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.
Ports strikes adding to supply chain headaches - strikes, delay and matters affecting performance Text
Friday Reading Edition 120 (26th August 2022)
With this industrial action and the threat of further industrial action, together with congestion and delay ever increasing across the globe, it is of paramount importance for both cargo interests and their insurers to review their underlying commercial contracts, contracts of carriage and marine cargo policies with a view to managing and limiting potential exposures.
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Friday Reading Edition 120 (26th August 2022)
The frequency of strikes and other types of labour unrest rose in 2021 and remains elevated in 2022. Here is an outlook for labour activism over the next six months, and where it is likely to have the greatest impact.
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Friday Reading Edition 120 (26th August 2022)
A Supreme Court decision last year highlights the importance of collective bargaining agreements making crystal clear when the collective bargaining process will be treated as exhausted. Where this is not the case, employers would be well advised to seek to negotiate inclusion of such provisions at the earliest opportunity.
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Friday Reading Edition 119 (19th August 2022)
The fallout from the war in Ukraine remains highly uncertain, but its immediate effect has been to reduce cyber frequency worldwide as warring sides refocus their priorities and resources.
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Friday Reading Edition 119 (19th August 2022)
War exclusions are required by standard insurances, but in their current form may lead to lengthy coverage discussions which may escalate to ADR proceedings (if the policy allows) and as a last resort, coverage litigation which, as we have seen, can linger on unsettled for years.
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Friday Reading Edition 119 (19th August 2022)
Will the Ukraine crisis ultimately increase or reduce the focus on ESG in the future? We try to answer some questions from investors.
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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 118 (12th August 2022)
Briefing on the NFFC from last month – Fire and rescue services across the country have attended an unprecedented number of calls during the recent spell of hot weather, managing in very difficult conditions despite the huge increase in demand.
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