Ferma reiterates call for EU nat cat and cyber pools
European risk management association Ferma is calling on EU legislators to help organisations prepare for supply shocks, further explore proposals…
UK considering ransom payment ban for public sector cyberattacks
Public sector bodies and critical national infrastructure in the UK could be banned from making ransom payments to cyber hackers…
Revised Solvency II text published in Official Journal
A key directive amending Solvency II rules for Europe’s insurers and reinsurers will enter into force on 28 January 2025…
Financial firms and IT providers warned to act fast on DORA
Partners at international law firm Faegre Drinker have urged risk and compliance leaders at European financial institutions, including insurers, to…
Over half of UK businesses have faced lithium-ion battery incident
More than half of UK businesses have experienced an issue linked to lithium-ion batteries, such as sparking, fires and explosions,…
WTW launches new cyber facility in Singapore and Hong Kong
WTW has launched CyCore Asia, a new primary cyber insurance solution for businesses in Singapore and Hong. The broker said…
P&I club West acquires Nordic Marine
Protection & indemnity mutual West has announced it will fully acquire Swedish marine insurer Nordic Marine Insurance, having first bought…
Large deals return to boost M&As in 2024
The number of global merger and acquisition (M&A) deals valued at more than $100m increased by 15% last year to…