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Riots across France have damaged thousands of businesses, raising questions about business interruption, the accumulation of claims and the future of riot insurance.
Risk managers may have only minutes to convince senior executives to act on complex exposures. At a FERMA panel, speakers discussed how to turn detailed operational assessments into financial arguments and clear recommendations.
Association president advocates for LTAs to be truly long term, to enable much deeper conversations between businesses and insurers
Almost eight in ten risk managers now hold responsibilities beyond their core function, as organisations increasingly look to the profession to support strategic decisions, resilience and sustainability. But FERMA says greater responsibility must be matched by greater strategic influence and better risk quantification.
Sharon Cilia Tortell, FERMA board member and chief risk & sustainability officer, discusses the growing interconnectedness of risks, the governance challenges posed by AI and why risk managers need a stronger voice in strategic decision-making.
The collective of 14 risk professionals aged between 25 and 35 have forged a butterfly methodology, aiming to create a practical tool for risk managers across geographies and industry sectors
Association leader encourages event attendees to “take risks” and “be open to leaving your comfort zone”
Businesses are making investment decisions over three-to-five-year horizons while insurance remains largely tied to an annual cycle. FERMA is calling for longer-term relationships with insurers and greater clarity over how insurance will respond to AI.
Richard Hoult, FERMA board member, Airmic president and VP of risk, audit and compliance at Synthomer PLC, discusses geopolitical uncertainty, the need for risk managers to respond to the business and why collaboration across associations matters.
Gabriella Fraire, FERMA board member, discusses interconnected risks, the rapid development of AI and her ambitions for the risk management profession.
FERMA’s CEO, Laurent Nihoul, started out in philosophy and continues to view the risk world through this lens: reaching new levels of understanding by asking the right questions, challenging assumptions and connecting ideas. Now he’s bringing that mindset, plus a real practical streak, to the top job in European risk ...
European organisations are investing in scenario analysis, supply-chain resilience and AI, but Marsh research suggests risk insight is still too often developed separately from the strategic decisions it is supposed to inform.
The threats facing businesses may be familiar, but the way they are concentrating and cascading feels different. As one problem becomes five, risk managers need to understand where the weak points lie, and make sure their work changes what happens next.
Cannabis farms are increasingly being found in shops, offices and other rented commercial premises, leaving landlords exposed to fire, water damage, dangerous electrical alterations and lengthy periods of vacancy, Zurich UK warns.
‘Property businesses are becoming increasingly reliant on digital systems while continuing to hold large amounts of sensitive personal and financial information,’ says analyst
Albert Yuen of Eversheds Sutherland examines regulatory developments in Asia and the UK/EU in response to the cyber risks posed by frontier AI models.
Corporate risk managers want marine insurers to move beyond traditional cargo cover and play a broader role in building supply chain resilience as geopolitical disruption, sanctions, cyber threats and longer transit routes intensify.
Companies have invested in specialist vessels, forecasting and alternative transport since the 2018 Rhine crisis. Record-low water levels are showing where those measures help, and where industrial supply chains remain tied to the river.
A £4.7m fine against Citibank’s London branch exposes how sanctions controls came under strain as alert volumes surged following Russia’s invasion of Ukraine.
Chinese countermeasures against a major supply-chain due diligence body are beginning to collide with rare-earth trade, creating new problems for businesses trying to meet different regulatory requirements across global supply chains.