CRE Risk Management
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German insurers demand clarity on DORA
The German insurance association (GDV) has called for more clarity over the EU’s Digital Operational Resilience Act (DORA), which must…
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Europe plans cyber threat alert for health sector by 2026
Europe has unveiled plans for an EU-wide cybersecurity centre specifically for hospitals and the healthcare sector, one of the most…
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Europe has weakest growth outlook for third consecutive year: WEF
More than half (56%) of the world’s leading chief economists expect the global economy to weaken in 2025, while just…
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Decade of interconnected crises ahead, warns WEF
Extreme weather events and geopolitical instability top the risks of most concern in this year’s World Economic Forum (WEF) Global…
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PFAS study puts costs of clean-up in Europe at €2trn
The cost of cleaning up PFAS contamination in Europe has been calculated as at least €95bn over 20 years, according…
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Climate change hits record high in Allianz Barometer but cyber risk retains top spot
Cyber, business interruption (BI) and nat cats remain the three most-feared global business risks in the latest Allianz Barometer, but…
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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…
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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…
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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…
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French firms concerned about political and financial instability, says Amrae president
Companies in France are worried about political and financial turmoil in the country, which could ultimately see insurance budgets cut,…
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Amrae wants changes to nat cat regime and the CSDDD
French risk management association Amrae is kicking off 2025 with a focus on climate risks and the growing regulatory burden…
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UK financial regulator concedes some rules ‘overdone’ and ‘complex’
UK regulator the Prudential Regulation Authority (PRA) said financial sector rules have been “overdone” and that it could be ready…
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German insurers face €5.5bn nat cat bill for 2024: GDV
Insured losses for natural catastrophe losses in Germany totalled €5.5bn in 2024, €100m lower than 2023 but still well above…
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Aon’s NFP acquires Irish HR services firm
Aon subsidiary NFP has acquired Irish HR services firm The HR Suite, in a move that the international brokerage and…
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European investors focus on due diligence risk despite delay to deforestation regulation
The EU deforestation regulation (EUDR) may have been delayed for a year, much to the relief of many embattled risk…
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Aon teams with Moody’s to boost clients’ credit risk management
Aon said a new collaboration with rating agency Moody’s will help its clients address their credit risk management challenges. Under…
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Risk management controls not hindering commercial activity, say the Swiss
Swiss risk managers do not think their profession needs to reduce controls, which in most cases are vital to ensuring…
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Finland seeks seizure of electric cable-cutting Russian tanker
Fingrid, the operator of Finland’s national grid, has applied to the Helsinki District Court to seize control of the Russian…
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Short-term economic risks hindering risk managers’ strategies
Companies face the threat of having their long-term risk management ambitions hampered by their senior executives' focus on short-term economic…
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ECJ rules suppliers are liable for defective products
The EU Court of Justice (ECJ) has ruled in a case against Ford Italia that suppliers of defective products can…