Our Scans · (FS.1.07) Industrial Bank · Weekly Summary

• [New] Claims management firms are evolving from their traditionally reactive roles in the insurance industry in response to the increasing complexity and interconnectedness of global risks. The Ohio Society of CPAs
• [New] Latinx communities house the heaviest polluting industrial facilities in Houston and, as a result, face the highest potential risk of adverse health effects due to exposure to a multitude of chemicals. Beyond Pesticides Daily News Blog
• [New] Bringing down prices, particularly for electricity, has been the central demand of business and industry groups, with Make UK warning high prices are rendering businesses uncompetitive and risk deindustrialising the UK. SKY
• [New] Rising global trade tensions and supply chain disruptions pose risks to banks with significant exposures to export-oriented industries, such as manufacturing. European Central Bank - Banking Supervision
• [New] The Luxembourg Institute of Science and Technology has teamed up with commercial insurer FM in a research initiative aimed at addressing cyber and climate risks, reflecting an ongoing strategy in Europe to mobilise public research capabilities to support industry resilience. Insurance Business
• [New] The delay in exports has already prompted some reactions abroad: The European Union has expressed concern over the impact of China's rare earth export measures, citing risks to its industrial base due to heavy reliance on Chinese supply. Strategic Metals Invest
• [New] Supply chain disruptions remain a risk, particularly for industries reliant on UK inputs, as customs adjustments and quota compliance could delay shipments, adding logistical costs estimated at $500 million annually by GEODIS. GeopoliticsUnplugged Substack
• The global insurance industry has entered a critical phase marked by economic uncertainty, climate risks, digital transformation, and evolving customer expectations. Bimabazaar.com - Leading Insurance Thinking
• Economic changes: The IEA said that uncertainty about the evolution of trade and industrial policy, downside risks to the economic outlook, and lower oil prices could affect EV uptake and overall car markets. GoAutoNews Premium
• Offshore Energies UK is urging government to prioritise homegrown energy in its upcoming industrial strategy or risk undermining British industry, jobs and the net zero transition. ""
• China financing Ethiopia's Industrial Parks in Adama and Hawassa, for example, has created thousands of jobs, especially for women, and it has also linked Ethiopia into global supply chains without the risk of compromising local control. IOL
• Deloitte has a strong presence in industries with strict regulatory requirements, like finance and healthcare, and they are known for helping clients manage risk while rolling out new tech. Addepto
• The current course of tariffs by the US and strict EU emission standards pose risks to the US and European automotive industries. GMK.CENTER
• Washington has limited industrial capacity to process rare earth materials at scale, and its resulting dependence on China poses significant national security risks, as illustrated by Beijing's weaponization of rare earth export restrictions in the China-U.S. trade war. The Diplomat
• One Ocean Finance will accelerate the sustainable transition of industries, drive climate-smart innovation, and empower the communities working to protect and restore ocean ecosystems. United Nations Environment Programme
• Industrial Policies and Non-Tariff Barriers: Countries increasingly adopt industrial policies like the Inflation Reduction Act and Make in India to protect domestic industries, risking corruption and resource misallocation. Drishti IAS
• A thriving, gender-balanced insurance industry fuels growth, mitigates global risks, and underpins every sector that depends on protection, from climate and cyber resilience to infrastructure and health. Insurance Business
• India must take decisive action to create the comprehensive legislation that the crypto industry requires while mitigating associated risks. The Hindu
• Recognizing the critical role of secure logistics in supporting economic activities, fortifying cybersecurity measures becomes imperative to mitigate risks and ensure the resilience of Vietnam's logistics industry against evolving cyber threats. CYFIRMA
• In Khartoum's urban areas, hazardous industrial sites are often closely interwoven with residential neighbourhoods, increasing the risk that local people may be exposed to pollutants when sites are damaged. CEOBS
• A growing population, climate change exacerbated fire weather, increasing industrial activity and a rising threat of worldwide transnational terrorism all increase the risk of BMCIs. BioMed Central
• The risk for the UK is that over time more and more co-operation will take place in an EU framework, undermining existing industrial partnerships and cutting the UK out of much-needed efforts to deepen defence industrial co-operation. Centre for European Reform
• While most regulators agree that AI-related risks in the insurance industry merit attention, EU authorities are taking a different approach to addressing them than UK and U.S. state regulators. Debevoise

Last updated: 26 June 2025