Risk Management
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North African countries need to work together
Technological and geopolitical forces are reshaping regional landscapes, according to the World Economic Forum (WEF), which has urged north African…
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E-Mobility and autonomous vehicle risk and opportunity
The future is obviously bright for electric vehicles in Europe, but what are the risks? And how is the insurance…
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Ransomware: To pay or not to pay remains an open question
Ransomware has become big international business and a major headache for companies of all shapes and sizes. Risk and insurance…
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Standard Chartered fined $1.1bn for sanction and money laundering offences
Banking group Standard Chartered has been fined $1.1bn by US and UK regulators for breaching sanctions against countries, including Iran,…
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Fiat Chrysler pays $110m to settle investor suit as EC moves on other carmakers
Fiat Chrysler has paid $110m to settle a case brought by investors alleging they were misled over compliance with US…
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Slowing eurozone growth to run at half pace of global economy: Atradius
Growth in the world’s economy is set to slow this year, with the eurozone forecast to run at about half…
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Marine market hit by unprecedented run of container ship losses
Marine hull and cargo insurers have been hit by an “unprecedented” run of container ship losses in the past three…
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Ferma raises concern about ‘inappropriate’ and ‘premature’ ISO cyber insurance standard
Ferma is concerned about a proposed ISO standard for cyber insurance that aims to standardise cover and provide guidelines for…
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ADB chief calls for more action on disaster risk reduction
The chief economist at the Asian Development Bank (ADB) has called on governments and the insurance industry to increase their…
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GVNW members urged to keep options open as insurance market tightens
German risk managers have warned leading industrial insurance companies that attempts to restore profitability in their core market with knee-jerk…
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German risk managers worried about cyber as coverage disputes emerge
German risk managers are concerned about the depth and breadth of cyber insurance currently on offer and the recent trend…
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Industrial insurers told to focus on process with insurtech: GVNW
Insurtech is being hailed by many in the insurance market as the magic solution, allowing insurers to use big data…
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Chubb expands business travel app
Chubb has introduced new eLearning modules to enhance its business travel Chubb Travel Smart app, used by employers to cover…
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Marsh cuts through cybersecurity market with new insurer-approved status
Leading cyber insurers have backed a new cybersecurity programme that aims to help companies reduce cyber risk by approving the…
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Morocco among most promising emerging markets for 2019
Trade credit insurer Atradius has put Morocco in its top five most-promising emerging markets for 2019. In its Promising Emerging Markets…
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Hilary Weaver leaves Lloyd’s CRO role
Lloyd’s chief risk officer (CRO) Hilary Weaver will leave her position at the end of this month...
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Lloyd’s acts over sexual harassment reports, with lifetime bans on the table
Lloyd’s has taken steps to create a safe and inclusive working environment following media reports of chronic sexual harassment in…
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AIG lead insurer on Norsk Hydro’s €36m cyber loss
The cyberattack on Norsk Hydro has cost the company up to €36m in just one week, with AIG named as…
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Sulphur Cap Series: Part 2 – A practical overview of the IMO 2020 Sulphur Cap
Beth Bradley, Benjamin Bryant and Ioanna Tsekoura, of Clyde & Co, consider the challenges facing compliance and challenges to enforcement…
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Oil slick threat to French coast as Porsche counts cost of lost cars
French authorities are battling to contain an oil slick that threatens beaches around the Bay of Biscay, as Porsche counts…