Latest Posts

Scariest Energy Risk: Macondo Mach II

In the energy industry, the unthinkable has perhaps already happened: the $40 billion in losses associated with the Macondo well... Continue reading →

Scariest Terrorism Risk: ‘Nuf Said

Terrorism remains a fundamental risk management challenge in its unpredictability from the perspective of frequency, mode of attack and target. Continue reading →

Scariest ERM Risk: Systemic Risk

Are black boxes creating Black Swans? Continue reading →

Scariest Reinsurance Risk: Italian Default

The threat of escalation of Europe’s sovereign debt crisis continues to make me wake in a cold sweat. Continue reading →

Scariest Health Care Risk: Obstetrics

There is no more scary risk in health care than obstetrics. Continue reading →

Scariest Power Risk: Blackout Britain

As aging power plants are closed, the margin of generating capacity in the UK over demand, could fall to as little as 5% by 2018. Continue reading →

Scariest Environmental Liability Risk: The Unknown

It’s not the environmental issues that are “known” that keep us up at night…it’s the ones we don’t know about that scare us most. Continue reading →

Scariest Trade Credit Risk: Price Hikes

With the West facing the prospect of a double-dip recession, growth will depend to a large extent on the ability of banks to lend. Continue reading →

Scariest Financial Services Risk: Data Breach

The Scream, by Edvard Munch (1893)

Nothing strikes fear in the hearts of financial managers like the phrase “data breach.” Continue reading →

Scariest China Risk: Pandemic Pandemonium

A recent issue of the New Scientist magazine informs us that the H5N1 avian flu virus is now just five mutations away from being capable of human-to-human transmission. Continue reading →