Category Archives: Mining
The Rise of Resource Nationalism in Mining
Resource nationalism is on the rise as governments of resource-rich countries increasingly wise up to new forms of intervention in order to gain a greater share of the proceeds from strategic projects.
Continue reading →What Risks Will Emerge in 2013?
We look ahead for the risks businesses should prepare for in 2013. Read their predictions and vote for the one most likely to affect your business this year.
Continue reading →Our Scariest Mining Risk – Strike Contagion: The New Epidemic in the Mining Industry
Is South Africa facing a “meltdown in the mining sector” as posed by Perry Williams of the Australian Financial Review?
Continue reading →Vodka, Airag and Natural Resources – a Winning Combination
When I mentioned to a number of people in Melbourne that I was going to Ulaan Baatar, they all said “Where is that?” It is always my intention when I pen a blog to inform, elucidate and entertain, so I …
Continue reading →South African Insurance Industry Won’t be Hit by Strike Claims
The recent tragic events effecting South Africa’s mining industry highlight the potential exposure that exists to investments in many emerging market locations as a result of loss or damage related to strikes, riots and labour disturbances.
Continue reading →Video: Claims Disputes Spark Calls for Standard Mining Wording
As stated in our most recent Mining Market Review, the mining insurance industry was rocked by natural catastrophe and operational losses to the tune of $3.5 billion last year—almost six times the estimated annual premium base of $600m. But when …
Continue reading →Biggest Risks Facing Mining Industry
In my last blog, I referred to the number of losses suffered by the mining industry over the past five or so years. I noted that losses originated from a plethora of causes including natural catastrophes and operational shock losses.
Continue reading →Emerging Mining Risk of 2012
Contingent Business Interruption (CBI)/Supply Chain exposure is the greatest unknown in the insurable risk transfer business. It has been an insured extension to most Industrial Special Risks insurance contracts for decades, but the impact of globalization on this extension has only really been felt in the last few years.
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Scariest Mining Risk: Coal-tastrophe
When we are young, our parents calm our fears of the dark by turning the light on. But what would happen if the light didn’t come on?
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