Analysis – Page 12
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Analysis
PPPs needed to insure systemic risk
Future climate and systemic risks remain a key challenge - Insurance Development Forum
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Lloyd’s offers AI-enabled reputational risk cover
Product helps mitigate the risk to profitability posed by reputational crises and offers real-time threat insights
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Climate change to transform renewable risk landscape
Overcoming barriers to scale, regulatory scrutiny and potential future litigation are key challenges for risk managers in the sector
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WEF: Why investment in resilience pays off
“It is always cheaper to build a dam than to pay for the flood” - WEF Global Risks 2021
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BI and pandemic top Allianz Risk Barometer 2021
Pandemic is a “reminder that risk management and business continuity management need to further evolve”
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D&Os face rise in insolvency claims
Corporate bankruptcies will be a strong driver of D&O risk in 2021 in the UK and Germany, predicts Clyde & Co
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AGCS: Directors face volatile risk landscape
COVID-19 related insolvencies and ’event-driven’ litigation linked to diversity, climate change and/or ESG concerns are exposing D&Os
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Better standards guide IoT risk management
As dependency on connected technologies increases, so do associated risks and the need for good governance, argues the World Economic Forum
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Climate change: Time for alliance
Experts at Airmic’s virtual Climate Change forum had a message of hope as they identified more joined-up thinking on the climate challenge
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Internal failures drive cyber claims frequency
Business interruption is the main cost driver behind cyber losses, accounting for around 60% of the value of all claims - AGCS
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FERMA: Risk managers a ‘strategic partner’ on sustainability
Corporate risk and insurance managers already have a framework that can be incredibly useful in terms of managing sustainability risks
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RIMS to host virtual ERM conference
The conference on 4 and 5 November will explore ERM as a catalyst for successfully navigating today’s volatile risk landscape
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DAY 3: Three trends that will shape the world
Four experts at Airmic Fest identified longevity, digitalisation and climate change as three trends that will change the way we do business. Here’s how they’ll affect risk management.
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Fighting cancel culture
Before you can manage and mitigate risks to your brand and reputation, you first need to be able to measure it
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Climate change and ESG transforming mining risk
Mining companies must incorporate ESG, above all climate change into their risk mitigation strategies in order to survive in the future - WTW
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Long-term governance failures caused Beirut blast
Governmental shortcomings were to blame for the explosion in Lebanon, according to risk experts, who say lessons can be learned from the incident
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Measuring risk culture: Greenstein
Companies are investing heavily in GRC tools, but often lack the ability to measure risk behaviour and culture, says Justin Greenstein
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Due diligence the key for third-party risks
Research from Refinitiv reveals 43% of third-party relationships are not subject to any form of due diligence checks
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Strengthening business resilience after COVID-19
The speed with which the crisis unfolded meant companies had to improvise, because their crisis-response plans were too rigid and slow - Arthur D Little
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Cybercrime to cost global economy $6 trillion by 2021
UK, Germany and France among the countries most targeted by significant cyber attacks between 2006 and 2020 - Specops