Analysis – Page 53
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AnalysisInsurers are covering reputational risk
For too long there has been a mismatch between the cover that risk managers demand and the policies that insurers are willing to provide.
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AnalysisHow not to fail like Debenhams
One of the UK’s largest chains of department stores fell into administration earlier this month, making it the latest in a series of high street failures. So we at StrategicRISK thought we’d ask, how can risk managers help their companies avoid the next big corporate failure?
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AnalysisDoes the Notre Dame blaze mark a failure in risk management?
The fire all but destroyed the roof of the 850-year-old building and felled its spire, to the dismay of thousands of horrified onlookers who lined the streets of Paris. Risk managers in France and across Europe ask, could the disaster have been prevented by more effective risk management?
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AnalysisBrexit deadline extension could cost firms big
For Carl Leeman, the chief risk officer of logistics firm, Katoen Natie, Brexit plans for his business are underway. But he warns that the extension, while better than no deal, will significantly bump up operational costs for most companies
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AnalysisHow the Prysmian Group is preparing for a hard Brexit
Supply chain and business interruption are some of the challenges that Alessandro De Felice, chief risk officer at the Prysmian Group and Ferma board member, is trying to mitigate as he prepares his business for the UK’s departure from the EU
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AnalysisHow would you risk-manage the Ethiopian Airlines crash?
Investigations are on-going as to what caused the disaster but what has ensued so far are a range of crisis risks, from reputational damage to share price loss. Risk managers offer their views on how they would lessen the impact
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AnalysisRisk managers fear mergers will impact choice
Risk managers predict further consolidation of the broking sector following Marsh’s $5.6bn takeover of JLT, but fear mergers will reduce the level of choice for insurance buyers.
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AnalysisWhat Marsh’s $5.6bn acquisition of JLT will mean for risk managers
Ever since Marsh announced that it had snapped up smaller rival JLT for $5.6bn, securing its position as the world’s largest insurance broker, risk managers have asked what it will mean for them. Today (2 April), the two firms sat down to explain
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AnalysisPushing nat cats up the chain of command
CFOs are increasingly being held accountable for losses arising from nat cat events. Their best defence? To team-up with their risk manager
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AnalysisHow you can achieve decision-focused risk management in minutes
Prudent risk management can take minutes and can be easily be scaled up, with the right approach, says Hans Læssøe, former risk manager of The LEGO Group
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AnalysisCan Lloyd’s reinvent itself after its £1bn loss?
After more than 330 years, the venerable insurance market Lloyd’s of London has announced plans to overhaul the antiquated way it does business
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AnalysisBrexit, global trade wars, climate change, ageing populations and new technology: the five drivers to an unpredictable world
Business leaders believe that the world is becoming less predictable, posing a threat to revenue
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AnalysisChallenge and change or be replaced by robots
There is no greater ammunition for #ChangingRisk than the opportunities presented by new technology. We must use it to enhance and evolve risk management practices or we risk becoming obsolete, writes Philippe Cotelle, board member of Ferma and Amrae
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AnalysisBrexit chaos spells trouble for risk managers
As the Brexit deadline nears, uncertainty prevails after British MPs rejected the prime minister’s deal – twice. StrategicRISK gathers the reaction of European risk managers, including the chief risk officer of French pharmaceutical company, Ipsen, who has prepared the business for a ‘hard Brexit’. Sara Benwell reports
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AnalysisEthiopian Airlines crash broker and insurer named
Ethiopian Airlines Flight 302 crashed shortly after take off, south of the Ethiopian capital Addis Ababa on Sunday, killing 157 passengers and crew. StrategicRISK is placing the crash under the microscope and will be investigating further. Here’s what we know so far
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Analysis(Mal)practices in the use of risk matrices: is there an alternative?
The effectiveness of risk matrices has long been debated with some questioning its value – so let’s assess other risk methods, including multi-criteria, writes Slawomir Pijanowski, risk management expert and consultant for Atos Consulting
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AnalysisMarriott cyber attack: could it have been prevented?
The hotel chain was hit by a significant cyber hack, affecting 500,000 customers, who had sensitive data stolen, including names, addresses, dates of birth and passport numbers. From IT security, due diligence to cyber insurance, risk managers draw out lessons for the future
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AnalysisRisk management blended with data will deliver incisive decision-making
Risk management is transforming, but data is the game-changer in #ChangingRisk for the future, says Danny Wong, founder of GOAT Risk Solutions and former director of corporate risk at IHG
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AnalysisCyber governance ‘not rocket science’: Airbus
Philippe Cotelle, the head of insurance and risk management for the defence and space division of Airbus, has said the governance of cyber risk is “not rocket science”.
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AnalysisMondelez case prompts cyber warning
As the $100m Mondelez vs Zurich case continues in the US, StrategicRISK takes a closer look at the case and what it means for risk managers globally.
