Time to take cyber risk seriously at the highest level

Time to take cyber risk seriously at the highest level

Time to take cyber risk seriously at the highest level

The first test of the security levels of networks, information systems and IT services within some 100 organisations in critical parts of the Italian economy will be rolled out in mid-June. This forms part of the National Cyber Security Perimeter initiative, which was defined in Decree No. 105, 2019. It forms part of a wider Italian and EU effort to bolster…

Travel risk centre stage as Anra helps develop new ISO standard

Travel risk centre stage as Anra helps develop new ISO standard

Travel risk centre stage as Anra helps develop new ISO standard

The Covid-19 outbreak has brought into the limelight the issue of business travel risks, a subject that was previously under the radar of Italian enterprises. The country’s economy is strongly export-oriented and this demands frequent foreign trips and stays by employees, both with commercial and technical functions. Despite this, the risks arising from business travel have not really been taken…

Italian research shows how Covid-19 has impacted the CRO role

Italian research shows how Covid-19 has impacted the CRO role

Italian research shows how Covid-19 has impacted the CRO role

How is the chief risk officer (CRO) profession evolving to face the challenges generated by the pandemic? And what is CROs’ perception of the main risks today? These are some of the questions that the new edition of consulting firm Deloitte’s CRO Programme has tried to answer. The study was born two years ago, in collaboration with the Italian risk…

Italian risk managers focus on changes to global trade terms

Italian risk managers focus on changes to global trade terms

Italian risk managers focus on changes to global trade terms

Risk and insurance managers need to take a close look at recent changes to Incoterms, the international commercial trade terms set by the International Chamber of Commerce, according to experts gathered by the Italian risk and insurance management association Anra and AXA XL for a recent webinar. Incoterms define the rights, obligations, risks and expenses related to the transfer of…

Anra survey shows Italian companies face tough renewals

Anra survey shows Italian companies face tough renewals

Anra survey shows Italian companies face tough renewals

Italian risk and insurance managers experienced a difficult insurance renewal at year-end 2020 and are bracing themselves for another difficult year in 2021, particularly in D&O, property damage and business interruption and credit insurance, according to a survey carried out by Anra, the Italian association of risk and insurance managers. The second edition of the survey carried out by Anra asked…

European countries carry higher earthquake risk in FM Global’s updated map

European countries carry higher earthquake risk in FM Global’s updated map

European countries carry higher earthquake risk in FM Global’s updated map

Several European countries now carry a higher risk of earthquake, according to the latest interactive global threat map from commercial property insurer FM Global. The Netherlands, France, Switzerland, Italy and Israel are considered to be higher-risk earthquake zones and will see more ground movement, the map shows. It feeds soil effects and building structure data into the model to identify…

Anra Congress to focus on sustainability and ERM

Anra Congress to focus on sustainability and ERM

Anra Congress to focus on sustainability and ERM

Sustainability will be the mantra of the future, the principle on which a new resilience will be developed. This is accompanied by a growing awareness that every action leads to a reaction, inside and outside organisational boundaries. For this reason, organisations of all types are now being called on to achieve sustainable development goals and it is increasingly recognised that…

The Super League: How not to manage communication and its risks!

The Super League: How not to manage communication and its risks!

The Super League: How not to manage communication and its risks!

The failed launch of the European Super League football project is a classic example of badly assessed and disastrously ineffective reputational risk management. On 19 April, 12 leading European football clubs jointly announced an agreement to form a new football competition: the Super League. The league would be governed by the founding members including six English teams – Liverpool, Manchester…

Generali Global Corporate & Commercial appoints global head of casualty underwriting

Generali Global Corporate & Commercial appoints global head of casualty underwriting

Generali Global Corporate & Commercial appoints global head of casualty underwriting

Generali Global Corporate & Commercial (Generali GC&C) has appointed Reto Arrigoni as its new global head of casualty underwriting. It has also appointed Enrico Mazza as the new head of underwriting for Italy, and Tomasz Kukuła as its head of underwriting for Austria, CEE and Russia (ACEER). Manlio Lostuzzi, CEO of Generali GC&C, said: “We are delighted to announce these…

Cosimi takes over the reins at Anra from De Felice

Cosimi takes over the reins at Anra from De Felice

Cosimi takes over the reins at Anra from De Felice

Italian risk and insurance management association Anra held its annual member Assembly yesterday and elected a new board of directors under the leadership of new president Carlo Cosimi, head of insurance and risk financing at Saipem, the Italian multinational oilfield services company. Mr Cosimi steps up from his role as Anra vice-president to replace Alessandro De Felice, chief risk officer at…

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