Crisis Management

Comment

Market and Risk Analysis

Rumor & Denial: Verbal oil intervention in action

Ole Hansen [Saxo Bank]

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…

Comment

Statistics, Psychology and the Risk Paradox

Are We Afraid of the Wrong Things?

Prof. Dr. Ortwin Renn [Universität Stuttgart]

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

Comment

The Notion of the Risk ­Society in the Public Discourse

The Appeal of Disasters

Prof. Dr. Klaus P. Japp

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…

Study

The Changing Role of the Risk Manager

Influence of Risk Managers is Growing

RiskNET [Editor-in-chief]

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…

Comment

Non-linear movements in markets

Beyond the brink

Steen Jakobsen [Saxo Bank]

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…

Study

Risk Analysis

Port and ships become hacker targets

RiskNET [Editor-in-chief]

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 Romeike

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,…

Study

Global Risks 2015

International Conflict Tops List of Global Risks

RiskNET [Editor-in-chief]

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 RiskNET

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…