Supply Chain
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Auto sector hit by $210bn in lost revenue from mounting supply chain disruptions, says AlixPartners
Supply chain disruption caused by the worldwide shortage of semiconductors is estimated to cost the global automotive sector $210bn in…
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Record number of containerships queue at California ports as supply chain disruption deepens
A record number of containerships are waiting to enter California’s Los Angeles and Long Beach ports, which have implemented new…
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Companies turning to captives and ART to plug gaps in emerging risk cover
Corporates are increasingly turning to captives to help solve problems in finding insurance cover for emerging and difficult risks, said…
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Generali ready to support corporates through recovery phase
Generali Global Business Lines is composed of two units: Generali Global Corporate & Commercial (GC&C) and Generali Employee Benefits (GEB),…
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Typhoon closures of Chinese ports risk $14bn in trade, warns Russell Group
Port closures in Shanghai and Ningbo due to Typhoon Chanthu could disrupt trade worth about $14bn, according to analysis from…
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German firms face criminal action for alleged human rights abuse in China
The Berlin-based European Center for Constitutional and Human Rights (ECCHR) has filed a criminal complaint in Germany against several high-profile…
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Germany ranks highly in Marsh’s newly launched Flood Risk Index
Germany ranks highly among G20 countries on two key metrics in Marsh McLennan’s newly launched Flood Risk Index that aims…
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US port delays risk $90bn of trade, warns Russell Group
Delays at two US ports – Long Beach and Los Angeles – could hold up shipments worth as much as…
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Cybersecurity initiative looks to promote cyber resilience among Italy’s SMEs
A series of initiatives designed to boost cybersecurity awareness among Italy’s small and medium-sized businesses (SMEs) has revealed a high…
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Semiconductor shortage poses recall risk for carmakers
Global semiconductor shortages could impact product recalls in Europe’s automotive sector for years to come, says Sedgwick in its Q2…
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Disruption at Ningbo port to cost $17bn a month in lost exports, says Russell Group
One month of disruption to the flow of trade from the Chinese port of Ningbo-Zhoushan, currently partially shut due to…
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Moody’s to buy RMS for $2bn
Ratings agency Moody’s is buying modelling firm RMS for about $2bn. Moody’s will fund the transaction through a combination of…
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Beazley unveils specialty risks and US programs unit
Specialist insurer Beazley has formed a new unit, specialty risks and US programmes, and named Florian Beerli as team leader,…
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Italy drives Europe’s shift to green energy but supply chain risk remains
The future of green energy can count on the support of the Italian manufacturing sector, because its development of renewable…
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Agriculture risk management in focus as Italian market continues growth
The Italian food-farming sector is one of the most highly regarded worldwide for the quality of its products and, not…
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Italian companies rethinking supply chain risk management
The pandemic brought substantial changes in supply chain management and, not surprisingly, most companies are rethinking in an effort to maintain efficiency and…
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Managing the return to new normal
As the UK’s national vaccination rollout continues and the country moves closer to a planned June date for ending restrictions,…
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Risk managers need to broaden data horizons for supply chain risk
The growing importance of political and sustainability risks will require companies to collect more diverse data on suppliers and supply…
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Firms overlook impact of emerging risks, finds Marsh resilience survey
Just 25% of global companies model the impact of emerging risks on their business, with major new threats and systemic…
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Colonial Pipeline ‘paid $5m ransom’, say unconfirmed reports
Colonial Pipeline, which said on Wednesday evening that is has fully restored operations in the US following a cyberattack last…