Risk Management
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.
Steadfast invests in emerging risks SME underwriting agency
Australian broker Steadfast has joined forces with South African insurer Hollard Insurance to invest in an underwriting agency aimed at SME emerging risks.
C-Suite: Risky business
Ace’s Toby Merrill outlines the risks of employees being allowed to access company data on their own devices.
Opportunities to innovate in Asia-Pacific, says Aon Benfield
Aon Benfield believes there is room for growth in specialty lines and product innovation in the Asia-Pacific region.
Brokers to provide risk management guidance with online tool
Brokers are being encouraged to provide their clients with risk management guidance as an online digital tool is launched by Axa.
Marsh call for all-risk BI gets Airmic support
The risk management industry has backed a call from global broker Marsh to overhaul business interruption policies and make them more relevant to modern customer demands.
Marsh calls for universal all-risk business interruption
Marsh has urged the insurance industry to work towards establishing an all-risk business interruption policy.
CMA inviting comments on Willis and Miller merger
The Competition and Markets Authority is asking for comments on the anticipated acquisition by Willis Group Holdings of Miller Insurance Services.
C-Suite: Taiwan lacking insurance provisions for food recall scandals
A senior Taiwanese broker argues that increasing fines is not enough to help Taiwan's food industry overcome several food recall scandals.
Ferma secretary general Meyer credited for contribution to industry
The Federation of European Risk Management Associations' secretary general Edwin Meyer has died, the organisation announced on 9 February.
New IRM chair outlines priorities
Raising awareness of the Institute of Risk Management’s professional standards for members and championing its new certification scheme are among the priorities of the institute’s new chief executive.
In Series: Corporate Risk: Threats on the radar
Insurers can help companies with their risk management strategies by offering products that anticipate the challenges of the future
Liberty Specialty Markets creates CRO role for Arch’s Fullerton-Rome
Liberty Specialty Markets has found its first chief risk officer in the shape of Arch’s Elizabeth Fullerton-Rome.
International conflicts biggest threat to global stability
The biggest threat to the stability of the world in the next 10 years comes from the risk of international conflict, according to the 10th edition of the Global Risks report published by the World Economic Forum.
Asia-Pacific risk managers concerned over increased competition
Increased competition more important but regulation less of a concern in Asia-Pacific last year compared to 2013 according to the latest Allianz Risk Barometer.
Reputation, cyber crime fears surge in AGCS risk survey
Rising concerns over loss of reputation and instances of cyber crime have dominated the UK results of Allianz Global Corporate & Specialty’s most recent risk barometer survey.
C-Suite - Insurer: Reducing young road deaths
The next government must act to combat the biggest killer of 15 to 25-year-olds in the UK
Aon UK awaiting approval for new CRO
Aon UK is awaiting regulatory approval for a new chief risk officer following the depature of Carol Richmond after more than five years leading the function.
XL Group responds to food & beverage risk management needs with integrated solution
XL Group has launched its integrated insurance solution developed specifically for the food and beverage industry.