AGCS corporate risk publication commemorates 100 years of aviation insurance and examines the risk challenges to come – innovation; climate change; and managing growth.
Mega ship loss scenarios – larger vessels at sea increases the likelihood of a $1bn+ industry loss.
“Smart ships” – technology, and smart use of big data in particular, will drive the next generation of shipbuilding; helping to understand losses.
PRESS RELEASE - London, Munich, Paris. 21. May 2015.
In 1915 the underwriting of an airship insurance policy began what is now a 100-year-old relationship between Allianz and the aviation industry - a milestone that is commemorated in the latest issue of AGCS' biannual Global Risk Dialogue magazine, available to download here, featuring news and expert insights from the world of corporate risk.
Global Risk Dialogue examines some of the significant developments that have shaped this partnership – from supporting the daring exploits of the early aviators to aiding 21 space launches last year alone – and also predicts the risk challenges of the future.
The latest issue also takes a look at how technological innovation is impacting the maritime world. The recent introduction of the largest container ships ever built – boasting decks the length of four football fields - demonstrates the remarkable ingenuity of this industry but also raises questions about whether risk management needs rethinking, as vessels continue to increase in size.
Meanwhile, the introduction of so-called “smart ships” and data-centric engineering has been predicted to transform the next generation of shipbuilding by enhancing performance, productivity and, crucially, safety. But ultimately it will be the success or otherwise of handling this industry-specific big data that will dictate the level of ship efficiency gains…
Selected articles from the latest issue of Global Risk Dialogue
Improved safety is resulting in fewer major catastrophic claims for insurers overall, despite the loss activity of the past year. However, the cost of everyday losses is increasing including those associated with incidents such as product recall…
The impact of climate change, technological innovations such as UAVs, managing future growth and the increasing likelihood of a cyber-attacks are the major challenges aviators face in future…
More larger vessels at sea increases the likelihood of a $1bn+ industry loss but what would such a loss entail?
How the entertainment industry is changing and the risks involved. With an illustrious history dating back over 100 years to Hollywood’s silent film era, entertainment insurance has a vital role to play in ensuring the show goes on…
Automotive recall cases are becoming more frequent with last year setting a new record for incidents in the US. Shorter development cycles, faster production, global suppliers and more technical complexity are among the reasons why.
View the full issue of Global Risk Dialogue:
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