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Riskwire
Today's Feature
Risk Management Magazine (12/19/2022)
An organization is run by its people and their knowledge in managing risk is a key component to strategic business planning and success. A strong risk culture can be an invaluable asset for the future sustainability and growth of an organization.
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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.
Continuity Central (1/3/2023)
FEMA has released the 2022 National Preparedness Report, which details the impact climate change and associated natural disasters continue to have on emergency management capabilities and communities across the nation.
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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. 
Asia Insurance Review (1/3/2023)
Southeast Asian insurance regulators have agreed to create a task force that will collaboratively study  ASEAN sustainable insurance product development.
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.