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NewsVictoria floods gain ‘catastrophe’ status
Australian insurers have received more than 6,500 claims after storms and flooding affected large parts of the state of Victoria
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Study reveals the true cost of ransomware
84% of firms are hit again after submitting to ransom demands; with data corrupted during the recovery for 43%
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COVID erodes macroeconomic resilience - Swiss Re
There is lowest insurance resilience for natural catastrophes, with a record protection gap of $1.4 trillion
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BoE launches climate stress test for banks, insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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Cyber: Breaking the culture of silence
A lack of transparency on cyber attacks is benefitting the threat actors and exacerbating the threat
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2021 to bring “very active” cyclone season
The number of forecast tropical cyclone landfalls across East Asia varies significantly, with below-normal figures forecast for Japan and Korea
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Ransomware cartels "expand the playbook" - CyberCube
Criminals will continue to target high-profile organisations, having researched their ability to pay a ransom prior to the attack
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Child labour an emerging supply chain risk
Organisations are urged to take action to root out child labour within their supply chains as numbers grow to 160 million worldwide
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Cloud outage highlights need for operational resilience
Multiple major websites went offline on Tuesday after an hour-long outage at the cloud service company Fastly
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IoT is a supply chain risk “game-changer”
Aon’s vaccine insurance solution demonstrates the technology’s potential in the insurance market, says GlobalData
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Emerging risks and the “COVID effect”
Government support programmes have kept alive unviable zombie companies, while wealth inequality has broadened
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Steps towards cyber resilience
Three proven strategies business leaders can deploy to accelerate cyber transformation
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Lessons in risk from the Suez crisis
Suez, COVID and Brexit have challenged assumptions about the complex supply chain risks modern corporates must contend with
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Corruption, oil intensity see China fall in resilience rankings
Climate risk is an increasingly important factor for companies and leaders making strategic decisions - FM Global
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Russell releases port disruption scenarios
Around $7.5 trillion of trade is concentrated in 50 major ports, with potential for major supply chain disruption
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Climate: Tide turns on energy firms
After Shell and ExxonMobil, why climate change in major emerging markets could be next legal battleground for energy firms
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COVID diverting attention from slavery risks
Businesses in financial services and technology could be dangerously unaware of the rising risks of modern slavery in their supply chain
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ESG champion
Swiss Re Corporate Solutions’ Jonathan Rake explains why real innovation in insurance has never been more important
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Power outages hit QLD after fire
An explosion at a Queensland coal-fired power station has led to a widespread power outage, from northern New South Wales to Cairns
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Social engineering: Sophisticated and underinsured
Social engineering attacks are on the rise, but losses can pose a grey area where insurance is concerned
