StudyGlobal Cyber Risk Perception Survey
Challenges for Managing Cybersecurity Risk
Technology is dramatically transforming the global business environment, with continual advances in areas ranging from artificial intelligence to the Internet of Things (IoT), to data…
InterviewForward-looking real time intelligence and Predictive Analysis
AI creates intelligent data
There is a lot of talk about AI or artificial intelligence. But where are we currently with the forward-looking technology and how can it make a real breakthrough? FIRM spoke to Heiner Pollert,…
StudyEngineering and construction projects
Defective product and quality control losses on the rise
Large engineering and construction projects have changed beyond recognition in recent decades. Whether it is an airport, a power plant or a car manufacturing complex, sites are now much larger,…
CommentProject risk management
Risks of international project insurance from a German perspective
The growing globalization with more than 200 countries worldwide and the steadily increasing participation of small and medium-sized enterprises requires that laws, guidelines and jurisdictions…
NewsSafer financial system
More capital = end of financial crises
The financial system now is safer than it was before the financial crisis in 2008 and that is almost entirely a result of better-capitalized banks, argued John Cochrane, Senior Fellow of Hoover…
StudyInterdisciplinary study
A Positive Assessment for Reforms of Financial Market Regulation
The regulatory measures following the financial crisis have made credit institutions and the German banking sector, in general, more stable. This is a result of a study by the LOEWE Centre SAFE…
StudyAnnual Risk Report
Top 10 Supply Chain Risks for 2019
Supply chain risk management company Resilience360 has released its first annual Risk Report, which outlines the Top 10 Supply Chain Risks for 2019 – a summary of threats that deserve particular…
InterviewCyber crime, cyber war and cyber terrorism
Increasing professionalisation of cyber criminals
Cyber attacks are increasing and becoming more sophisticated, costing companies billions. The range of risks is huge, covering everything from cyber crime to cyber war to cyber terrorism and…
InterviewArtificial intelligence
The biggest risk is reducing people to figures
Artificial intelligence, or AI, is the subject of constant discussion by politicians, business people and academics. In their different disciplines, the latter studies AI, the future of human…
NewsNatural Catastrophe Preparedness
Master the Disaster
When natural disaster catches a company under-prepared, the chief financial officer is increasingly on the hot seat to break the bad financial news to shareholders and investors.
That according…
StudyGlobal Insolvency Outlook 2019
Closed monitoring of the political and policy-related risks
In 2018, global insolvencies confirmed their upward trend which started in 2017 after seven consecutive years of sizable declines. Indeed, the Global Insolvency Index of Euler Hermes which…
StudyThe Global Risks Report 2019
Growing number of complex and interconnected risks
The world's ability to foster collective action in the face of urgent major crises has reached crisis levels, with worsening international relations hindering action across a growing array of…
InterviewEconomics and Neuroscience
Emotionality and risk
Almost every business decision is based on weighing up opportunities and risks. However, our brains tend to organise sensory impressions and information as simply and clearly as possible. We try…
NewsSingapore Fintech Festival 2018
The missed opportunity of digitization
It is hot and humid in Singapore's November and almost every afternoon the rain breaks its way. Then it almost seems as if the sky wants to cry. A visit to the "Singapore Fintech Festival 2018"…
NewsThe Canadian Property Market
A holistic approach to real estate risk management
Volker Liermann | Nikolas Viets | Stefan Grossmann
Unprecedented low interest rates, booming asset prices and the ever increasing challenge to remain profitable have led financial institutions in many parts of the world, and in Canada in…
CommentCredit risk management, digitalization and cost transformation
A way out of the strategic zero interest trap?
The European Central Bank’s attempt to utilise all available monetary policy means to force reflation is having a significant impact on the banking industry. The flat zero interest curve is…
StudyFuture Outlook and Emerging Risks
Artificial Intelligence will bring new benefits and risks
Artificial Intelligence (AI) refers to the ability of a computer program to think and learn like a human and its snowballing impact on society is undeniable. AI applications already pervade many…
StudyTensions and Turbulence Ahead
Political Risk Map 2018
In 2017, the global political risk landscape was turbulent, and is likely to remain so over the next 12 months. The Political Risk Map 2018, published by Marsh and based on BMI Research findings,…
