Risk Management
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September 12, 2024
Sedgwick hires former Kraft Heinz risk manager
Sedgwick Claims Management Services has hired Andy Adams, a former risk manager at The Kraft Heinz Company, as vice-president of…
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September 11, 2024
New audit code to strengthen UK corporate governance
A new code of practice for the UK and Ireland’s internal audit profession has been unveiled by the Chartered Institute…
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September 11, 2024
Just 65% of UK businesses have set 2050 net-zero target
An inaugural survey of UK businesses has revealed that 65% have committed to net zero by 2050, leaving 35% yet…
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September 11, 2024
Australia’s House of Representatives passes climate-related disclosure bill
Australia’s House of Representatives has passed the Treasury Laws Amendment bill, which imposes mandatory climate-related disclosure obligations on large businesses.…
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September 11, 2024
BMW counts cost of global 1.5 million vehicles recall
German car manufacturer BMW has revised down its earnings targets for 2024 after shouldering the costs of a global recall…
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September 11, 2024
Archer adds Quod Orbis to risk management platform
Integrated risk management solutions firm Archer has partnered with continuous monitoring platform Quod Orbis to boost clients’ cybersecurity, compliance and…
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September 10, 2024
CEO concern rising over supply chain human rights abuse
There is rising concern among CEOs about human rights abuses in their supply chains, according to a 3,000-strong survey by…
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September 9, 2024
Europe’s solar farms heavily underinsured against hailstorms
Europe’s solar farms are finding it difficult to insure the full value of panels from hailstorm damage, which is slowing…
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September 9, 2024
‘Unsustainable’ US social inflation spreading to other countries: Swiss Re
Social inflation has driven up US liability claims by 57% over the past decade, with the trend likely to spread…
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September 6, 2024
Insurance market must rise to challenge of green transition
Adrian Ladbury interviews Udo Kappes, head of insurance at RWE, and finds that, along with many other German and European…
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September 6, 2024
GVNW sets focus on digital platform, ESG roadmap and captives
CEO of the GVNW and senior vice-president at BASF, Patrick Fiedler, told Commercial Risk that the association will focus on…
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September 6, 2024
GRI partners with International Foundation to boost sustainability data
The Global Reporting Initiative (GRI) and the International Foundation for Valuing Impacts (IFVI) have partnered in a move aiming to…
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September 6, 2024
PFAS litigation and exclusions to grow in Europe, experts warn
European companies should brace for much more litigation over the use of so-called forever chemicals, or PFAS, and more insurance…
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September 6, 2024
German business urges Von der Leyen to stand firm on new Green Deal
The Federation of German Industry (BDI) has welcomed the re-election of Ursula von der Leyen as president of the EC…
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September 6, 2024
AXA appoints Aviva’s Gumber CRO of UK & Ireland
AXA has named Rahul Gumber as its new chief risk officer for UK & Ireland, replacing David Baker. Rahul will…
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September 6, 2024
Domic joins Vopak as senior insurance manager
Narim board member Darko Domic has joined Royal Vopak N.V., the Dutch independent multinational company that stores and handles products…
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September 6, 2024
Risk managers concerned about global conflict in AI standards
The majority of UK risk managers are concerned about a lack of alignment and consistency in the international rules around…
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September 6, 2024
Moody’s acquires casualty modeller Praedicat
Rating agency and risk data provider Moody’s has purchased casualty insurance analytics company Praedicat in a move designed to bolster…
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September 5, 2024
GVNW reports solid progress on members and education
The GVNW continues to attract new members among the larger corporate risk and insurance management community and reports rising fee…
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September 5, 2024
GVNW foresees market easing despite tough spots
The GVNW expects insurance pricing to ease in the coming months across most lines but warns that corporate motor and…