All Risk News articles – Page 74
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Analysis
COVID-19: The global risk response - IRM
“Professional risk management will deliver the resilience that organisations will need to emerge and recover from the pandemic crisis” - Iain Wright
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Analysis
FERMA calls for EU-wide NDBI resilience framework
The framework would respond to a range of catastrophic events, such as pandemic and cyber-attacks, that create severe non-damage business interruption losses
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Analysis
Refinitiv survey exposes lack of supply chain transparency
COVID-19 is set to have a substantial impact on the risk landscape, particularly in terms of supply chain and third-party risk
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Analysis
RIMS launches risk advisory service
“The world’s risk management community must come together to share their experiences and advance the profession”
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Analysis
Covid-19 heralds hardest of hard markets
Few insurance classes are expected to emerge unscathed as markets harden in the wake of coronavirus - Insurance Times
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Analysis
FM Global launches 2020 update to Resilience Index
“When recovering after a crisis like COVID-19, resilience should be a key consideration for people, countries and businesses”
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Analysis
WEF launches COVID-19 Risks Outlook
Economic distress and social discontent will rise unless world leaders, businesses and policymakers work together to manage pandemic fallout, warns WEF
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Analysis
Most insurers can withstand COVID stress test - AM Best
Insurers are likely to see a significant hit to earnings in 2020, rather than a material decline in risk-adjusted capitalisation
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Analysis
GVNW cancels risk symposium 2020
German risk and insurance association cites the limitations of the COVID-19 pandemic; will host virtual lectures and discussions instead
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Analysis
Pandemic tests staff well-being - QBE
Younger employees were most likely to admit that they felt under pressure to deliver more
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Analysis
Airmic to host virtual risk festival in September
”One of the welcome consequences of the pandemic crisis has been our members’ fantastic adoption of virtual networking and learning” - Ludlow
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Analysis
Allianz names Berry chief risk officer
John Berry has been appointed as chief risk officer for Allianz Holdings and Allianz Insurance
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Analysis
Lloyd’s pegs COVID losses at $4.3 billion
Estimates total industry losses of $203 billion; claims on a par with 9/11 and the combined impact of hurricanes in 2005 and 2017
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Analysis
Don’t damage trust, Airmic warns insurers
Insurers can “either interpret ambiguous contract wordings with their balance sheet in mind, or they can act as partners to long-standing customers”
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Analysis
Boards urged to keep climate change on the agenda
As companies reel from the effects of COVID-19, there a danger that climate change will slip off the boardroom agenda
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Analysis
Pandemic heightens terror risk - Pool Re
States weakened by the serious economic consequences of the pandemic will be more vulnerable to the emergence/resurgence of terrorist groups
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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.