All business interruption articles – Page 10
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AnalysisInsurer BI premiums insufficient for COVID losses - study
The pandemic exposed a massive protection gap in the area of business continuity risk, according to the Geneva Association and University of St Gallen
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AnalysisAirmic welcomes insurer’s decision to drop appeal
“Market turns are cyclical, and underwriters should keep squarely in mind their relationships with their insurance buyers for the future”, says Julia Graham
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AnalysisWide area damage principle is key to quantifying BI claims
An uptick in COVID-related BI claims is expected following the UK FCA test case, primarily from the hospitality sector
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AnalysisHow COVID-19 is reshaping the risk landscape
The pandemic will shape future loss trends with changes to working environments, travelling habits and supply chain networks, predicts AGCS
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AnalysisFCA files ‘leapfrog’ BI appeals
The ‘leapfrog’ application has been filed on a “precautionary basis” by the UK regulator and seven insurers
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Expert ViewsFuture of insurance: Non-damage business interruption
With intangible assets making up an increasing proportion of an organisation’s value and wider and more vulnerable supply chains than ever before, businesses are open to interruptions in new and more complex ways.
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AnalysisCyber protection gap widening
Flattening market trend is “at odds” with a heightened threat environment - Guy Carpenter
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AnalysisHigh Court rules in favour of FCA in BI test case
However, participating insurers will not be liable for all claims and individual policies will need to be reviewed carefully alongside the published judgement
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AnalysisAirmic welcomes BI test case ruling
Ruling is to the benefit of businesses, risk professionals and insurance buyers, states UK risk management association
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AnalysisStrategicRISK Australia: 2020 edition
It is time to show that risk managers are essential partners and business enablers within our organisations as we navigate these challenging times
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AnalysisOxford University to research cyber resilience
Willis Towers Watson is partnering with the university to conduct research into the cost of equity arising from severe cyber breaches
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AnalysisEurozone to benefit from reshoring - sigma
Global supply chains are undergoing fundamental and accelerated restructuring, with re-shoring a growing trend in Europe
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AnalysisMahnke “cautiously optimistic” over pandemic risk solution
GVNW president Alexander Mahnke warned of futher economic challenges to come at the association’s virtual symposium
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AnalysisHurricane Isaias claims up to $5 billion - RMS
Isaias was the ninth named storm of the 2020 North Atlantic hurricane season, affecting parts of the Caribbean and US east coast
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AnalysisFERMA welcomes EIOPA pandemic resilience paper
EIOPA paper proposes options for public-private partnerships to be explored at national and European level
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AnalysisCybercrime to cost global economy $6 trillion by 2021
UK, Germany and France among the countries most targeted by significant cyber attacks between 2006 and 2020 - Specops
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Case StudiesMitigating the risks of re-tooling
How HARTMANN Group’s risk profile changed when it increased sanitiser production at the start of the COVID outbreak.
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AnalysisAirmic welcomes Lloyd’s recovery proposals
Proposals include solutions for non-damage business interruption and systemic catastrophe events
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AnalysisFCA names eight insurers in BI test case
Test case will consider the validity of insurers denying business interruption claims in the wake of the coronavirus pandemic
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AnalysisUK Pandemic Re group appoints Amber Rudd
Jon Dye, chairman of ABI and CEO of Allianz Insurance, has also agreed to join the UK Pandemic Re Steering Group
