RM News
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Cloud providers pose ‘clear and immediate’ systemic risk, warns Tokio Marine HCC
Weaknesses in cloud platforms and software providers were behind 70% of the top ten cyber incidents last year, according to…
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France reportedly seeks changes to scope of CSRD
The French government is set to propose revisions to lighten requirements under Europe’s Corporate Sustainability Reporting Directive (CSRD), according to…
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Verisk launches cargo theft risk scoring tool for North American routes
Verisk Analytics has launched a cargo theft risk-scoring tool for the transportation industry that measures the probability of a crime…
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Rims legislative priorities include litigation funding transparency
Rims has called for more transparency on third-party litigation funding and national US standard for data security and breach notification…
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EFRAG publishes proportionate CSRD standards for captives and SMEs
The European Financial Reporting and Advisory Group (EFRAG) said captives and other SMEs will benefit from proportionality measures behind Europe’s…
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Geopolitics jumps to number one risk for Airmic members
Geopolitical risk has surpassed cyber incidents and changes in regulation to become the biggest risk facing Airmic members, according to…
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Meta calls for Irish GDPR fine to be overturned
Mark Zuckerberg, the owner of social media platform Meta, has called on Ireland’s High Court to overturn a €91m fine…
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Activists’ fibre optic cable attack tests London market resilience
The recent internet outage suffered by London’s insurance market at the hands of climate activists has highlighted a critical vulnerability…
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German insurers lobby Europe to simplify sustainability rules
German insurers have backed proposals to streamline Europe’s corporate sustainability reporting rules. Ahead of the European Commission’s Omnibus Simplification Package,…
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Dual Europe launches cyber product
Dual Europe, the European arm of Howden’s MGA business, has released a cyber product designed to combine insurance and managed…
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US firms in Europe pessimistic about Trump trade relations
US companies operating in Europe expect the transatlantic trade and investment relationship to deteriorate as President Trump takes office, according…
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UK companies lack confidence in regulatory compliance
Nearly three-quarters (73%) of UK firms say they lack confidence in their ability to comply with regulations, according to a…
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UK financial services regulator vows to cut back rules
The UK’s financial services regulator said it will “go further” in reducing reporting requirements and limiting new rules in line…
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Descartes partners with Previsico for flood forecasts and parametric triggers
Corporate parametric insurer Descartes has partnered with flood forecasting specialist Previsico to offer companies in the UK and Ireland more…
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New York considers antibullying bill for all workers
New York lawmakers are considering a bill that would make it easier for employees who claim to work in hostile…
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US insurers back forest management bill in wake of wildfires
Several major US insurance trade associations have written to lawmakers urging them to pass the Fix Our Forests Act, which…
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German insurers demand clarity on DORA
The German insurance association (GDV) has called for more clarity over the EU’s Digital Operational Resilience Act (DORA), which must…
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Munich Re predicts slower growth and higher inflation over the next decade
Global economic growth will slow in the next ten years, averaging 2.5% for industrialised countries from 2025 through to 2034…
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Parent company risk could see captives miss out on proportionality under DORA
European captives hoping to benefit from proportionality measures under the EU’s Digital Operational Resilience Act (DORA), which goes live today,…
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Europe plans cyber threat alert for health sector by 2026
Europe has unveiled plans for an EU-wide cybersecurity centre specifically for hospitals and the healthcare sector, one of the most…