Risk Management
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October 11, 2023
Spanish airline reports cyberattack on credit card data
Spanish airline Air Europa has disclosed that its online payment system was hit by a cyberattack, exposing the credit card…
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October 11, 2023
Cyberattacks continue to rise, finds Hiscox survey
More than half (53%) of businesses suffered at least one cyberattack over the last 12 months – a five-point increase…
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October 11, 2023
Maersk and TotalEnergies lose Danish tax case
The Danish Supreme Court has ruled against Danish shipping giant Maersk and French energy company TotalEnergies in a long-running tax…
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October 11, 2023
Report into Baltic Sea collision calls for more lookouts
An investigation by the UK’s Marine Accident Investigation Branch (MAIB) into a collision between a UK-registered cargo ship and a…
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October 10, 2023
Darim approaches 100th member
The Danish Risk and Insurance Management Association (Darim) is on the verge of a milestone. It currently has 99 members…
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October 10, 2023
European insurers warn EU over supply chain liabilities
The European insurance sector has told the European Union in no uncertain terms that insurers’ due diligence obligations should not…
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October 10, 2023
Climate-transition framework lays ground for mandatory disclosures in UK
UK-listed companies and financial sector firms will be expected to use a newly published framework to disclose “robust and credible”…
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October 10, 2023
EP extends defective products including physical and psychological harm
Two key committees of the European Parliament have given their backing to new rules extending the liability of manufacturers and…
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October 10, 2023
Insurers welcome first European ‘green bond’ standard
MEPs in Strasbourg have adopted a new voluntary standard for the use of a ‘European Green Bond’ label, the first…
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October 9, 2023
MGM forecasts $100m loss from September cyberattack
Hotel and casino group MGM Resorts said last month’s cyberattack against its US systems is expected to cost about $100m…
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October 9, 2023
Global M&A activity rebounds in Q3 2023: WTW
Every region across the world saw an upswing in merger and acquisitions (M&A) in Q3 2023, with the number of…
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October 9, 2023
International SOS publishes framework as mental health problems rise
International SOS has published a framework to help firms prioritise employee mental health that it warns has come under “unprecedented”…
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October 6, 2023
Darag assumes long-term liability policies of Benelux based captive
Run-off specialist DARAG Group is to assume the expired long-term liability insurance policies of an undisclosed Benelux-based captive. According to Darag,…
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October 6, 2023
Multi-factor authentication would cut 99% of cyberattacks, says Microsoft
Ninety-nine percent of global cyberattacks could have been prevented by basic security protection, most importantly multi-factor authentication (MFA), according to…
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October 6, 2023
Application for Singapore captive association filed with supervisor
An application has been filed with the Monetary Authority of Singapore (MAS) to create a new captive owners’ association to…
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October 5, 2023
Allianz urges firms to invest in detection as ransomware claims surge
German insurer Allianz Commercial has called on companies to invest more in cyber detection and response as ransomware claims continue…
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October 5, 2023
European food chains ‘falling short’ on plastic pollution, say NGOs
A new report by a group of NGOs has found that nine major European ‘Big Food’ companies are failing to…
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October 5, 2023
Just over half of UK firms offering mental health support, survey finds
A survey of UK firms finds that 70% of large corporates provide mental health and wellbeing support to employees but…
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October 4, 2023
US climate disclosure rules threaten added liability for companies
Looming climate disclosure rules in the US, including California measures that would require large businesses to disclose all greenhouse gas…
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October 4, 2023
Risk managers face expanded product liability, warns Spanish lawyer
A leading Spanish insurance litigation lawyer has warned corporations across Europe to brace for the arrival of the EU’s new…