Finance Archives – Steel City Re

April 27, 2024

CFOs, CLOs, CMOs, Commercial Services, D&Os, Finance, Governance, Industrials & Technology, Parametric ESG insurance, Parametric Reputation Insurance, Video Commentary

5-Minute Adventures in Risk & Resilience. Southwest Airlines’ reputation crisis helps a risk executive persuade leadership to invest in value-enhancing mission-critical risk management services.

January 23, 2024

CMOs, D&Os, ESG/Social Responsibility, Finance, Governance, Parametric Reputation Insurance

$5 trillion worth of shareholder votes want more ERM this year. The investment stewardship team at Blackrock, the world’s largest asset manager, will put “increased focus on how companies are strengthening financial resilience.” It is a is a challenge Steel City Re has been anticipating since 2007.

November 7, 2023

CLOs, CMOs, ESG/Social Responsibility, Finance, Governance

Reputational risk from $1.5 Trillion ESG debt. Bankers servicing one of the world’s biggest ESG debt markets are now actively seeking legal protections to guard against the potential greenwashing allegations that may be ahead. […] Lawyers advising SLL bankers say the reputational risks associated with mislabeling such products are now too big to ignore.

October 11, 2023

Captives, CFOs, CLOs, CMOs, Commercial Services, Communications (Corp) & Media, Consumer Goods & Services, D&Os, Education, Energy & Mining, ESG/Social Responsibility, Ethics, Finance, Food, Geopolitics, Governance, Health, Innovation, Legal, Parametric ESG insurance, Parametric Reputation Insurance, Personal Cost, Quality, Safety, Security, Transportation, Utilities

Steel City Re Intelligence Unit Briefing: What derailed the ESG movement & what boards expect from risk management in the aftermath.

Steel City Re CEO and former Los Angeles County deputy coroner on what derailed the ESG movement & what boards expect from risk management in the aftermath.

September 26, 2023

CFOs, CLOs, CMOs, Commercial Services, Communications (Corp) & Media, Consumer Goods & Services, D&Os, Education, Energy & Mining, Finance, Food, Governance, Health, Innovation, Parametric ESG insurance, Parametric Reputation Insurance, Transportation, Utilities

In a world of polycrisis, […] risk managers need to… market the elevated quality of their risk management processes. The author thanks for their contributions to this article:
Courtney Davis Curtis, University of Chicago; Deyna Feng, Cummins, Inc.; Mary C. Friedl, Redbox; Kathleen A. Graham, The HQ Companies; Chris Hammond, Stepan; Enya He, Blu Clarity PBC; Carnell R. Jones, Trinitas Ventures; Christy Kaufman, Zillow Group; John C. Kline, Discover Financial Services; Manuel Padilla, MacAndrews & Forbes Incorporated; Soubhagya Parija, FirstEnergy and New York Power Authority; Kristen Peed, CBIZ; Theresa Severson, Kite Realty Group; Seung Yoo, Regal Rexnord Corporation; and Denise Williamee, Steel City Re.

September 6, 2023

Captives, Commercial Services, Communications (Corp) & Media, Consumer Goods & Services, Education, Energy & Mining, ESG/Social Responsibility, Ethics, Finance, Food, Geopolitics, Governance, Health, Legal, Personal Cost, Transportation, Utilities

We help risk managers manage risk and add value across Boardrooms, C-Suites, and operational silos through reputation resilience.

September 3, 2023

Communications (Corp) & Media, Finance, Parametric Reputation Insurance

Banking crisis drags on reputations. The industry saw its biggest decline in sentiment since 2018, according to American Banker's annual reputation survey, with regional banks accounting for the bulk of this deterioration.

The industry saw its biggest decline in sentiment since 2018, according to American Banker’s annual reputation survey, with regional banks accounting for the bulk of this deterioration. […] the findings were a “powerful” showcase of how vulnerable banks’ reputations are to periods of crisis.

July 18, 2023

CMOs, Communications (Corp) & Media, Consumer Goods & Services, ESG/Social Responsibility, Finance, Parametric Reputation Insurance

ESG risk is one of a growing number of stakeholder-centric issues falling under the greater rubric of reputation risk. High-profile, costly risk management failures at AB InBev (Bud Light), Southwest Airlines and Silicon Valley Bank indicate that it is time for risk management to be more fully integrated into corporate processes, like marketing: #letriskmanagersmanagerisk! Reputation risk management needs to be a standard area of enterprise risk management responsibility. Can we drink to that?

July 12, 2023

Consumer Goods & Services, Finance, Governance, Parametric Reputation Insurance

As ESG joins CSR in obscurity, regulators enter their 25th year more committed to supervising reputation risk management…See ABA Risk and Compliance below.

June 19, 2023

CLOs, Finance, Governance, Parametric ESG insurance

Data-driven independent intelligence. Among the lessons we should learn about reputation risk from Silicon Valley Bank, Signature Bank, Credit Suisse and others is that directors need better, more objective information about what stakeholders expect: the source of reputation value.

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