FORUM 2013 Global Risk Mapping - The Zurich Risk Room

33 %
67 %
Information about FORUM 2013 Global Risk Mapping - The Zurich Risk Room
Education

Published on February 18, 2014

Author: FermaForum

Source: slideshare.net

Global risk mapping The Zurich Risk Room Approach Daniel M. Radulovic Proposition Manager for the Zurich Risk Room Zurich Insurance Group, Zurich, Switzerland •8/10/2013 •1

The Zurich Risk Room Methodology Zurich’s proprietary country risk assessment tool Combines vast amounts of data Monthly data, primarily from public sources, for over 150 countries, covering 80+ individual risks, across 6 broad categories: − Business − Economic − Geopolitical − Environmental − Social − Technology With a risk correlation matrix Used to illustrate the complex interconnectivity between different types of risks and model forward looking scenarios Provides an intuitive visualization of the complex risk modeling data 8/10/2013 2

Holistic country risk mapping requires a tailored approach: A study of 3 Eastern European countries: Albania, Czech Republic, and Hungary Example #1: Country Credit Worthiness 1 1 • Typical measure, used by many corporations as a proxy for overall country risk • Primary focus: • Countries’ ability/ willingness to repay sovereign debt • Downside: • Limited in scope • Could overlook important risk exposures relevant to particular industries or individual businesses 8/10/2013 3

Holistic country risk mapping requires a tailored approach: A study of 3 Eastern European countries: Albania, Czech Republic, and Hungary Example #2: Focus on Food and Beverage industry 2 1 2 • Included additional risks such as: • Exposure to rising food prices, Exposure to rising oil prices, Burden of government regulation, Paying taxes, Employing workers, etc. 8/10/2013 4

Holistic country risk mapping requires a tailored approach: A study of 3 Eastern European countries: Albania, Czech Republic, and Hungary Example #3: Focus on Manufacturing Industry 3 1 2 3 8/10/2013 5

To learn more, download the free Zurich Risk Room mobile apps: A simplified, demo version of the full app Contains 5 predefined scenarios on: − Macroeconomic Imbalances − Political Volatility − Nat. Cat. and Disaster Management − Supply Chain Disruption − Demographic Shifts/Longevity Risk Provides the ability to model changes in individual risks to see how they impact other interconnected risks Available free of charge to the general public 8/10/2013 6

Add a comment

Related presentations

Related pages

FORUM 2013 Global Risk Mapping - The Zurich Risk Room ...

1. Global risk mapping The Zurich Risk Room Approach Daniel M. Radulovic Proposition Manager for the Zurich Risk Room Zurich Insurance ...
Read more

Global risk mapping consequences - FERMA Forum 2013

... FERMA FERMA Forum 2013 Sessions Global risk mapping consequences ... The Zurich Risk Room,, Zurich Global Corporate
Read more

It Risk Mapping | LinkedIn

It Risk Mapping. Articles, experts, jobs, and more: get all the professional insights you need on LinkedIn. Sign up Get more personalized results when you ...
Read more

Risk Engineering | Protecting your business | products and ...

My Zurich is a secure, online global risk management center ... Strategic risk. Supply Chain risk assessment and mapping; ... Zurich Risk Engineering also ...
Read more

New guide on global risks - Audit & Risk

New guide on global risks. A new report based on the World Economic Forum's Global Risk Report 2014 ... 24 December 2013 @ 09:32. IIA Global's new report ...
Read more

Daniel Radulovic - FERMA Forum 2013

... FERMA FERMA Forum 2013 ... Daniel was appointed to his current role as the Proposition Manager for the Zurich Risk Room ... Global risk mapping ...
Read more

Risk Mapping | LinkedIn

View 4105 Risk Mapping posts, presentations, experts, and more. Get the professional knowledge you need on LinkedIn.
Read more

Time to wake up to the risks of cyber crime | Articles ...

... every company needs to wake up to the risks of cyber crime, ... Zurich Risk Advisor; Zurich Risk Room; ... Mapping the risk.
Read more