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These attacks on Saudi oil had reverberations on the global economy, including oil prices rising sharply on news of the bombings.
Global supply chains, cyber risk and unpredictable weather are just a few factors complicating business interruption risk.
Technology in the form of blockchain, co-bots, and “smart facilities” pose new and emerging risks for the manufacturing sector.
Never have so many political upsets impacted the supply chain at once, say experts, so risk managers need to stay ahead of the changes.
Consumers are increasingly interested in eating organic and understanding the path of their food. One technology making advanced supply chain tracking a reality is blockchain.
Businesses will certainly want to insure catastrophe-related crop damage as well as keep supply chain coverage, but that could be difficult to insure as climate change continues its devastating wrath.
Recent charges against tech giant Huawei exasperate supply chain risk for the world as tensions between the U.S. and China grow.
Food recall costs billions in waste and lost inventory. Experts say blockchain could reduce the losses by increasing transparency and making it easier to trace the source of contaminated food.
Shake-ups are in store for food supply chains as climate change threatens the existence of many common crops consumers rely on every day.
Climate change and volatile weather events are turning once-arable land into inhospitable environments for a number of crops.
In a recent Wall Street Journal op-ed, the industry legend provides perspective and advice to China’s leadership.
Asian cultures have different risk appetites and recovery capabilities. Evidence shows facilities are being built repeatedly in disaster-prone areas.
Could a tsunami destroy everything from Boston to Miami? If it did, would we even stand a chance?
Captives can serve as a primary-layer risk-transfer mechanism. They can also allow organizations to access reinsurance to cover difficult-to-insure losses.
Some of the threats facing planes, trains and automobiles are ongoing, while others are just emerging.
Risk managers should assess how global protectionism will impact their supply chain.
As demand amps up, manufacturing companies have their hands full integrating new technologies and finding the next generation of talent.
Growing populations and rising property values, combined with an increase in high-severity catastrophes, are pushing the insurance protection gap to a critical level.
A recent supplier snafu saw KFC’s UK outlets run out of chicken. The growing use of analytics address supply chain and distribution vulnerabilities.
Marrying property and cyber coverage seamlessly is an area of increased focus for risk managers and underwriters.