Perspective

EU Migration Crisis Update

According PRIMO one of the main public risks is  – caused by the way we manage the migrants in a very slow and non-systemic way – the harm we do to the resilience and self respect of individual humans and their integration in public society. This update by Medecins Sans Frontiers (MSF) is an impressive and in depth story of ourselves. It proofs once again that risk management is still lacking momentum and is considered mainly from a higher ground perspective. Still public […]

Nuclear Security Index: Theft & Sabotage

This report of the Nuclear Threat Initiative (NTI) points out that many countries are well prepared for a cyber attack on their nuclear installations. The third Nuclear Security Index gives an overview of the readiness of countries for the protection of their nuclear installations against sabotage and cyber attacks. Co-Chairman and CEO Sam Nunn concludes in his introduction: ‘I believe it is fair to say that today we are at a crossroads on nuclear security. When the 2016 Nuclear Security […]

Breaking the Tragedy of the Horizon – climate change and financial stability

Mike Carney, Governor of the Bank of England Chairman of the Financial Stability Board, gave its speech at  Lloyd’s of London, 29 September 2015. He focuses on the facts and the consequences for our architecture of government, safety, insurance and financial stability of the world economy. A quote: “There are three broad channels through which climate change can affect financial stability: First, physical risks: the impacts today on insurance liabilities and the value of financial assets that arise from climate- […]

EU Cyber Security

Securing network and information systems in the EU is essential to ensure prosperity and to keep the online economy running. The European Union works on a number of fronts to ensure cybersecurity in Europe, from providing the delivery of better internet for kids to implementing the international cooperation on cybersecurity and cybercrime.Digital technologies and the Internet are the backbone of our society and economy; they are key enablers of prosperity and freedom. Network and information systems can be affected by […]

Future of Insurance

How the tech- revolution is reshaping the way claims are handled. The insurance industry is undergoing a revolution – technological advancements are transforming how claims are processed, putting an end to labour-intensive systems. Europe-based manufacturer discovered recently, the value of a policy often becomes evident only after a company has suffered a loss and made a claim. Managers at the firm in question were shocked to discover that the company’s insurance covered only 85% of what turned out to be […]

Public Perceptions of Climate Change as a Human Health Risk

Surveys of the United States, Canada and Malta International Journal of Environmental Research and Public Health “We used data from nationally representative surveys conducted in the United States, Canada and Malta between 2008 and 2009 to answer three questions: Does the public believe that climate change poses human health risks, and if so, are they seen as current or future risks? Whose health does the public think will be harmed? In what specific ways does the public believe climate change will […]

The development of Cyber Insurance

Cyber Risk & Insurance Forum (CRIF) “In Boardrooms around the world cyber insurance is an important subject that is gaining in profile and importance. In this article Daljitt Barn, Cyber Director of PwC, looks at the how the Cyber Insurance Sector has evolved over the past four years and what the next few years may bring. For purists out there, I acknowledge that what might be termed Cyber Insurance has been around as a specialty line for some years. More recently […]

The Sixth Extinction?

Can extinction of species be a threat to our public values and for a personal, social or environmental stability. We think it is. We feel extinction is often being dismissed out of hand, downplayed, put in ‘perspective’ and seen as irrelevant – as if new species can develop within years –  and not seen as a not essential part of resilience. Species are often not be considered as part of a system, as element in a ecological chain, as stand alone […]