CRE Legal Regulation
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December 22, 2022
Time to get back on the front foot
This has been quite a year for the European and global risk and insurance management community, and I am sure…
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December 21, 2022
Finland adopts whistleblowing law and Germany likely to follow
The European Commission’s infringement proceedings brought against more than half of member states for failing to implement its Whistleblowing Directive…
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December 21, 2022
Pool Re welcomes UK government plans for anti-terror security law in 2023
UK terrorism reinsurer Pool Re said it will help businesses prepare for the introduction of new legislation under the Protect…
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December 20, 2022
CISOs must face up to ‘daunting challenges’ in 2023, warns cyber expert
Chief information security officers (CISOs) will face “daunting challenges” next year amidst global economic uncertainty and comprehensive new cybersecurity legislation…
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December 20, 2022
EC accuses Meta of abusing market position in breach of antitrust rules
The EC has informed Meta, the owner of Facebook, Instagram and WhatsApp, of its preliminary view that the company breached…
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December 20, 2022
TSB fined £48.65m for risk management failings that led to IT problems
TSB Bank has been fined £48.65m by UK regulators for operational risk management and governance failures that resulted in serious…
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December 19, 2022
Zurich keeping ‘close eye’ on potential US-style social inflation in Europe
Zurich is keeping a “close eye” on the litigation landscape in Europe as we head towards the introduction of the…
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December 19, 2022
UK commits to anti-terror security law for public places
New anti-terrorist legislation that will require venues and local authorities to assess and mitigate terrorism risk will be published by…
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December 19, 2022
ECJ GDPR rulings could open cyber litigation ‘floodgates’ as more companies turn to cell captives, predicts Clyde
Clyde & Co believes 2023 will be a decisive year for data breach litigation in the EU, and decisions by…
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December 19, 2022
Buyer-side Fenchurch Law bolsters disputes team
Buyer-side representative Fenchurch Law has expanded its insurance disputes team with three new hires. The UK firm, which works exclusively…
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December 16, 2022
Bayer settles Monsanto environmental damage claim with Oregon for $698m
German pharmaceutical firm Bayer has agreed to pay $698m to settle historic pollution allegations against its subsidiary Monsanto by the…
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December 16, 2022
AM Best upgrades HDI’s credit ratings
AM Best has upgraded the credit ratings of HDI and its rated subsidiaries on the back of “very strong” balance…
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December 15, 2022
AM Best revises French cat reinsurer outlook to negative
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (ICR) and affirmed the Financial…
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December 14, 2022
European business group calls for ‘game-changing’ EU solution to energy crisis
BusinessEurope, the confederation of some 40 European business organisations, remains “unconvinced” that the EU-wide emergency measures to rapidly lower energy…
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December 14, 2022
European business demands ‘regulatory breathing space’ from EU
European companies urgently need regulatory breathing space as they face up to a fast-rising raft of global competitive pressures, according…
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December 14, 2022
New Product Liability Directive extends liability for EU firms and importers
The planned new EU Product Liability Directive (PLD) is badly needed because the current version is seriously out of date…
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December 14, 2022
Risk managers face growing ESG risks
The interconnectivity of ESG risks is creating new challenges that risk managers and their organisations cannot afford to ignore. ESG…
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December 14, 2022
Conflict on the rise over EU’s focus on the ‘S’ in ESG
Brussels-based European business confederation BusinessEurope is “deeply concerned” about what it describes as the “overly detailed and prescriptive” requirements that…
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December 14, 2022
ESG-related litigation on the rise in Europe
Corporate Europe has been far more successful in its efforts to resist the kind of litigation persistently faced by its…
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December 13, 2022
Dutch carriers want to be removed from AI Act high-risk list
The Dutch insurance association has joined Insurance Europe in voicing its dismay at the sudden and unexplained decision by the…