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Riskwire
Today's Feature
Insurance Journal (12/28/2020)
The long-awaited and highly anticipated COVID-19 vaccine is here. The first to arrive on the scene, from Pfizer-BioNTech, received emergency use authorization from the Food and Drug Administration several days ago. On the heels of that, Moderna's version got the official nod.
Naylor Association Solutions
Industry News
Risk Management Monitor (12/30/2020)
Amid a second wave of the COVID-19 pandemic, people around the world are going back into lockdowns or rolling back phased reopenings, and it appears remote work arrangements and virtual events will continue to be the norm for many.
CNBC (12/30/2020)
Efforts to boost the direct payments in the year-end coronavirus relief bill to $2,000 stalled Wednesday as Senate Republican leaders and Democrats appeared divided over whether to send more relief.
Associated Press (12/29/2020)
So far, the large majority of British and EU citizens have not felt the realities of Brexit. Though the U.K. left the European Union on Jan. 31, it follows the bloc's rules until the end of this year as part of a transition period to the new economic relationship.
Property Casualty 360 (12/23/2020)
Insured losses from natural catastrophes and man-made disasters in 2020 totaled $83 billion, Swiss Re reports. Losses from natural disasters accounted for over 90% of the total, racking up $76 billion in insured losses globally - a 40% increase from the year prior.
Naylor Association Solutions
Risk Management Magazine (12/9/2020)
What used to be once-in-a-hundred-year events, like record-setting hurricane and wildfire seasons, are now hitting us every five years or so. This is a critical moment to take a holistic view of risk to prepare for large-scale catastrophes ahead.
Insurance Journal (12/29/2020)
Lost in the U.S. launch of the coronavirus vaccine is a fact most don't know when they roll up their sleeves: In rare cases of serious illness from the shots, the injured are blocked from suing and steered instead to an obscure federal bureaucracy with a record of seldom paying claims.
Property Casualty 360 (12/29/2020)
Allianz's latest risk report Managing The Impact Of Increasing Interconnectivity - Trends In Cyber Risk analyzes 1,736 cyber-related insurance claims worth EUR 660 million (US$ 770 million) involving by Allianz Global Corporate & Specialty (AGCS) and other insurers from 2015 to 2020. Here are some of the key findings of our research...
Forbes (12/26/2020)
With annual audits under way, the SolarWinds breach spotlights a couple of major corporate governance gaps - the urgent need for better IT controls and limited board audit committee tech expertise. Such voids are precisely what cyber-criminals exploit.
Rims Resources
  
RIMScast
This RIMScast episode features Ashish Parakh, the senior vice president of Strategy, Risk Management Practice, Data & Analytics, and Marketing & Communications at Marsh India. He shares takeaways from the "Excellence in Risk Management India 2020, Spotlight on Resilience: Risk Management During COVID-19" report, which was jointly produced by RIMS and Marsh. Ashish also gives advice to risk management professionals on the risk strategies that they can implement in order to remain resilient and vibrant, both in India and globally.
  
RIMS Reports
The construction industry is addressing many challenges related to the COVID-19 pandemic. These include work stoppages or slow-downs, ensuring worker safety and any workers compensation considerations, shifting and unclear regulatory landscapes, and managing claims resulting from all of these factors. During a recent RIMS Industry Roundtable for construction risk professionals, participants discussed the issues the industry has faced, and how risk management professionals can help.