|
|
![]() |
||||||
| RIMS.org | RM Magazine | Risk Knowledge Library | RIMScast | RISKWIRE Archive | ||||||
|
Today's Feature
Industry News
PropertyCasualty360 (1/4/2023)
According to Fitch Ratings, P&C industry net earnings fell 19% in the first nine months of 2022. The coming year should see some stabilization in the personal auto space, but car insurers might not break even until 2024. Reuters (1/3/2023)
Global insurers are already facing a challenging new year as reinsurers hike rates by as much as 200% on key business lines and pull back from underwriting risk in Russia, Ukraine and Belarus. Insurance Journal (1/3/2023)
The cyber insurance sector already has characteristics of an interesting and potentially challenging time in 2023. Here are five themes that will be important as the year develops.
Reuters (1/3/2023)
In the wake of crypto exchange FTX’s collapse, the Federal Reserve, Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC) have cautioned banks to be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms. Canadian Underwriter (1/3/2023)
As a potential recession approaches, consumers will be less likely to purchase big-ticket items such as cars and homes. As car ownership declines, so will the need for an insurance policy. Rims Resources
RIMS ERM Q&A Interview
Denise Cosentino, Director of ERM at Eversource Energy discusses what it took to get a seat at the table of New England’s largest energy delivery company. As a U.S. Honoree recipient of the 2021 ERM Global Award of Distinction, she also reveals how the ERM program is directly involved in the Fortune 500 company’s sustainability agenda and why benchmarking is so crucial to its success. RIMS RMM®
The RIMS Risk Maturity Model® (RIMS RMM®) is a revolutionary self-assessment tool designed to help organizations identify strengths and weaknesses in their risk strategy. Begin by completing a questionnaire evaluating the elements (“pillars”) and characteristics (“attributes”) your organization considers important. Once the assessment is completed, you’ll receive a report that measures your responses against the model’s five pillars and 35 attributes that are significant to success. |
||||||