News

FIRM yearbook 2020

From machine learning to risk culture

The digital revolution is advancing. Technological developments are rapid and are changing the way we get information and communicate. In the age of digitalisation, it's only right that the ninth…

RiskNET [Editor-in-chief]
News

Value-added risk mitigation

Digitalisation is transforming insurance

Digital transformation empowers consumers to be more informed and independent than ever before, and equips insurers with the tools to cater to customers' current and future needs. This leads to…

RiskNET [Editor-in-chief]
Photo Gallery

Machine learning and risk analytics

Predicting risks more effectively

Artificial intelligence (AI) and increasingly complex algorithms currently influence our livesand our civilization more than ever. AI creates huge opportunities for businesses globally across all…

RiskNET [Editor-in-chief]
Photo Gallery

Emerging risks

Better risk navigation through early risk identification

What direction is mobility developing in? What cyber risks are lying in wait for companies? Are radical trends contributing to increasing division in society? What risks are caused by increasing…

RiskNET [Editor-in-chief]
News

Central banking and financial stability in the age…

The green swan

Climate change poses new challenges to central banks, regulators and supervisors. A new book, published by the BIS (Bank for International Settlements), reviews ways of addressing these new risks…

RiskNET [Editor-in-chief]
Study

Climate-related risks overshadow all other risks

Risks landscape 2020 is green

This year's risks landscape is green. The urgency of climate change dominates everything: all five of the top risks by likelihood and three by impact are climate related. The backdrop of…

RiskNET [Editor-in-chief]

Environmental, Social, and Governance (ESG)

Sustainability within Reach

Why is Environmental, Social and Governance more relevant today than it was before? What is it exactly and how can it be applied? What next thoughts and steps should be considered? The purpose of this…

Study

Evolution of the biodiversity loss risk

Nature Risks on the Rise

Although the world's 7.6 billion people represent only 0.01% of all living things by weight, humanity has already caused the loss of 83% of all wild mammals and half of all plants. The current…

RiskNET [Editor-in-chief]
Advertorial

Identify Risks, Avoid Loss, Develop Resilience

Prevention Rather Than Crisis Management

We live in uncertain times: Uncertainty is the new certainty! Many experts even consider this to be the dawning of a new era. Whether they view it as a cause for concern or a turning point, this…

FM Global
Advertorial

Active loss prevention - an advantage

An underestimated danger: machinery and equipment damage

Machines are the core of any production environment. If they come to a standstill, this can have wide-reaching effects on the company in question, from expensive and time-consuming repairs, to…

FM Global
Study

Global 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…

RiskNET [Editor-in-chief]
News

Safer 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…

RiskNET [Editor-in-chief]
Study

Interdisciplinary 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…

RiskNET [Editor-in-chief]

Governance, Risk & Compliance

Emphasizing the P in GRC

The acronym GRC (Governance, Risk & Compliance) is widely used, however, in companies embracing digitalization it is more and more being replaced with the acronym DRM (Digital Risk Management) (i) and…

Owe Lie-Bjelland [Director Corporater]
Study

Annual 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…

RiskNET [Editor-in-chief]
News

Natural 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…

RiskNET [Editor-in-chief]
News

Singapore 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"…

Andreas Eicher [RiskNET]
Study

Natural disasters and man-made catastrophes

Global insured losses from disaster events in 2017 were the highest ever

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…

RiskNET [Editor-in-chief]
Study

Study on compliance

Compliance – Focal points in SMEs

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 "Compliance…

RiskNET [Editor-in-chief]
Study

Defective product risk

Product recall risks growing in size and number

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…

RiskNET [Editor-in-chief]

Corporate Governance

Relationship between CG, CSR, compliance, and fiscal offence law

The relationships between corporate governance (hereinafter "CG"), corporate social responsibility (hereinafter "CSR"), compliance, tax compliance and the fiscal offence law have not yet been…

Andreas Grötsch
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