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.
Climate in peril Text
Friday Reading Edition 105 (6th May 2022)
Released in the lead-up to the COP26 climate summit in Glasgow, this report analyses a wide range of topics from the science of climate change, increased loss frequency and severity, the power of insurance in incentivising ‘better’ behaviours through an ESG lens – alongside the opportunities presented by the transition to net-zero and the innovative use of insurance capital in the disaster relief space.
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Friday Reading Edition 105 (6th May 2022)
This podcast addresses the challenges risk managers may face when it comes to tackling Environmental, Social, Governance (ESG). Dr Bev Adams, Head of Catastrophe Resilience at Marsh provides advice and practical examples for risk managers when it comes to establishing ESG credentials.
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Friday Reading Edition 104 (29th April 2022)
Even when the conflict in Ukraine comes to an end, assumptions about the open globalisation system on which many Western companies’ business models are predicated will remain in question. Companies will need to brace themselves for a long struggle in which their capabilities in managing global risks will be sorely tested.
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Friday Reading Edition 101 (8th April 2022)
Updated version released April 2022 , covering the latest developments in UK GDPR, including the International data transfer agreement (IDTA) which came into force last month – There are also some very significant GDPR ramifications to this post-Covid new normal. WFH, even if only a part of the post-Covid normal, has rendered many existing security regimes, designed for a pre-pandemic world, redundant.
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Friday Reading Edition 101 (8th April 2022)
[Free to read upon sharing contact details] The insurance industry has always been heavy users of data. Insurance and risk managers are gravitating towards emerging technologies like artificial intelligence and data analytics. Learn more about how AI is showing promise by unlocking value in departments across the enterprise including advantages such as in claims processing and customer experience.
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Friday Reading Edition 101 (8th April 2022)
Ransomware and warning shots about risk aggregation have added a big dose of complexity into an already complicated cyber risk landscape. Insurers are weighing the delicate balance of growth vs discipline in the face of surging claims and deteriorating profitability.
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Friday Reading Edition 100 (1st April 2022)
The survey results paint a picture of globalised companies surprised to be caught between geopolitical competitors. In the 2020 survey, the ratio of respondents who declared themselves “concerned” about political risk in the Asia-Pacific region to those who expressed no concern was well below 2:1. In this year’s survey, that ratio nearly reached 20:1.
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Friday Reading Edition 100 (1st April 2022)
Russia and Ukraine together account for 25-30% of global wheat production. Sanctions against Russia and the crippling of Ukraine’s agriculture industry have sent the price of wheat and various other commodities skyward and disrupted supplies in the global food production chain.
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Friday Reading Edition 100 (1st April 2022)
Knowledge of how war exclusions have been interpreted in the past can be useful in evaluating the applicability of the exclusion under the current circumstances around the Ukraine crisis.
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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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