Features – Page 3
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Features
Comparison shopping
Lee Coppack looks at how the UK and US giants, Tesco and Wal-Mart are reporting risk, and how their risk management translates in the real world
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Features
Converting the cynical
Having initially been cynical about the value of business continuity management, Paul Johnson explains how he became converted
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Seeing risk through a glass darkly
Investigations into the accident at the Texas City refinery suggested that all was not well with BP’s perception of risk, says Lee CoppackOne of the world's most respected companies was responsible for the worst industrial accident in the US since 1990. An investigation by a US federal government agency found ...
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Features
No weak links
Behind every large company is a chain of smaller suppliers. And that company is only as strong as the weakest link. Ken Charman explains why the survival of Europe's major companies requires businesses to work together to build effective contingency plans
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Features
Performance of Commercial Buildings in Hurricanes
The hurricanes striking land in the US in 2004 and 2005 have provided a wealth of experience on commercial building writes Timothy Reinhold
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Features
Reflections in New Orleans
From a distance the roads look unremarkably. There are few cars, but it is the middle of the day. Closer up there is clearly something wrong.
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Features
Loss prevention from the ground up
Getting loss prevention experts involved early reduces the risk of project disaster and delay. By Martin Vinkenfluegel
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Understanding IT system failures
The failure of an organisation's IT network can be debilitating, and it is a risk that affects almost all companies, across all industry sectors. By Shaun Cooper
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Features
Hard lessons from windstorms
Ports and transport facilities suffer badly in windstorms but the experience from major storms like Katrina can provide lessons to reduce future losses. By Ian Lush
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Features
Extreme weather and commodity prices
Extreme weather conditions and natural or man-made disasters usually cause a blip in commodity prices. How big a shift and how long it lasts depend on many factors. By Hugh Craig and Lee Coppack
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Features
Lloyd's prepares for the worst
If the global insurance industry had a mission statement, it should simply say, 'Be prepared'.
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Features
Staying in business after the storm
For a company in a hurricane prone area, a hurricane emergency plan may mean the difference between being back in operation quickly and going out of business for good.
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Features
The WoW Factor in Hurricane Damage Mitigation
Wall of wind (WoW) research capability developed by the International Hurricane Research Center in Florida will change standards for building practices and retrofitting technology of existing structur
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Features
What role for government?
Frank Nutter, president of the Reinsurance Association of America (RAA), answers some questions from Catastrophe Risk Management about the US market, including proposals for more government involvemen
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Features
From model output to price
Sophisticated methodologies and processes to price catastrophe risk are paramount if reinsurance is to remain a reliable and stable form of capital for clients underwriting in catastrophe exposed area
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Features
A Model of Tenacity
A little over 20 years ago, a young woman, metaphorically clutching her new masters degrees in economics and business administration, went to work in Boston for the US subsidiary of one of Britain's l
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Features
Modelling Offshore Energy Risk
Two years of devastating hurricanes pose the question - can offshore energy risk be modelled?
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Features
Managing Uncertainty in Cat Models
Difficult questions raised by the 2005 hurricane season on the merits of the various types of analyses that underpinned trading decisions continue to worry senior management.
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Features
Reviewing Model Changes
Commercial catastrophe model vendors have made key changes this year to their US hurricane and European windstorm models. Especially for US hurricane, the effect on modelled loss is material.
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Features
Research on landfalling hurricane winds
Catastrophe modeller AIR Worldwide Corporation (AIR) is to sponsor research by Texas Tech University on the detailed structure of hurricane winds over land.
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