insurance
<strong>Extreme weather risk threat from return of El Ni</strong><strong>ño</strong>
The world faces another year of extreme weather risk as experts predict that the conditions are right for the return of El Niño –… More
28 April 2023
Businesses are finding it difficult to protect themselves against the increasingly diverse range of tactics deployed by cyber criminals and cyber insurance is underused. Recently, organisations have experienced a rise in destructive… More
In 2021, artificial intelligence (AI) augmentation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity globally, according to Gartner, the research analyst. Gartner says augmented intelligence, which… More
The UK’s insurance regulator has warned insurance companies that they need to do more to reduce and manage their exposure to ‘silent’ – or non-affirmative cyber risk. Non-affirmative cyber risk occurs when… More
In April this year, the IRM’s Internal Model Industry Forum (IMIF) released a report which outlined how insurance companies can factor operational risk into their insurance purchasing decisions – and many of… More
While model validation as part of the Solvency II IMAP is now considered "business as usual" by insurers, there is more uncertainty around using model risk management (MRM), according to the latest… More
Gaining value from internal risk models? IRM’s Internal Model Industry Forum (IMIF) is publishing its seventh piece of guidance aimed at advising the insurance market how to do so. The document is… More