All Strategic Risk Global articles in Online only – Page 86
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Opinion
Managing contract risk during a pandemic
How the coronavirus pandemic presents an opportunity to strengthen contract terms and implement better risk management tools
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Analysis
Energy sector loss severity is growing
Global energy firms need to address the changing risks of older refineries and petrochemical plants - Marsh
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Analysis
FERMA launches non-damage BI taskforce
Aim is to find a solution that provides cover for non-damage BI for all types of catastrophe risks, not just pandemic
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Analysis
GVNW calls for pandemic risk pool
Pandemic shows that existing insurance solutions do not offer sufficient protection for the economy, says German risk management association
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Special Reports
Special report: Supply chains
Supply chains may be complex and suppliers remote, but you must know their ESG strategies well.
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Analysis
Restart facilities with care - AGCS
20% to 30% of AGCS fire claims are related to the condition of electrical equipment and installations
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Analysis
Insurers on the hook for up to $80 billion in COVID claims
Total claims could exceed those of 9/11, underscoring the need for a government backstop - Willis Towers Watson
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Analysis
COVID-19 will change risk management - IRM
The future will see a sharper focus on resilience and strategic risk management, predicts survey
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Analysis
FCA seeks “clarity” on business interruption claims
Insurers given up to six months to reassess whether their products are still offering value to customers
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Analysis
COVID-19 biggest shock to the global energy system since WWII
”Energy industry that emerges from this crisis will be significantly different from the one that came before” - IEA
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Analysis
Digitisation can mitigate supply chain disruption - study
Companies and solution providers will need to integrate previously siloed areas of supply chain management
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Analysis
How to avoid restart risks
Pre-start up safety reviews can help reduce losses when idle facilities are put back into operation - Swiss Re Corporate Solutions
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Analysis
RIMS calls for pandemic risk insurance program
91% of RIMS members are supportive of a TRIA-type program for insurance claims relating to losses resulting from a pandemic
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Analysis
COVID-19 to fuel rise in data breaches
Analysis reveals a 227% increase in coronavirus related fraud cases reported to the UK’s NECC
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Analysis
AXA XL offers virtual risk assessment
Tool will highlight potential new risks as manufacturers adapt their businesses during the pandemic
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Analysis
Cybercriminals profiting from COVID distraction
There are increasing aggregation risks associated with the shift towards remote working, warns AIR Worldwide
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Analysis
Use digital transformation to your advantage: Corless
Digital transformation should be used to “reliably and repeatedly detect changes to risk”, argues risk thought leader Chris Corless
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Analysis
Is blockchain the solution for broken supply chains?
Resilience of supply chains “can be improved” through the deployment of blockchain technology - World Economic Forum
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Analysis
WTW launches cyber marine cover
Product includes business interruption cover in the event of a cyber incident that disrupts operations
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Analysis
Insolvency risks soar amid COVID crisis
Virgin Australia has become one of the biggest casualties of the COVID-19 outbreak so far