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News
Insurers shine spotlight on container loss incidents
The extent and pace of growth in container volumes have put strains on a wide range of operational procedures
Research predicts dramatic increase in wildfire risk
By 2030-2040 climate change will prolong wildfire seasons, adding a month in European countries including Spain, Portugal and Greece
Beirut port disaster loss to impact global insurers
Observers are drawing comparisons with the 2015 explosion in the Chinese port of Tianjin, which highlighted accumulation exposures in ports - AM Best
Beirut explosion, 5 years on from Tianjin
The large blast in Beirut, Lebanon is expected to result in a significant insurance event as the death toll and casualties from the explosion continue to rise.
Hard market to prompt captive growth
Firming commercial insurance prices and impacts from COVID-19 could present opportunities for the captive insurance segment - AM Best
Flood damage erodes companies’ long-term value
Stock price of damaged firms drops 5% in the year following major floods as investor confidence declines - research
FERMA welcomes EIOPA pandemic resilience paper
EIOPA paper proposes options for public-private partnerships to be explored at national and European level
COVID-19 litigation tracker identifies vulnerable industries
217 complaints have been filed in the US with 55% involving cruise ship passengers and nursing home residents and staff
Study recommends new approach to supply chain risk
Researchers from UB School of Management say their framework would have benefitted organisations as the coronavirus pandemic hit