The COVID-19 pandemic offers valuable lessons on risk and resilience. The pandemic revealed fault lines within many organisations, and degrees of systemic risk that few organisations previously considered. A lack of business continuity planning, the breakdown of supply chains, and overall stresses on business operations have brought to the forefront the need to reimagine approaches to managing enterprise risk.

[For Airmic members only] Modern slavery is illegal under the UK Modern Slavery Act. Aside from the fact that it is the ethical thing to do, society also increasingly expects businesses to respect human rights throughout their supply chains. By working collaboratively, businesses, government and civil society can reduce the incidence of modern slavery and disrupt the global operations of human traffickers.

[For Airmic members only] Biodiversity is intertwined with natural catastrophe risk as degraded coastal habitats offer lower protection against extreme events like storm surges, which will only become more intense and frequent with climate change. The Integrated Biodiversity Assessment Tool (IBAT) is the world’s leading risk screening tool for biodiversity. This session discusses the use of the tool in the context of insurance to help manage risk, identify opportunities and encourage good practice. [Webinar recording]

There is concern that droughts could cause some of the world’s most important rivers to become unnavigable leading to the loss of vital inland shipping routes. Should we be worried and how should we respond?