Sector Risks
Manufacturing
Group litigation risk puts historic records under scrutiny
Polly Sayers, legal advisor and insurance market analyst at HCR Law, says companies need to preserve historic policies, training records and exposure data as PFAS, environmental and product liability claims become harder to contain.
Manufacturers face severe ransomware losses as cyber controls fail
New Resilience analysis finds ransomware accounts for 90% of incurred manufacturing cyber losses, despite making up just 12% of claim volume, highlighting the need for better MFA validation, vulnerability management and incident response.
Shiitake happens: Taiwan’s veg smuggling row exposes a wider supply chain risk
Taiwan has accused Chinese firms of routing banned Napa cabbage and shiitake mushrooms through Vietnam, relabelling them as Vietnamese, and shipping them past a ban on more than 1,000 Chinese agricultural products. A $410 forged certificate of origin and up to $15,800 in profit per container explain why the case ...
Shaken, not stalled: How TSMC protected operations during Taiwan’s strongest quake in 25 years
In the face of record-breaking tremors last year, Taiwanese contract chipmaker TSMC held its ground. By safeguarding operations and reassuring global clients, this was a master class in resilience born out of preparedness.
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.
Country spotlight: Learning from Malaysia renewed focus on risk as a strategic lever
Positioned at the intersection of Southeast Asia’s economic hopes and geopolitical tensions, Malaysia’s attitude to risk is also at a critical juncture. No longer just a compliance checklist, risk management is being seen as a tool to guide strategy and reshape resilience.
The engineer: How Gaëtan Lefèvre keeps risk relevant at John Cockerill
After 18 years at one of Europe’s oldest industrial groups, John Cockerill’s Gaëtan Lefèvre knows managing risk only matters if the business truly believes in it. He discusses that battle for relevance and the importance of understanding the inner workings of your company.
How to improve management of supply chains risks – and reap rewards
As regulatory demands and global risks escalate, Enrico Aresu of Moody’s explains how manufacturers can navigate complexity, mitigate threats, and turn supply chain risk management into a source of resilience and competitive edge.
Lost in transit: how to minimise project cargo risks
Global crises are pushing already beleaguered shipping companies to choose between diversions that cause significant delays, or to embark on journeys that could prove disasterous. How can organisations protect their precious Project Cargo?
How global programmes can integrate with ERM philosophies leading to better risk management
Expert view: Against the backdrop of global supply chain disruption, geopolitical tension and escalating cyber threats, CROs must embrace centralised decision-making and enterprise risk management strategies. Global programmes can help, says AXA XL’s Ms Shiwei Jin
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?
Captivating propositions
Why more companies are turning to captives to reduce the cost of risk and to fill gaps in their coverage
Video: Strengthening GRC Under Evolving Regulatory Expectations
Watch our regulatory frameworks webinar, in association with Riskonnect
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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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