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Article 16/05/2022
Solvency II: UK Government consultation
On 28 April 2022, HM Treasury published its Solvency II consultation paper following proposals set out by Economic Secretary to the Treasury at the Association of British Insurers annual dinner on 21 February 2022. In this article, we look at the reforms contained in the consultation, and the impact this will have now that the UK has left the EU.
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Article 09/05/2022
The Queen’s Speech 2022: what to expect
The State Opening of Parliament will take place on 10 May 2022, with the Queen’s Speech setting out the Government’s agenda and economic plans for the next session. We take a look at what new laws could be announced and what measures from last year’s Queen’s Speech are confirmed as being carried over.
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Report 16/03/2022
2022 marine, aviation and logistics forecast: trends and future risks
In this report, Kennedys experts explore key legal and regulatory developments, and provide an overview of the business critical topics which marine and aviation insurers should consider as they plan for operational resilience in 2022.
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Article 09/03/2022
Russia - Ukraine crisis: impact of global sanctions on shipping
As Russia’s invasion of Ukraine progresses, global leaders have responded by imposing increasingly severe sanctions against Russia, Russian companies and Russian individuals. Here, we consider the impact of the current sanctions from various jurisdictions around the world, with a focus on those areas which might impact the global shipping and trade industry.
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Article 21/02/2022
Logistics: Bite-Size Insights - February 2022
Welcome to the latest edition of Logistics: Bite-Size Insights, where we explore the risks attached to the continued demands on warehouse space, areas to consider when storing foodstuffs, an update on the UK operator licensing regime and an overview of the current risks to shippers in the United Arab Emirates.
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Article 07/02/2022
What global activism can teach insurers about emerging risk
The risks causing the biggest problems for insurers and their clients relate to environmental, social and governance (ESG) factors such as pollution, corruption and disease, according to a report into the global political landscape.
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Report 07/02/2022
2022 insurance industry forecast: trends and future risks
2021 saw the insurance industry grapple with a multitude of challenges including pandemic impacts, disruptive technology and climate related risks. Here, we look forward to 2022 and the key legal and regulatory developments across 10 business critical topics.
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Article 11/01/2022
Thailand’s business landscape: politics and the pandemic offer up a perfect storm for risk managers
Thailand is blessed with one of South-East Asia’s most developed economies and benefits from strong inward investment. But political instability has become a key business risk factor in recent years following the coup d’état in 2014 and the more recent political demonstrations during 2020 and 2021. Further political instability cannot be ruled out.
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Article 11/01/2022
Israel – learning to adapt to constant security threats: a role model for sound risk management?
For firms operating in Israel, the complex political landscape has always been a business risk. As such, successive governments have put in place robust frameworks for protecting businesses, citizens, and Israel’s vital economic assets. Operating in a region that has historically been volatile, the business community and citizens have become adept at preparing for civil unrest and security threats.
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Article 11/01/2022
Chile: 30 pesos or 30 years of reform? How politics is impacting on business in one of Latin America’s most developed economies
Chile is one of the most developed countries in Latin America. The country has also been seen as one of the region’s most stable economies attracting large inward investment. However, faced with the ongoing uncertainty in the local political landscape, all business entities in Chile will need to improve their reconnaissance on political risk and uncertainty in the near future.