All Risk Type articles – Page 7
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HeadspaceThe reasons why board members are failing to manage cyber risks – Jonathan Brooks, Willis’s cyber expert
Jon Brooks From complacency to a lack of ownership, Jonathan Brooks, Willis’s cyber expert , reviews the top reasons why boards are not in control of cyber risks
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ICAP fined €14.9m for participation in cartels in Yen interest rate derivatives sector
The broker had facilitated six of the seven cartels in the sector
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Corporates fail to assess value at risk before buying insurance
The worst practice in corporate risk financing is that companies are buying cover without checking assessments produced by risk managers
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New technologies: new fraud?
Technological innovations are facilitating greater interaction between businesses and customers, but fraudsters are exploiting the greater amount of data transactions
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Corporates are losing cyber war because their approach is disjointed
Cyber criminals have the advantage because firms lack cohesion in the reporting, assessment and communication of digital risk
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Big Data is the new oil of enterprise and artificial intelligence will unlock its value – IBM chief technology officer
Artificial intelligence can break down Big Data into useful, understandable information and calculate effective solutions to problems
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Aggressive auditing by regulators is exacerbating compliance risk, warns Zurich
“It is difficult for risk managers at global corporates to manage so many different risks with regulations constantly changing”
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High frequency of unusual weather poses serious threat to corporate’s finances
Up to a quarter of a firm’s revenues can be significantly affected by weather anomalies, says AXA Corporate Solutions’ Tanguy Touffut
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Supply chain resilience drops in 50% of countries – FM Global
Ahead of FM Global’s Resilience Index 2015, the insurer says businesses should sharpen up on their supply chain management procedures
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“Time to rethink business interruption”
Marsh’s Caroline Woolley warns of a mismatch between how risk managers and insurers approach business interruption risk
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New tool quantifies insurers’ exposure to data breaches
Willis Re launches PRISM-Re to combat the leading cause of cyber losses
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Should insurers and policyholders turn their backs on arbitration?
Arbitration was traditionally favoured over litigation to resolve coverage disputes, but some recent cases have cast doubt on whether this is always the best method to follow
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New model quantifies political risk to investors
Investors in Ukraine are expected to lose more than one third of their investment in a 10-year time frame
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Growth opportunities at its highest in the UK compared to other EU countries according to 1,322 chief executives
Chief executives also highlighted the US, Germany and China as the most important countries for growth, but say they are concerned by a shortage of talent
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Freezing weather resulted in an estimated gross loss of €129,000 for business – FM Global
Thomas Roche , Northern Europe operations vice-president, outlines top five steps against freeze damage
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Potential changes to Pool Re costs and rules on kidnap and ransom on the horizon
Two terror-related rule changes emanating from the UK have put corporate property owners and those using London’s kidnap and ransom market on notice
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Paris terror attacks a warning of rising geopolitical risks
The spread of political and ideological violence is expected to continue and the latest attacks are a warning that the risk is a global threat
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Supply chain: what companies should do to ensure their suppliers deliver
As supply chains grow in complexity and businesses become increasingly interdependent, firms need to be more proactive in managing the risks along the chain
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Why firms should switch to green energy despite drop in oil prices
Tumbling oil prices may affect growth in the renewable energy market, but businesses should seriously consider switching to cleaner forms of fuel
