Keyword
risk management
2015 the most lethal year for terrorism in Europe in nearly a decade: Aon Risk Solutions
April 12, 2016 by Canadian Underwriter2015 was the most lethal year for terrorist violence in Europe in nearly a decade and the first net increase in global terrorism risk ratings since 2013, according to Aon Risk Solutions. On Tuesday, Aon Risk Solutions – the global…
Risk professionals must look forward to what can be done with 3D printing to get fix on related risks, RIMS attendees hear
April 11, 2016 Angela Stelmakowich, EditorSAN DIEGO – Those in insurance and risk management will need to readjust thinking from what has gone before to what could happen in future to get a firm grasp on the potential risk picture for 3D printing moving forward,…
New mobile app from Zurich released at 2016 RIMS to help companies assess, manage risk
April 11, 2016 Angela Stelmakowich, EditorSAN DIEGO – Zurich Insurance Group is unveiling a new mobile app this week at the 2016 RIMS Conference and Exhibition which the company reports will enable customers to perform their own on-site risk assessments and use those results to…
Allied World launches product recall insurance products in North America
April 7, 2016 by Canadian UnderwriterAllied World Assurance Company Holdings, AG announced Thursday that the company’s product recall insurance products will be available in Canada and the United States as part of its Global Crisis Management Division. The product recall insurance offers both first-party and…
Aon to launch new global reinsurer trading platform
April 5, 2016 by Canadian UnderwriterAon Benfield will launch its new global reinsurer trading platform Apr. 11, a move meant to enhance placements with real-time data when ABConnect Placements goes live for July 1 treaty placements, the global reinsurance intermediary and capital advisor of Aon…
Sharing economy an opportunity for insurers, government should focus on objectives: OMIA speaker
April 1, 2016 by Angela StelmakowichRegulators would do well to resist taking a “whack-a-mole” approach to the sharing economy – something that could result in a $20 billion market in Canada within the next decade – and, instead, consider their ultimate objectives, Sunil Johal, policy…
North American businesses paid 2% less in 2015 than 2014 to cover total cost of risk: 2016 RIMS Benchmark Survey
April 1, 2016 by Canadian UnderwriterDue to declines in property and liability costs and overall risk management costs, North American businesses paid 2% less in 2015 than they did in 2014 to cover the total cost of risk (TCOR), according to the 2016 RIMS Benchmark…
The Digital Edition of Canadian Underwriter magazine’s March 2016 issue
March 30, 2016 by Canadian UnderwriterDigital Edition below ↓ Cover Story – ‘Aggregation Aggravation’ While risk managers for large manufacturers tend to be aware of the vulnerability of their supply chains to major incidents affecting business partners, the same cannot necessarily be said for risk professionals…
Brussels bombings show trend to target public transportation infrastructure: RMS
March 28, 2016 by Canadian UnderwriterThe terrorism bomb blasts last week in Brussels “are a somber reminder of the difficulty of preventing attacks against transportation infrastructure such as airports and metro or bus stations,” notes catastrophe risk modelling company Risk Management Solutions (RMS). “As security…
Link between oil price reduction, increase in major incidents: Marsh
March 24, 2016 by Canadian UnderwriterEnergy firms are facing challenges, including falling revenues, but are encouraged to maintain their investment in risk management to reduce the potential for future major incidents and insurance claims, suggests a new research report from global insurance broker and risk…
Aggregation Aggravation
March 1, 2016 Greg MeckbachWhile risk managers for large manufacturers tend to be aware of the vulnerability of their supply chains to major incidents affecting business partners, the same cannot necessarily be said for risk professionals at small to mid-sized organizations. Some experts warn the latter may not be aware of the full impact that aggregation of risk, including relating to cyber and critical infrastructure, can have.
Getting a Grip on Risk
March 1, 2016 Financial Executives International Canada and Chartered Professional Accountants of CanadaA new survey of financial executives across Canada reveals that more can be done to both recognize and manage risk. Aligning strategy and risk appetite is crucial because, when managed correctly, this can serve as a driver of new possibilities, growth, expansion and innovation.