Companies recognize catastrophe risks but fail to prepare: Survey

June 2013
Business Insurance;6/3/2013, Vol. 47 Issue 11, p0021
The article reports that although companies recognize the potential threats posed by natural disasters, many do not have sufficient risk-reduction plans, according to a survey by Zurich Insurance Group Ltd. and the Economist Intelligence Unit (EIU). The survey of 170 executives from large and midsize companies from around the world was conducted in January 2013. Results revealed natural catastrophes could affect many aspects of their business, especially information technology (IT) operations.


Related Articles

  • BUSINESS INSURANCE INNOVATION AWARDS 2015. Veysey, Sarah // Business Insurance;3/2/2015, Vol. 49 Issue 5, p0022 

    The article discusses the special features of the My Zurich 2.0 tool which was developed by Zurich Insurance Group Ltd. to manage changing global risk and regulatory data. Topics covered include the advantages of using the tool which is a 2015 Business Insurance Innovation Awards winner, the...

  • Zurich majors on risk service. Greenwood, John // Corporate Adviser;Jan2009, p7 

    The article evaluates the Zurich Corporate Risk service.

  • £60m saving target fades as Zurich's IT plans falter. Huber, Nick // Computer Weekly;7/11/2002, p1 

    Reports the factors influencing the delay of the information technology (IT) projects at Zurich Financial Services in Great Britain. Collapse of outsourcing negotiations with IBM Corp.; Resignation of Ian Marshall, IT head for general business; Accusations of cronyism to the broker system from...

  • Zurich launches new business protection tool.  // Corporate Adviser;Dec2008, p6 

    The article evaluates the new Business Protection Adviser Tool from Zurich Insurance Co.

  • The Biggest Risks of 2011. J. W. // Risk Management (00355593);Jan/Feb2011, Vol. 58 Issue 1, p44 

    The article discusses the "Global Risks 2011" report published jointly by the Wharton Center of Risk Management, Zurich Financial Services, Marsh and McLennan and Swiss Reinsurance which states that the world is beset by serious risks which are inherent in the customary behavior of modern economies.

  • Global trends present opportunity for risk managers. Williams, Todd; Saporito, Steve // Risk Management (00355593);Apr2001, Vol. 48 Issue 4, special section p24 

    Focuses on the opportunities that global trends present to risk managers and how Zurich Financial Services Group's subsidiary, the Zurich IC[sup 2] can help. Questions being addressed in this risk evolution; Role of audit committee and senior financial management in business risk assessment;...

  • Rising Tides Of Risk. Osterland, Andrew // Global Finance;Jan2014, Vol. 28 Issue 1, p40 

    The article discusses the trends in global risks and the supply chains, focusing on the considerations in the management of risks ranging from extreme weather events to political upheavals. Topics include Linda Conrad, director of strategic business risk at Zurich Financial Services, William...

  • BI webinars focus on new technology.  // Business Insurance;12/3/2012, Vol. 46 Issue 46, p0024 

    The article offers information on two webinars that will be held by the journal "Business Insurance" and Zurich Insurance Co. Ltd. on December 5 and 11, 2012.

  • World Updates.  // Business Insurance;3/18/2002, Vol. 36 Issue 11, p27 

    Reports global developments related to business insurance as of March 2002. Estimation of the net loss of Zurich Financial Services Group; Plans of Danish Reinsurance Group for private equity placement; Net income of AXA SA for the year 2001.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics