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Riskwire
Today's Feature
RISKWORLD 2024: Chubb's Evan Greenberg on the Impact of Global Trade, AI and Climate Change
Risk Management Magazine (5/8/2024)
Chubb CEO and Aon President discussed U.S.-China relations, AI's impact on insurance, and climate change's influence on insurance markets at the RISKWORLD conference last week.
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Industry News
Two Risk Management Legends Receive Posthumous Hall of Fame Honors
Insurance Business (5/14/2024)
The Risk Management Hall of Fame (RMHF) honors Joe Restoule and Millie Workman posthumously at RISKWORLD for advancing risk management through innovative approaches and mentorship.
Commercial Premiums, Rates Begin to Stabilize: WTW
Business Insurance (5/14/2024)
WTW notes stabilization in North American commercial insurance premiums, with increased competition and buyer-driven program improvements. Forecasts show varied trends across different insurance lines.
FTC Noncompete Agreement Ban May Not Survive Courts but Some States Could Adopt
Insurance Journal (5/14/2024)
FTC's ban on noncompete agreements faces court challenges but may inspire similar state legislation. Non-solicitation agreements remain valuable tools for businesses.
Recent Lessons in Cyber Incident Response and Preparedness
PropertyCasualty360 (5/14/2024)
The healthcare sector faces rising cyber threats, with over 700 data breaches in recent years. Proactive measures and response plans are crucial to safeguarding patient data.
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US Workers’ Comp Line Still Showing Strong Profits, Lower Claim Frequency
Insurance Journal (5/15/2024)
The U.S. workers' compensation insurance market saw a modest 1% growth in net written premiums in 2023, with a combined ratio below 90%.
Emerging Risk in the Hospitality Industry
PropertyCasualty360 (5/15/2024)
In this podcast, John Fitzgerald, Lynne Weeks, and Dan Curran of Amwins discuss risk in the hospitality industry as peak season approaches.
Extreme Weather Sweeps Across US, Billions in Losses Predicted by Aon
Reinsurance News (5/14/2024)
Aon reports ongoing severe weather in the US, particularly affecting the Southern Convective States. Significant damage and billions of dollars in economic losses are anticipated.
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At AXA XL, we understand that every customer has a unique set of risks. We partner with you to navigate the complexity, finding new ways to prepare and protect your business. We leverage data to deepen relationships, drive innovation and reduce your cost of risk. It’s our client-first mindset: working with you to map out your firm’s evolving risk landscape and develop insurance solutions that deliver value beyond your policy.
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Rims Resources
RIMS Risk Manager of the Year Steve Robles
  
RIMScast 
RIMS 2024 Risk Manager of the Year Steve Robles reflects on his years and accomplishments at Los Angeles County. He discusses his responsibilities as the assistant CEO of the largest county in the United States and his achievements in cybersecurity. 
Developing and Refining Risk Appetite and Tolerance
  
RIMS Executive Report
Authored by members of the RIMS Strategic and Risk Management Council, “Developing and Refining Risk Appetite and Tolerance” delivers insight to guide risk appetite and risk tolerance statement development and implementation. It also addresses the top five challenges risk professionals face while doing so.