Search

The risk management discipline is evolving and expanding. Increasingly, risk management practitioners are shifting their focus from event or financial risks to a broader perspective that encompasses operational, enterprise and [...]

In 2009, 137 workers were injured in a China-based Apple supplier location when they were exposed to poisonous chemicals used to clean iPhone screens. Over the next two years, two [...]

There's something mesmerizing about apocalyptic scenarios. Like an alluring femme fatale, they exert an uncanny pull on the imagination. That is why what security expert Bruce Schneier calls 'worst-case thinking' [...]

It was nine o'clock on Christmas Eve and I was waiting for the kids to drift off to sleep so Santa could visit, when my phone rang. It was a [...]

FOR DECADES, companies accepted weather as an inevitable element of nature, and simply absorbed the financial burden of volatile climate patterns. Then, in 1997, utility companies whose profits are inexorably [...]

A Multi-Jurisdictional Perspective Since their inception more than 50 years ago, there has been a dramatic increase in the number and size of government-owned special purpose investment funds, commonly referred [...]

Since the passage of SOX some five years ago, too many publicly traded companies have focused their Sarbanes-Oxley compliance efforts solely on financial reporting, considering SOX compliance to be a [...]

The series of unprecedented hurricanes in 2004 and 2005 sent property/casualty insurers and CAT modelers scrambling to develop and implement new modeling approaches that would more accurately reflect the new [...]

PARTICIPANTS: Richard Inserra Assistant Treasurer and Director Risk Management Praxair, Inc. Sheila Small Assistant Treasurer, Risk Management and Insurance Verizon Communications Paul Wagner, Jr. Director, Risk Management AGL Resources Lorna [...]

There is little question that global climate conditions have been getting worse. Statistics from Munich Re show that, in comparison with the 1960s, five times as many natural catastrophes such [...]

Health plan costs for employers were held to just a 0.2 percent growth in 1997, but the cheering may not last: costs are expected to rise substantially in 1998. The [...]

In this era of tumultuous change, there is an opportunity for tremendous growth as well as the potential for severe loss. Never before has it been so crucial to keep [...]

ALTHOUGH MANY NEW BRIDGES WILL SOON BE CONSTRUCTED IN THIS PERIOD OF 'STIMULUS,' THE ONE BRIDGE THAT IS NOT UNDER CONSTRUCTION-NOR EVEN YET CONTEMPLATED--IS POTENTIALLY THE MOST CRITICAL INFRASTRUCTURE PROJECT [...]

There was the countdown, the dropping of the ball in Times Square, all the trappings of a traditional new year. But there was also around-the-globe television coverage. After all, this [...]

What does the future hold for risk management and its practitioners? Will the discipline expand and be used as a tool to identify and mitigate the entire range of risks [...]

With close to 40% of Americans attending a weekly faith service, the role of religious institutions--churches, mosques, synagogues, temples--still weighs heavily on American society. For many, a house of worship [...]

As the U.S. economy continues its uphill climb to recovery, corporate boards are looking to improve their enterprise risk management framework. With executives also shifting their focus from survival to [...]

1950s We have become a claim conscious nation, seeking legal redress for every discomfort, real or imagined, which is experienced almost as a necessary incident of our everyday living. We [...]

As risks have become more complex, so has the job description of many risk managers. Frequently, today's risk practitioners are being asked to assume a greater role in the strategic [...]

The day after the House of Representatives passed the health care reform bill, Sen. John McCain expressed his displeasure on an Arizona radio station. 'There will be no cooperation for [...]

One refrain that is almost universal among risk managers is the fact that insurers rarely understand--or at least rarely acknowledge via premium rates-their organizations' unique risks. But in many cases, [...]

Anyone who has ever tried it already knows that implementing an effective enterprise risk management program is difficult. This is particularly true for insurance companies, who have been struggling to [...]

'We need a fundamental rethink of how to manage systemic risk internationally.'--John Sieve, deputy governor, Bank of England amount of businesses that have a strategy in place to manage risk [...]

As the holidays approach, this (hopefully) means even the hardest-working risk managers will soon have some vacation time away from the office. Of course, the bulk of this time should [...]

As most in the field of risk management know, this is a career that usually finds you instead of the other way around. But in the case of Robert Cartwright, [...]

Companies looking to implement an enterprise risk management (ERM) strategy in order to better deal with risks that have the capability of affecting an entire organization have often looked to [...]

You probably use the word risk 50 times a day. But what do you mean? Fortunately, finance and statistics provides an objective definition of risk that fits the bill perfectly: [...]