All Risk News articles – Page 101
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Analysis
What should you consider before buying a cyber insurance policy?
JLT Specialty, financial lines, regional assistant director, Menaka Muthu asks why it is pertinent to really understand your risk before buying a cyber policy
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Analysis
Marsh acquires JLT in $5.6b deal
Following completion of the transaction, Dominic Burke, group chief executive of JLT, will join Marsh & McLennan Companies as vice chairman and serve as a member of MMC’s executive committee.
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Analysis
Why strategic risks are not "operational risks viewed strategically"
Chief risk officer, Michael Doyle tells StrategicRISK why businesses need to be very clear on where strategic risk ends and operational risk begins.
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Analysis
Is a recall ever good?
Fall out from a recall can be devastating, hitting retailer and consumer trust, and bringing heavy hidden costs. While some say it is possible to come out of a recall looking good, ultimately prevention is always better than cure.
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Interviews
Ever wondered how airports keep millions of passengers safe? Risk manager, Hans Joerg Schill, tells us how
Managing Fraport AG’s vast insurance operations, with its sky-high risks, is not a job for the faint of heart. Thankfully, managing director Hans Joerg Schill is always pushing the envelope
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Analysis
Europe’s listeria outbreak sends stern warning to risk and supply chain managers
As Europe’s food and industry thrives, the heat is on to manage its risks. We look to the lab where solutions are being developed to better handle contamination and consider a more holistic approach to coverage that goes far beyond simple product recall insurance
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Analysis
QBE’s ex-chief executive is expected to lead Lloyd’s after Beale’s departure
John Neal is reportedly taking over from Inga Beale as chief executive of Lloyd’s
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Analysis
QBE's launches new otherworldly climate risk tool
Partnering with Jupiter, “ClimateScore” is a comprehensive, cloud-based platform that incorporates environmental factors in an integrated, dynamic model to deliver risk-focused solutions.
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Analysis
How to overcome cognitive bias
If we accept there is a cognitive bias in decision making, how can we as risk professionals account for this and help our senior executive make better bias-free decisions? Risk Academy’s Alex Sidorenko discusses.
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Analysis
The relevance of risk registers and matrices
Hans Læssøe, principal consultant at AKTUS and former risk manager of Lego examines whether traditional risk management tools still have a relevant place in project risk management.
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Analysis
The top risk management lessons from the 2018 FIFA World Cup
Corruption, hooliganism, terrorism, cyber attacks, and robbery were risk-managed so tightly that no such incidents occurred. So how did the authorities achieve this?
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Analysis
How can risk managers be confident that international claims will be paid should the worst happen?
Sean Welsch, head of captive management and business development, Zurich explores what happens to local retentions of local policies.
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Analysis
Why does risk management need a systemic approach?
Christoph Schwager, managing director of SRI Strategic Risk Institute and former Chief Risk Officer, Airbus Group and Partner EY explains why risk management always needs a systemic approach.
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Analysis
Insurers alerted after alleged terror attack outside Parliament
The demand for standalone terrorism insurance is increasing due to a spate of attacks across the capital and the UK
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Analysis
Part three: Building resilience in the Fourth Industrial Revolution
In the final part of our series, risk specialist Warren Black explains how organsations can embed a systemic sense of resilience
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Headspace
The very real threat of fake news
So-called ‘alternative facts’ in today’s online world reach many quickly and can ruin the reputations of those in the firing line. Risk managers must be primed to shut down bad buzz before it has chance to spread.
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Headspace
Inside Greenyard Frozen: the listeria outbreak
Aldi, Lidl, Iceland, Sainsbury’s, Tesco and Waitrose have had to recall thousands of frozen foods after harmful bacteria was found in products they sold. Such recalls can result in tumbling share prices or total collapse. Here’s what can be done to minimise the threats
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Analysis
Are heat maps a blessing or a curse?
Ordinary risk heat maps are of limited help for management to steer the company. We need new concepts says Chris Schwager, managing director SRI Strategic Risk Institute
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Analysis
What would be the ideal indicator/parameter to measure your ERM maturity?
Many organisations look for some metric of maturity of their ERM program to show how well they are performing, and potentially where and how they can improve, Hans Læssøe, principal consultant at AKTUS and former risk manager of Lego explains.
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Analysis
Part one: Building resilience in the fourth industrial revolution
In the first of our three-part series, risk specialist Warren Black tells us why risk management in the modern age is harder than at any other time in history.