Click here for the Friday Reading Search, a searchable archive of reading and knowledge resources

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.

To select multiple categories and/or keywords, use Ctrl+Click (or +Click on a Mac).
Airmic,ACCA,Crawford,Lockton,University of Oxford Saïd Business School, 21st October 2021
Friday Reading Edition 78 (15th October 2021)
The fourth publication in our acclaimed “Roads to” thought leadership series is focused on the concept of corporate purpose within a shifting business and risk environment. Corporate purpose has risen up the agenda over the past decade. Roads to Repurposing is an in-depth examination of the concept, aimed at business leaders, policymakers and risk professionals. The report looks at what is being covered under the label ‘corporate purpose’ and ‘repurposing’, why these ideas have acquired such an urgency within the business world, and how companies are applying and using them to improve their business performance and manage risk.
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Airmic, 11th October 2021
Friday Reading Edition 78 (15th October 2021)
The annual Salary and Status Survey report is based on the views of Airmic members, providing a picture of the current profile and future of the profession with important information and indicators about the profile of the profession and what matters to risk professionals the most. Airmic members are helping to drive transformation in their organisations and play a key part in shaping their post-Covid future – the risk and insurance profession continues along the path of recognition as a strategic capability. .
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Airmic,McGill and Partners, 7th October 2021
Friday Reading Edition 78 (15th October 2021)
A new guide, this addresses 12 frequently asked questions associated with D&O coverage, posed from a director’s perspective. The Guide aims to provide an insider’s guide to directors’ and officers’ liability insurance (D&O) for end users, and for board members in particular. Twelve questions make up the core of the guide, focusing on practical issues that commonly arise. Although designed to be answered by reference to specific policy wordings, the answers are intended to provide general guidance as to the likely position, subject to the significant caveat that no two D&O policies are the same.
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Airmic,Arthur D. Little,QBE, 6th October 2021
Friday Reading Edition 78 (15th October 2021)
Part of the Airmic EXPLAINED series of guides, this guide provides an introduction to the concept of risk appetite and addresses the myths, and the links with culture, maturity and sustainability. Defining and implementing risk appetite (often also referred to as a risk attitude) is a strategic activity that involves the Board and top management, as it must be aligned with strategic objectives, and requires consensus and engagement from the organisation’s leadership. This guide is essential reading for those new to the risk management profession, or for those who find themselves with a responsibility for risk management as part of a wider role.
Airmic,Herbert Smith Freehill, 5th October 2021
Friday Reading Edition 78 (15th October 2021)
The Insurance Act was the most fundamental change to UK law governing commercial insurance and reinsurance since the Marine Insurance Act 1906. It governs all polices placed, amended or renewed after the 12th August 2016 and aimed to address the imbalance between insurer and insured rights and encourage a deeper understanding of the risk by all relevant parties. The legislation made significant changes to: the pre-contract duty of disclosure, insurer remedies in the event of a breach of the new duty of fair representation and certain terms used in policy wordings. This guide aims to assist risk professionals in making the most of the benefits of the Insurance Act, while ensuring their own compliance with the duties placed upon them.
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ISO, 1st September 2021
Friday Reading Edition 77 (1st October 2021)
[Requires purchase of the standard] This document gives guidance on the governance of organizations. It provides principles and key aspects of practices to guide governing bodies and governing groups on how to meet their responsibilities so that the organizations they govern can fulfil their purpose. It is also intended for stakeholders involved in, or impacted by, the organization and its governance.
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Financial Reporting Council (FRC), 1st September 2021
Friday Reading Edition 77 (1st October 2021)
Companies seek to seize and deliver on opportunities that create long-term value that are aligned to their purpose. But every opportunity and every action (or inaction) has an associated risk. Investing is as much about assessing the risk as the related opportunity. This means that all organisations have a story to tell on these topics to investors, regulators and other stakeholders. But is this story clear, is it connected and does it reflect the organisation’s processes?
KPMG, 22nd June 2021
Friday Reading Edition 77 (1st October 2021)
Clare Payn, Senior Global ESG and Diversity Manager at LGIM, to discuss investor priorities and the role that institutional investors play in driving enhancements in corporate reporting more broadly. Clare provides her insights into the key ESG themes that investors have been focusing on in the current AGM season including climate risk, TCFD reporting and Paris-aligned targets. [Podcast]
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Captives International, 24th May 2021
Friday Reading Edition 77 (1st October 2021)
Affordable D&O insurance has probably never been more difficult to find. One alternative to the pricey and constrained commercial market is to place D&O risk in a captive, but although there are potential advantages, risk managers should know this solution is largely untested, say Jonathan Barnes and Alex O’Shea of KPMG in Bermuda.
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Insurance Insider , 14th April 2021
Friday Reading Edition 77 (1st October 2021)
[Free to read through a subscription or a free trial] Widespread misunderstanding across UK boardrooms about the operation of D&O coverage could leave directors facing legal expenses running into the millions of pounds, according to research from McGill and Partners.
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