Risk Management

Join Insider Engage, in partnership with Verisk, for a free webinar at 10:30 ET/15:30 BT on June 28 as we explore the implications that forever chemicals hold for insurers.

Geopolitical risk is firmly back on the agenda for insurers.

Meg Green speaks to Paul Lavelle about the P&C market today, the impact of cyber, and social infation.

Mike Pesch discusses how inflation is impacting the property market, from the cost of construction materials to labor.

Lee Farrow talks about product exposure since the pandemic in the life sciences industry, and continuing supply chain issues.

Ken Ross talks to Meg Green about the recent Anheuser-Busch story, and the implications on D&O insurance.

Joe Peiser talks about innovation in the insurance industry, parametric cover, and the promise of data analytics and predictive modelling.

Bryan Sanders offers his thoughts on growth in the E&S market, the impact of social inflation and economic inflation, war in Europe and cyber risk.

John Van Decker discusses the state of the financial lines market, the softening of the public D&O market, and social inflation.

Former US senator John Sununu talks to Meg Green about resilience in supply chains, physical plant, and workforce.

The directors’ and officers’ liability (D&O) insurance market has experienced hard market conditions and with claims predicted to rise in 2023, underwriters need to ensure thorough due diligence for effective risk management

The tension between affordability, security and sustainability in the current environment has been coined the 'energy trilemma'.

The 2023 Allianz Risk Barometer gives insight into the risks organizations are facing in the year ahead and what action companies are taking as they face increased levels of disruption as a result of various factors including digitalization, the war in Ukraine and inflation.

Insurers need to go beyond traditional ESG concerns like climate change and consider other macrosocial and environmental challenges such as global supply chain crises and geopolitical conflicts to act on their ESG-related risks and responsibilities.

The CEO of RIMS talks about the importance of Bermuda to the global risk community, his ambitions as the incoming CEO of RIMS, and his first impressions of the risk management community.

Rising interest rates and the weakened economy have made public fixed income attractive to property and casualty insurers, who are shifting away from alternative assets to play in their comfort zones.

Central banks have hiked their base rates in response to inflation. For insurers, both sides of their balance sheet have been left exposed to risks, impacting profitability as the cost of claims increase and the value of investments fall. While geopolitical tensions and inflationary pressures continue to pose a threat to the global economic landscape, how can insurers mitigate the risk of inflation-driven exposures?

Strong ESG performance is no longer an optional credential for insurers: investors, raters and regulators all demand it.

The hard insurance market appears to be softening, with Airmic’s latest pulse survey identifying signs of ‘green shoots’ as the pace of rate increases slows

2022's Airmic ERM (Enterprise Risk Management) Forum held in London, provided risk professionals a networking platform to explore trends that are reshaping the enterprise risk management landscape, such as the impact of geopolitical tensions on supply chains as well as the increasing threat of cyber attacks as our world becomes more interconnected.

Airmic’s latest survey has identified that climate risk is not being prioritized among its members and that risk professionals are more concerned with managing severe short-term risks, such as flooding and tropical cyclones than the long-term impact of climate change.

Focusing on risk management is key to securing insurance in the changing yacht insurance market, according to marine specialists.

New modelling tools will enable insurers to capitalise on growing demand for supply chain insurance solutions, according to Guidewire’s Michael Dobrovolsky and Lewis Guignard

AXIS recently strengthened its focus on speciality lines. "Now is the moment for us to take advantage and deliver heightened value to our various stakeholders," says Tizzio.

There's been many changes in the wholesale and specialty market recently. Joining Meg Green to discuss the market is Carlton Maner, CEO of AXIS Wholesale.

As the world faces an onslaught of perils – from potential food and energy crises to inflation and political instability – much of the blame is being traced back to Ukraine.

How insurers can prepare for unexpected, unmodelled shock losses

Geospatial innovations are a game changer for the industry

This year’s Airmic conference was held between 6-8 June at the Arena Convention Centre in Liverpool under the theme ‘Moving Forward Together,’ with one of the key panel sessions addressing the impact of cyber risks on organizations and how they can better protect themselves.

As companies adjusted to employees working from home, and the experience of natural catastrophe striking new areas, the insurance industry is rethinking their claims processes, said Dave Chmiel, SVP, National Director of Claims North America, HUB International.