Risk Management
Cyber attack on Polish airline grounds 1400
Polish airline LOT was forced to delay flights for five hours last Sunday (21 June) after a cyber attack on its ground operations systems.
Risk appetite and tolerance statements move up insurers' ERM agendas
Risk appetite and risk tolerance statements have become more important to more insurers in relation to their enterprise risk management programmes with the latest Towers Watson research reporting a 15 percentage point increase compared to its 2012 survey…
Penny Black’s Insurance Week- 22 June 2015
Last week Penny attended the highlight of the risk manager's social calendar - Airmic 2015.
Europe: Energy supply disruption presents a key global risk
Today's global economic integration offers multinational businesses cheaper sources of supply and attractive new markets, yet at the same time it exposes companies' operations and supply chains to a widening range of global risks.
Airmic 2015: Airmic and Reputation Institute publish reputational risk guidance
Airmic and the Reputation Institute have released a step-by-step guide to managing reputational risk.
Uninsurable risk: No-go zone
According to businesses, six of the top 10 risks facing them are deemed uninsurable. Are insurers being innovative enough to address the problem?
Airmic 2015: Crawford report highlights importance of scenario planning
Crawford & Company has urged corporates to consider pre-loss and scenario planning in their risk management programmes after research conducted by the loss adjuster found that emerging and intangible risk categories require an increasing demand for…
Video: Q&A with Aon on increased competition and trends in public sector insurance
In this video, Post’s content director Jonathan Swift talks to Nigel Cooper at Aon Risk Solutions.
Zurich's global CEO "deeply regrets" Lehmann's departure
Alex Lehmann, Zurich's chief risk officer and chairman of Europe, Middle East and Africa, will leave the insurer by the end of the year.
Airmic conference 2015: As it happened
Couldn't make it to Liverpool? Catch up with all the news, views and gossip from the Airmic 2015 conference - with Post's blog.
Airmic: Speakers and sessions to look out for
This year’s Airmic conference, on 15 to 17 June, will see attendees descend on Liverpool. Post caught up with some of the speakers to find out a bit more about them and what they thought this year’s talking points would be – and has picked out some key…
Editor's Comment: The biggest risks
Next week the great and the good of the risk management sector will gather in Liverpool to raise the profile of risk and discuss the pressing issues for the market, ultimately, looking to the insurance industry for help solving them.
XL Catlin and Bell Pottinger offer Asia product recall media support
XL Catlin's product recall team is partnering with PR company Bell Pottinger in Asia to offer help with the media in a crisis.
Airmic Head to Head: Business Interruption
This year’s Airmic conference has the theme ‘Raising the profile of risk’. With that in mind, Post asked some leading industry figures to go head-to-head on business interruption.
Interview - Patrick Smith: The business of risk
Post caught up with new Airmic chairman Patrick Smith to find out his plans for the organisation and hear more on how risk management is making its way up to the boardroom.
Lancashire looks internally for CRO appointment
Lancashire Holdings has appointed group internal audit head Louise Wells as its group chief risk officer, effective 28 July.
Peak Re partners with Shanghai Typhoon Institute
Hong Kong based reinsurer Peak Re and the Shanghai Typhoon Institute are partnering for research projects into the impact of tropical cyclones on the insurance market.
C-Suite: Asia remains engine of global growth
Euler Hermes expects the Asia-Pacific region to drive global growth in 2015 although a slowdown in payments in China is a concern.
Risk managers dispute reputation is an 'uninsurable risk' and urge innovation
Damage to a company’s reputation is insurable despite widespread preconceptions that it cannot be covered according to the risk mangers' trade body.
Companies must pay more for certainty says Airmic's Hurrell
Companies should be willing to pay a higher premium for contract certainty when it comes to business critical insurance products, according to Association of Insurance and Risk Managers' CEO John Hurrell.
Aon highlights increased European terrorism threat
Aon has identified nine developed economies as being at an increased risk of terrorism, including seven from Europe.
Product innovation required as global firms face uninsurable risks
Industry experts have highlighted product innovation as a means of addressing the findings of an Aon study that showed six of the top 10 risks impacting global businesses are uninsurable.
C-Suite: Singapore’s ambitious work safety goal
Collaboration is needed to help Singapore's government reach an ambitious national workplace fatality rate of zero by 2018.
Industry should prepare for $1bn container ship loss, says AGCS
After a 80% plus increase in container ship capacity in a decade, Allianz Global Corporate & Specialty is warning of some significant loss events to come.