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Riskwire
Today's Feature
Bloomberg / Insurance Journal (3/4/2020)
Don't look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that's sweeping across the globe.
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Industry News
Forbes (3/3/2020)
The coronavirus, officially known as Covid-19, continues to grow outside China and worries of a global pandemic mount. The biggest stock market correction since the 2008 Financial Crisis still has markets on edge.
Property Casualty 360 (2/28/2020)
U.S. airline shares are on pace for the biggest five-day rout since March 2009, and two Wall Street analysts warned that the drubbing is poised to get worse as the new coronavirus crimps travel demand.
Commercial Risk (3/3/2020)
Escalating trade tensions are expected to continue throughout 2020, causing persistent global political and economic uncertainty for multinational businesses, warns a new risk map and report from Marsh.
InfoQ (3/2/2020)
Buffer and AngelList recently published the 2020 State of Remote Work report which surveyed "over 3,500 remote workers from around the world" to "piece together what's becoming normal about remote work and where it might be headed in 2020."
Naylor Association Solutions
Risk Management Magazine (2/3/2020)
Activists have a new target in their fight to effect change on social issues: insurers. How can risk management help the industry turn outrage into opportunity?
Asia Insurance Review (3/5/2020)
Insurers in China have paid insurance claims numbering more than 90,000 related to the Wuhan coronavirus, involving an aggregate amount of CNY110m ($15.8m), as at 28 February 2020, according to the Insurance Association of China.
Property Casualty 360 (2/28/2020)
The doe-eyed Swedish teenager Greta Thunberg captured the world's attention during the last year with her straightforward message about the dangers of global warming: "This is the biggest crisis humanity has ever faced... This is not something you can 'like' on Facebook!"
Commercial Risk (2/26/2020)
Europe's data protection regulators have shown wide differences in General Data Protection Regulation (GDPR) fines and been inconsistent in dealing with cyber incidents, according to analysis from Beazley.
Canadian Underwriter (3/3/2020)
Your commercial client may think they are covered for all types of business email compromise (BEC) fraud automatically, but policy triggers are often nuanced, a speaker said recently at NetDiligence's Cyber Risk Summit in Toronto.
Rims Resources
  
Driving exploration and optimization for sustained growth and developing solutions to some of the great societal challenges of the day requires building and testing new models that can reshape industries and grow market reach and impact. This new RIMS Executive Report explores strategic approaches and techniques for productively managing uncertainty when innovating. Members may download this report for free from the Risk Knowledge library (login is required).
  
Four years ago, technology giant Microsoft embarked upon a major reorganization, called "One Microsoft," to enable the organization to bring a coherent set of products to market faster. The company restructured from eight separate product divisions into a single entity focused on creating technology devices and services for businesses and individuals. The various changes in leadership and operating models also affected Microsoft's enterprise risk management program - in highly positive ways, as our recent discussion with Tom Easthope, director of ERM, and Jeff Pratt, general manager of ERM, reveals. Read the full interview.