Risk managers need more sophisticated tools to evaluate third-party supplier risks, says former Paypal deputy CISO, but most importantly, they need to be able to tell a business when to walk away from a supplier that’s too exposed
As FERMA celebrates its 50th birthday, StrategicRISK Magazine spoke to its board members and risk leaders about how the risk landscape is changing and the priorities for the future. Here Professor Simon Grima, associate professor, head department of insurance, Faculty of Economics, Management and Accountancy, University of Malta shares his ...
L’Oréal Groupe, a company known for its attention to sustainability and resilience, isn’t resting on its laurels when it comes to assessing climate-related risks and building an adaptation strategy to address them.
Packaging provider DS Smith recognises that cyber is a dynamic risk that demands ongoing evaluation – and traditional insurance modelling wasn’t delivering the goods. A new partnership offers innovative, proactive solutions that mean the difference between merely transferring risk and actually preventing loss. Sara Benwell reports.
A producer of cables for the energy and telecoms sector, Prysmian is embedded in the green transition. Internally too, climate risk is a central concern, says CRO Alessandro De Felice, as it continually develops new ways to integrate TCFD reporting into its ERM framework.
Against a backdrop of bank failures and low consumer trust, the financial services industry is juggling escalating cyber threats, ever-rising regulatory scrutiny, and the need to innovate. Sara Benwell reports.
Deutsche Bank’s Ramesh Gopal doesn’t let volatility get to him, even when managing a risk region that includes Russia, Ukraine and Israel. Here he discusses his ‘keep calm and carry on’ mentality, and why Dubai is the perfect centre point for global business.
Growing political risks are forcing risk owners and managers to rethink their approach to geostrategic intelligence, writes Henry Wilkinson, chief intelligence officer at Dragonfly
The race to tackle climate-related risks is on, and many businesses know what they need to do. But how can they overcome barriers and get the support needed to really make a difference?
Many have rung the death knell for retail over the years, but the sector isn’t dying – it’s just changing. Retail risk managers have their hands full, managing disruptors like AI integration and the next generations’ consumer habits, alongside supply chain issues and loss prevention. Trevor Treharne reports.
The strikes highlighted the need for risk managers to have better levels of information on the impact of developing risks across the world
Too many organisations are operating in the dark, unable to clearly see the exposures they face. Adrien Norulak, head of risk analytics, at Swiss Re Corporate Solutions explores how better data collection, analysis and communication can help companies better manage their mitigation and insurance solutions.
The go-live date for the European Union’s wide-ranging DORA is rapidly approaching. But is the financial sector ready for it? Are company silos that need breaking down really being dismantled? This month’s webinar dived straight into this complex area,
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Inside Swiss Re Corporate Solutions’ innovative new approach to claims management and how it can help businesses to keep operations moving smoothly