Crisis Management

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RiskNET Summit 2017

Future risk management

RiskNET [Editor-in-chief]12.12.2017, 20:30

Cyber hazards, sabotage, data theft, FinTechs, separatist movements, economic and geopolitical risks. The range of risks for all industries – and particularly for the financial sector – is wide and...

Study

Defective product risk

Product recall risks growing in size and number

RiskNET [Editor-in-chief]11.12.2017, 15:32

Samsung recalled 2.5 million Galaxy Note 7 phones after users reported flames and explosions caused by overheating batteries (estimated cost: $5bn+). Automaker, Toyota issued a recall on over four...

Interview

Interview with Raffael Kalisch

Crises are the best "resilience training"

RiskNET [Editor-in-chief]17.10.2017, 08:10

Engineers refer to a resilient system if failure of one part does not lead to complete failure of all technical systems. An ecosystem is said to be resilient if it returns to its initial condition...

Interview

Staying in the comfort zone as a risk

More speed – less risk

RiskNET [Editor-in-chief]22.05.2017, 18:25

Dealing with risks, making decisions, taking on leadership roles, cooperating in a team, setting objectives, showing persistence and maybe sometimes the courage to turn back – these are all...

Study

RiskMap 2017

A Year of Acute Uncertainty

RiskNET [Editor-in-chief]13.12.2016, 08:04

The central theme of the RiskMap 2017 is the challenge to globalisation and free trade and how businesses can adapt and thrive in these changing times. Donald Trump’s triumph in the United States...

Interview

Interview with Jürgen Stark

Risks are no longer priced correctly

RiskNET [Editor-in-chief]08.04.2016, 10:14

Criticism of the ECB is in vogue – especially as the monetary perpetual motion machine in Europe has started moving increasingly quickly, and the rationale behind government bond purchases has...

Comment

Market and Risk Analysis

Rumor & Denial: Verbal oil intervention in action

Ole Hansen [Saxo Bank]01.02.2016, 15:19

January proved to be a very volatile month for commodities and the final week was no exception, with the oil market continuing to attract most of the attention. Speculation of a so far unconfirmed...

Comment

Statistics, Psychology and the Risk Paradox

Are We Afraid of the Wrong Things?

Prof. Dr. Ortwin Renn [Universität Stuttgart]15.12.2015, 16:26

New technologies, sophisticated mathematical models and increasingly comprehensive statistical surveys have brought – and continue to bring – huge advances in our understanding of risk management....

Comment

The Notion of the Risk ­Society in the Public Discourse

The Appeal of Disasters

Prof. Dr. Klaus P. Japp30.11.2015, 14:48

Even deciding to get married can have serious consequences. But clinging to the idea of large-scale risks – by, for example, positing the notion of a 'risk society' – obscures many of the everyday...

Study

The Changing Role of the Risk Manager

Influence of Risk Managers is Growing

RiskNET [Editor-in-chief]13.10.2015, 11:06

More than seven out of ten (71%) of risk managers say their overall level of influence is greater now than it was three years ago according to a survey of 500 companies in Europe, the Middle East and...

Comment

Non-linear movements in markets

Beyond the brink

Steen Jakobsen [Saxo Bank]30.06.2015, 12:32

There is exactly the same feeling into the air as before the Lehman default. I remember being almost alone in thinking Lehman would fail to remain afloat, but both the market and the Federal Reserve...

Study

Risk Analysis

Port and ships become hacker targets

RiskNET [Editor-in-chief]26.03.2015, 06:42

Shipping losses continued their long-term downward trend with 75 reported worldwide in 2014, making it the safest year in shipping for 10 years, according to Allianz Global Corporate & Specialty...

Comment

Cyber Risks: The Growing Threat

Cyber security in the banking sector

Andreas Eicher, Frank Romeike03.02.2015, 09:05

Everyone remembers the movie-like bank robbery back in 2013, when the robbers dug a 30 metre tunnel to a bank branch in Berlin and ransacked the safety deposit boxes. It took hard work, creativity...

Study

Global Risks 2015

International Conflict Tops List of Global Risks

RiskNET [Editor-in-chief]21.01.2015, 10:55

The biggest threat to the stability of the world in the next 10 years comes from the risk of international conflict, according to the 10th edition of the Global Risks report, which is published...

News

Lower losses from weather extremes and earthquakes

Review of natural catastrophes in 2014

Redaktion RiskNET07.01.2015, 16:32

The absence of very severe catastrophes and a quiet hurricane season in the North Atlantic meant that losses from natural catastrophes in 2014 were much lower. At US$ 7bn, the most expensive event in...