Insurance Journal (8/26/2020)
The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus packages deplete countries' fiscal and monetary buffers around the world.

Risk Management Magazine (8/25/2020)
July 1 marked the official implementation of the USMCA, a new trade agreement linking the United States, Canada and Mexico. This new agreement replaced NAFTA, the North American Free Trade Agreement, which had governed trade on the continent since 1994.

Commercial Risk (8/20/2020)
Europe's new collective redress directive, which is due to come into force by the end of the year, is a cause for concern for the manufacturing sector and poses both risk management and transfer questions, warns Sam Tacey of law firm Cooley. 

Property Casualty 360 (8/20/2020)
Sports are like any other business -- with maybe a few more bruises and a little more yelling than your typical office. So, it is probably not a surprise that when it comes to insurance, sports teams, leagues, property owners, and participants all need coverage.

Forbes (8/18/2020)
The global pandemic altered demand for products and services in every industry sector. In the process, it has exposed weaknesses in global supply chains and service networks.

Risk Management Magazine (8/3/2020)
Decision-makers today have access to more objective data than ever before. However, intangible factors - such as trust - often affect the degree to which risk insights are actually considered in strategic decisions. 

Insurance Journal (8/26/2020)
COVID-19-related claims were not the biggest driver of the North American property/casualty insurance industry's overall combined ratio during the first six months of 2020. Natural catastrophes cost insurers more, Fitch Ratings concluded in its latest report.

Asia Insurance Review (8/21/2020)
The German association of risk and insurance managers (GVNW) and the federal association of German insurance brokers (BDVM) have come together to pursue the creation of a state-backed pandemic insurance solution to help deal with future health crises.

Forbes (8/20/2020)
Traditionally viewed as a stodgy industry, insurance is slowing playing catch-up with the help of technology. The use of technology by insurance companies has several practical advantages for customers.

Each year, RIMS honors leading ERM programs that demonstrate innovative approaches and techniques to managing uncertainty effectively with the aim of creating, preserving or realizing organizational value. Be recognized for ERM excellence and join a global community of experts by sharing your organization's approach for managing today's risk and opportunity landscape with your peers. RIMS Global ERM Award of Distinction nominations are due August 31. The winner will be announced during our virtual RIMS ERM Conference, November 4–5, 2020.

In this new RIMS Risk Leaders Series audio interview, Valerie Fox details highlights of her risk career. From helping a retail giant expand its global presence to overseeing community outreach after a natural disaster, Valerie set a shining example for how risk managers can provide value and maintain a company's reputation.