All business interruption articles – Page 6
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Analysis
Claims from deadly tornados to reach $3 billion
The insured loss estimate from KCC includes damage to residential, commercial and industrial properties
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Omicron variant hits business sentiment
Half of the respondents report that their business is currently being affected by the supply-chain crisis - Oxford Economics
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Can parametrics close the gap?
Parametric products have role to play in closing protection gaps and catering to emerging risks like NDBI and cyber
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WTW launches ports and terminals risk forum
It is collaborating with the University of Cambridge Centre for Risk Studies to develop an index of risk disruptors
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UK terror threat level raised to severe
Following two incidents over the past month there is concern mass gatherings could be targeted
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Global supply chains tested "like never before"
COVID-19, cyber risk and port backlogs are among six key facets of current global supply chain strain - FM Global
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Ransomware becomes UK's biggest cyber threat
NCSC handled the same number of incidents in the first four months of 2021 as it did for the whole of 2020
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RIMS puts full support behind PRIA
The Pandemic Risk Insurance Act of 2021 bill seeks to create a risk pool for BI losses stemming from future pandemics
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Supply chain woes to continue into 2022
Supply-chain disruption poses the greatest risk to global economic recovery, according to Oxford Economics
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BI keeps European risk managers awake at night
Business interruption, commodity price risk and economic slowdown are chief concerns for European corporates - Aon
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Large protests to disrupt Glasgow during COP26
While most will pass peacefully, there is the potential for mass disruption and an underlying threat of violence, warns Dragonfly
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Surge in demand for supply chain covers expected
CO2 crisis and other supply chain disruptions will drive “inevitable” interest in innovative supply chain insurance products
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La Palma volcanic eruption highlights threat of non-modelled perils
The eruption of the Cumbre Vieja volcano will likely result in hundreds of millions of euros in economic losses - Impact Forecasting
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Trends behind the ransomware epidemic
Double and triple extortion and supply chain attacks are driving the surge in ransomware incidents - AGCS
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Felixstowe bottleneck could impact $2 billion of imports
Operators are said to be diverting big cargo ships away from the UK due to a backlog of arrivals piling up at port
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Ransomware considerations for a hybrid workplace
There is now a much larger attack surface for cybercriminals to target due to remote and hybrid working practices
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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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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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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