RIMS Archives - CFO

Cyber-Risk Costs Resist Overall Trend

Risk Management

Cyber-Risk Costs Resist Overall Trend

Businesses' total cost of risk declined again in 2017, but cyber insurance costs moved in the opposite direction, rising 33%.

By Vincent Ryan | July 3, 2018

Risk Management Costs Dove 5% in 2016

Risk Management Costs Dove 5% in 2016

The main drivers were drops of 12% in the cost of covering property risks; 6% for workers’ compensation; and 5% for liability.

By David Katz | April 21, 2017

Cybersecurity Insurance Becoming a Must-Have

Risk Management

Cybersecurity Insurance Becoming a Must-Have

A new survey finds 80% of companies bought a stand-alone cybersecurity policy in 2016, suggesting such plans are quickly becoming the new norm.

By Sean Allocca | October 13, 2016

Companies Lag on Forecasting Critical Risks

Companies Lag on Forecasting Critical Risks

Most risk managers are using insurance claims histories to predict emerging risks.

By David Katz | April 13, 2016

CFOs Disregarding Cyber Risks

CFOs Disregarding Cyber Risks

But government surveillance and the Heartbleed security bug may finally draw their attention to data security vulnerabilities, one consultant thinks.

By David Katz | April 29, 2014

Study Shows Risk Management Boosts Corporate Valuations

Study Shows Risk Management Boosts Corporate Valuations

Companies showing "mature risk management practices" may have valuations of up to 25 percent more as a result.

By David Katz | April 29, 2014

Catastrophes Strike Terror into Risk Execs

Risk Management

Catastrophes Strike Terror into Risk Execs

The market for cat insurance coverage is “highly volatile,” expensive and meager, the leading risk management society argues.

By David Katz | July 3, 2013

Fears of Vanishing Terror Insurance Grow

Fears of Vanishing Terror Insurance Grow

Failure to re-up the federal law “will undoubtedly delay, if not scrap, major development plans, thereby jeopardizing an already fragile economic recovery,” an insurance broker testifies.

By David Katz | June 19, 2013

Marine Insurance: A Tale of Two Coverages

Marine Insurance: A Tale of Two Coverages

Climbing reinsurance rates and high expenses of removing wrecked vessels are adding to marine liability costs.

By Caroline McDonald | April 5, 2013

Buying Property Insurance in Stormy Times

Buying Property Insurance in Stormy Times

Companies with moderate catastrophe exposures could see rate hikes as high as 10%, a big brokerage predicts.

By Caroline McDonald | March 8, 2013

‘Total Cost of Risk’ Redefined

Risk Management

‘Total Cost of Risk’ Redefined

Risk managers, often seen mostly as insurance buyers, have work to do in expanding their view of risk to match those of senior executives and board members.

By Caroline McDonald | July 27, 2012

How to Gauge the Cost of Corporate Risk

How to Gauge the Cost of Corporate Risk

The rising expense of insuring property can hurt a company’s cost of capital.

By Caroline McDonald | July 5, 2012

Commercial Insurance Prices Going Up

Risk Management

Commercial Insurance Prices Going Up

Everything except D&spamp;O insurance appears to have hit bottom.

By Sarah Johnson | November 17, 2011

Very Big, Yet Hard to See

Very Big, Yet Hard to See

More companies are incorporating strategic risk management into their broader risk programs.

By Sarah Johnson | November 1, 2011