This brings an ever larger disconnect between material risk and asset valuation.
Fitch said there was "material risk to the success of the restructuring".
We do not believe there is material risk of Vodafone embarking on aggressive footprint expansion.
With "no real way to confirm those valuations, fraud presents a material risk," the report said.
"Without being able to control pricing this puts a material risk on the Morrisons brand and the risk of Amazon undercutting Morrisons' offer," he said.
As its impact becomes more commonplace and public policy responses more active, climate change has become a material risk that isn't properly disclosed".
Espirito Santo analyst David Brockton said: An FSA investigation brings HomeServe further material risk of reputational damage and a lengthier than expected review process.
"What was an existential risk to the insurance sector is now, at the least, a material risk for the financial wellbeing of the wider economy," Douglas said.
Due to the losses alone the net asset value is falling steeply and there is still material risk of further write downs.
("Climate change [is] a material risk to capitalization and share value," Mark Kenber, the C.E.O. of the Climate Group, told me).
