All Risk News articles – Page 2
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NewsClimate 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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COVID 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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Construction 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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Supply 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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Captives 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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Firms 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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London 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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AGCS 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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Total 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
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The Russian invasion of Ukraine: One year on
Lessons learnt include the need for more robust crisis management and better contingencies
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Airmic: Resilience essential amidst rising geopolitical tensions
‘Once-in-a-generation events’ demand a collaborative response from risk and internal audit professionals
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Surviving today’s “poly-crisis”
Not all risks can be managed out of existence and it’s time for insurers to step up
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UK property cladding risk dataset launches
It will enable insurers to better understand the risks posed by flammable cladding on highrise buildings
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UK underinsurance crisis evident in 2022
Valuation firm finds that 75% of properties were underinsured in instructions received last year
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Ransomware is a ‘potential wrecking ball’ for businesses
Reports suggest that the UK’s Royal Mail has refused to pay its $80m ransom to cybercriminals LockBit
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Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Brit increases cyber consortium capacity by 50%
Product is designed to protect clients from the impact of physical damage arising from cyber-attacks
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National Grid spends £4 billion avoiding winter blackouts
The record spending highlights the need for more stable forms of power, with nuclear and renewable sources mooted
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China spy balloon: Inflating tensions
The balloon controversies come just as the US and China were attempting to stabilise relations
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Risk management essential to future-proofing supply chains
Businesses need a better understanding of multi-tier supply chains to limit the impact of disruption, says Chubb
