The real risks of 5G

The real risks of 5G

The real risks of 5G

Fifth-generation (5G) wireless technology promises to revolutionise communication and data transmission globally, heralding a new age of connectivity. Recently, circulating conspiracy theories regarding 5G and coronavirus have seen masts attacked and a backlash across social media. Although there is no credence to this fake news, there do appear to be some legitimate concerns with this developing technology, driving changes in…

UK court issues warning on human rights violations in Sierra Leone

UK court issues warning on human rights violations in Sierra Leone

UK court issues warning on human rights violations in Sierra Leone

Risk managers are advised to take a cautious approach as the UK Court of Appeal decision in the African Minerals case serves as a warning to companies engaging third parties when operating abroad, particularly in countries with poor human rights records. It also highlights the trend (on which we have reported before) for such cases to be brought before the…

Covid-19 in South Africa: Temporary moratorium on the issuance of new insurance licences

Covid-19 in South Africa: Temporary moratorium on the issuance of new insurance licences

Covid-19 in South Africa: Temporary moratorium on the issuance of new insurance licences

Insurers will not be able to apply for new licences in South Africa as the regulator suspends granting new licences as the Covid-19 pandemic unfolds. On 10 June 2020, the Prudential Authority published Communication 1 of 2020, wherein the Prudential Authority has stated it is imposing a temporary moratorium on the issuance of new licences for a period of six…

Novel coronavirus outbreak: implications for international trade and shipping

Novel coronavirus outbreak: implications for international trade and shipping

Novel coronavirus outbreak: implications for international trade and shipping

The recent outbreak of a novel coronavirus in Wuhan, China has received worldwide attention and is increasingly putting a strain on businesses. On 30 January 2020, the World Health Organization declared the outbreak a Public Health Emergency of International Concern. The outbreak of any virulent disease presents the trading and shipping industries with various challenges, as was the case with…

Aviation risk managers need to consider coronavirus impact on sector

Aviation risk managers need to consider coronavirus impact on sector

Aviation risk managers need to consider coronavirus impact on sector

In 1996, a 32-year-old woman died of a drug-resistant strain of tuberculosis after flying with a US carrier from Chicago to Hawaii. The Centre for Disease Control traced all 249 passengers and found that six of them, some as far as 13 rows behind the woman, had caught the pathogenic bacterium that causes tuberculosis. As a result of this incident,…

Time for a pick-me-up

Time for a pick-me-up

Time for a pick-me-up

The past few months have brought a sort of weariness. People across the world are reporting feeling overworked and stressed, tired of politics, tired of endless rules and tired of fighting merely to stand still. A depressing thought perhaps, but the challenge for risk managers is what threat that might pose to the business. For example, Chris Palm talks in…

Could the US opioid epidemic be contagious?

Could the US opioid epidemic be contagious?

Could the US opioid epidemic be contagious?

The US is in the middle of an opioid epidemic, causing an estimated $504bn of economic damage and resulting in countless deaths. Risk managers in the pharma sector should be watching carefully as remedial action is being taken to address the health effects of this national crisis, and as enforcement and litigation is also beginning to ramp up. While the…

Will diesel emissions fuel a rise in personal injury claims?

Will diesel emissions fuel a rise in personal injury claims?

Will diesel emissions fuel a rise in personal injury claims?

Evidence of the harmful effects of diesel emissions is growing, resulting in it being likened to another toxic ‘timebomb’. These developments are likely to require corporates and their insurers to reconsider their approach to this developing risk. A new inquest into the passing of a child who died from asthma was recently ordered, following evidence that the death may be…

Don’t let the bed bugs bite!

Don’t let the bed bugs bite!

Don’t let the bed bugs bite!

Bed bugs have been around since the dawn of time; originally, they were using bats as hosts and began feeding on humans while we were still living in caves. They were a common sight in the pre-insecticide era, where it is estimated they were resident in 30% of households. Recent years have seen species migrating northwards as temperatures increase. While…

Automation and digitalisation in shipping: a lack of standardisation and regulation?

Automation and digitalisation in shipping: a lack of standardisation and regulation?

Automation and digitalisation in shipping: a lack of standardisation and regulation?

The shipping industry has recently seen a large number of exciting and futuristic proposals for automated and digital innovations. The intention is to increase efficiency, reduce costs, save time and promote safety at sea. The increasing number of automation and digitalisation solutions should lead to a corresponding increase in standardisation and regulation. However, this will take some time to achieve…

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