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 52 (1st April 2021)
This guide addresses what you should be concerned about with regard to terrorism risk, its wider impacts, what kinds of coverage you may need, and what else besides property damage you could be exposed to in the event of a terrorist incident.
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Terrorism risk insurance Video
Friday Reading Edition 52 (1st April 2021)
[For Airmic members only] Held in conjunction with the launch of the guide on terrorism risk insurance above, this session will help you recognise the scope of the definition of terrorism on a policy, identify what else your organisation could be exposed to from a terrorist event, besides physical losses, and understand the potential short- and long-term impacts of different types of terrorist events on your organisation, so as to define what type of coverages might be needed.
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Friday Reading Edition 93 (11th February 2022)
[Free to read upon sharing contact details] The data indicates that larger scale of losses could result if an event of the past were to occur today, given the accumulation of socio-economic value and other dynamics such as changing weather conditions in the intervening years.
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Friday Reading Edition 52 (1st April 2021)
For several years, there have been warnings that the ballooning size of boxships has been outpacing the industry’s ability to deal with the growing risk of such large assets. This podcast asks whether the Suez crisis might just be the wake-up call that shipping needs to reassess its readiness when it comes to dealing with super-sized casualties. Joining the podcast is global head of marine risk consulting at Allianz, Capt Rahul Khanna.
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Friday Reading Edition 73 (3rd September 2021)
This Insights paper, arising from a roundtable co-organised with Allianz and supported by Herbert Smith Freehills, evaluates what businesses need to address and be aware of with regard to ESG issues. It also discusses how Allianz integrates ESG principles in its underwriting, with director and officer (D&O) liability as a focus.
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Friday Reading Edition 21 (14th August 2020)
Statement from the FCA following a test case trial on 30 July 2020, on resolving uncertainty about insurers’ liability for certain Business Interruption (BI) insurance policies.
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Friday Reading Edition 67 (16th July 2021)
The Covid-19 pandemic has given the insurance industry a chance to prove its worth, but has also demonstrated that the industry must become more efficient in order to meet the evolving needs of its clients.
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Friday Reading Edition 79 (22nd October 2021)
Features the types of fraud on the rise, how fraudsters may use COVID-19 to their favour, example of recent Suspected Insurance Fraud and the tactics used, and how the industry is working together to fight fraud.
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Friday Reading Edition 60 (28th May 2021)
In Rockcliffe Hall Limited v Travelers Insurance Company Ltd [2021], Travelers succeeded in obtaining strike out/summary judgment against a policyholder’s Covid-19 business interruption claim because Covid-19 was not specifically included in the policy’s ‘closed list’ of specified diseases.
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Friday Reading Edition 118 (12th August 2022)
Since 2012, 'water crises' have consistently ranked in the World Economic Forum's Global Risk. Despite that, far too many companies are unaware of their exposure to water risks.
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