Insurance Journal (6/16/2021)
The COVID-19 crisis reduced overall global macro resilience - or the ability of societies to absorb shocks - by 18% in 2020 from 2019, according to a sigma report published by Swiss Re Institute.

Risk Management Monitor (6/13/2021)
Today's enterprises operate in a complex digital ecosystem that connects customers, vendors and partners and through which data is shared and transactions are processed.

Insurance Journal (6/14/2021)
UK-EU trade has plummeted 18.9% during the past 12 months against 2018 trade levels, more than twice the 9.1% fall in UK trading with the rest of the world during the same period, according to trade credit insurer Atradius.

Canadian Underwriter (6/17/2021)
Almost all large firms in the United States buy their property and casualty insurance through either Marsh, Aon or Willis Towers Watson, the latter two of the 'Big Three' having market share of more than 40% in property and liability insurance, the U.S. Department of Justice says.

Reuters (6/16/2021)
Investor groups have asked the U.S. Securities and Exchange Commission for more corporate disclosures on climate change and other environmental, social and governance (ESG) issues while business interests have pushed back, a Reuters review of correspondence published by the regulator shows.

Risk Management Magazine (6/1/2021)
According to the National Weather Service, 2020 was the most active Atlantic hurricane season to date, with a record-breaking 30 named storms, of which 12 made landfall in the continental United States. 

Canadian Underwriter (6/16/2021)
Risk and insurance professionals need to address two common client misunderstandings about how the property and casualty insurance industry works, a risk professional suggested to Canadian Underwriter Tuesday.

Commercial Risk (6/15/2021)
Ransomware is the biggest cyber threat facing UK businesses, according to the CEO of the country's National Cyber Security Centre (NCSC), who suggested insurers have a key role to play in mitigating the risk and should think twice before paying ransoms on behalf of insureds.

Continuity Central (6/15/2021)
A new report from Tessian reveals that a majority of IT leaders (56 percent) believe that their employees have picked up bad cyber security behaviors since working from home.

RIMScast
The Spencer Educational Foundation has launched its 2nd annual comprehensive fundraising campaign, "Funding Their Future Campaign." This campaign aims to raise $1 million. During this year's campaign, Spencer will honor RIMS CEO Mary Roth and Peter Garvey of EPIC Insurance Brokers and Consultants. In this episode, Mary shares how she has seen the risk management space evolve and how she sees the Spencer Educational Foundation continuing to advance the future of risk management.

 

RIMS Report
Traditionally, risk is dealt with by risk experts, while reputation tends to be managed by the corporate affairs or corporate communications teams. When those two teams work in silos, risks to reputation can develop and remain undetected until it is too late. This report includes findings from interviews with over 40 leading risk professionals in Europe and the US on how reputational risk management can be improved.