Risk & ERM

Lloyd's of London has published a number of ways for the insurance industry to fast-track a global economic and societal recovery from COVID-19 and prepare for future pandemics.

Patrick Kelliher covers issues in modelling dependencies between operational and non-operational risks

Alan Forrest shares the importance of model risk management in the banking sector

Cyber criminals are exploiting new security vulnerabilities brought on by COVID-19 and widespread homeworking, a new report from Aon has warned.

The number of insurers identifying Brexit as a key risk has fallen by half in the past year with climate change and cyber security now rising priority areas.

Two-thirds of UK insurance brokers believe that the industry's reputation has been damaged during the COVID-19 crisis, a recent survey has uncovered.

The coronavirus pandemic could lead to a “sharp rise” in antimicrobial resistance due to the widespread use of antibiotics as treatments, microbiologists from Queen's University Belfast have warned.

Ransomware cyber attacks increased by 25% worldwide in the first quarter of this year compared to the final three months of 2019, based on incidents reported to Beazley Breach Response (BBR) Services.

Competition from clean technologies and tough government climate policies could see the fossil fuel industry's profits slashed by two-thirds over the next two decades, a new study has found.

Stochastic claims reserving models are not widely understood – but Robert Scarth wants to change this. Here, he discusses models for one-year risk