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Nov. 21, 2013


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TRIA renewal good for economy and taxpayers
Roll Call
Equating terrorism risk with natural catastrophe risk ignores another key difference between the two: the human element. Natural catastrophes are fortuitous events; terrorist attacks are not. For a terrorist event to occur, a plot must be hatched and then executed by one or more individuals. The motives, targets and actions of these actors are ever-changing and their motives are frequently affected by government actions that modelers and insurers are not privy to. This factor only adds to the difficulty in modeling and pricing terrorism risk.
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Report: Credit card risk management market 2020 forecasts
PRWeb
The convenience offered by credit cards to make payments is exploited for fraudulent activities, resulting in the loss of millions of dollars every year around the world. In order to control and limit these risks and losses, a proper risk management framework is required to be established.
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Business continuity, disaster recovery among top information security priorities
Canadian Underwriter
Ernst & Young recently announced the results a survey of executives on information security in which half of the respondents said business continuity and disaster recovery will be among their top priorities over the next year.
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Catastrophe bond risk premiums, expected losses down again in Q3
Artemis
With the market heading towards a potential record for the amount of cat bond risk capital issued in 2013, one factor that has helped to drive market growth has been the reduction in cat bond pricing, as lower-cost capital takes on that risk.
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  Go Beyond with Riskonnect
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Have plans in place for 'unknown unknowns', buyers told
Supply Management
Stephen Easton, partner at A.T. Kearney, told the ProcureCon conference in Amsterdam unknown unknowns were by their nature difficult to predict but they included how laws are going to change in future, what regulations could be introduced, how global terms of trade might alter and natural disasters.
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4 areas of focus to enhance risk management capabilities
Forbes
Accenture Global Risk Management research has tracked the rising recognition for the role of risk management, accompanied by a focused effort to help improve the capabilities and connectivity of the function across the organization.

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Board members create security risks
Reuters
Just as surveys show that risk management is commanding the attention of C-suite execs and board members, a recent Thomson Reuters report says board members are themselves big risk factors.

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US employers rank stress as top workforce risk issue
Business Wire via The Wall Street Journal
Stress is the number one workforce risk issue, ranking above physical inactivity and obesity, according to the 2013/2014 Towers Watson Staying@Work Survey.

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Measuring workplace stress
Employee Benefits
The Employee Benefits Healthcare research 2013, published in June, found that 38 percent of respondents cited personal mental health issues, such as depression and anxiety, as a major cause of sickness absence, while 30 percent cited work-related mental health issues, such as stress, up from 22 percent in 2012. But while many employers collate the level of sickness absence in their organization, few measure workplace stress.
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Looking for similar articles? Search here, keyword(s): Health risks.


Emerging-market investing: Will the roller coaster ride continue?
Knowledge@Warton
Stocks in emerging markets have had a tough time this year, plunging during the first six months and leaving many investors shaken as heart-stopping drops punctuated a post-summer recovery. Some investing pros have argued the best times for emerging-market investing are over. But many experts at Wharton and elsewhere say the obituaries are premature.
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PRODUCT SHOWCASE
  ACL GRC: Governance, Risk, Compliance Simplified
GRC doesn’t have to be clunky or spreadsheet-intensive. ACL GRC offers a fresh way to help you improve the efficiency and effectiveness of GRC activities. Our cloud-based solution is simple, flexible, cost-effective and suitable for nearly any organization. Watch a quick demo video!
 


How companies respond to strategic threats in a hyper-connected world
CGMA Magazine
Technological advances, from social media to cloud computing, have spawned new potential threats to businesses worldwide — and corporate enterprise risk management has evolved to counter them, a Deloitte survey of about 300 executives or board members around the world finds.
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Facing the facts: Climate change is bad for business
De Smog Blog
As leaders of the industrialized world continue to squabble at home over how to address the threat of climate change — and even as they battle internal factions who don't believe the science of climate change — one group of leaders has come out in favor of swift, comprehensive action to prevent global catastrophe. Those leaders come from some of the largest businesses on the planet.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    US employers rank stress as top workforce risk issue
(Business Wire via The Wall Street Journal)
Using the '6 Value Medals' to identify and assess risk (By Dr. David Hillson)
Handling a reputation crisis (Forbes)
Good samaritan, bad policy? (Human Resource Executive Online)
RIMS report helps risk managers better understand reputational risks (RIMS)

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Colby Horton, Vice President of Publishing, 469.420.2601
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