Operational Risk
Financial
Airmic 2025: US in fiscal cliff danger as global economic risk rises
As Trump doubles down on tariffs and deficit spending, Robert Peston warns the US is heading for fiscal crisis – and Europe must seize the moment.
“This is a warning shot”: what businesses must learn from Tesla’s ESG crisis
Swedish insurance and pension group Folksam’s decision to divest its $160million holdings in Tesla is a warning shot to the wider business community, take ESG seriously, or face the consequences
Case study: how one exporter used risk culture to reduce operational, branding, financial, and market-related risks
An India-based SME experienced growing pains as demand for its products swelled. IRM’s Hersh Shah talks us through the rescue plan: a formalised approach to risk and a risk culture built on accountability and communication.
Spotlight on: how risk managers can tackle threats emerging from Israel
The conflict in Gaza and Israel is causing immense human suffering and crippling financial impacts, casting a long shadow over the region. As ramifications threaten to extend beyond the conflict’s borders, crisis planning must be a priority. Matt Scott reports.
Five minutes with new IRM board member David Epstein
StrategicRISK caught up with David Epstein, a new non-executive board member at the Institute of Risk Management, to get his take on the top risks facing organisations today
![Luke Carrivick[48]](https://d9x705hv73pny.cloudfront.net/Pictures/460x307/0/5/2/115052_lukecarrivick48_520631.jpg)
Why it’s time to transform operational risk
Gone are the days when digitalisation was a competitive edge. Today, it’s the minimum requirement to survive, says Luke Carrivick, executive director, ORX
Spotlight on: the risks facing the global retail sector
Many have rung the death knell for retail over the years, but the sector isn’t dying – it’s just changing. Retail risk managers have their hands full, managing disruptors like AI integration and the next generations’ consumer habits, alongside supply chain issues and loss prevention. Trevor Treharne reports.
Ordering the chaos: how to manage connected risks
Getting to grips with interconnectedness means identifying the intricate links between the threats we face, then mapping, understanding and preparing for them. Our webinar sought to untangle this complex issue. Sara Benwell reports back.
How risk managers can tackle growing sanctions risks
The complexity and magnitude of international sanctions now demands vigilance on a new scale. Smaller businesses may not have the ready resources to tackle the issue, but the laws won’t make exceptions. So what practical steps can you take to stay safe?
What are people risks costing your business without you knowing?
Risk managers and the businesses they work for must stop thinking of people-related threats as someone else’s problem, says Howden Employee Benefits’ Mark Ramsook.
The boardroom of the future: elevating risk to a strategic priority
As risks grow in complexity—spanning cybersecurity threats, ESG considerations, and geopolitical uncertainties—boards and executive teams are elevating risk management to the forefront of corporate strategy.
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Why risk managers are turning to parametrics to solve operational challenges
As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions
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Newport, Wales, NP20 1DW - a Gannett company
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