Geopolitical
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January 19, 2023
Shipowners face average 5.8% rate increases under International Group of P&I Clubs renewal
The International Group of Protection & Indemnity Clubs (IG) has renewed its reinsurance programme for 2023/24 with a “small increase”…
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January 17, 2023
Concern jumps over macroeconomic risks but cyber and BI retain top spots: Allianz Barometer
Macroeconomic risks and the energy crisis have shot up the ranking, but cyber and business interruption (BI) remain the top…
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January 13, 2023
IP risk management and geopolitics big concern for life sciences
A new survey by WTW finds that life science firms are now concerned about a much wider range of enterprise…
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January 12, 2023
Prepare for a decade of volatile risks ahead, warns WEF
Investment in risk management and mitigation will be critical as geo-political conflict, climate change and the cost of living create…
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January 11, 2023
WEF warns one more systemic shock could be unmanageable
The window for action on the most serious global threats is “closing rapidly”, warns the World Economic Forum (WEF) in…
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January 9, 2023
Shipowners face higher rates for Black Sea trade as reinsurers pull back: Reuters
The withdrawal of reinsurance capacity at 1 January renewals for ships exporting from Russia and Ukraine is adding further costs…
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January 4, 2023
Property reinsurers push Europe into hard market at 1/1 renewals
European reinsurance buyers once again faced a hard market at January renewals after ten years at the bottom of the…
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December 22, 2022
Time to get back on the front foot
This has been quite a year for the European and global risk and insurance management community, and I am sure…
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December 19, 2022
Reinsurers pull cover for Ukraine cargoes with 1/1 war-risk exclusions: Bloomberg
Major reinsurers will pull cover from the start of next year for vessels going to and from Russia and Ukraine…
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December 15, 2022
AM Best revises French cat reinsurer outlook to negative
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (ICR) and affirmed the Financial…
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December 14, 2022
Risk managers face growing ESG risks
The interconnectivity of ESG risks is creating new challenges that risk managers and their organisations cannot afford to ignore. ESG…
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December 14, 2022
Conflict on the rise over EU’s focus on the ‘S’ in ESG
Brussels-based European business confederation BusinessEurope is “deeply concerned” about what it describes as the “overly detailed and prescriptive” requirements that…
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December 13, 2022
Supply chain disruption may worsen in 2023: Supply Wisdom
Supply chain disruption will persist into next year and could even worsen, Supply Wisdom has told Commercial Risk. Next year…
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December 13, 2022
Two-tier market in play despite more stability for many buyers: Aon
The global commercial insurance market stabilised in most regions during Q3, with average rate increases between 1% and 10%, according…
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December 12, 2022
Energy crisis, geopolitics and cyber top risk outlook for 2023
The energy crisis, political polarisation and mounting cyber risks top a list of five major threats to businesses in 2023,…
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December 10, 2022
Second round of Russian mobilisation causing strategic business risks highly likely, warns Dragonfly
The Russia-Ukraine war is likely to grind on well into next year with the chance of a negotiated peace agreement…
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December 9, 2022
Geopolitical risks and cost of living threaten productivity in 2023: International SOS
Organisations have been put into ‘perma-crisis’ mode with global risks from geopolitics to the cost of living threatening productivity going…
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December 8, 2022
Italian, French and German business groups call for regulatory truce
The Italian, French and German confederations of industry have sent a joint declaration to national governments and the EU, calling…
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December 8, 2022
Eiopa publishes dashboard to help tackle nat cat protection gap
The European Insurance and Occupational Pensions Authority (Eiopa) has released a dashboard that depicts the insurance protection gap for natural…
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December 8, 2022
Top European insurance economists agree inflation will be the driver in 2023
The German insurance association (GDV) recently gathered a group of chief economists with leading insurance and reinsurance groups, and all…