Risk Management
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New captive and ART solutions offering from Augment Risk in US
US broker Augment Risk has formed a new captive and alternative risk transfer solutions offering. It will be headed by…
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European Council approves delay in EU deforestation rules
The European Council has formally postponed application of the EU deforestation law by one year. The Council said the postponement…
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Zurich concerned over continuing rise in EU litigation funders
Zurich Insurance wants more focus on the rising number of litigation funders setting up in the EU and is concerned…
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Risk map highlights escalating geopolitical tensions
Heightened geopolitical tensions have led to an increase in security risk ratings, according to International SOS. The security and health…
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Ireland fines Meta €251m for data breach
Big tech firm Meta has been hit with a €251m fine by the Irish Data Protection Commission (DPC) for a…
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Climate change will drive 27% rise in flood-risk property in England
An additional 800,000 more properties in England are at risk of flooding than previously thought, according to updated assessments from…
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Global M&A up 15% in 2024
Global M&As are predicted to close 2024 with a value of $3.5trn, up 15% on the previous year, while the…
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Europe’s top 100 firms admit supply chain cybersecurity breaches
Almost all of Europe’s top 100 companies reported a breach at one of their suppliers in the past year, according…
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EU’s packaging and packaging waste regulation formally adopted
The European Council has formally adopted a regulation on packaging and packaging waste that it said will significantly reduce the…
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Regulatory overload a key risk, say Spanish risk managers
The raft of European regulations, and the compliance challenges they create for companies, rank among the top risks faced by…
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GVNW leads formation of DACH industrial insurance exchange
The German risk and insurance management association GVNW has led the creation of the Open Risk Data Association (ORDA) –…
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US records 30% rise in strikes and protests from unions and workers
A 30% rise in the number of US public protests by unions and workers over the past year has underlined…
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Europe applies new product safety and recall rules
The EU’s new rules on product safety and recalls, which extend to online shops and marketplaces, have begun to apply…
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Scuderi wins Italian risk manager of the year
Michelangela Scuderi, head of risk management at Ferrovie dello Stato Italiane, has won Italian risk manager year at awards held…
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Ransomware to target larger organisations next year, warns Moody’s
Moody’s predicts that ransomware attackers will shift their target to larger organisations next year in search of larger payments and…
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Global Reporting Initiative appoints new CEO
Robin Hodess has been appointed as the Global Reporting Initiative’s (GRI) new CEO, beginning in February 2025. As CEO, Hodess…
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Eiopa says captives could benefit from DORA’s proportionality rules
Eiopa has told Commercial Risk Europe that although captives don’t have a specific carve out from new EU cybersecurity rules…
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Survey suggests that half of firms risk CSRD breaches
Almost half of businesses risk non-compliance with Europe’s Corporate Sustainability Directive (CSRD), according to a Censuswide study commissioned by Sweep…
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Employers embrace benefits of health risk profiling
The vast majority (89%) of employers believe there is a clear benefit to getting a better understanding of the risk…
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Europe leads rise in protectionism to secure supply chains
European countries are leading a global trend towards more protectionist policies, according to risk intelligence research firm Verisk Maplecroft. New…