Sector Risks
Construction
Cannabis farms leave landlords facing six-figure repair bills
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.
Heat stress: When dehydration becomes an operational risk
Rising temperatures are increasing heat exposure across ports, terminals and warehouses, including in regions where extreme heat was once unusual. TT Club says operators need to treat dehydration and heat stress as safety-critical risks rather than seasonal welfare issues.
Case study: How two companies used financial modelling to reshape cyber investment
A decentralised construction group and a biotechnology company used cyber risk quantification to prioritise controls, justify spending and build security plans around potential financial loss.
Case study: Building risk resilience into a high-stakes infrastructure expansion
In major infrastructure projects, the real test of risk management is not identifying threats but managing how they intersect. In this port expansion, resilience depended on building a framework that could respond as those connections shifted over time.
Case study: How Ayala Corporation embedded sustainability into enterprise risk management
Ayala Corporation’s Victoria Tan talks us through how the business has been embedding sustainability into risk management since 2017 – going from awareness and governance to climate modelling and data-driven decision-making.
Breaking point: why ageing infrastructure is becoming a critical risk for developed economies
Ageing infrastructure in developed economies is the silent, but spreading, decay all around us, threatening lives, businesses and economies. We must act before, not after, catastrophe hits.
Room for risk
Marriott’s Sharon Xu on being people-oriented, embracing change and preparing for another COVID at the hotel chain giant
Why ERM is the pathway to realising Mario Draghi’s vision for growth and innovation
Enterprise Risk Management is the immune system of any company, and risk managers need to stop defending it and instead show why it is indispensible, says Volkan Can, enterprise risk manager of a global building materials company, and board member of ERMA, Turkey
Construction insurance and surety – better together
While it is uncommon for contractors and project owners to place property and casualty insurance and surety with one carrier, there are great benefits to going ‘all in’, say BHSI’s John Roe and Geo Delisio.
Special report: managing risks in the APAC fine art market
A dynamic Asian fine art market is attracting enthusiastic consumers and investors as its influence builds on the global stage. But the uniqueness of fine art is both blessing and challenge, and tailored fine art risk management is essential to protect such valuable one-off pieces.
Building a forever business: BHSI’s European growth strategies
Since 2016, Berkshire Hathaway Specialty Insurance (BHSI) has taken a measured, disciplined approach to building its presence and product lines across Europe. Alessandro Cerase, Head of Europe at BHSI, shares the company’s latest advances and future plans in the region.
Distraction not dishonesty
Negligence claims against lawyers are growing in severity. Travelers Europe senior risk management consultants Philippa Wilkin and Paul Smith explain why distraction caused by technology could be at the heart of the problem.
Watch: Risk that pays - measuring the impact of better decisions
Four risk experts explore how organisations can quantify risk against business objectives, demonstrate the return on investment of risk management and use AI and modern GRC tools to support better strategic decisions, while retaining the human judgement needed to turn data into meaningful insight.
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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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