Operational Risk – Page 7
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AnalysisFour hot topics at RIMS 2018
Susan Hiteshew, a board member at RIMS, tells StrategicRISK which risks are big focuses at the RIMS 2018 event in San Antonio
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AnalysisDecision-makers neglecting supply chains
Supply chain and boards’ corporate liability risks are too far down the priority list, according to insurer CNA Hardy’s latest Risk and Confidence Survey
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AnalysisNatural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP
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AnalysisMaritime firms fear cyber-attack supply chain breakdowns, XL Catlin warns
Cyber attacks like the NotPetya malware that struck Maersk are raising concerns about cyber risk and its effects on resilience, according to specialty insurer XL Catlin
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HeadspaceWhy CISOs are not the sole authority on cyber security
Opinion from Matt Palmer, chief information security officer, Willis Towers Watson
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AnalysisEnergy sector faces BI risk from cyber-attacks, integration, Marsh warns
Business interruption losses could hit energy and power firms, caused by cyber attacks or companies’ own consolidation efforts
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HeadspaceLone shooters: a hybrid approach to attack
Henry MacHale, global head of crisis management at Aspen Insurance, reflects on the growing incidence of active shooter and “lone wolf” terrorist attacks
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AnalysisGovernance shakeup lauded by UK internal auditors’ body
New “shorter and sharper” corporate governance code still lacks detail about how it will be policed
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AnalysisIntegrating ERM and cyber risk response – Airmic panel
Collaboration between the CFO, IT and risk functions is needed to combat cyber risks, according to an Airmic ERM panel debate
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Analysis“Never-ending challenge” – RIMS publishes ERM poll responses
Only six in ten respondents said their risk management department is responsible for implementing ERM, according to US-based RIMS
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AnalysisEnergy storage demands rising – Pioneer briefing
The energy sector – particularly renewable energy – has increased demand for energy storage, but embracing the concept brings risks as well as opportunities
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AnalysisMarsh launches Resilience for UK midsize market
Mark Weil spoke to StrategicRISK about the broker’s Resilience package for mid-sized firms
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AnalysisBAE lists money laundering criminal types
Defence sector firm BAE Systems analysed customer data to identify the people most commonly involved in money laundering.
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AnalysisAIG reveals Grenfell Tower exposure
AIG reveals Grenfell Tower exposure, but unable to quantify likely claims
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AnalysisMunich Re faces major payout as Grenfell insurance claim becomes clear
Norwegian insurer says Grenfell insurance claim will include property, liability and other potential related costs.
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AnalysisHow duty of care obligations are changing for expatriate staff
An off-the-shelf, one-size-fits-all care package is no longer fit for purpose in today’s complex risk landscape so what do businesses need to do to ensure their expat staff and families stay healthy, productive and safe?
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AnalysisManaging human capital through Big Data
Increasing amounts of data are giving companies the opportunity to model staff trends more efficiently
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AnalysisAn insurer’s perspective on the Mars recall
‘Plastic pieces are the most difficult to detect’
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AnalysisAIG offers mid-market supply chain finance product
Teams up with PrimeRevenue to help fund non-investment grade businesses
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AnalysisAlton Towers crash caused by human error
No technical or mechanical problems found with ride
