue stream longer-term
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Europe counts cost of extreme heat, drought and wildfires
In many parts of Europe, human-caused climate change has resulted in annual average temperatures rising by more than 1.5°C - Munich Re
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Lloyd’s, Aon examine long-term impacts of Ukraine conflict
Ability of businesses to diversify and ‘hedge’ portfolios and supply chains to reduce dependencies are key to minimising risk exposure
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Calls for solar industry to mitigate fire risk
With the number of PV installations dramatically increasing around the world, the threat of fire is growing
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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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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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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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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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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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Preparing for another active hurricane season
Power and comms outages and supply chain disruptions should be among key business continuity considerations, says International SOS
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Can we fix our supply chains?
Like recessions, supply chain disruptions are inevitable. We may be unable to prevent them, be we can lessen their duration
