Analysis – Page 14
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Analysis
Cyber tops list of concerns for D&Os
The shift towards WFH has heightened cyber attack and data loss risks, with exposures for senior managers, finds survey
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Analysis
Ransomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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Analysis
Risk sector must embrace new skills
Airmic’s new CEO Julia Graham on her priorities for 2021 and the association’s plans to host a physical conference in Brighton in October
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Analysis
IoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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Suez backlog presents further disruption
Brexit, the pandemic and recent Suez Canal blockage have brought into question lean manufacturing philosophies
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Analysis
Social inequality shapes political risk map
Pandemic-induced economic stress will continue to exacerbate global political risk throughout 2021, according to Marsh
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Analysis
BCI: COVID-crisis to fuel political risk
Non-occupational disease tops the list of concerns, with mental health, cyber and climate risks also high on the agenda
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StrategicRISK Q1 2021: A slice of the pie
Like so many of us, capitalism kicked off 2021 with something of an existential crisis. Is it time to call time on short-termism?
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Analysis
Digital health sector overexposed - survey
More than two thirds lack insurance coverage for bodily injury claims arising from system failure or cyber breach
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Analysis
BCPs must explicitly address civil unrest
Civil unrest is now the main political risk exposure for companies, with COVID-19 likely to fuel further disturbances
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Analysis
Boards have “fragmented” approach to cyber risk - WEF
Boards have made gains in recent years by recognising cyber as an enterprise risk, but greater resilience is needed
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Cyber: Ransom payments jumped 171% in 2020
Healthcare organisations were most targeted while the rise of ’double extortion’ has fuelled ransomware losses
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COVID/Brexit dominate UK business risks
Climate change ranked as the number 13 risk faced by UK firms, with just 11% identifying it and extreme weather as one of their top five concerns
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Analysis
Bringing more women on board
Suzanne Sangiovese shares her thoughts on women’s risk leadership opportunities on International Women’s Day
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Analysis
RIMS: Pandemic has shaped ERM approach
Health and safety and business continuity have become ERM’s primary focus as a result of COVID-19, according to a RIMS survey
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Analysis
EU urged to avoid tighter rules on sustainable corporate governance
FERMA and trade body EuropeanIssuers have reiterated calls to embed sustainability into existing processes and frameworks
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Analysis
IRM sets out risk agenda for 2021
“Risk management has been at the heart of the global response [to COVID-19] and our profession is firmly in the spotlight”
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Analysis
D&O protection gap grows as rates soar
Escalating premiums and lack of capacity could see firms refusing to purchase or reducing cover, leaving senior professionals on the hook for claims
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Commercial insurance rates rise 22% in Q4 2020
Nearly all regions reported double-digit price increases, led by the UK (44%), Pacific (35%), and the US (17%)
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Hard market drives captive usage
Airmic urges insurers and brokers to place a stronger emphasis on claims capabilities at renewals