Holiday illness claims – the Spanish viewpoint

Holiday illness claims – the Spanish viewpoint

Holiday illness claims – the Spanish viewpoint

As recently reported in Commercial Risk Europe, the epidemic of holiday illness claims, predominantly being brought by British tourists against UK-based tour operators while holidaying in all-inclusive accommodation in Spain, has caused considerable problems for the Spanish tourist industry. The origins of this new risk appear to be in the activities of enterprising claims management companies. They are targeting tourists,…

Asia’s first Apology Bill passed

Asia’s first Apology Bill passed

Asia’s first Apology Bill passed

Hong Kong has become the first jurisdiction in Asia to enact apology legislation. The Hong Kong Legislative Council (LegCo) passed the Apology Bill on 13 July – a development with potentially far-reaching consequences for anyone involved in the management of risk or insurance, as well as those who may find themselves in litigation or resolving disputes in Hong Kong. The…

Turning the tide on holiday illness claims

Turning the tide on holiday illness claims

Turning the tide on holiday illness claims

Risk managers and their insurers are always on the watch for the next big trend. The recent eye-watering increase in the number of UK claims for holiday illness – targeted at tour operators, hotels and their insurers – are a salutary tale of how a sudden rise in claims can impact a sector and push premiums up. As this trend…

Common law liabilities for pollution in the UK

Common law liabilities for pollution in the UK

Common law liabilities for pollution in the UK

Anyone familiar with environmental liability will understand how heavily laden the subject is with regulation. Amid the excitement of the UK’s Environmental Protection Act and EU Environmental Liability Directive, it is too easy to neglect the study of a landowner’s duties at common law. Such duties may arise in negligence, for breach of statutory duty, in nuisance or under the…

An introduction to China’s new cyber security law

An introduction to China’s new cyber security law

An introduction to China’s new cyber security law

On 7 November 2016, the Cybersecurity Law of the People’s Republic of China was enacted and widely heralded as the first comprehensive law dealing specifically and exclusively with cybersecurity issues in China. The law, which will take effect from 1 June 2017, was passed to promote two key objectives: 1) protect the state against cybersecurity attacks; and 2) protect the…

Advertorial: What’s a steering wheel?

Advertorial: What’s a steering wheel?

Advertorial: What’s a steering wheel?

In the past few months: a self-driving pod developed by Oxbotica made its debut in Milton Keynes, England; a self-driving truck delivered a load of beer in Colorado; autonomous buses took to the streets in several cities including Lyon in France, Sion in Switzerland and Dubai; and self-driving taxis were introduced in Singapore. For many people, seeing or riding in…

Cyber preparedness and response

Cyber preparedness and response

Cyber preparedness and response

Cyber is a word you no doubt read every day, such is the concern around the ever-growing and evolving problem of cyber security. The UK government’s annual Information Security Breaches Survey for 2016 states that 65% of large firms detected a cyber security breach or attack in the past year, with 25% of these experiencing a breach at least once…

United Airlines reels from reputation hit

United Airlines reels from reputation hit

United Airlines reels from reputation hit

If the future of United Airlines’ chief executive, Oscar Munoz, is not yet decided, his company’s name seems destined to enter the enterprise risk specialist’s hall of infamy. The airline’s reputation, and share price, has been roundly trashed since an innocent passenger, Dr David Dao, was filmed being dragged off an overbooked flight by security at Chicago O’Hare airport. The…

The launch of the Risk Frontiers Asia 2017 survey

The launch of the Risk Frontiers Asia 2017 survey

The launch of the Risk Frontiers Asia 2017 survey

In 2016 we launched the inaugural Risk Frontiers Asia Survey. During the course of the year we interviewed more than 50 risk managers across the region and in a variety of industry sectors. We asked them for their views on risk management and insurance – from the top three risks that keep them awake at night to the one insurance…

Corporate whistleblowers call for protection and compensation

Corporate whistleblowers call for protection and compensation

Corporate whistleblowers call for protection and compensation

Protection for corporate whistleblowers is on the increase. For example, China and India have recently followed the US lead in enacting legislation. Despite enhanced rewards and protections, whistleblowing laws also pose significant risks and corporates, their risk managers and their insurers will need to be aware of the changing legal landscape in all of the territories where they operate. In…