Latest Posts

Changing the face of the risk function….

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When some risk management teams are asked to weigh in on a business decision, they boil the question down to a matter of accept or reject. But in limiting their answers to a binary choice they’re missing a trick. Continue reading →

Unrest and uncertainty: Understanding the consequences of Brexit for businesses

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One of the primary consequences of Brexit could be the continuing ability of law enforcement to share information and coordinate their activities. Continue reading →

Risk heat maps: Moving from fear to danger to strategy

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In some situations, final frequency and severity scores may reflect the fears of the group, which can be unduly influenced by risks that are easier to imagine and/or that are currently topical. But what is needed to effectively guide organizations’ risk management activities is an assessment of underlying danger — rather than irrational fear. Continue reading →

4 key geopolitical risks likely to affect aviation industry this year

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The key to understanding and mitigating geopolitical risks is a holistic view of the risk landscape. By analyzing operating contexts through multiple lenses – such as people, business resilience, investment, cyber, reputation, and climate and environment – a whole spectrum of interrelated risks become visible. Continue reading →

Silent cyber risk: Insurers must try harder

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Remember this? “The PRA expects that all Solvency II firms robustly assess and actively manage their insurance products with specific consideration to non-affirmative cyber risk exposures. This includes all property and casualty (P&C) covers which could give rise to cyber … Continue reading →

3 key ways to mitigate the impact of active shooters and other assailant attacks

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While terrorist incidents worldwide have fallen from their peak in 2016, active assailant attacks, including active shooter incidents, remain a significant threat in advanced economies — and fatalities are increasing, according to the FBI, Europol the U.S. Department of Homeland Security (DHS). Continue reading →

The top 5 human resources priorities for Asia Pacific

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In 2018, we saw HR organizations face escalating challenges around digital transformation and social change. These will surely continue into this year, thus we have identified these five priority areas in which HR must thrive in 2019: 1. Commercial acumen … Continue reading →

What’s the barometer reading for incentive payouts when natural catastrophes take their toll?

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Two tough years of natural catastrophe (CAT) events have battered property & casualty (P&C) insurers’ annual incentive plans (AIPs). But should plan participants, including underwriters, be held responsible for the weather? 2018 Willis Towers Watson pulse surveys on P&C insurers’ … Continue reading →

Evolving the benefit mindset: Mapping out a blueprint for the health plan of the future (Part 7 in series)

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When it comes to health care benefits and overall wellbeing, it’s time for greater value in the form of better outcomes, better cost and a better experience employers and employees alike. Continue reading →

How chief risk officers can make everyday enterprise risk management tasks strategic

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Chief risk officers have a unique, risk-focused perspective into the activities of their companies. By taking specific steps, they can promote this perspective to help achieve strategic goals. Continue reading →