Risk Management
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RMS launches new HD model for Japanese earthquakes
Risk modelling firm RMS has released its new Japan Earthquake and Tsunami High Definition (HD) model. According to RMS, the…
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IRM appoints global ambassador for Australia and APAC
The Institute of Risk Management (IRM), an education body for risk professionals, has appointed Sydney-based independent risk consultant Gareth Byatt…
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Equifax data breach cost reaches $243m with insurers covering $60m
Credit reference agency Equifax has revealed that last year’s data breach, which is thought to have compromised the data of…
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New support for private sector to boost Kenya power
The World Bank has approved a $180m International Development Association guarantee to mobilise private sector financing. It hopes the private…
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UK nerve agent attack exposes insurance gap that needs rethink: Pool Re
The recent nerve agent attack in UK city Salisbury, which hospitalised three victims and closed parts of its shopping district…
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Another step towards African free trade
Finance ministers from across Africa are set to meet in Addis Ababa next week to discuss the historic African Continental…
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New link set to reduce road travel risks
A new road linking Dodoma and Babati in Tanzania has been commissioned – the final link in a Cape Town…
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Insurer urges risk managers to act ahead of Grenfell fire safety report
Risk managers should consider reviewing fire strategies ahead of expected changes to UK fire safety regulations following last year’s Grenfell…
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Conduct and culture risk management enters new phase: survey
Financial services companies are taking conduct and culture risk increasingly seriously in the face of regulatory pressure, developing more holistic…
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Ugandan companies face high business risks
Nearly half of Ugandan companies face challenges with non-tariff measures (NTMs), according to an International Trade Centre (ITC) business survey. NTMs…
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Managing the risks associated with workplace sexual harassment and misconduct around the world
Sexual abuse, harassment and misconduct continue to place higher up the political and social agenda globally, following a raft of…
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UK P&I Club tackles maritime risk with new technology
UK P&I Club is set to provide cutting-edge, data-driven technology for maritime and port threats that it says will help…
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Oil industry climate change litigation could spill to manufacturers of all petrol products
If the US plaintiff bar can make mounting allegations that the oil industry should pay damages to combat the effects…
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New framework to help boards avert losing battle against cyber risk
Boards are losing the battle against cybercriminals, warns a new report from The CityUK and Marsh, which puts forward a…
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Post-Grenfell Tower tests reveal UK fire safety standards ‘broken’: ABI
A new report by the Association of British Insurers (ABI) says UK building control systems are “broken” after results of…
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Insurers and brokers say clients can’t measure cyber risk
Insurance buyers, and consequently their risk transfer partners, are struggling to measure cyber risk and are therefore largely in the…
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High-profile judging panel named for European Risk Management Awards
Ferma and Commercial Risk Europe are delighted to announce another line-up of leading risk managers as judges for our annual…
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Risk managers warn insurers are letting them down as rates rise
Risk managers have accused insurers of letting them down as premiums begin to rise. They said longstanding relationships have been…
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And the winner is…
Alao Ismail Akinkunmi, an operational and insurance risk officer with NASCON Allied Industries in Lagos, has won the annual Risk…
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African port security must be improved to boost trade and reduce risks
A 25% improvement in port performance can drive a 2% growth in GDP, according to a new report released as the…