Complexity of inter-connected risks on the rise

UK businesses are most concerned about economic and financial risk (43 per cent), cyber-risk (39 per cent) and people risk (38 per cent), according to a report by Marsh McLennan. But it is the inter-connected nature of such Read more

Most FTSE 100 firms fear supply chain threat

Most (72 per cent) FTSE 100 companies rate supply chain risk as a principal threat to their organisations, according to research by Boston Consulting group Inverto.

“The severity – and short notice – of disruptions in the Suez Read more

Boards focus on skills for technological innovation

Boards are seeking to acquire or boost their skills on corporate strategy (30 per cent) and technology implementation (31 per cent) – tied with industry specialisation – as emerging technologies pave a path to growth, according to the 2024 Read more

The vulnerability of the UK’s undersea critical national infrastructure

Dr Robert James Chapman, Dr Chapman and Associates Ltd, January 2025Can be contacted at: DrChapmanAssociates@outlook.com

Introduction

On 25 December 2024 Finland’s electricity transmission operator Fingrid reported that their 106-mile Estlink 2 cable connection between Finland and Estonia had Read more

EU risk preparedness outpaced by potential threats

While the European Union (EU) is more prepared to deal with major crises than it was five years ago, the complex risk landscape has outpaced the body’s speed in dealing with them, according to a report published by the Read more

CROs focused on short-term initiatives

Chief risk officers (CROs) said they were more involved in supporting their organisations’ short-term goals for innovation and growth rather than longer-term strategies, according to a study by the World Economic Forum.

For example, 81 per cent Read more

Top risk categories relatively stable

Climate change, cybersecurity, geopolitical stability and other key risks have remained at the top of insurance survey rankings over the past four to five years, according to Axa future risk report 2024.

Climate change, for example, has Read more

New employer duties on sexual harassment

Employers have a duty to take reasonable steps to prevent sexual harassment under rules that come into effect in October. In future, employers that fail to protect workers will face steeper compensation awards by tribunals that find against them.

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