Keyword
Ukraine war
Is political risk the next NatCat?
May 1, 2023 Philip PoradoMuch like NatCat events, political risk losses tend to be low frequency but high severity, said a new Oxford Analytica survey, produced for WTW, on how global businesses are managing current political risks. “Political risk losses occur rarely but tend…
Has Russia-Ukraine hindered insurers’ ESG plans?
February 13, 2023 by Alyssa DiSabatinoInsurers with ESG plans are still sticking to their guns to stop backing fossil fuels and thermal coal, even as geopolitical events like Russia’s Ukraine invasion put strain on the international energy sector, an industry expert told delegates at CatIQ…
Insurers have a role in Canadian natural gas exports
February 1, 2023 Philip PoradoLiquified natural gas (LNG) and infrastructure connectivity across Europe will be critical to ensuring a long-term energy supply for the continent, noted a Fitch Ratings report. The ratings agency said strong supplies of LNG, along with a relatively mild winter,…
Why your business should use integrated models of risk
September 13, 2022 by Alyssa DiSabatinoIn the midst of geopolitical volatility, a changing climate, inflationary pressures, emerging energy products and more, the best thing risk committees can do is build integrated models of risk, says Janice Gross Stein, founding director of the University of Toronto’s…
Which claims trends are worth watching in 2022?
July 19, 2022 by Alyssa DiSabatinoThe number of contingent business interruption (CBI) claims have been increasing year-over-year and exceeding previous highs, as global supply chains were hit repeatedly by storms, fires and the pandemic, said Allianz Global Corporate & Specialty’s (AGCS) Global Claims Review 2022. But…
Stakes are high for farmers as 2022 crop shapes up to be most expensive in history
May 25, 2022 Amanda Stephenson - THE CANADIAN PRESSCALGARY – The stakes are high as Canadian farmers take to the fields to plant 2022’s crop, which some are saying could find a place in the record books as “the most expensive ever.” On her family’s farm northeast of…