Risk Management
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J&J and distributors settle opioid action for $26bn
Four US pharmaceutical companies have agreed a $26bn payment to settle almost 4,000 claims that they have driven an opioid…
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Insurers’ ESG agenda a growing factor in buying decisions
Sustainability is becoming a bigger and bigger topic for risk managers, particularly in Europe, who are increasingly factoring ESG behavior…
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New executive risk director for First City Monument Bank
Oluwatoyin Olaiya has been appointed as executive director, risk and compliance of First City Monument Bank Limited (FCMB), the banking…
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Airmic appoints Claire Combes as next chair
UK risk management association Airmic has named Claire Combes as its next chair when Tracey Skinner steps down from the…
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Italy plans new certification to protect the environment
The Environment Pool, part of the Italian Consortium for Insurance and Reinsurance of Liability for Damage to the Environment, has…
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Risk management boosted by the pandemic?
Nordic risk managers taking part in our Risk Frontiers Europe survey are divided on whether risk management has been boosted…
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Insolvencies to rise but Covid-19 armageddon in Europe likely avoided
Insolvencies of so-called ‘zombie’ companies kept afloat by government pandemic measures are still set to rise later this year and…
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Europe sees 71% rise in civil unrest protests over past decade, finds Chaucer
Europe recorded a 71% rise in large protests during the past ten years, spurred by the global financial crisis, with…
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Buyers push back on marine rate increases in 2021
Marine rates have continued to harden in the first half of 2021, although hull and machinery underwriters seeking rises of…
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Financial services target data automation to reduce regulatory and fraud risk
Almost half of financial services companies want to automate data reconciliation to mitigate the regulatory risk caused by manual mistakes,…
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New risks mounting from pandemic fallout, warn French risk managers
The pandemic’s impact is beginning to spin off into new areas of risk, warned a group of French risk managers…
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Demand for risk management software rises but buyers want more innovation, finds AMRAE
Demand for risk management software is on the rise but the majority of users believe it lacks innovation to help…
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Google fined €500m over French news copyright infringement
France has fined Google €500m for failing to comply with an agreement last year on copyright with news publishers. French…
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Dutch insurers must brace for post-pandemic claims
A leading Dutch insurance lawyer has predicted rising D&O and employers liability claims as the Netherlands government withdraws its range of Covid-19…
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Kaseya may signal worrying new phase in cyberattacks
The recent Kaseya ransomware attack could signal the start of a new wave of larger, more sophisticated cyberattacks, according to…
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UK’s finance sector sees spike in ESG roles
The number of senior-level ESG jobs within the UK’s financial services sector has grown by more than 50% in the…
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UK businesses urged to work with EU’s new anti-money laundering body
The UK has been warned that it faces being left behind in the global fight against money laundering unless it…
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Warning for risk managers as South Africa violence spirals
Risk managers have been urged to instigate risk strategies on safety by the Institute of Risk Management South Africa’s (IRMA)…
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Italy leads the way in risk management training
By its very nature, risk management is a crossover discipline as risks almost never come as a single event and…
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German car manufacturers fined €875m by EC for green technology ‘cartel’
German car manufacturers Daimler, BMW and Volkswagen, which includes Audi and Porsche, colluded to limit the development of green technology…