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 53 (9th April 2021)
This website presents 140 predictions categorised both by six over-arching themes (class actions, climate change, global risks, modernising the workplace, regulation and technology) as well as by 16 different classes of insurance business from aviation, casualty and construction through to property, reinsurance and transactional liability. Offers insights on the opportunities and challenges that the insurance market may face.
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Friday Reading Edition 41 (15th January 2021)
This morning, the UK Supreme Court has today delivered its judgment in the FCA’s business interruption insurance test case, which allowed the FCA’s appeal on behalf of policyholders. This completes the legal process for impacted policies and means that many thousands of policyholders will now have their claims for coronavirus-related business interruption losses paid.
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UK transition hub Text
Friday Reading Edition 41 (15th January 2021)
The CBI’s online hub for understanding more about the changes that affect your business and what you need to do to adjust your operations and ensure you comply with the new rules from 1 January 2021.
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Friday Reading Edition 39 (18th December 2020)
In October 2020, the Financial Conduct Authority (FCA) published proposals on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of coronavirus.
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Friday Reading Edition 38 (11th December 2020)
As local authorities grapple with another season of winter floods amid the growing realisation that we are living with climate change, Dr Bev Adams, Head of Visual Intelligence and CAT Planning at Marsh Risk Consulting, explains how local authorities can increase long-term resilience with minimal extra cost.
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Friday Reading Edition 36 (27th November 2020)
Given the bleak economic outlook for the year ahead, boards should be ensuring they have a robust risk management, governance and internal control framework in place. This should be underpinned by harnessing the skills, talents and resources of internal audit functions to provide independent assurance that risks are being managed and mitigated effectively.
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Friday Reading Edition 24 (4th September 2020)
This paper provides a framework to enable a company to monitor and assess the return on its investments in its employees. It also provides guidance for how chief human resources officers, boards and policy-makers can mainstream this framework in order to shape a better approach to human capital.
Friday Reading Edition 23 (28th August 2020)
Who really owns the risk management framework in a bank? Is it the Chief Risk Officer? Is it so fundamental that it is a shared responsibility among the whole executive or senior leadership team? This guidance puts flesh on the bones of the ‘three lines of defence’ skeleton.
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Friday Reading Edition 22 (21st August 2020)
Paul Merrey and Arturs Kokins of KPMG discuss trust and reputation, the role of the risk professional in this area and the insurance options already available and currently in development, while Christopher Magee of AIG in the UK addresses the key areas of most concern to risk professionals in the areas of governance, laws and regulation.
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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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