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A report by U.S.-based supply chain monitoring firm Resilinc Corp. said that factory fires were the leading cause of supply chain disruption in 2022, with an 85% year-on-year increase in alerts, Supply Chain Digital reported. Cyber attacks, recalls and port disruptions were also among the top global supply chain disruptions.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees