UK terror attack shows worrying sophistication, but risk level unchanged: analysts

UK terror attack shows worrying sophistication, but risk level unchanged: analysts

UK terror attack shows worrying sophistication, but risk level unchanged: analysts

Police investigations into Monday’s terrorist attack in Manchester are revealing a worrying level of sophistication, but analysts see little change in the underlying risk. Following the attack at the Manchester Arena, in which 22 people died and more than 60 were injured, details of a relatively sophisticated attack have emerged. On Tuesday, the UK Home Secretary, Amber Rudd, said it…

UK raises terror threat to critical

UK raises terror threat to critical

UK raises terror threat to critical

The UK government has raised the terror threat level from severe to critical, which is the highest of five possible categories and suggests another terrorist attack is expected imminently. The last time the threat level was critical was in 2007, after a terrorist attack at Glasgow airport. The change in the threat level came 24 hours after Monday night’s devastating…

Modern slavery referrals rise in UK supply chains

Modern slavery referrals rise in UK supply chains

Modern slavery referrals rise in UK supply chains

UK companies must do more to ensure their supply chains do not support labour exploitation, said Kroll, after it found that the number of referrals for victims of labour exploitation among UK firms increased by 33% to 1,575 in 2016. The majority of potential victims of labour exploitation in UK supply chains were from Vietnam, where more than 300 cases…

Long commutes risk employee health, finds study

Long commutes risk employee health, finds study

Long commutes risk employee health, finds study

Employees that have a short commute to work of less than half an hour are more productive than colleagues who commute for more than an hour, according to the Britain’s Healthiest Workplace study of 34,000 workers in the UK, by VitalityHealth in partnership with the University of Cambridge, RAND Europe and Mercer. The study also shows that flexible work patterns…

Survey finds UK multinationals surprisingly confident in risky environment

Survey finds UK multinationals surprisingly confident in risky environment

Survey finds UK multinationals surprisingly confident in risky environment

Despite the majority feeling they are operating in a moderate to severe risk environment, UK multinationals are surprisingly confident about their current prospects as they appear acclimatised to uncertainty and are increasingly agile, finds a survey by CNA Hardy. The business confidence and risk perceptions survey of 500 business leaders and risk managers at UK companies with turnover from £5m…

Mass casualties from suspected terror attack in Manchester

Mass casualties from suspected terror attack in Manchester

Mass casualties from suspected terror attack in Manchester

At least 22 people were killed in a suspected terrorist attack in Manchester, England, last night. The explosion, which injured 59 people, targeted a concert by US singer Ariana Grande at the Manchester Arena. Many children are believed to have been killed. No terrorist group has yet claimed responsibility, but police and the government said they are working on that…

Liberty chooses Luxembourg as post-Brexit EU base: reports

Liberty chooses Luxembourg as post-Brexit EU base: reports

Liberty chooses Luxembourg as post-Brexit EU base: reports

Luxembourg could be set to welcome yet another London market insurer looking for a post-Brexit European home, if media reports prove accurate. According to the Insurance Insider news website, which broke the story, Liberty Specialty Markets has selected the European principality as the domicile for an EU subsidiary. Liberty itself is not ready to confirm the move but issued a…

Fenchurch Law appoints new associate

Fenchurch Law appoints new associate

Fenchurch Law appoints new associate

UK firm Fenchurch Law, which specialises in complex insurance disputes and works solely for insureds, has appointed Alex Rosenfield as an associate in its professions team. Fenchurch Law said Mr Rosenfield brings experience of property damage, business interruption and professional indemnity claims for professional clients including accountants, solicitors, IFAs and surveyors caught up in claims disputes. Mr Rosenfield joins Fenchurch…

Markel chooses Germany for post Brexit subsidiary

Markel chooses Germany for post Brexit subsidiary

Markel chooses Germany for post Brexit subsidiary

Markel Corporation announced this morning that it will establish a new German insurance company in direct response to the UK’s decision to exit the European Union and ensure it can continue to serve European clients post Brexit. The insurer said it has already spoken to the German financial regulator BaFin and will now apply for regulatory approval. Markel International writes…

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