Risk Management
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April 4, 2024
Ferma and Commercial Risk Europe launch 2024 European Risk Management Awards
Entries are now open for this year’s European Risk Management Awards, held in association with Ferma and Commercial Risk Europe.…
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April 4, 2024
German insurer calls for reduced red tape to combat extremism
Norbert Rollinger, CEO of Wiesbaden-based R+V Versicherung, has called for “urgent political action” to improve economic conditions and prosperity to…
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April 4, 2024
French government considers further changes to nat cat scheme
The French government said it will look into charging companies a different amount under the country’s nat cat regime based…
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April 4, 2024
Australian class actions ‘bounce back’ after lull in 2022
Australian businesses faced the second ever highest number of class actions in 2023 and the sectors at risk are expanding,…
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April 4, 2024
Eiopa ready to back PPPs to cope with nat cat risk
Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority (Eiopa), has told chief risk officers at Europe’s leading…
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April 3, 2024
SRS Altitude appoints senior alternative risk transfer experts
Strategic Risk Solutions (SRS) has announced that Marco Adamo and Roy Baumann have joined SRS Altitude as senior alternative risk…
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April 3, 2024
Global M&A sees uptick in Q1 as WTW foresees busier year ahead
The number of global mergers and acquisitions (M&A) above $100m rose by 11% in the first quarter of this year…
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March 28, 2024
Most UK firms pin AI on board agenda but 11% not discussing topic: Airmic
The majority of UK risk managers (78%) said artificial intelligence (AI) is on their board’s agenda, with a further 4%…
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March 28, 2024
Climate disclosures will help identify risk but increase scrutiny, says Moody’s
Increased global transparency and standardisation will improve the ability to analyse climate risks and opportunities, but some entities will face…
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March 28, 2024
Bridge collapses from vessel collisions ‘rare’, says Allianz Commercial
The dramatic collapse of the Francis Scott Key Bridge as a large container ship struck a support column leaving the…
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March 28, 2024
Cyber liability and D&O rise on list of German managers’ concerns
German managers continue to perceive cyber as the most significant liability risk for the next 12 months. The dangers of…
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March 27, 2024
Baltimore port closure adds to global supply chain pressure
Global supply chains, already reeling from re-routing ships to avoid attack in the Red Sea, will be further challenged by…
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March 27, 2024
WTW says risk management needs more focus on volcanic eruptions
WTW and the University of Geneva are working to quantify systemic global risks from very large volcanic eruptions, to help…
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March 27, 2024
Sedgwick names COO for UK
Claims management firm Sedgwick has appointed Peter Farrelly as chief operating officer in the UK. Farrelly joined Sedgwick in 2019…
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March 27, 2024
Group captive for US transportation industry launched by Artex
Artex Risk Solutions has launched a new group captive designed to address risks for transportation, trucking for hire, convenience store…
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March 26, 2024
EC adopts tougher criminal sanctions for environmental crime
The European Council has formally adopted a directive to protect the environment through criminal law. It said that the law…
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March 26, 2024
Companies must accelerate transition to strategic risk management in face of polycrisis, says Ferma
Ferma has told Commercial Risk that while the upward direction of travel is clear, there remains a way to go…
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March 26, 2024
UK imposes sanctions for China-backed cyberattack on electoral register
The UK government has imposed sanctions on two Chinese nationals and a company after accusing China state-backed actors of orchestrating…
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March 26, 2024
Marsh launches Bermuda-based cyber-only group captive
Marsh has launched a cyber-only group captive insurance company in Bermuda. Edgware Re is a group captive for organisations seeking…
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March 25, 2024
CEO syndrome threatens effectiveness of ERM
Risk managers must be alive to the effects of cognitive bias on enterprise risk management (ERM) programmes and take steps…