Risk Management
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What lies in store for 2017?
Risk managers, insurance buyers and insurers are continually grappling with the changing landscape of ongoing legislative and regulatory reform. Europe…
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Coface upbeat despite political uncertainties weighing on trade
The rise of populism in Europe, uncertainties around Brexit and US President Donald Trump’s protectionist policies are some of the…
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UK fraud cases up 55% as ‘super frauds’ take hold
Cybercrime and ‘super frauds’ have caused a surge in the value of fraud prosecutions in UK courts to total £1.14bn…
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Nigeria’s first recession since 1994 impacts rating
Fitch Ratings has revised the outlook on Nigeria's long-term foreign and local currency issuer default ratings (IDRs) to negative from…
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More countries dropping down global Corruption Perceptions Index
Of the 176 countries on the Corruption Perceptions Index 2016, 69% scored below 50, on a scale from 0 (perceived to be…
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CETA deal set to boost EU-Canada trade from April
European risk managers concerned by protectionism and potential loss of access to markets in the changing political climate will welcome…
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Legal perspective: The UK legal picture for 2017
Digitalisation, technology, low interest rates and ongoing legislative and regulatory reform create a uniquely demanding and competitive environment for risk…
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Firms unprepared for operational risk finds FM Global survey
Some 54% of US companies do not have loss recovery plans in place for operational risk including cyber attacks, natural…
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UK P&I Club’s Nichol joins Greece team
The UK P&I Club has promoted David Nichol as regional loss prevention executive for Greece, from his current role as…
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Asia is kidnap capital of the world
A 10% increase in the global share of kidnappings that took place in Asia in 2016 consolidated the region’s status…
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Trump and Brexit signal ‘paradigm shift’ in political risk: Maplecroft
The world is entering a new era of political risk under the shadow of a Donald Trump presidency, Brexit and…
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EC proposes new data privacy rules
New legislation from the European Commission promises to strengthen privacy in electronic communications alongside proposals to free up the movement…
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Business interruption tops Allianz risk poll in Asia
The threat of business interruption is the main concern for Asian businesses according to a global survey of more than…
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Businesses in Nigeria worried about struggling economy and corruption
The biggest threats to Nigeria are market volatility and corruption, according to the 6th annual Allianz Risk Barometer, which also…
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EIOPA and Bermuda regulator sign memorandum of understanding
The European Insurance and Occupational Pensions Authority (EIOPA) and the Bermuda Monetary Authority (BMA) have signed a memorandum of understanding…
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Fraud and cyber attacks at all-time high: Kroll survey
Some 85% of global companies polled for Kroll’s annual Global Fraud and Risk Report incurred a cyber incident during the…
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BIBA calls for Brexit clarity and an end to IPT increases
The British Insurance Brokers’ Association (BIBA) has urged the government to commit to making no further increases to Insurance Premium…
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Risk managers urged to prepare for new data protection laws
Risk managers across Europe are being advised to start planning now for tougher EU data protection laws that come into…
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Moody’s predicts further political risk for Asia-Pacific sovereigns in 2017
The political risk that has negatively affected the credit rating of Asia-Pacific sovereign ratings is unlikely to abate in 2017,…
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Businesses across Africa concerned about market volatility and political risks
Companies operating in Africa increasingly worry about the unpredictable business environment where markets are volatile and political perils, such as…