Insurers traditionally have offered protection against strikes, riots and civil commotion (SRCC) at no extra cost, but the increased frequency and severity of these risks means property insurers have begun excluding events of social unrest from policies, according to a …
The UK risk management association Airmic announced the appointment of Claire Combes as its next chair, effective from Sept. 1, 2021. Combes will succeed Tracey Skinner, Airmic’s current chair who also is director-Insurance & Risk Financing at BT Group plc. …
The tenth year of the Zurich North America and Advisen Cyber Survey reveals that 78% of risk managers now purchase some level of cyber insurance — compared to only 34% in 2011. Of this record of 78% with some cyber …
Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday. Two-thirds of the 347 respondents to the survey – carried out in response to the outbreak …
Willis Towers Watson has launched a new advisory capability designed to help chief financial officers and risk managers reduce volatility and minimize their total cost of risk. The new Connected Risk Intelligence service offers a single source for financial executives …
The Federation of European Risk Management Associations (FERMA) announced that its European Certification program is now available online. The first online examinations will start in September. “This is a major step forward in giving access to FERMA Certification to risk …
FM Global has expanded its Global Resilience Index to include insights around three of the top risks facing businesses: cyber attack, natural hazards and supply chain failure. The interactive, online index ranks 130 countries and territories by their enterprise resilience …
The FERMA Forum differs from the Reinsurance Rendezvous in Monte Carlo, as it is mainly attended by corporate risk managers, rather than reinsurers and brokers. This year, however, two overriding concerns were uppermost in the minds of those attending both …
The new president of the Federation of European Risk Management Associations (FERMA), Jo Willaert, says the success of FERMA’s new professional certification program, rimap, is a principal objective of his two-year term in office. Certification, or rimap, is a major …
Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International (DRII)*. “Cyber and other IT-related risks are …
