Insurance valuation specialist, Charterfields, says traditional approaches to updating declared values, including the use of the Consumer Price Index, are out of sync with how prices have changed for many assets. Its own analysis of commercial locations assessed over the last four years suggests that as many as 88% of them were underinsured.

Zurich’s commercial risk advisory unit is joining forces with climate solutions provider and carbon project developer, South Pole to help clients define and execute their short- and long-term climate resilience objectives. The new offering will focus on measuring physical climate risk and emissions, helping to establish a strategy to reduce each, and oversee the implementation of proportionate solutions.

Food and beverages remain the most commonly stolen commodities, according to the British Standards Institution’s latest annual Supply Chain Risk Insights Report. Thefts from hijacking have fallen as a proportion of cargo theft from 24.4% to 17.0%. These are now second to theft from facilities, which now account for more than a quarter of total thefts.

Cyber protection company Acronis and EveryCloud UK have signed an agreement with Fulham FC, to provide London´s oldest professional football club with cyber protection and cloud backup solutions.

Steady progress can be shown amongst insurers, reinsurers and brokers, the organisation convened by the University of Cambridge Institute for Sustainability Leadership said in its fourteenth year of reporting against the ClimateWise Principles – which have been aligned with TCFD recommendations since 2019.

Beazley has announced the launch of a new private equity liability insurance product, designed to focus on inherent D&O risks within the long-term lifecycle of portfolios – from the purchase of an asset through to the exit strategy.