All Strategic Risk Global articles in Online only – Page 65
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Analysis
Cyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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Analysis
Physical climate risk to test limits of diversification - Fitch
Companies with strong internal coordination and contingency planning will be better placed to respond to climate shocks
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Analysis
Hiscox cyber study suggests complacency
German firms were hardest hit by cyber attacks and ransomware is now commonplace, with one in six firms targeted
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Analysis
Semiconductor shortage disrupts supply chains
Scarcity is expected to be short-lived but will cause problems for sectors including electronics and motor, according to Oxford Economics
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Opinion
Vaccine passports and privacy pitfalls
The data in ‘vaccine passports’ is the most sensitive information many firms will have ever managed
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Analysis
WTW launches climate transition risk framework
New tool will assess companies’ transition plans to a low-carbon economy and ensure firms can continue to access insurance
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Analysis
Q1 commercial insurance prices rose 18%
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
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Analysis
Lessons in risk from the Boeing 737 MAX disasters
Myriad failures that contributed to the 737 MAX crashes revealed “systemic shortcomings” in Boeing’s ability to manage risk - Arthur D Little
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Analysis
COVID-19 continues to test supply chains
Pandemic is exacerbating trends such as cargo crime, man-made disruptions, and political protests, which all threaten supply chain resilience in 2021
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Analysis
FERMA welcomes ‘Open Insurance’ initiative
A more transparent commercial insurance market will have “tremendous value” for risk and insurance managers
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Analysis
Geneva Association urges action on pandemic backstop
Governments must take on role of insurer-of-last-resort in future pandemic risk solutions, finds thinktank
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Analysis
Financial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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Opinion
The road to future-proofing your supply chain
As companies look to pivot from the pandemic, their focus of attention is turning towards building sustainability in supply chains
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Analysis
Sedgwick in flood resilience push
A combination of recoverable and resistant measures for properties could avoid the high cost for future floods
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Analysis
D&O market is ‘brutal’, say brokers
The D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of the hard insurance market, said panellists at Insurance2025
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Analysis
Governments most targeted by ransomware attacks
The government sector was most affected by ransomware attacks in 2020, followed by banking and manufacturing
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Opinion
Risk management for a digital world
When implemented properly, the Digital Risk Management (DRM) system becomes an integral part of an organisation’s culture
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Analysis
Lessons from the Super League fiasco
The backlash against the Super League is a “perfect example” of how to destroy trust and reputation in the blink of an eye - BCI
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Opinion
A smarter approach to business travel
How can businesses balance the bottom line with environmental responsibility when planning their post pandemic business travel?
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Analysis
Cyber tops list of concerns for D&Os
The shift towards WFH has heightened cyber attack and data loss risks, with exposures for senior managers, finds survey