Risk Management
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European investors focus on due diligence risk despite delay to deforestation regulation
The EU deforestation regulation (EUDR) may have been delayed for a year, much to the relief of many embattled risk…
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Aon teams with Moody’s to boost clients’ credit risk management
Aon said a new collaboration with rating agency Moody’s will help its clients address their credit risk management challenges. Under…
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WEF calls for urgent upskilling to fill tech skills gap
Collective action across the public and private sector is needed to address a growing skills gap brought on by technological…
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Cybersecurity leading threat to business growth
Cybersecurity and technology disruption are the main threats to business growth for North American corporates, according to a poll of…
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McLarens appoints new head for Netherlands unit
Claims service firm McLarens has appointed Klaas Brand to lead its operations in the Netherlands. Brand took over from co-founder…
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Go beyond traditional climate risk management, says WTW
Organisations need to go beyond traditional climate risk management boundaries to deal with the increasing volatility of acute and chronic…
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WEF tracks stagnating global cooperation on key challenges
Global cooperation has “flatlined”, according to new research from the World Economic Forum (WEF), which calls for urgent action to…
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Risk management controls not hindering commercial activity, say the Swiss
Swiss risk managers do not think their profession needs to reduce controls, which in most cases are vital to ensuring…
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Finland seeks seizure of electric cable-cutting Russian tanker
Fingrid, the operator of Finland’s national grid, has applied to the Helsinki District Court to seize control of the Russian…
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Insurers and business face growing terrorism threat
The insurance industry is facing a growing threat from political and terror risk, with demand for cover set to rise…
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Kristen Peed named as new Rims president
Kristen Peed, head of corporate risk at Sequoia Benefits and Insurance Services, and a captive insurance industry leader, has been…
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Short-term economic risks hindering risk managers’ strategies
Companies face the threat of having their long-term risk management ambitions hampered by their senior executives' focus on short-term economic…
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ECJ rules suppliers are liable for defective products
The EU Court of Justice (ECJ) has ruled in a case against Ford Italia that suppliers of defective products can…
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Risk movement ‘well underway’ in Switzerland, says Sirm president
Swiss risk management association Sirm is planning to spread further across Switzerland next year and believes that the Ferma Seminar,…
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Dubai Aerospace paid further $201m for leased aircraft in Russia
Aircraft lessor Dubai Aerospace Enterprise said it has settled with insurers of jets stranded in Russia for a further $201m…
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Italy fines OpenAI over data privacy violations
OpenAI, the developer of generative artificial intelligence platform ChatGPT, has been fined €15m by Italy’s data protection authority Garante. The…
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Political instability top risk for corporates in 2025
Political instability has overtaken extreme weather to become the top risk for businesses in a poll of 500 risk and…
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Crypto crime exceeds $2bn in 2024
Funds stolen by crypto hackers exceeded $2bn in 2024, marking a 21% year-on-year increase and the fourth consecutive year that…
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Google warned over fingerprinting policy ‘u-turn’
The UK data protection body has warned Google it risks regulatory action when it allows organisations using its advertising products…
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Europe’s insurers risk 100 point drop in solvency ratio from geopolitical shock
A severe geopolitical shock would trigger a near-100 percentage point drop in the solvency of Europe’s insurers and wipe more…