All insurance articles – Page 2
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AnalysisCloud providers suffered nearly 500 critical outages in 2022
About a third of events impacted US cloud regions, with a total of 1,190 performance disruptions overall
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AnalysisUnderinsurance risks remain as construction costs soar
Continuing high levels of inflation in construction costs could see claims disputes in the event of a property loss
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Analysis$2.2 trillion global electronics industry at threat from semiconductor supply chain
Risks include geopolitical tensions, earthquakes, and extreme weather, but risk transfer solutions remain thin on the ground
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AnalysisLondon-based Cyber MGA launches with parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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AnalysisDirectors warned ESG litigation set to snowball
One of the most high profile ongoing cases is the ClientEarth case against 13 directors of energy giant Shell
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AnalysisCrisis incidents in Europe grow at rapid pace
Even greater volatility is expected in 2023, driving threats including kidnap incidents and political repatriations
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OpinionIs the cyber crunch behind us?
Financial Lines markets across Europe are experiencing rapid change as rates begin to taper off
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OpinionWhat can risk managers do better in 2023?
In the post-pandemic world, risk managers must reevaluate what constitutes an ‘acceptable’ risk
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AnalysisHSBC buys UK arm of stricken Silicon Valley Bank
Deal rescues a key lender for tech start-ups in the UK and curbs fallout from the biggest bank collapse since 2008
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AnalysisInterest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk
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AnalysisCredit Suisse displayed risk management “deficiencies” over Greensill, says regulator
FINMA has opened proceedings against four managers as it orders the bank to improve its controls
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AnalysisClimate litigation becoming a corporate threat – Kennedys
Climate action group ClientEarth has taken energy giant Shell to the UK’s High Court
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AnalysisCOVID BI disputes are denting insurer reputations, warns GlobalData
Over a third of UK SMEs cancelling BI cover in 2022 cited disputes business interruption claims
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AnalysisConstruction firms take action as inflation and supply chain woes continue to bite
Three in five UK construction businesses have seen once profitable projects become unprofitable
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AnalysisSupply chain risks remain underinsured despite demand for cover
Companies are redesigning supply chains, but BI insurance protection remains a “wafer-thin patchwork”, finds WTW
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AnalysisCaptives hailed as hard market solution for cyber, D&O
Captives provide much-needed capacity as traditional carriers reduce limits, increase exclusions, and/or increase pricing
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AnalysisFirms take stock after one year of Russian sanctions
There are many lessons to be learned from the rollout of the sanctions and ensuing compliance efforts
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AnalysisLondon cyber decoys attacked 91 million times in a month
Russia was the single largest source of attacks followed by Bulgaria, Monaco and Panama
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AnalysisAGCS outlines five risk drivers of political violence
Civil unrest risks has risen substantially, causing billions of dollars in property damage and business interruption
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AnalysisTotal Turkey quake losses will exceed $25 billion, says RMS
Catastrophe is a wake-up call for other earthquake-prone regions, with adherence to building codes essential for resilience
