The coronavirus epidemic could cost airlines some £87bn in lost revenue this year, according to the International Air Transport Association. This is over three times its projection made only a fortnight ago. This warning follows the collapse of embattled British regional carrier, Flybe.
Five new territories have reported cases of COVID-19 in the past 24 hours (Bosnia and Herzegovina, Gibraltar, Hungary, Slovenia and occupied Palestinian territory), as the global total reaches 95,333, 2,241 of which were in the last 24 hours.
In the UK, 5th March, 18,083 people have been tested, of which 115 were positive, with one fatality.
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Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks. Published June 2021
Manufacturing: An industry at risk amid great technological change
Of the many sectors of business, manufacturing companies are among the most at risk from cyber threats. How has the sector evolved to make it so vulnerable and what does the task of managing cyber exposure in a manufacturing company look like? CIR’s latest podcast with Tokio Marine HCC sought to answer all these questions and more. Published April 2021
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