Analysis – Page 10
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Analysis
Martínez García awarded Certificate in Risk Governance
She serves as the group chief risk officer for SACYR and serves on the FERMA board
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Insurers lack ‘meaningful change’ around D&I
The Dive In 2021 festival will reveal a ‘big pool of talent that people don’t realise they are not tapping’, explains sister title Insurance Times
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Recall rates remained high in Q2 - Sedgwick
Corporates with global supply chains and a heavy reliance on efficient manufacturing are feeling the brunt
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Boards sharpen focus on external risks - McKinsey
Directors seeking to identify risks that can “test a company’s resilience”, including political risk and the climate crisis
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RepTrak: High correlation between ESG and trust
Corporate transparency and accountability are now an expectation, finds corporate activism study
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AGCS: Bigger ships, bigger exposures
Suez Canal incident shows ever-increasing vessel sizes exacerbates marine and supply chain risks
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COVID continues to fuel political unrest - Aon
Extremists and activists from across the spectrum are evolving their narratives, finds 2021 Risk Map
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Cyber tops financial services risk register
Cyber attacks, pandemics and over regulation are among the biggest fears for CEOs at banks and insurers - PwC
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COVID-19 forced firms to ‘cut corners’
Under mounting pressure to increase revenue and profits, with just 40% of European organisations carrying out adequate due diligence - Refinitiv
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Half of businesses ‘feel more resilient’ than a year ago
Sector attitudes to risk vary, finds Beazley, with those hardest hit by lockdown restrictions feeling less resilient
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MS Amlin appoints interim CRO after Desai departs
James Maxwell has been appointed interim CRO following the departure of Vishal Desai after just five months in the role
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France Europe’s most complex country for business
For the UK, the conclusion of Brexit, along with new international trade agreements, brings increased clarity and stability
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Wegener: “Cooperation is essential. Resilience is critical”
Dirk Wegener has another two-year mandate as president of the Federation of European Risk Management Associations
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BoE launches climate stress test for banks, insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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Child labour an emerging supply chain risk
Organisations are urged to take action to root out child labour within their supply chains as numbers grow to 160 million worldwide
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Emerging risks and the “COVID effect”
Government support programmes have kept alive unviable zombie companies, while wealth inequality has broadened, finds Swiss Re SONAR
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GDPR fines nearly €300 million
The EU has issued a total of 648 penalties since the regulation was introduced three years ago
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Firms failing to anticipate emerging risks
Effective risk resilience is increasingly correlated to a firm’s viability and growth potential, finds Marsh
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Cyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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COVID-19 continues to test supply chains
Pandemic is exacerbating trends such as cargo crime, man-made disruptions, and political protests, which all threaten supply chain resilience in 2021