A recent survey conducted by Chubb Insurance and not-for-profit risk management company TechAssure has highlighted how the COVID-19 pandemic has shaped the technology and life sciences clients' approach to major business challenges and risks.
The Federation of European Risk Management Associations (FERMA) has submitted a final text on Solvency II to the French presidency of European Commission (EC).
Two-thirds of executives participating in a research study said their companies are 'very concerned' about climate change, and 79% believe the world is at 'a climate change tipping point'.
The last two years 2020 and 2021 and the instability caused by the COVID-19 pandemic, social unrest and the impact of climate change have highlighted how risks facing businesses are becoming increasingly volatile and interconnected according to Aon's 2021 Global Risk Management Survey.
A new study in the US has revealed that economic losses experienced in just a single day from disruptions could range from $8m to $250m depending on the length and severity of the incident.
More than a third (33%) of Americans participating in a national survey say they have rewarded companies that are taking steps to reduce global warming by buying their products in the past 12 months.
Almost half (42%) of senior business leaders participating in a new study by QBE Insurance have said they are worried they could be found personally liable for their business failing to deliver on environmental initiatives or by reporting climate related exposures.
Homeowners and residential real estate investors in US should be prepared to face a rise in property insurance rates according to real estate financing solution provider SitusAMC.
The Indian insurance regulator could consider introduction of a differential premium for insuring properties that are rebuilt on disaster-prone or sensitive terrain after a natural disaster.
Resilience to severe climate impacts will only be possible when existing systemic market failures are addressed according to a new report Risk & Resilience by Coalition for Climate Resilient Investment (CCRI).