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 129 (4th November 2022)
[Free to download upon sharing contact details] This report highlights some of the main cyber risk trends from an underwriting, risk consulting and claims perspective, such as the growing cost of ransomware attacks – which has been the major loss driver in recent years, the targeting of more smaller‑sized companies by hackers, the increasing frequency and sophistication of business email compromise attacks in the ‘Zoom and deep fake era’.
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Friday Reading Edition 129 (4th November 2022)
Companies can address and mitigate the disruptions of the future only by taking a more proactive, forward-looking stance. Over the next three to five years, McKinsey expects three major cybersecurity trends that cross-cut multiple technologies to have the biggest implications for organisations.
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Friday Reading Edition 121 (2nd September 2022)
More than six months into Russia’s invasion of Ukraine, the conflict’s long-term impact is coming into focus. Now, much of the focus has shifted from specific developments in Ukraine and Russia to economic inflation globally and a fracturing of the geopolitical order.
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Friday Reading Edition 119 (19th August 2022)
The invasion of Ukraine has changed the risk landscape for generations to come. How businesses assess, plan and mitigate risks will also need to change.
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The role of the insurance industry (from the report “Ukraine: A conflict that changed the world” Text
Friday Reading Edition 119 (19th August 2022)
In the aftermath of the war in Ukraine, therefore, building resilience against current and emerging risks is essential. The insurance industry has a formidable toolkit at its disposal to help organisations build that resilience, whether through the swift payment of claims to keep businesses afloat; removing risks from company balance sheets to reduce their exposure to the crisis; or providing advice on risk mitigation and management to ensure they are prepared for a range of outcomes.
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Friday Reading Edition 119 (19th August 2022)
[free to read upon sharing contact details] The war in the Ukraine, and its global repercussions, is undoubtedly one of the major crises of our times. Past crisis events have only served to expose the limitations of the traditional insurance model and its ability to understand and protect against new risks, as they emerge. There is now a growing pressure on policyholders to take a more active role in ensuring the reliability of their risk placement programmes.
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Friday Reading Edition 114 (15th July 2022)
Global warming means extreme heat events are more likely to increase in frequency, intensity, and duration. Organisations should prepare to protect people and ensure business continuity.
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Friday Reading Edition 109 (10th June 2022)
Cyber threats are considered worse in 2022 than they were last year and the greatest risk for business. Geopolitical, climate and supply chain risks are tied at second place. Diseases and the pandemic have dropped out of the top 10 list of risks – but has this been de-escalated too quickly? Have we learnt and embedded the right lessons from Covid-19?
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Friday Reading Edition 104 (29th April 2022)
[Podcast] Explores the key areas boards need to consider whether that be re-evaluating their businesses in the region or managing the new risks faced by a global economy already struggling with inflation and supply chain disruption.
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Friday Reading Edition 104 (29th April 2022)
Even before the Ukraine-Russia conflict, political risk had been rising ever higher on company risk registers. Despite this awareness, the impacts of political or geopolitical shocks to business have often been perceived as limited or localised. Some impacts appeared to be beyond the control of business leaders to manage. The catastrophic events in Ukraine have shattered such assumptions, and left businesses no option but to respond quickly and decisively.
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