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 85 (3rd December 2021)
The UK must be better at anticipating, preparing for and responding to a range of challenging risk scenarios, including those which it has never experienced before. The report emphasises that the Government’s current strategy of centralised and opaque risk assessment and risk management, which fails to make adequate preparations, has left the UK vulnerable.
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Friday Reading Edition 85 (3rd December 2021)
Companies are moving to a risk-based cybersecurity stance. The approach recognises that not all assets are created equal, nor can they be equally protected in today’s all-encompassing digital environment. Some assets are extraordinary—of critical importance to a company and its business. The digital business model is, in fact, entirely dependent on trust. If a company’s customer interface is not secure, the risk can become existential. Safeguarding such assets is the heart of an effective strategy to protect against cyberthreats.
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Supply chain ripples Text
Friday Reading Edition 83 (19th November 2021)
Some of the world’s biggest companies are setting ambitious net-zero targets, with significant implications for their supply chains. How impactful could the ripple effect be in helping to meet the goals set out in the Paris Agreement?
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Friday Reading Edition 82 (12th November 2021)
Hear from climate action advocates around the world on what business leaders can do to accelerate to net zero.
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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.
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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?
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Friday Reading Edition 75 (17th September 2021)
Although the credit and political risk insurance (CPRI) market remains dominated by bank buyers and their use of the non-payment product, BPL Global’s report this year takes the time to focus on market appetite for PRI for corporate buyers and banks, and update on the political violence market.
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Friday Reading Edition 74 (11th September 2021)
The coronavirus pandemic has impacted terrorism worldwide like any other area of human activity. Public health restrictions seem to have played a key role in shaping the threat in 2020, mainly by limiting it. Outside of conflict zones, incidents that have occurred have most commonly been lone attackers, reflecting a more situationally suppressed threat.
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Friday Reading Edition 73 (3rd September 2021)
To guide energy and power businesses in their risk management plans, members of Marsh’s Energy and Power Practice led a webcast on ESG messaging, why it is important, and how to communicate your ESG approach to insurers.
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Purpose and the Pandemic Video
Friday Reading Edition 70 (13th August 2021)
Dr Sam Barrell, COO of the Francis Crick Institute, talks about the intense cultural impact of the Crick’s response to the pandemic (repurposing to be a testing, then a vaccination centre) and the importance of purpose. She shares some of the ethical challenges that the executive team faced and how they successfully managed the relationship with their board.