News

The Canadian Property Market

A holistic approach to real estate risk management

Volker Liermann | Nikolas Viets | Stefan Grossmann07.08.2018, 06:55

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 particular, to take on more direct and indirect exposure to the real estate market.

In consequence, the same...


Comment

Credit risk management, digitalization and cost transformati...

A way out of the strategic zero interest trap?

Markus Krall31.07.2018, 10:00

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 eroding...

Study

Future Outlook and Emerging Risks

Artificial Intelligence will bring new benefits and risks

RiskNET [Editor-in-chief]07.06.2018, 10:47

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...

Study

Tensions and Turbulence Ahead

Political Risk Map 2018

RiskNET [Editor-in-chief]14.05.2018, 09:59

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,...

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...

Interview

Decision making in risk management

Minimize risks with wargaming

RiskNET [Editor-in-chief]29.03.2018, 14:10

Our world is in a state of upheaval – whether due to war and terrorism, the increasing number of environmental disasters or because of cyber risks and economic distortions. The risk map is growing as...

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...