Focus
December 2013
Supply Chain and Contingent Business Interruption (CBI)
A perspective on Property and Casualty
SUMMARY
Foreword � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 3 1 How have the globalization of trade, consumption and the economy led to the relevance of CBI coverage? � � � � � � � � � � � � � � � � 6
Denis Kessler
2
End to end supply chain risk: understanding drivers and resolving complexity� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 12
Catherine Geyman
3
Business Interruption and Contingent Business Interruption: origins and development � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 20
Didier Schütz
4
Resilience of the business model of two key industries: the Onshore Energy Industry � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 24
Michel Krenzer
5
Resilience of the business model of two key industries: the Automotive industry � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 34
Benjamin Auray
6
Modelling the effect of catastrophes on international supply chains � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 40
Danny Ralph
7
BI/CBI: Risk Management and Exposure mitigation
Didier Schütz
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46
8
CBI: a claims perspective
�������������������������������������������������
50
Jonathan Clark – Marc Giovannetti
9
Contingent Business Interruption and Wide Area Damage � � � � � � � � � � � � 56
Harry Roberts
10 BI/CBI and supply chain management: the point of view of treaty reinsurers � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 60
Michel Blanc
11 Accumulation covers (supply chains & CBI)
Victor Peignet...
