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Test Your Knowledge
Test Your Knowledge
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1
The estimated economic loss from an ice storm in Ontario, Quebec, and New Brunswick (Canada) in March 2016 is
>$100 million (US)
$50 million (US)
$1 million (US)
$10 million (US)
2
Which of the following resulted in the largest insured loss prior to 2017?
Hurricane Sandy US, Canada, Caribbean (Oct 2012)
Hurricane Katrina US, Gulf of Mexico (August 2005)
9/11 Attacks on the World Trade Centre (US)
March 2011 Japan Earthquake/Tsunami
3
In Europe, which sector was hit the hardest (economically) from COVID-19?
Electronics Sector
Education Sector
Construction Sector
Digital Sector
4
Following COVID, what was the top action taken in 2021 to increase supply chain resiliency?
Nearshoring production
Expanding back-up production sites
Increasing inventory of critical products
Dual sourcing of raw materials
5
What was the top global business risk identified by risk management experts for 2025?
Political risks/violence
Macroeconomic developments (i.e. inflation)
Cybercrime
Business/Supply chain disruptions
6
As of March 19/22, how many deaths due to COVID-19 had Canada reported?
141,085
37,208
114,221
998,502
7
What is the current estimated economic impact of COVID-19 on the global economy? (2 year forecast - United Nations)
$8.5 trillion (US dollars)
$85 billion (US dollars)
$85 million (US dollars)
$8.5 billion (US dollars)
8
Which of the following has caused the most deaths in Europe from 1998 to 2009?
Industrial accidents
Earthquakes
Heat Waves
Floods
9
What was the death toll from the heatwaves in Europe in 2022?
5,000
<2,000
20,000
10,000
10
Year to year, how much has weekly merchant traffic through the Suez Canal dropped in 2024? (Third Quarter Data - IMF)
31-50%
<10%
10-30%
>50%
11
Which of the following was the costliest insurance loss from natural catastrophes in 2024?
Flash Foods - Spain October 2024
Typhoon Yagi - Philippines, South China, Vietnam - September 2024
Hurricane Helene - USA - September 2024
Noto Peninsula Earthquake - Japan - January 2024
12
Which of the following events claimed the most victims in 2024?
Hurricane Helene - USA
Noto Peninsula Earthquake - Japan
Typhoon Yagi - Philippines, South China, Vietnam
Flash Floods - Spain
13
Which of the following business risks is most likely to have a documented response plan?
Data/information tampering
Workplace violence
Labour unrest (strikes)
Political or social unrest
14
What was the top supply chain disruption in 2015?
Extreme winter weather in the USA
Tianjin Port explosion (China)
Flooding in Chennai, India
Panama Canal congestion
15
After the 9/11 attack, when did the US Financial Markets reopen?
September 17
September 30
September 12
September 20
16
How long were United Kingdom flights grounded for after the eruption of Eyjafjallajokull?
3 days
14 days
5 days
1 day
17
What is the main cause of economic loss after a cyber incident?
Liability claims
Reputational loss
Human resources
Business interruption
18
In 2017 Target data breach affected 70m customers. What were the estimated direct costs of this attack?
$290 million
$2.9 million
$29 million
$290,000
19
What was the estimated economic cost to the European economy of the Eyjafjallajokull eruption?
$1 billion (US)
$10 billion (US)
$5 billion (US)
$1 million (US)
20
What is the top predicted risk to supply chains in 2025? (Everstream)
Extreme Weather
Geopolitical Instability
Critical Resource Shortages
Cybercrime
21
What was the estimated cost of the Maersk cyber attack?
$300 million
$3 billion
$3 million
$30 million
22
What was the costliest natural disaster in Canada in 2024?
Hurricane Debby - Quebec
Toronto Flooding - July - Ontario
Jasper Wildfire - July - Alberta
Calgary Hailstorms - August - Alberta
