Pryce warns of ‘unfathomable chaos’ if LEG 3 is not upgraded
Leading construction insurance lawyer David Pryce, senior partner at Fenchurch Law, has proposed how the existing London Engineering Group (LEG)…
Milton insured losses could hit $50bn: Fitch
Hurricane Milton could cost the insurance industry an estimated $30bn to $50bn, and likely limit the potential for property catastrophe…
S&P upgrades FM Global’s financial strength rating
Commercial property insurer FM Global’s financial strength rating has been upgraded to AA- from A+ by S&P Global Ratings. The…
One in three employees do not report misconduct
More employees in a global survey admit to being aware of workplace misconduct in the past year at 25%, compared…
Europe moves ahead with cybersecurity rules for IoT products
Europe’s Cyber Resilience Act (CRA) was adopted by the Council of the European Union yesterday, imposing cybersecurity requirements for digital…
Europe’s new product liability directive wins Council approval
Europe’s new product liability rules will become live for manufacturers and retailers in two years’ time after the Council of…
Cyber claims severity up 14% in H1, says Coalition
Cyber liability claims severity rose in the first half of this year, with business email compromises the leading source of…
Kroll and Cytora partner for digital underwriting service
Risk advisory firm Kroll has teamed up with digital risk platform Cytora to deliver a real-time risk data service. The…
