Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
The shipping accident in the Suez Canal has far-reaching consequences for supply chains. Ultimately, this also pushes transport insurance to its limits.
Events can lead to business interruptions and production shutdowns without causing any property damage. This is a difficult risk management starting point.
Since the outbreak of the Corona pandemic two years ago, disrupted supply chains have threatened the existence of many companies.
The EVER GIVEN shipping disaster at the Suez Canal has affected the entire world economy. An analysis by Prof. Sebastian Kummer illustrates the damage in its entirety
Over the past 20 years, spring frost events have become increasingly destructive to the fruit and berry production in the CEE region
Since the start of the war in Ukraine, fears of cyber-attacks due to parallel hybrid war are increasing. In this article we explain how the insurance industry is reacting and how the war clause affects conditions.
The war in Ukraine and economic sanctions against Russia have so far had a drastic impact on the insurance industry.
Even if the “passive war risk” is covered: the crucial question is whether insurance claims can be made locally in an area touched by war and which service can be provided by the insurer.
The dangers of war and strike are excluded in the “all risks” coverage, but they are usually included in the individual policies with additional clauses.
Company News
Read about new developments, initiatives and business decisions in the GrECo Group.
GrECo Group, the major risk and insurance consultant in CEE, acquires 56.95% of IIZI Group, Estonia´s leading insurance broker
Petra Steininger
Head of Group Communications
T +43 5 04 04 – 175