Mahnke urges government to step up efforts on credit and pandemic schemes

Mahnke urges government to step up efforts on credit and pandemic schemes

Mahnke urges government to step up efforts on credit and pandemic schemes

The German risk and insurance management association GVNW has repeated its recent call for federal government and the German insurance association (GDV) to step up efforts to extend the state-backed credit insurance scheme, which was created to protect supply chains during the Covid-19 crisis, beyond the end of this year. During his annual speech to the association’s general assembly this…

Captives a key tool in hard market but need serious investment

Captives a key tool in hard market but need serious investment

Captives a key tool in hard market but need serious investment

Captives are currently a good option for European risk managers as they grapple to contain costs and maximise coverage during the rapidly hardening corporate insurance market. They offer the opportunity to more effectively identify, measure, manage and prevent risks, and provide critical leverage when negotiating terms and conditions with the insurance and reinsurance markets. But a panel of experts gathered…

Time to act on global programmes

Time to act on global programmes

Time to act on global programmes

Commercial Risk is hosting its first virtual conference dedicated to the Asia-Pacific risk and insurance management community, on the increasingly important topic of global programmes, on 24–25 November. The conference, titled ‘Global Programmes Asia – gaining maximum benefit’ follows the success of Commercial Risk’s first virtual event focused on the same topic in Europe at the end of September. Global…

Parima Resilience Week gathers top insurance industry leaders

Parima Resilience Week gathers top insurance industry leaders

Parima Resilience Week gathers top insurance industry leaders

The Pan-Asia Risk and Insurance Management Association (Parima) has gathered an impressive line-up of speakers for its coming Resilience Week (9-13 November) and expects a record number of delegates for one its events. The Singapore-based association moved swiftly to replace its usual physical conference at this time of year with the virtual event. The programme is designed to help risk…

Risk management lessons must be learnt from Covid-19 crisis

Risk management lessons must be learnt from Covid-19 crisis

Risk management lessons must be learnt from Covid-19 crisis

The Covid-19 pandemic has raised the profile of risk management and risk managers, but also shown that important lessons must be learnt if the profession wants to make the most of its chance to shine. Risk managers have told Commercial Risk Europe that the pandemic has, above all, shown the need for companies to boost resilience and embrace strategic, enterprise…

Risk managers fare well in pandemic but fell short on risk identification

Risk managers fare well in pandemic but fell short on risk identification

Risk managers fare well in pandemic but fell short on risk identification

Risk managers have generally fared well in the pandemic and boosted their reputation but many were found wanting when it came to identifying the risk in the first place, according to Airmic board members. Airmic’s new chair Tracey Skinner said that with hindsight, risk managers could have done a better job of identifying pandemics as a threat before Covid-19 hit.…

Buyers disappointed with insurers’ ‘profit-driven’ Covid-19 response: Ludlow

Buyers disappointed with insurers’ ‘profit-driven’ Covid-19 response: Ludlow

Buyers disappointed with insurers’ ‘profit-driven’ Covid-19 response: Ludlow

Covid-19 presents an “unprecedented opportunity” for risk managers, who feel let down by the insurance industry’s “profit-driven” response to Covid-19, according to John Ludlow, chief executive of Airmic. Opening the UK risk management association’s three-day virtual annual conference, Mr Ludlow railed against the insurance industry’s response to the coronavirus outbreak, which has accelerated market hardening. However, the Airmic CEO also…

Firms must tread carefully in shift to pandemic recovery phase, warns Graham

Firms must tread carefully in shift to pandemic recovery phase, warns Graham

Firms must tread carefully in shift to pandemic recovery phase, warns Graham

Airmic and Control Risks today launched a new report that highlights the lessons organisations have learned from the Covid-19 crisis and charts the future of crisis management. It warns against knee-jerk reactions and early shifts into the recovery phase without proper planning. Julia Graham, deputy CEO and technical director of Airmic, said organisations need to be aware of the fact…

Covid-19: South African risks and opportunities

Covid-19: South African risks and opportunities

Covid-19: South African risks and opportunities

“Never let a good crisis go to waste,” said Rahm Emanuel during the 2008 global financial crisis. “This catchphrase has been reprised by many who remain optimistic despite the current challenges we find ourselves in,” noted Mighty Mhlanga, Institute of Risk Management South Africa member. “The current landscape presents one of the most perplexing and difficult environments for individuals, business…

1 2 3 59