Since March 2020, Airmic has been issuing Friday Reading, a curated series of readings and knowledge resources sent by email to Airmic members. The objective of Airmic Friday Reading was initially to keep members informed during the Covid-19 pandemic. Today, Airmic Friday Reading has evolved in scope to include content on a wide range of subjects with each email edition following a theme. This page is a searchable archive of all the readings and knowledge resources that have been shared.
Friday Reading Edition 82 (12th November 2021)
Insurers and reinsurers are not yet crowding to join the global race to net zero. This article assesses the reasons for such restraint and the difficulties that implementing a net zero strategy for insurers could entail.
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Climate in peril Text
Friday Reading Edition 105 (6th May 2022)
Released in the lead-up to the COP26 climate summit in Glasgow, this report analyses a wide range of topics from the science of climate change, increased loss frequency and severity, the power of insurance in incentivising ‘better’ behaviours through an ESG lens – alongside the opportunities presented by the transition to net-zero and the innovative use of insurance capital in the disaster relief space.
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Friday Reading Edition 80 (29th October 2021)
Risks associated with the pandemic have changed the risk profile of the world. While the disease and pandemics don’t make it into the top five risks of the 2021 Airmic survey, risk connectivity means that every risk in the Airmic top ten has been and continues to be touched by the pandemic and its systemic effect.
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Friday Reading Edition 80 (29th October 2021)
Global challenges such as climate change call for ambitious initiatives. It is admirable that the insurance industry has made commitments through various initiatives. However, more dialogue is needed between insurers, brokers, insurance buyers and risk professionals to ensure that these initiatives have the right intended consequences on the global economy, and so that significant progress can be made towards net zero.
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Friday Reading Edition 80 (29th October 2021)
The reality is that if you’re not going to assess your ESG risk, someone else will. We anticipate that ESG will in time become part of the regular risk management and reporting of all organisations – some more swiftly than others. Now is the time for you to bring your ERM expertise into the ESG strategy conversations.
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Friday Reading Edition 80 (29th October 2021)
Ransomware attacks have continued hitting the headlines, and has rapidly become the key cyber threat to organisations globally. This despite an increasingly active and disruptive geopolitical threat picture with individual organisations, global supply chains and critical infrastructure also increasingly targeted by state-linked actors.
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Friday Reading Edition 93 (11th February 2022)
Jen Clark, Senior Risk Engineer, and Paul Redington, Regional Major Loss Manager, discuss the rising risks associated with floods and how flooding across the UK is changing.
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Friday Reading Edition 81 (5th November 2021)
Cyber insurance is presenting cover and premium price increase challenges with many members submerged by requests for data to support cover submissions. On a more optimistic are we seeing some green shoots on insurance more generally with a softening of attitude towards some covers and brokers and insurers reaching out to rebuild client relationships?
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Friday Reading Edition 78 (15th October 2021)
A new guide, this addresses 12 frequently asked questions associated with D&O coverage, posed from a director’s perspective. The Guide aims to provide an insider’s guide to directors’ and officers’ liability insurance (D&O) for end users, and for board members in particular. Twelve questions make up the core of the guide, focusing on practical issues that commonly arise. Although designed to be answered by reference to specific policy wordings, the answers are intended to provide general guidance as to the likely position, subject to the significant caveat that no two D&O policies are the same.
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Friday Reading Edition 78 (15th October 2021)
Part of the Airmic EXPLAINED series of guides, this guide provides an introduction to the concept of risk appetite and addresses the myths, and the links with culture, maturity and sustainability. Defining and implementing risk appetite (often also referred to as a risk attitude) is a strategic activity that involves the Board and top management, as it must be aligned with strategic objectives, and requires consensus and engagement from the organisation’s leadership. This guide is essential reading for those new to the risk management profession, or for those who find themselves with a responsibility for risk management as part of a wider role.
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