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 100 (1st April 2022)
The Ukraine crisis presents a myriad of risks to the sector – direct underwriting losses, rapidly rising prices, slower economic growth, financial market volatility and the potential for asset shocks – that are not altogether different to what occurred during COVID-19 and the financial crisis. But with direct investment and underwriting exposures limited overall, and with second order effects in financial markets currently manageable, the sector is strongly positioned to support clients through this period of uncertainty.
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Friday Reading Edition 98 (18th March 2022)
Russia and Ukraine rank 11th and 55th respectively in terms of their national economies but, for the global supply of critical resources such as energy, food, and minerals, these two countries together are far bigger hitters – and both the threat and reality of resource flows from them being reduced have already driven up global prices.
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Friday Reading Edition 98 (18th March 2022)
The entire global economy will feel the effects of slower growth and faster inflation. Impacts will flow through three main channels – higher prices for commodities like food and energy will push up inflation further; neighboring economies in particular will grapple with disrupted trade, supply chains, and remittances as well as an historic surge in refugee flows; reduced business confidence and higher investor uncertainty will weigh on asset prices.
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Friday Reading Edition 96 (4th March 2022)
Russia’s invasion has materially altered the near-term outlook for the UK and global economies and increased uncertainty over the path ahead. This article summarises early analysis on the impact on the UK economy via four main channels: energy (and other commodities), trade, financial links and confidence. It concludes with a brief discussion of the possible implications for UK inflation, growth and the outlook for interest rates.
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Friday Reading Edition 95 (25th February 2022)
The 17th edition of the Global Risks Report identifies tensions that will result from diverging trajectories and approaches within and between countries and then examines the risks that could arise from such tensions. This year’s report also highlights the implications of these risks for individuals, governments and businesses.
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Friday Reading Edition 95 (25th February 2022)
The state of the world in 2022 may be beset by global challenges – but it is not without hope. Through global collaboration, public-private partnerships, new models and innovations, and a renewed sense of social responsibility we can create a more sustainable, inclusive and resilient world. Here are the main messages and takeaways from The Davos Agenda 2022, which took place in January.
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Friday Reading Edition 95 (25th February 2022)
In addition to the more in-depth Global Risks Perception Survey, a critical foundation of the Global Risks Report, data presented here is from a single question in the World Economic Forum’s Executive Opinion Survey. 12,361 executives from 124 countries around the world were asked to give their opinions on the top critical short-term threats to their country, out of a total list of 35 risks.
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Friday Reading Edition 91 (28th January 2022)
The International Monetary Fund (IMF) painted a downbeat picture of the global economic outlook, as it revised down its growth forecasts citing supply disruptions and the ongoing pandemic as two factors hampering recovery.
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Friday Reading Edition 88 (7th January 2022)
Journalists, media executives, columnists, commentators, and media critics—from the US and around the world—offered McKinsey their perspectives on what will make the news, from climate change and misinformation to the growing role of artificial intelligence and global supply-chain challenges. And, critically, what is unlikely to merit the headlines we all ought to see more of in the coming months.
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Friday Reading Edition 87 (17th December 2021)
As presented by Yael Selfin, Chief Economist at KPMG UK, on Airmic LIVE earlier this week – the emergence of the Omicron variant throws a spanner in the economic recovery, elevating the level of uncertainty about the recovery path from the pandemic. While the impact is not expected to be as severe as at the start of the pandemic, or even the beginning of this year, increased uncertainty and the potential reintroduction of social distancing measures could see output fall.
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