CRE Risk Management
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UK exposed to millions in additional flood losses from climate change
The impact of climate change will add millions to the UK’s losses from flooding, according to a new study from…
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The Swedish Club offers cyber cover to P&I buyers
Protection and indemnity (P&I) mutual The Swedish Club will add cyber insurance to its offering to shipowner members from 1…
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EU and Canada sign disaster risk management partnership deal
The European Commission and Canada have agreed to enhance ties in civil protection and disaster risk management. During the recent…
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UK court rules human rights grounds for Niger Delta claims against Shell
Nigerian communities affected by polluted waters and land can proceed with human rights claims against oil and gas firm Shell…
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Dutch firm Rabobank fined €26.6m by EC for euro bond cartel
Dutch bank Rabobank has been fined €26.6m by the EC for participating in a cartel that fixed trading of euro-denominated…
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Risk management overload a top business risk in 2024, warns Control Risks
The never-ending spate of polycrisis and global tensions means that risk management overload has become one of the top five…
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Auditors urge companies to do more to tackle ESG supply chain risk
Businesses should do more to tackle climate hazards running through supply chains, says the Chartered Institute of Internal Auditors (CIIA).…
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Sustainability Directive big opportunity for risk managers but will require more resource, says rapporteur
The Corporate Sustainability Due Diligence Directive (CSDDD) will enable risk managers to get the attention of boards but will cost…
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Uncapped government backstop needed for ‘uninsurable’ cyber and climate risk: Geneva Association
Systemic and emerging risk is reaching the limits of insurability, in particular for climate and cyber threats, says a new…
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Interconnected regulations will raise product recall compliance risk across Europe, warns Sedgwick
Sedgwick warns that new interconnected European regulations coming down the track will complicate product recall risk and compliance. The company’s…
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European product recalls hit record high in Q3: Sedgwick
Product recalls across five key sectors in Europe hit their highest level in more than ten years during the third…
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Retailers with history of cyberattacks face lost Black Friday sales, finds QBE poll
More than half of Black Friday shoppers in the UK (54%) would avoid buying from an online retailer with a…
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Survey suggests cyber spend not keeping pace with growing threat
Large companies are failing to spend enough on cybersecurity, with average spend in the UK and US up just 3%…
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Economy, energy and weather big risks for Italian firms, finds WEF survey
Economic downturn, energy supply shortage and extreme weather events are the top three risks facing Italian companies over the next…
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Italian supervisor focuses on cyber awareness among SMEs and individuals
The Italian insurance supervisor Ivass has launched Cybersecure, its information campaign focused on cybersecurity that is designed to raise awareness…
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Italian risk managers must prepare for due diligence rules
Italy is lagging behind other leading European nations in the adoption of national laws to ensure that organisations are carrying…
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Cosimi urges companies to start treating sustainability as business enabler
The time has come for corporate sustainability to be seen as a positive business enabler rather than an issue that…
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World’s major cities lack resilience to future risks, finds Tokio Marine study
Cities across the world lack the infrastructure and environmental policies to withstand the worsening impacts of climate change and other…
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Marsh confirms Lloyd’s war risk insurance scheme for Ukraine exports
Lloyd’s underwriters have backed a new insurance scheme set up by Marsh and the Ukrainian government to provide war risk…
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UK fraud law increases corporate criminal liability
UK directors and senior managers are now subject to higher liability if they fail to prevent fraud under a new…