All business interruption articles – Page 7
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AnalysisHurricane Ida claims could reach $30 billion
Flooding has seen homes evacuated, businesses shut down and widespread power outages
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AnalysisCOVID 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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AnalysisSupply chain woes hit UK firms
Manufacturing and hospitality are some of the sectors impacted by post-Brexit supply chain issues
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AnalysisLosses 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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AnalysisThe reinvention of supply chains
Near shoring and technology will shape the post-COVID supply chain, thinks AXA XL’s Pascal Matthey
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AnalysisPort 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
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AnalysisUS banks vulnerable to systemic cyber attack
Tail events from a systemic cyber risk event caused by a ’single point of failure’ could be “material”, warns Fitch
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AnalysisSustainable procurement intrinsic to robust supply chains
Sustainability initiatives ensured 63% of buyers and 71% of suppliers were stronger through the pandemic - survey
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AnalysisRansomware payments surge by 82%
Latest Unit 42 figures confirm the ransomware crisis continues to intensify, with the rise of quadruple extortion
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AnalysisAlmost half of food recalls avoidable - RQA
A large majority of recalls emanate from packaging mistakes, which are costly, reputationally damaging and avoidable
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AnalysisGerman flood claims to approach €5 billion
Restoration of infrastructure such as water and gas pipes, power lines, and roads could take weeks, even months, warns AIR Worldwide
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AnalysisFERMA: Floods are a “wake-up call” ahead of COP26
Insured losses of €4 billion to €5 billion are expected for North Rhine-Westphalia and Rhineland-Palatinate
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AnalysisGerman floods to see sizable protection gap
There are renewed calls for a state-backed natural catastrophe scheme or introduction of compulsory flood cover
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AnalysisTerrorism: Retail and hospitality at risk as lockdown lifts
Pool Re warns of potential threat to retail and hospitality sectors which represent attractive targets to terrorists
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AnalysisHalf of businesses ‘feel more resilient’ than a year ago
Sector attitudes to risk vary, finds Beazley, with those hardest hit by lockdown restrictions feeling less resilient
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AnalysisSouth China port disruption could last months
Delays in Guangzhou, Yantian, Shenzhen, Shekou and Nansha are being compared to the Suez blockage
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AnalysisCyber fears for critical infrastructure
Attacks against Florida’s water treatment facility and Colonial Pipeline highlighted a disruptive threat - survey
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AnalysisRIMS joins Business Continuity Coalition
The aim is to build a more stable insurance market that will support organizations as they navigate future pandemics
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AnalysisLessons from the vaccine supply chain
How risk managers can learn vital lessons in resilience from the global vaccine effort
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AnalysisUK insurers settle over £750m of COVID-related BI claims
Data reveals Hiscox has more than double the number of COVID-related BI claims in comparison to its peers
