Risk Management
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February 21, 2024
European product recalls hit record high in 2023, Sedgwick reports
Product recalls in Europe reached a record 12,498 events in 2023, up 18.5% on the previous 12 months and setting…
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February 21, 2024
Climate change hampering Asia Pacific sustainability goals
The impacts of climate change, including slow and sudden onset weather events, are reducing the ability of countries to meet…
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February 21, 2024
Beazley creates combined business with focus on cyber risk management
Beazley has turned its in-house cyber services team and wholly owned cybersecurity company Lodestone into a new single company, as…
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February 21, 2024
Italian and German governments under pressure to drag CSDDD back on track
Claims by environmental and human rights groups that big business supports the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) appear…
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February 21, 2024
New sustainability reporting requirements pair opportunities with risks
As risk managers address the European Union’s Corporate Sustainability Reporting Directive (CSRD) that came into force this year, they are…
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February 21, 2024
Google’s $350m settlement raises questions over D&O and cyber cover
The recent $350m preliminary settlement of two securities class actions in the US from a cyber incident involving the now…
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February 21, 2024
Malaysia consults on sustainability disclosure standards
The Malaysian Advisory Committee on Sustainability Reporting (ACSR) has published a consultation paper that seeks public feedback on the proposed…
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February 20, 2024
Risk managers warned generative AI is a threat to all businesses
All risk professionals should consider the threats of generative AI to their business, warned a panel webinar hosted by Commercial…
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February 20, 2024
EU adopts rules to protect against false green claims
The European Council has adopted a directive designed to protect consumers against greenwashing claims, including carbon offsetting, and empower consumers…
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February 20, 2024
Cyber gang LockBit taken down by crime agencies
One of the world’s most active cyber gangs, LockBit, claims it has been taken down by a coalition of crime…
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February 20, 2024
QBE UK narrows gender and ethnicity pay gaps
QBE UK said its gender pay gap narrowed to 21.9% in 2023 from 24.7% in 2022 and from 32.8% when…
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February 20, 2024
UK business leaders fear rising fraud and financial crime
UK business leaders are worried that worsening economic conditions are driving up financial crime and putting vulnerable customers at risk,…
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February 19, 2024
Managing ESG risks in supply chains
The delay to the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) does not mean that environmental and human rights due…
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February 19, 2024
How sustainability and climate risks are changing business travel
ESG Risk Review spoke to Mike Rogers, chief security analyst, International SOS, about how sustainability and climate risks are changing…
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February 19, 2024
Gibraltar moving ahead with captive regime proposals
The Gibraltar government is pushing ahead with proposals for a captive regime in partnership with the UK. The territory has…
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February 19, 2024
European firms must verify green claims before marketing, says parliament
The European Parliament’s Internal Market and Environment committees have adopted their position on rules governing how firms can validate their…
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February 19, 2024
Cyberattacks up 36% at ‘vulnerable’ UK law firms
Cyberattacks against UK law firms surged by 36% in the past year, according to London market insurer Chaucer, which said…
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February 19, 2024
Oklahoma sees number of captives grow by a third
Oklahoma licensed 20 new captive insurers in 2023 as the risk transfer vehicles grew increasingly popular in the hard market,…
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February 16, 2024
Mass timber will ‘transform’ construction risk landscape, warns Allianz Commercial
The projected growth in mass timber construction as the building sector transitions from concrete and steel will bring new risk…
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February 16, 2024
Supply chain pressures ease for German companies: Ifo
The supply chain crisis that came to a head during the Covid-19 pandemic has subsided and German firms have started…