Tag Archives: Reputation Risk

  • -

Steel City Re Publishes Article on Reputation Risk in American Banker

Tags : 

Nir Kossovsky, CEO of AC Client Steel City Re, publishes article “Get a handle on reputation risk before it’s too late” in American Banker.

“The banking sector and its regulators have been grappling with the issue of reputation since the last economic collapse, but only recently have come to a clear understanding of what reputation means, how to assess and quantify its value and how to mitigate its risks.”

Share

  • -

Steel City Re Talks Nike’s Blowout With The Wall Street Journal

Tags : 

The CEO of AC client Steel City Re talks about how unmet expectations tangibly affect reputation.

The lasting effect on Nike will be determined by consumers and investors. Some of the indicators for the scale of the impact could be the extent of movement in equity value, credit default swap prices and bond prices over time, Mr. Kossovsky said. Nike shares fell 1% to $83.95 on Thursday.

“The bond guys, they are the most sensitive to risks,” he said. “Their risk assessment is the most accurate.” Bonds are a measure that could suggest material cash flow damage, he said.

“Cash flow risk is the end state of reputation risk,” Mr. Kossovsky said.

Share

  • -

AC Client Steel City Re Publishes Article on Preparing for the Next Recession

Tags : 

Dr. Nir Kossovsky, CEO of Steel City Re, publishes an article with Banking Exchange on how financial leaders can prepare for the next recession and mitigate reputation risk.

Share

  • -

AC Client Steel City Re Quoted In Wall Street Journal

Tags : 

CEO Nir Kossovsky of AC client Steel City Re quoted in the Wall Street Journal article What Loss of Trust Costs Companies in Dollars and Cents. Excerpt:

The focus on reputation risk is not surprising, said Nir Kossovsky, the author of “Mission: Intangible: Managing Risk and Reputation to Create Enterprise Value.”

“The rage is greater, and amplification is greater, because of social media,” said Mr. Kossovsky said, who heads Steel City Re, a reputation insurance company that has its own index that estimates the economic impact of reputation risks.

He noted that more companies are recognizing reputation risks as material and disclosing them in their financials compared to a decade ago, according to his company’s research.

Share

Archives