Un test per definire la cyber security in Italia

Un test per definire la cyber security in Italia

Un test per definire la cyber security in Italia

La cyber security in Italia sta facendo un importante passo in avanti e il mese di giugno segnerà una tappa fondamentale. Dal 23 giugno parte infatti il primo test sui livelli di sicurezza delle reti, dei sistemi informativi e dei servizi informatici delle organizzazioni strategiche per il paese, un primo passo per definire dei modelli che coinvolgeranno in un secondo…

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…

AIG chooses IPO over private bids for life spinoff

AIG chooses IPO over private bids for life spinoff

AIG chooses IPO over private bids for life spinoff

AIG has said it will launch an IPO to sell a 19.9% stake in its life unit as part of its plan to split the group into separate life and P&C businesses, rather than sell the stake to potential bidders. Speaking to analysts following its Q1 2021 results announcement, new CEO Peter Zaffino said AIG had considered interest from other…

Eiopa chooses 44 insurers for Covid-19 stress test

Eiopa chooses 44 insurers for Covid-19 stress test

Eiopa chooses 44 insurers for Covid-19 stress test

Regulators will stress test Europe’s insurers and reinsurers to measure the impact of a prolonged Covid-19 scenario and a lower-for-longer interest rate environment on their capital and liquidity. The European Insurance and Occupational Pensions Authority (Eiopa) said the exercise, to be carried out by 44 selected insurers, will “shed light on the resilience of the European insurance sector”, with the…

Businesses changed RM course after pandemic exposed new risks, finds MetricStream survey

Businesses changed RM course after pandemic exposed new risks, finds MetricStream survey

Businesses changed RM course after pandemic exposed new risks, finds MetricStream survey

Almost 58% of risk managers changed their risk management approach to better align to the change in operating conditions post-Covid-19, and incorporate new risks from greater digitalisation, remote working and regulation, according to a new report by MetricStream. However, it further found that more than half of the firms that already used integrated risk management (IRM) approaches did not need…

Italy to roll out national cybersecurity programme in June

Italy to roll out national cybersecurity programme in June

Italy to roll out national cybersecurity programme in June

Cybersecurity in Italy has been making big strides forward and the month of June will mark a milestone. The first test on the security levels of networks, information systems and IT services of strategic organisations for the country will go live, commencing on 23 June. This is the first step to define and test models that will later be rolled out…

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…