Risk Management
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UK government adaptation plans ‘fall short’ for scale of climate risks
A leading climate advisory panel has warned the UK government that its adaptation plans for a changing climate “fall short”…
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Multinationals face macroeconomic and geopolitical uncertainty in huge election year
Macroeconomic competition and geopolitical insecurity are fuelling long-term uncertainty for multinationals as they face up to “biggest election year in…
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UK business leaders fear ESG targets expose them to litigation
Nearly two-thirds (62%) of senior leaders at large UK businesses are worried that their ESG targets put them at risk…
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Risk managers urged to increase oversight of cyber supply chain risk
Managing vendors and third-party contractors is a critical part of data security and regulatory compliance, experts say. Data owners must…
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McLarens creates UK entertainment unit with new team hires
Global claims service firm McLarens has launched an entertainment and contingency unit in the UK and Ireland, with a focus…
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AI regulation to shake up liability insurance
Developments in artificial intelligence (AI) and related regulation will require an overhaul of liability insurance policies and the creation of…
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Communication and data are key to captives preparing for next soft market
Open communication and data-driven insights can help captive owners and service providers be proactive ahead of the next soft market,…
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Parliament committee attacks UK government’s ‘shambolic’ cyber strategy
Only days after the former head of the UK’s National Cyber Security Centre (NCSC) called on his country to criminalise…
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Revamped UK internal audit code expands to cover more risks and corporate culture
Proposed changes to a code of practice for internal audit in the UK promises to “raise the bar” for the…
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Mounting interest in casualty captives as market toughens
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult,…
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Europe ill-prepared for climate risks, finds first-ever EEA assessment
Europe is not prepared for rapidly growing climate risks and is failing to keep pace with the rising exposures, warns…
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Risk managers must play strategic game to avoid overload in polycrisis
Risk managers are coming under huge strain from the never-ending polycrisis but can meet this challenge, and shouldn’t fear overload,…
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Anra pushing for captive regime in Italy
Italian risk management association Anra has told Commercial Risk Europe that it is hopeful a new captive-specific regime will become…
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Belgian beer firm Duvel restarts operations after cyberattack
Belgian beer manufacturer Duvel has resumed production within a week after it was hit by a cyberattack, according to reports.…
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Reputation, supply chain and cyber pose biggest risks to global retailers, reveals WTW survey
Global retailers are finding it hard to get the right insurance at an acceptable price as the range of risks…
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France, Italy and UK set to become collaborative captive domiciles, hears Airmic Forum
In five years’ time, the European captive market will likely see strong domiciles in France, Italy and the UK, with…
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UK seeks 15-year director ban against Lex Greensill
Lex Greensill, the Australian founder of failed supply chain finance firm Greensill Capital, has been served disqualification proceedings seeking to…
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Former UK cyber chief calls for ransomware ban
The former head of the UK’s National Cyber Security Centre (NCSC) has called on his government to pass legislation that…
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Captives, delicate market, ESG and AI dominate Amrae discussions
As this year’s risk and insurance management conferences kicked off in France, Amrae and its members were focused on several…
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Aon buys fleet risk management technology to cut TCOR for clients
Aon has bought the technology assets and intellectual property of digital managing general agent Humn.ai to help boost commercial fleet…