Kevin Knight, Chair of the ISO working group that recently published a global risk management standard, says that he and his working group are totally opposed to the idea of a certifiable standard.
The Geneva-based International Risk Governance Council (IRGC) has published a far-reaching report that lists and describes the most common risk management failings within state and private organisations, explains how they can occur, illustrates the shortcomings and their consequences and provides what it describes as a “catalyst” for their correction.
The Brussels-based Emerging Risks Unit (EMRISK), a specialist unit of the European Commission, has developed a system to routinely monitor data from the Commission’s Rapid Alert System on Food and Feed (RASFF) to help it identify emerging and re-emerging risks in this increasingly incident-prone sector.
Leading representatives of Europe’s captive community have written a joint letter to the national finance ministers of the European Union Member States to urgently request meetings and try to prevent what they believe will be a potentially disastrous implementation of Solvency II.
The majority of public U.S. companies will have to comply with new disclosure requirements on risk management as of February 28 because of new rules from the U.S. Securities and Exchange Commission (SEC).
The European Commission is driving the news agenda in the European corporate insurance buyer’s world this week as the debate hots up on broker pay and Solvency II. In the first regular comment to accompany our weekly newsletter, Adrian Ladbury suggests the market should focus on what the Commission can and will do and not necessarily what it would like it to do.
[LONDON]—Insurer security remains a top priority for corporate insurance buyers but they are using a range of information sources to review the financial security of insurers, according to a recent survey of AIRMIC members in the United Kingdom.
The recent spate of piracy attacks in the Gulf of Aden means ship owners face rising costs. Ben Norris reports on the risk management and transfer options available.
Norwegian risk managers seek to work with Swedish and Danish neighbours following acceptance by FERMA.
IGREA, the recently formed association for risk and insurance managers with the biggest companies in Spain, already has 17 members and is on track to meet its target of about 25 members, according to acting President Daniel San Millan, Corporate Risk Manager at Madrid-based construction company Ferrovial Group.