All risk management articles – Page 3
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NewsTotal Turkey quake losses will exceed $25 billion, says RMS
Catastrophe is a wake-up call for other earthquake-prone regions, with adherence to building codes essential for resilience
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The Russian invasion of Ukraine: One year on
Lessons learnt include the need for more robust crisis management and better contingencies
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Airmic: Resilience essential amidst rising geopolitical tensions
‘Once-in-a-generation events’ demand a collaborative response from risk and internal audit professionals
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Surviving today’s “poly-crisis”
Not all risks can be managed out of existence and it’s time for insurers to step up
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UK property cladding risk dataset launches
It will enable insurers to better understand the risks posed by flammable cladding on highrise buildings
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UK underinsurance crisis evident in 2022
Valuation firm finds that 75% of properties were underinsured in instructions received last year
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Ransomware is a ‘potential wrecking ball’ for businesses
Reports suggest that the UK’s Royal Mail has refused to pay its $80m ransom to cybercriminals LockBit
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Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Brit increases cyber consortium capacity by 50%
Product is designed to protect clients from the impact of physical damage arising from cyber-attacks
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National Grid spends £4 billion avoiding winter blackouts
The record spending highlights the need for more stable forms of power, with nuclear and renewable sources mooted
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China spy balloon: Inflating tensions
The balloon controversies come just as the US and China were attempting to stabilise relations
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Risk management essential to future-proofing supply chains
Businesses need a better understanding of multi-tier supply chains to limit the impact of disruption, says Chubb
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Potential targets warned in VMware ransomware campaign
The majority of impacted ESXi servers are in France and Germany with at least a dozen universities impacted
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Ukraine victim to 29 state-sponsored attacks in 2022
Rise of state-sponsored cyberattacks poses a significant threat to the stability of our interconnected world
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Risk managers voice concern over sensitive data stored by cyber insurers
Airmic members say the “gold mine” of sensitive data they share with underwriters could present a security risk
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Global freeze map will help with business continuity
Freeze risk regularly impacts equipment and infrastructure which is often hidden and enclosed within a building
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Russia-Ukraine conflict: At a crossroads
Both sides appear to be gearing up for a long, attritional war, with consequences on both sides
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Re-inventing sanctions screening
Why firms must improve compliance, drive efficiency and tackle friction as the war in Ukraine rumbles on
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Supply chains: Building slack into the system
How do you manage supply chain risk effectively in a world of constant disruption?
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Turkey earthquakes: Port fires impact $679m of global trade
Damage at Iskenderun is a reminder that ’a single point of failure’ can ripple across supply chains - Russell Group
