RM News
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Beazley offers more capacity to risk managers that meet Marsh’s ESG Risk Rating
Beazley is going to grant more capacity through its Lloyd’s of London Syndicate 4321 to companies that perform well on…
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UK regulator fines Ghana International Bank £5.8m for poor AML controls
The UK’s Financial Conduct Authority (FCA) has fined Ghana International Bank (GIB) £5.8m for failing financial crime controls. The FCA…
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Zurich report finds risk management shortfalls exacerbated storm Bernd
Simply blaming the catastrophic impact of severe weather event Bernd that caused devastating flooding and damage of up to €50bn…
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Glencore Energy convicted in UK for oil bribery payments
Mining firm Glencore Energy UK has been convicted on seven counts of bribery at a London court, for paying $28m…
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EthiXbase launches supply chain compliance checks to help firms meet Germany’s new human rights law
With six months left to comply with Germany’s new human rights legislation, UK businesses with operations in the country can…
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Pool Re to invest in terrorism risk management solutions
Pool Re is embarking on a new chapter that will see the UK’s state-backed terrorism reinsurer modernise its reinsurance offering,…
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BELFOR cements Scandinavian position through SSG acquisition
BELFOR, a leading provider of disaster recovery services, and SSG, the Scandinavian market leader in damage restoration services, have joined…
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Large ports pose accumulation and supply chain risk, warns Russell Group
Large ports have become centres for high value concentration, raising the threat of risk accumulation, according to data and analytics…
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Microsoft says Russia has increased cyberattacks on Ukraine’s allies
Microsoft has detected Russian cyberattacks on 182 organisations and businesses in 42 countries supporting Ukraine since war broke out, as…
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Long Covid leaves healthcare providers vulnerable to liability risks
Long Covid, with its varying and unpredictable symptoms and no known cure, leaves healthcare providers vulnerable to liability risks stemming…
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Bayer loses Roundup appeal as US Supreme Court backs $25m damages award
German pharmaceutical firm Bayer has lost its appeal to dismiss Roundup cancer claims before the US Supreme Court, which upheld…
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Hedemark Hancke, Paduano and Schouw re-elected as Ferma board members
Ferma has re-elected three board members at its general assembly after their previous mandates came to an end. Charlotte Hedemark…
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Human rights group says EU due diligence directive needs sharper teeth
FIDH, a Paris-based worldwide NGO federation representing 192 organisations from 117 countries, has called on the EC to seriously bolster…
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Ukrainian risk manager says now is the time for insurance to prove its worth
A Ukrainian risk manager told Commercial Risk’s latest event that now is the moment for insurance to prove its worth…
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Thawing permafrost and construction high on Swiss Re’s emerging risk radar
Thawing permafrost and quantum computing lead Swiss Re’s global scan of emerging risks facing companies and their insurers in its…
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Zurich digitalises international programme offering to reduce admin and boost transparency
Zurich Insurance says it is digitalising its international programmes business through “state-of-the-art technology” to boost transparency and flexibility for customers,…
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AXA launches digital hub for commercial clients’ changing risks
AXA has launched the development of a new digital platform that will serve as a hub for commercial buyers, bringing…
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Civil unrest poses more critical risk for companies than terrorism, warns AGCS
A jump in social unrest driven by the rising cost-of-living crisis and the growing influence of social media is elevating…
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Claims expert warns EU risk managers to prepare for more consumer lawsuits
The EU Class Actions Directive will soon be implemented across Europe and will inevitably lead to more consumer lawsuits and…
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Resilience to geopolitical threat falls as risk increases, finds Beazley survey
A falling number of business leaders in the UK and US believe they are well able to manage geopolitical risks…
