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Established 1996
Saturday 23 September 2017

BREAKING NEWS

Hurricane Maria takes aim at Puerto Rico

Hurricane Maria took direct aim at Puerto Rico on Wednesday thrashing some islands already left in ruins by Hurricane Irma, and razing areas that had previously escaped damage. According to AIR Worldwide, this is Puerto Rico’s first direct landfall from a Category 4 storm in 85 years since the notorious 1932 San Ciprian storm. Maria’s winds are causing widespread and severe damage, reportedly ripping roofs and nonstructural elements from buildings and launching debris left from Irma’s destructive rampage the week before. Maria brought a storm surge of 6 – 9 feet to Puerto Rico, and is inundating the country with between 12-18 inches of rain, with isolated amounts of up to 25 inches.

VIEW: The value of clarity in organisational resilience

As an ex-police officer, I am acutely aware of the importance of definitions in the pursuit of clarity. In law, definitions and their subsequent points to prove enable law enforcement officers to ensure that people do not get prosecuted unless their activities have met a certain criterion. Inconsistent terminology can lead to confusion, and the same is the case in organisational resilience.

Second quake in two weeks hits Mexico

The President of Mexico has declared a state of emergency following Mexico’s second quake in two weeks. In the capital Mexico City yesterday, dozens of buildings were toppled; about two million people have no electricity; telephone lines are down; gas mains may have ruptured; and at least 200 people have been killed in Mexico City and the states of Puebla, Mexico, and Morelos.

Other News Stories...

VIEW: On the widening array of risks faced across the public sector

The public sector continues to go through organisational change programmes in order to meet significant saving targets due to loss of external funding and budget reductions whilst delivering services more efficient and effectively – all this against a backdrop of ever-changing risk dynamics.

BOOK: Conduct Risk Management, by Roger Miles

Practitioners often find themselves at a loss when it comes to dealing with conduct risk. Nonetheless, history has shown that it is an important topic to get to grips with. And with that, here is an engaging guide to understanding how regulators think and getting ahead of the elusive issue of conduct risk.

Hurricane Irma devastates Caribbean, heads to Florida

Hurricane Irma, one of the most powerful Atlantic tropical cyclones on record, has devastated a string of Caribbean islands and is currently impacting the Dominican Republic and Haiti, and is forecast to turn northward on Saturday towards Florida. Cat modellers at AIR have said that by every measure, the cat 5 hurricane is a huge and powerful storm system; its 300-mile diameter is twice as wide as Florida and is roughly equivalent to the area of the state.

Beleaguered Uber loses London licence due to CSR concerns

Uber’s application for a new licence in London has been rejected by Transport for London. TfL said that the renewal was not forthcoming because it had concerns over the taxi firm's lack of effective corporate responsibility. This is linked issues of the reporting serious criminal offences and driver background checks. Furthermore the software that Uber uses can be used to prevent regulatory bodies from seeing information.

Power transmission and distribution risk
Description
Mark Evans talks to Barry Menzies, head of MIDEL ester-based dielectric fluids, at specialist manufacturer M&I Materials, to discover how ester fluids can help reduce the risks associated with transformer applications.
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Power transmission and distribution risk
Description
Mark Evans talks to Barry Menzies, head of MIDEL ester-based dielectric fluids, at specialist manufacturer M&I Materials, to discover how ester fluids can help reduce the risks associated with transformer applications.
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Industry News
Deborah Ritchie provides a summary of some of the latest stories in business risk, insurance and resilience
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