COVID-19 has shown that pandemic-related business interruption (BI) is directly linked to the decisions of governments to implement lockdown measures, making it impossible for insurers to model and price such a risk. As such, BI risk is uninsurable by insurers alone, said a report from the Geneva Association.
Fitch Ratings has announced that its Dubai branch (Fitch Dubai) has been granted a licence by the Securities and Commodities Authority (SCA).
The Building Stronger Homes Roundtable convened by the Insurance Council of Australia (ICA) and Master Builders Australia (MBA) has recommended reforms to the way codes, standards and land use planning systems promote the resilience of Australian family homes.
Directors and officers face increased risks from 'grey swan' risks, with shareholders on average losing 26% of value in their holdings in the year following reputation crises caused by such events according to a new report from Aon and Pentland Analytics.
Cyber threats against industrial control systems are again on the rise according to a new report by cyber security firm Kaspersky.
Eight in 10 homeowners in Australia show little interest in making their homes resilient to natural disasters according to a new research by Suncorp Insurance.
Singtel associate director Kenneth Boey has been named Risk Management Institute of Australasia's (RMIA) Asia Risk Leader of the Year. The award was sponsored by Asia Insurance Review.
Pandemic-induced economic stress will continue to exacerbate political risk throughout 2021 according to Marsh Specialty's political risk map 2021.
The International Union of Marine Insurance (IUMI) is refocusing efforts on environmental, sustainability and governance (ESG) issues to ensure the marine insurance sector and its clients are better prepared to deal with their impact.
Cyber criminals are now using new and advanced techniques to attack mobile-based banking processes according to a new report by cyber security firm Kaspersky released in April 2021.