Verisk Maplecroft releases ‘unique’ subnational human rights index

Verisk Maplecroft releases ‘unique’ subnational human rights index

Verisk Maplecroft releases ‘unique’ subnational human rights index

Verisk Maplecroft has released the world’s first subnational human rights risk index, to help multinationals undertake risk assessments in more granular detail than ever before. The dataset goes beyond country level to encompasses risk scores for 3,600 states and administrative regions in 198 countries. The tool can be used to map exposures in global operations, supply chains and investments to…

Pandemics, climate and cyber top AXA risk list

Pandemics, climate and cyber top AXA risk list

Pandemics, climate and cyber top AXA risk list

Pandemics and infectious diseases have unsurprisingly jumped above climate change and cyber risk to become the number risks during the next five to ten years, in AXA’s 2020 Future Risks Report and survey. The report is based on a global poll of more than 2,600 experts from the world of risk management and insurance. In addition, just short of 19,000…

Average rates up between 11% and 30% in Q2 as gap between supply and demand grows: Aon

Average rates up between 11% and 30% in Q2 as gap between supply and demand grows: Aon

Average rates up between 11% and 30% in Q2 as gap between supply and demand grows: Aon

Rates continue to harden across the global insurance market with average rises between 11% and 30% in the second quarter, according to Aon, that warns the gap between supply and demand in the EMEA region is increasingly working against buyers. The broker’s Q2 2020 Global Market Insights publication reveals that average price increases in all four regions – EMEA, North America,…

Rising supply chain risk as pandemic ‘upends’ resilience

Rising supply chain risk as pandemic ‘upends’ resilience

Rising supply chain risk as pandemic ‘upends’ resilience

Analysis by the British Standards Institution (BSI) shows that while Covid-19 clearly remains the biggest supply chain risk, threats from cargo theft, migration and human trafficking are also big issues, partly fuelled by the pandemic. The BSI has released the latest findings from its quarterly review of the top global supply chain security, business continuity, food safety and fraud, and…

Lloyd’s approves syndicate to insure transportation of Covid-19 vaccine to emerging economies

Lloyd’s approves syndicate to insure transportation of Covid-19 vaccine to emerging economies

Lloyd’s approves syndicate to insure transportation of Covid-19 vaccine to emerging economies

Lloyd’s has approved in principal a new ‘syndicate in a box’ to insure the storage and transportation of a Covid-19 vaccine to emerging economies, when it is developed. Syndicate 1796 has been developed by Parsyl, an insurance technology company and Lloyd’s Lab alumni, in close partnership with managing agent Ascot and in cooperation with AXA XL, McGill and Partners, and…

Companies move to diversify supply chain post-pandemic and reduce reliance on Far East, finds BCI survey

Companies move to diversify supply chain post-pandemic and reduce reliance on Far East, finds BCI survey

Companies move to diversify supply chain post-pandemic and reduce reliance on Far East, finds BCI survey

More than half of organisations around the world surveyed by the Business Continuity Institute (BCI) intend to diversify their supplier base post-pandemic, with the Far East set to be the biggest casualty. The research also shows that although most organisation did not have a plan in place to deal with Covid-19, the crisis has sparked due diligence further into supply…

Supply chain risk falls in May but more Covid-19-related pain to come: riskmethods

Supply chain risk falls in May but more Covid-19-related pain to come: riskmethods

Supply chain risk falls in May but more Covid-19-related pain to come: riskmethods

A report from riskmethods finds a decline in every type of supply chain risk it monitored during May, as Covid-19-related lockdowns and restrictions began to lift, but warns that the overall threat remains elevated and there are further tough times ahead. The firm’s 2020 Risk Report: The Year That Changed Everything looks at the top supply chain risks that affected organisations…

BCI survey finds organisations now looking to pandemic recovery phase

BCI survey finds organisations now looking to pandemic recovery phase

BCI survey finds organisations now looking to pandemic recovery phase

A growing number of organisations are moving towards the recovery phase of their initial Covid-19 response and considering what the future shape of their business will look like, according to the latest Coronavirus Organizational Preparedness Report by the Business Continuity Institute (BCI). The fortnightly survey of business continuity, risk and other experts around the world also found that more companies are…

AGCS warns marine transport risk managers to focus on cargo storage and transit risks

AGCS warns marine transport risk managers to focus on cargo storage and transit risks

AGCS warns marine transport risk managers to focus on cargo storage and transit risks

Cargo shippers and transportation companies face a heightened risk environment because of serious disruption to the global supply chain caused by the Covid-19 pandemic, according to Allianz Global Corporate & Specialty (AGCS). The insurer said there is a higher threat to goods in storage and transit, especially those that are high value, perishable or temperature-sensitive. It added that the growing…

Experts put forward supply chain risk management response for triple-shock Covid-19

Experts put forward supply chain risk management response for triple-shock Covid-19

Experts put forward supply chain risk management response for triple-shock Covid-19

The business impact of Covid-19 will be unlike anything in recent memory, with supply, demand and liquidity shocks set to combine and cause unprecedented disruption, according to expert speakers on a Commercial Risk Europe webinar. The specialists said that although supply chain risk management is lacking in many organisations, there are steps they can take now to respond to the coronavirus…

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