In a release timed to coincide with the Ferma conference taking place in Prague this week, Lloyd’s broker Aon outlines a utopian vision of risk management in the future.
Aon predicts that corporate CFOs will have more say in structuring risk transfer solutions and at the same time, more [non-financial] companies will appoint chief risk officers [...]

Tags: 360, Lighthill Risk Network, Risk management

Islamist terrorist activity is shifting from the Middle East to South Asia, according to security experts.
The Aon 2009 Terrorism Threat Map from Aon Crisis Management (2 June) shows a trend towards fewer terrorist attacks in the Middle East but increased activity in Pakistan, India and Afghanistan, with Thailand and Nepal also showing more incidents.
Produced in [...]

Tags: Emerging risks, Risk management

Big insurers are no longer assumed to be the safest or the best, according to a recent “op-ed” in The Economist magazine (Eggs and baskets, May 28th 2009). The article says that uncertainty around many of the world’s biggest financial institutions means that commercial insurance buyers are no longer prepared to put all their eggs [...]

Tags: Lloyd's, Risk management, subscription market

The more organized corporate risk managers have completed their January 1 insurance renewals and cleared their desks. Now they can start to worry properly about what 2009 might hold.
Against a background of turmoil in the financial markets and fears of a global recession, on top of climate change and terrorism, the world has rarely seemed [...]

Tags: ERM, Risk management, Supply chain