Analysis
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Analysis
Spotlight on: using AI to manage supply chain risks
Generative AI promises to transform supply chains – enhancing efficiency and data quality, reducing labour costs, and much more. But over-reliance on this new tech could expose the entire chain to new weaknesses in accuracy, security and fairness.
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Analysis
Lessons from the Indian Ocean tsunami - 20 years on
A new report by the Swiss Re Institute outlines the key lessons risk managers and governments must learn from the world’s most deadly tsunami
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Analysis
Risk briefing: how to take advantage of AI, whilst also managing risks
Philippe Cotelle, head of insurance risk management at Airbus Defence & Space and chair of FERMA’s digital committee says that while AI risks must be managed, it cannot be at the expense of ignoring the opportunities
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Analysis
Can risk prevention mitigate against the increase in cyber attacks on the public sector?
With cyber attacks on the public sector increasing in scale and volume, how can risk managers adopt an active model of cyber insurance
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Analysis
Wind industry must urgently prioritise fire safety, amidst growing public concern
New research shows that pre-installing this technology is more cost-effective, saving wind developers and owner-operators at least $300k and up to $11m.
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Analysis
How businesses can shore up defences amid flooding in central and Eastern Europe
Preventative measures will reduce Central European flood cost, says Moody’s. Here are the steps that impacted businesses should take now
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Analysis
Are airports resilient enough?
Amid outages and power cuts at the UK’s major airports, Chris Butler, resilience director at Databarracks asks how the how the sector will handle the approaching peak season
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Analysis
Risk briefing: learning lessons from the Germany floods
As estimates of losses from the Germany floods hit between €2-3billion, experts examine key lessons for businesses
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Analysis
Quick briefing: learning lessons from the Dubai floods
Preparation and planning are everything, when it comes to managing flood risk. Experts share their top tips for getting ahead of threats.
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Analysis
Risk briefing: preparing for a record-breaking tornado season
Businesses must prepare now, amid predictions of heightened tornado activity. Here’s how
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Analysis
The heat is on: climate change set to increase economic losses
New research shows the economic impacts of climate change are set to get even more severe. Risk professionals must therefore urgently target prevention and mitigation measures.
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Analysis
Cyber tops risk concerns for European businesses, with nat cat threats rising rapidly
As ransomware attacks, flood, fire, and floods ravage companies across Europe, new research highlights the steps that risk professionals can take to manage the threats.
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Analysis
How risk professionals can find a path through the web of interconnected threats
Companies must accelerate their response to a more pervasive and complex risk environment and take steps to reinvent risk management. Here’s how
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Analysis
$100bn annual nat cat losses is “the new normal” - how risk managers can better prepare
2023 highlighted the need for a proactive approach to risk identification, mitigation and adaptation including a renewed focus on downward counterfactual analysis.
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Analysis
Maui wildfire insured losses “will be at least $1bn”
Commercial property insurers will likely reassess their exposures, pricing and reinsurance as a consequence of the wildfires in Hawaii, says Moody’s
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Analysis
Risk management is the best way to control insurance costs
Insurers want to work with businesses to counteract the impact of inflation, which threatens to drive up the cost of property and casualty claims, says David Jones, Director of Underwriting, QBE Europe.
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Analysis
Chubb launches dedicated climate transition unit
The unit brings together traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering
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Analysis
When the lights go out
As Europe heads into a ‘Winter of Discontent’, how can risk managers plan for the worst, and coldest, of the energy crisis?
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Analysis
Ferma interview: Supporting transition journeys
AXA XL’s Corinne Southarewsky explains the vital role of risk engineering in supporting clients’ progress to Net Zero
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Analysis
Blog: FERMA 2022 Daily News Summary sponsored by AXA XL
Reporting from the FERMA Conference 2022