All cost of living crisis articles
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Opinion
Decision-making in the polycrisis era – will the risk profession rise to the challenge?
Traditional approaches to managing risk are not adequate, and risk professionals must adapt now. Co-authors of Decision-Making in the Polycrisis era, Ben Cattaneo and Daniel Wagner, share their tips for rising to the challenge
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Analysis
Failure to prepare for climate change “a threat to UK national security”
The government’s National Adaptation Programme is due to be published later this year and the CCC warns it is “make or break”
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Analysis
Food supply chain: Late or failed payment claims up 79% - Atradius
‘Quadruple threat’ of rising prices, fallout from Brexit and the pandemic, and bad weather could see insolvencies soar
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Analysis
Inflation set to drop sharply as energy prices fall
Global inflation will return to pre-crisis levels faster than it took to reach its peak, but any number of shocks could derail this outcome
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Analysis
Davos: Pressures on food, energy and inflation may be peaking
But growth prospects remain “bleak” in Europe and geopolitical tensions will continue to shape the global economy
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Analysis
Cost of living crisis triggers a “pandemic of fraud”
The imminent recession is acting as a ’breeding ground for fraudulent claims’ - survey
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Analysis
Cost of living crisis tops WEF Global Risks 2023
Geopolitical rivalries and inward-looking stances will heighten economic constraints going forward
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Analysis
Airmic: Risk management is a ‘two-way street’
Association responds to Munich Re’s calls for pricing discipline; Says members should be “recognised and rewarded” by insurers
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Analysis
Firms struggle to ‘stay above water’ as inflation hits new highs
Insolvency rates already “well above pre-pandemic levels” as companies feel the effects of the withdrawal of fiscal support
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Analysis
Inflationary pressures are driving underinsurance - survey
Over half of brokers are seeing policies altered as a response to rising energy costs, finds RSA research
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Analysis
Saunders named chair of IRM Operational Risk Group
Group offers a ’voice for operational risk managers’ to professionalise and raise the profile of the discipline
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Analysis
sigma study examines risk in a multi-polar world
“Friend-shoring” and reshoring of supply chains, investments in green energy and mitigating a food crisis will shape the risk landscape
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Analysis
Cost of living crisis drives greater fraud volume
Difficult economic conditions are leading to higher levels of fraud from non-traditional perpetrators
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Analysis
Cost of living crisis fuels risk of fraud
Amid “perfect conditions” for fraud to flourish, boards must improve controls and better harness the skills of internal auditors
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Analysis
Multiple risks surround cost-of-living crisis - sigma
Decades of rising inequality in advanced markets has taken a $252 billion toll on insurance protection