Specialist insurer Beazley’s new report ‘Spotlight on business risks’ shows that business leaders believe they are more resilient as they move into 2022 but 34% still place business risks as their top concern for the year.
US farmers received more than $143.5bn in federal crop insurance payments from 1995 through 2020, with just under two-thirds paid out for crop damage from drought and excess moisture exacerbated by the climate crisis, according to US Environmental Working Group’s new crop insurance database.
Extreme weather, rising seas and damaged ecosystems could threaten the safety and livelihoods of billions of people, according to an article published in the web-magazine of Zurich.com. It says collective effort is needed to find solutions to help the ‘world’s forgotten victims’ of climate change.
Two-thirds of insurance professionals are confident discussing mental health and money matters with customers, according to a new survey by Chartered Insurance Institute (CII).
Only 45% of respondents in a new PwC 2022 survey predict supply chain disruptions are likely to ease by the end of the year and 62% of business leaders indicate they will increase the price of goods and services in 2022 to manage against these risks.