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| RIMS.org | RM Magazine | Risk Knowledge Library | RIMScast | RISKWIRE Archive | ||||
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Today's Feature
Risk Management Magazine (2/23/2023)
As the severity of the climate crisis intensifies, companies are becoming more susceptible to vulnerabilities including physical risks arising from extreme weather events, technology threats, global market and economic uncertainty, and brand/reputational risks. The insurance industry in particular is facing pressure to take proactive steps toward mitigating the impacts of climate change.
Industry News
Reuters (2/24/2023)
Insurers are currently facing half a billion dollars in claims for commercial ships still stuck in Ukraine a year after the start of the war with Russia. Insurance Journal (2/27/2023)
After battling a surge of pandemic-era ransomware attacks, the cyber-insurance market is coming back strong. Forbes (2/24/2023)
An aging workforce and pandemic-related shortages are among the reasons for labor challenges in the insurance industry, making strategic recruitment practices important.
Insurance Journal (2/28/2023)
Full-year 2022 financial results show mixed results in a market full of challenges, including inflation, the Ukraine war, and growing losses from natural catastrophes. Insurance Business (2/28/2023)
Global insurance standards-setting body ACORD, has released new survey results related to the future of insurance. Canadian Underwriter (2/24/2023)
While appreciative of federal support for disaster recovery, Canadian insurers are urging action on a national flood insurance program. Rims Resources
RIMScast
The National African American Insurance Association (NAAIA) recently released a report with Marsh McLennan titled The Next Steps on the Journey. NAAIA Executive Director and COO Omari Jahi Aarons discusses the findings of this survey including barriers of entry and retention, the evolution of DEI commitments and much more. |
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