RM News
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Cat capacity crunch in focus as hurricane Ian nears Florida coast
The ability of the global insurance and reinsurance industry to shoulder catastrophe risk is being called into serious question as…
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Most companies still pay ransom to cyberattackers, survey finds
Some 44% of UK organisations have paid a ransom demand following a cyberattack during the past year, according to a…
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Dutch insurers reject need for deforestation regulation at EU level
The Dutch Insurance Association (VVN) has said the EC’s recently announced proposals for a regulation to effectively ban products that…
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Cyber remains top spot in Travelers’ risk index
Cyber risk is once again the biggest concern for US businesses polled for Travelers’ latest annual risk index, with economic…
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TikTok faces potential £27m fine for child data breaches
Social media platform TikTok has been warned that it faces a regulatory fine of £27m in the UK for failing…
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Marsh explores bringing renewable energy certificate service payments to global clients
Marsh has told Commercial Risk it is exploring the possibility of expanding its scheme to allow US clients to pay service…
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UK SMEs face array of diverse risks according to Marsh poll
Some 39% of UK SMEs named energy costs as their top emerging risk during the next 12 months, followed by…
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Boeing pays $200m after being charged with misleading investors on 737 MAX safety
Aircraft firm Boeing and former CEO Dennis Muilenburg have been charged with misleading investors about the safety of its 737…
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Bridging the risk management gap
Lene Ritz, corporate enterprise risk and insurance manager, legal and risk at Danish shoemaker ECCO, is an eager proponent of…
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Clyde & Co launches global cyber risk network to boost resilience
Law firm Clyde & Co has launched a new cyber risk service for clients to boost their response to cyberattacks.…
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Marsh’s US clients can now pay service fees with renewable energy certificates
Marsh clients in the US can now pay for the broker’s service fees with voluntary carbon offset credits and renewable…
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EU member states rapped for failing to implement transparent and predictable working conditions
A total of 19 member states have failed to transpose the EU Directive on Transparent and Predictable Working Conditions, and…
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WTW launches airport risk index to boost resilience
WTW and the University of Cambridge’s Centre for Risk Studies have launched the Airport Risk Index to boost risk management…
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Greenpeace sues EU over gas and nuclear ‘greenwashing’
Greenpeace is taking legal action against the European Union (EU) for alleged greenwashing after the bloc included fossil gas and…
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Females lead just 12% of Europe’s banks in DBRS Morningstar gender diversity analysis
Only five of 43 European banks were led by a female CEO in 2021, according to DBRS Morningstar, and although…
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UK whistleblower reports drop 11% as financial services overhaul workplace culture
Whistleblower reports made to the UK regulator about misconduct in the financial services sector dropped by 11% last year, according…
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Ferma says insurers not doing enough to help clients through energy transition
Ferma has said there is a lack of risk transfer capacity to support the transition to carbon neutrality and urged…
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AXA XL hires two former AIG execs to head new US captives unit
AXA XL has recruited two former AIG executives to head up its newly formed captives unit that sits within the…
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EC moves to ban all forced labour products from EU market
The European Commission (EC) has proposed new rules to ban all products made by forced labour from the European market.…
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HDI to use IoT to improve battery risk management and transfer options
HDI Global and expert battery storage firm ACCURE Battery Intelligence are teaming up to use internet-of-things (IoT) data to boost…
