Risk News

  • Deal_cropped

    Marsh owners issue further $1.1bn notes offering to acquire JLT


    Marsh’s acquisition of JLT is expected to be finalised on 21 March subject to customary conditions and the new notes offering is in addition to a $5bn notes issuance announced in January

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    Three fatal mistakes corporate risk managers make


    A new paradigm in risk management is beginning to take shape, with more professionals talking about a shift to risk-based decision making and culture. But this has also uncovered some ugly truths about how we apply risk management in our businesses, writes Alex Sidorenko, chief executive of Risk Academy

  • New thinking in risk 2

    The abuse of 'risk'


    Risk can be a good thing – business survive and thrive on good risk management. But the problem is, because we have all been misusing the word ‘risk’, its true meaning is now lost, writes Tony Thornton, ERM and business continuity expert

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    Brexit chaos spells trouble for risk managers


    As the Brexit deadline nears, uncertainty prevails after British MPs rejected the prime minister’s deal – twice. Strategic RISK gathers the reaction of European risk managers, including the chief risk officer of French pharmaceutical company, Ipsen, who has prepared the business for a ‘hard Brexit’. Sara Benwell reports

  • new thinking in risk

    A how-to guide on how to apply decision-focused risk management in practice


    Strategic RISK and Hans Læssøe principal consultant at AKTUS and former risk manager of The LEGO Group took to LinkedIn for a ‘live’ Q A on how best to carry out decision-focused risk management. Here’s how our discussion played out

  • Confusion

    Why current risk definitions just don’t work


    ‘Intangible’, ‘the effect of uncertainty on objectives’, ‘likelihood’, ‘probability’, ‘consequence’, and ‘impact’ – do these perennially-used terms add clarity to risk management practices or do they just dilute and confuse what we do? asks Tony Thornton, ERM and business continuity expert

  • Airplane

    Ethiopian Airlines crash broker and insurer named


    Ethiopian Airlines Flight 302 crashed shortly after take off, south of the Ethiopian capital Addis Ababa on Sunday, killing 157 passengers and crew. Strategic RISK  is placing the crash under the microscope and will be investigating further. Here’s what we know so far

  • Capture

    How I would change risk management


    #ChangingRisk requires a greater reach. The risk manager’s role? To educate the board, the c-suite and decision-makers on how to apply risk management to strategic decision-making, says Alex Sidorenko, chief executive of Risk Academy

  • risk appetite

    Why the whole concept of risk appetite is nonsense and how to change it


    The concept of risk-appetite has been around for years, yet so many risk practitioners still find themselves confused and unsure how to quantify, formalise and document it. Well, the short answer is you don’t need to. There is a better way, writes Alex Sidorenko, chief executive of Risk Academy

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    Let’s rethink the bow tie model so we can effectively articulate risk


    Home in on cause and outcomes not incidents and risks, writes Tony Thornton, ERM and business continuity expert