Geopolitical
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January 12, 2024
Supply chain delays from Red Sea shipping crisis halts Tesla production in Germany
US electric car manufacturer Tesla will suspend production at a German plant for two weeks because of delays to the…
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January 11, 2024
Cyber war debate rumbles on as Merck settles with insurers
Merck’s settlement with its insurers early this year draws a line under NotPetya cyber insurance coverage disputes, but insurance buyers…
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January 10, 2024
AI-driven disinformation tops WEF’s global risk list as elections loom
AI-driven misinformation and disinformation has shot straight in as the number one short-term risk in the World Economic Forum’s (WEF’s)…
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January 9, 2024
WEF tracks decline in global cooperation since 2020
Global cooperation has declined in the past three years, according to the World Economic Forum (WEF) ahead of its annual…
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January 4, 2024
US water authority cyberattack sign of emerging risk
A thwarted cyberattack on a Pennsylvania water authority in November that was attributed to an Iran-aligned cyber group unit should…
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January 3, 2024
Maersk and Hapag-Lloyd again pull vessels from Red Sea route
A P Moller-Maersk has stopped its vessels from using the Red Sea cargo route to the Suez Canal “until further…
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January 2, 2024
Supply chains begin 2024 impacted by Red Sea disruption
Shipping through the Red Sea is expected to continue to cause disruption to supply chains after Houthi rebels attempted to…
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December 21, 2023
Aircraft firms settle with Russian insurer over stranded jets
Leasing firm Dubai Aerospace Enterprise (DAE) has reached a $118m settlement with Aeroflot’s insurer over seven aircraft it had leased…
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December 15, 2023
Israel-Gaza conflict triggers further event cancellation coverage restrictions
Following the attack on Israel by Hamas on 7 October and the subsequent war in Gaza, insurers are reviewing cancellation…
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December 14, 2023
Climate-related travel risk on the rise: International SOS
The number of travel alerts for employees working overseas triggered by climate-related threats is on the rise, according to security…
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December 11, 2023
Africa Specialty Risks launches Lloyd’s syndicate
Africa Specialty Risks and Apollo Syndicate Management are set to launch a new syndicate at Lloyd’s in 2024 focused on…
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December 5, 2023
UK creates resilience academy as risks accelerate
The UK is to create a new resilience academy to combat the increasingly complex risks faced by the country, including…
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November 30, 2023
Political risk will rise next year for countries in debt crises, warns WTW
Countries carrying high levels of debt are at increased risk of social unrest amid economic fallout next year, with Jordan,…
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November 29, 2023
Anra members need insurers to up game on emerging risks, says president
The Italian commercial insurance market is reaching “equilibrium” after recent hardening, but members of the country’s risk management association Anra…
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November 24, 2023
Risk management overload a top business risk in 2024, warns Control Risks
The never-ending spate of polycrisis and global tensions means that risk management overload has become one of the top five…
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November 16, 2023
Middle East conflict threatens supply chains and shipping
Companies need to double down on political risk in their supply chains as conflict in the Middle East threatens to…
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November 14, 2023
Aeroflot and BOC Aviation agree insurance deal over stranded aircraft
Russian airline Aeroflot has reportedly agreed a settlement with Singapore-based leasing company BOC Aviation that will see nine aircraft handed…
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November 1, 2023
UK and EBRD agree war risk insurance scheme to support Ukraine rebuild
The UK has signed a Statement of Intent on a European Bank of Reconstruction and Development (EBRD) war risk insurance…
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November 1, 2023
Fears over ability to deal with emerging risks as AI shoots up AXA ranking
Risks from artificial intelligence (AI) and big data have shot up the ranking in AXA’s latest Future Risks Report to…
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October 31, 2023
Gard partners with DNK for war risk support
P&I insurer Gard has launched a war risk service for clients with specialist war risk insurer the Norwegian Shipowners’ Mutual…