All risk management articles
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Global nat cat losses surpassed $313 billion in 2022 - Aon
Flood losses in Australia broke the historical record and monsoonal floods in Pakistan had a far-reaching humanitarian impact
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Parametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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How short-term challenges are impacting the net-zero transition
Charles Sincock explains how global risks are altering our journey to net zero and what this means for businesses
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Food and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
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Governments are boosting domestic supply chains - BSI
New regulations emphasise financial sustainability as firms grapple with trade disruption and inflation
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What is concentration risk in technology?
From supply chains to software: Why you could be unknowingly putting all your eggs in one basket
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Supply chains have not fully recovered from disruptions
A shortage of skilled labour is a compounding concern within construction, manufacturing and healthcare
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Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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Robust pipeline for renewables in Asia, despite ‘new trilemma’
Floating solar will play an important role in the energy transition of China, India and South Korea
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Emerging risk must be the responsibility of all
Insurance sector must ‘stay curious and think ahead’ to cope with emerging risks, rather than simply passing the buck to other industries
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Duty of care a key concern as business travel returns
Corporates – forced to cope without travel for so long – will be more discerning when weighing up the value of a business journey
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WTW combines Asia and Australasia operations
Former head of Australasia Simon Weaver has taken on the new role as head of Asia Pacific
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Financial services firms lack responsible AI strategies - study
71% of organisations state that AI ethics and responsible AI are not a core part of their operational strategies
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IoT explosion presents massive (and growing) cyber exposure
Just 4% of experts worldwide are “confident” that connected devices are properly secure, warns WEF
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The year operational resilience became a boardroom priority
Resilience is not a one-time box-tick exercise but an ongoing journey that begins with data and culture
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Allianz Risk Barometer: BI and cyber top threats in Asia Pacific
Climate-related concerns increase in Asia Pacific, with natural catastrophes and climate change amongst the top five risks
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Davos: Pressures on food, energy and inflation may be peaking
In China, expectations of growth are polarised, with an even split between those who expect weak or strong growth
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Demand for BII shoots up after COVID test cases
Insurance class to see a period of “growth and stability”, but appetite for pandemic cover remains muted
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Franck Baron to step down as Parima chair
He has become president of the International Federation of Risk and Insurance Management Associations
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Cost of living crisis tops WEF Global Risks 2023
Geopolitical rivalries and inward-looking stances will heighten economic constraints going forward