A twist on risk appetite
The standard definition of risk appetite is “the amount of risk you are willing to take in the pursuit of objectives”.
safety risk
Silos are thriving even in ERM programs
You are the captain of a ship that is sailing from Singapore to Auckland with a cargo that needs to be kept cold and will lose its freshness if you don’t arrive within a few days of your schedule.
When liability waivers are upheld
This case illustrates that waivers can be a complete bar to the right to sue and that participants being provided a waiver have the option to opt out of the activity if they are not comfortable with solely bearing the risk associated with it.
