By 2025 cyber attackers will have weaponised operational technology (OT) environments successfully to harm or kill humans.
Australian insurers face a plethora of new regulations and many are struggling to implement them.
A new consumer research from Aviva UK has revealed the extent to which young adults in the UK have been impacted by the COVID-19 lockdowns.
Insurance brokers should help their customers and clients to understand the current limitations of civil disobedience insurance according to a guidance document produced by the New Generation Broking group of Chartered Insurance Institute.
The growing cyber attacks highlight the urgent need for companies and governments to collaborate in the fight against ransomware criminals. This involves sharing information about threats and software vulnerabilities and to develop incident-response plans.
Scenario planning, agile business strategies, a focus on long-term vision, better and improved risk management and more frequent and impactful responses to market disruptions are essential to continued business success, according to a new EY survey.
Clients, in addition to financial protection, now look to their insurers to provide them with more risk insight, risk management-related services and flexible cover that serve the changing needs of businesses better.
California wildfires caused more than $4bn in commercial property losses for insurers in three of the past four years according to a new report by AM Best. The new report 'Weather Conditions Portend Another Destructive Year of Wildfire Losses' examines the worsening severity and frequency of wildfire events in California. It expects that 2021 fire losses could be even greater.
The pathway to tackle climate change is clear - reduce CO2 emissions on a priority and then any unavoidable emissions need to be removed from the atmosphere and stored permanently according to a new report by Swiss Re Institute.
The pandemic's impact is beginning to spin off into new areas of risk according to a group of French risk managers. As part of Risk Frontiers Europe 2021 survey, the risk managers said political risks are already on the rise as the likelihood of political change grows.