Risk Management
-
Risk managers have nothing to fear from west African currency reforms
Risk managers and their businesses should not be overly concerned by currency reforms in the West African Economic and Monetary…
-
ICO fines retailer maximum £500,000 for cyber breaches prior to GDPR
Retailer DSG Retail, which owns Currys PC World and Dixons Travel, has been fined £500,000 by the Information Commissioner’s Office…
-
Captive insurer involved in case of alleged underpayment of taxes in US
A tax whistleblower case in the US involving a captive insurance company has resulted in an $8.5m recovery as a…
-
Risk managers must intensify efforts to identify deforestation liability in supply chain
Companies involved in, or buying from, the $45bn global farmed-shrimp industry, have been warned that a lack of transparency about its…
-
African risk expert among first to gain IRM’s Digital Risk Certificate
The first cohort of students to pass the Institute of Risk Management’s (IRM) Digital Risk Certificate have just received their…
-
Climate change tops travel risk list for 2020
Climate change has topped a list of travel risks for 2020, according to poll of top ten threats by Riskline.…
-
Travelex ransomware attack hints at future systemic failure
The recent cyberattack on Travelex that has taken down currency services is a sign of things to come as ransomware…
-
Ikea pays $46m in second child-death settlement
Swedish furniture firm Ikea has said it will pay $46m to settle a liability case brought by the parents of…
-
WHS claims set to add to Australian class action wave
Workplace health and safety (WHS) could be the next big thing in the fast-growing Australian class action ‘market’ and could…
-
Modi denies crackdown on corporates despite persistent governance failings
Indian Prime Minister Narendra Modi said on Monday that recent action taken against a few corrupt entities should not be…
-
Starbucks and Alaska Air captives ordered to stop insuring risk in Washington state
Two captives have been ordered to cease writing risks in Washington state by the state insurance commissioner Mike Kreidler. The…
-
Insurers launch artificial intelligence of things (AIoT) risk management solutions
Insurers are combining artificial intelligence (AI) technology with the internet of things (IoT) to create artificial intelligence of things (AIoT)…
-
Belgian data protection supervisor fines SME without any formal complaint lodged
The Belgian Supervisory Authority (SA), the independent public authority that supervises the application of European data protection law through investigative…
-
Indian data bill includes potential imprisonment of directors and officers for five years
India’s planned new data protection bill, which is based on the EU’s General Data Protection Regulation (GDPR), is likely to…
-
Airbnb’s Laura Langone takes charge at RIMS for 2020
US-based risk management association RIMS has announced that Laura Langone will lead the society as president for the 2020 term,…
-
Risk managers must act to tackle climate change as premiums soar in Australia
Australian risk managers, particularly those in the tourism industry, must brace themselves for tough renewals during 2020 as the bushfires…
-
Gulf employers urged to act fast on cross-border benefits as Dubai introduces new scheme
The Dubai International Finance Centre (DIFC) has announced a one-month delay until 1 February for the introduction of its new…
-
Australian insurers advise government to focus on risk prevention as bushfires rage
The Insurance Council of Australia (ICA) has advised the Australian Government to significantly shift the focus of disaster relief towards…
-
Landmark Dutch ruling that government must protect citizens from climate change could be first of many
A landmark ruling by the Netherlands Supreme Court that its government must reduce greenhouse gas emissions to protect its citizens…
-
Tesco Christmas card shock increases pressure for tighter supply chain rules
Calls for stronger EU rules covering human rights in global supply chains will have got louder this week as UK…