Cyber terror, fears of armies of drones, business interruption/supply chain disruption and worries about the economy all help to heighten aviation (re)insurers anxiety levels while the “new normal” soft market depresses rates and underwriters alike.
With over 62% of airplanes grounded in April, the value of the top 10 insured airports has shifted, said Suki Basi, managing director, Russell Group speaking to AM Best TV.
Despite the increasing uncertainty with regards to the financial hit to industries, Russell Group have modelled the exposure for companies and countries. In the first of these articles, we take a look at the impact on shipping.
A long-term shift that is occurring because of the pandemic, is a fundamental restructuring of the economy that is underpinned by“transportation layer”.
The current COVID-19 pandemic is causing significant disruption in our lives but also is accelerating a huge amount of trends that were present in society. In this article, we will be identifying three of these trends.
Cargo insurers can expect to face a large exposure value after the recent tanker attacks in the Gulf of Oman.
The shift from the tangible to the intangible - from goods to services - is happening all across the economy. How does the world of risk and insurance adjust to this new reality?
The top ten Chinese companies, with combined revenues of almost $1.5 trillion will be exposed to an estimated $122 billion of connected loss exposures from coronavirus according to Russell Group.
What are the risks and opportunities in 2019?
As the energy industry continues to change, insurers have to differentiate between similar risks in the up- and downstream markets.
China's political leaders are concerned about what they call the "Malacca Dilemma". With tensions rising with the U.S almost on a daily basis, they should be worried.