Study Natural disasters and man-made catastrophes
Global insured losses from disaster events in 2017 were the highest ever
RiskNET [Editor-in-chief]15.04.2018, 20:38
Total global economic losses from natural and man-made disasters in 2017 were USD 337 billion, almost double the losses in 2016 and the second highest on record, the latest sigma study from the Swiss...
Study Study on compliance
Compliance – Focal points in SMEs
RiskNET [Editor-in-chief]27.03.2018, 08:10
Compliance in SMEs has been a long-running issue in the media for years. Despite this, not all SMEs have adequate compliance structures in place yet. This is shown by the recent study...
Interview Compliance index model
Compliance: A matter of culture
RiskNET [Editor-in-chief]23.03.2018, 13:54
Compliance measures result in costs but do they also have a benefit? It's difficult to assess the success of measures. It tends to arise – if at all – after a delay and the contribution made to...
News Banking Industry
Thoughts on the Impact of Machine Learning
Farhad Khakzad15.02.2018, 13:57
In 1890, a company was founded in the USA that eventually developed into a leading brand. 80 years after its inception, the company had a market share of approximately 90% in its core field of...
Study Global Risks 2018
World Enters Critical Period of Intensified Risks in 2018
RiskNET [Editor-in-chief]22.01.2018, 16:14
The prospect of strong economic growth in 2018 presents leaders with a golden opportunity to address signs of severe weakness in many of the complex systems that underpin our world, such as...
Study Risk Landscape 2018
Business interruption and cyber incidents dominate risk landscape
RiskNET [Editor-in-chief]19.01.2018, 10:06
They take aim at the backbone of the connected economy and, when they strike, can jeopardize the success, or even the existence, of companies of every size and sector. Business interruption (#1 with...
Comment Market analysis
Trade is a key geopolitical risk in 2018
Richard Turnill [BlackRock]10.01.2018, 08:29
The economy is expanding, equities are at new highs and markets appear calm. What is there to worry about? Geopolitical risks are ticking up, according to our BlackRock Geopolitical Risk Indicator...
Photo Gallery 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...
News Influence of 'risk talk'
RiskTalk: can a better conversation help fend off disaster?
Anette Mikes27.10.2017, 21:38
We often respond to blunders such as the explosion on BP's Deepwater Horizon, the collapse of Lehman Brothers, and the Volkswagen emissions scandal by asking: What were they thinking? But before we...
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 Quo vadis Big Data?
Big Data and the world of algorithms and analyses
RiskNET [Editor-in-chief]22.09.2017, 13:15
Big data is in fashion. Especially the economy has been calling for greater implementation of new methods of analysis for years. Some people are convinced that they can maintain an overview of...
Interview The ongoing revision of ISO 31000
Risk management is one of the core topics in Governance
RiskNET [Editor-in-chief]24.07.2017, 16:22
Prof. Brühwiler has been involved with ISO 31000 since its very beginning in 2005 when ISO TMB (Technical Management Board) established a working group which was asked to write ISO 31000. This...
Interview Opportunity and risk management
In the shadow of risks there are also opportunities
RiskNET [Editor-in-chief]05.07.2017, 08:54
Political and social risks, economic disagreements and increasing digitalisation – with rising volumes of data to be analysed – the insurance industry has to cope with a very heavy burden. We spoke...
Interview Interview with Benedikt Doll, biathlete
Meticulous preparation and nothing left to chance
RiskNET [Editor-in-chief]09.06.2017, 08:30
Sport and business have a lot in common. Not just in terms of sponsorship, advertising and TV contracts. The two disciplines also have parallels in the importance of meticulous preparation. Biathlon...
Science Neuroeconomics
Approaches to study risk taking in neuroscience
Alexander Niklas Häusler | Bernd Weber01.06.2017, 10:03
To interpret insights from the field of neuroeconomics for other disciplines or applications in the domain of financial choices [for a short overview: see Häusler and Weber, 2015], it is important to...
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...
Comment The success of "disruptive innovations" remains uncertain
Digital, more digital, disruptive
Andreas Kempf | Frank Romeike08.05.2017, 09:21
In the current discussion about digitalisation, there is one term that seems to be omnipresent and dominating a lot of media reporting (see Fig. 01). According to the newspaper FAZ, it's something...
