RM News
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February 21, 2024
Google’s $350m settlement raises questions over D&O and cyber cover
The recent $350m preliminary settlement of two securities class actions in the US from a cyber incident involving the now…
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February 21, 2024
Malaysia consults on sustainability disclosure standards
The Malaysian Advisory Committee on Sustainability Reporting (ACSR) has published a consultation paper that seeks public feedback on the proposed…
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February 20, 2024
Risk managers warned generative AI is a threat to all businesses
All risk professionals should consider the threats of generative AI to their business, warned a panel webinar hosted by Commercial…
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February 20, 2024
EU adopts rules to protect against false green claims
The European Council has adopted a directive designed to protect consumers against greenwashing claims, including carbon offsetting, and empower consumers…
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February 20, 2024
UK business leaders fear rising fraud and financial crime
UK business leaders are worried that worsening economic conditions are driving up financial crime and putting vulnerable customers at risk,…
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February 19, 2024
European firms must verify green claims before marketing, says parliament
The European Parliament’s Internal Market and Environment committees have adopted their position on rules governing how firms can validate their…
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February 19, 2024
Cyberattacks up 36% at ‘vulnerable’ UK law firms
Cyberattacks against UK law firms surged by 36% in the past year, according to London market insurer Chaucer, which said…
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February 19, 2024
Oklahoma sees number of captives grow by a third
Oklahoma licensed 20 new captive insurers in 2023 as the risk transfer vehicles grew increasingly popular in the hard market,…
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February 16, 2024
Mass timber will ‘transform’ construction risk landscape, warns Allianz Commercial
The projected growth in mass timber construction as the building sector transitions from concrete and steel will bring new risk…
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February 16, 2024
Supply chain pressures ease for German companies: Ifo
The supply chain crisis that came to a head during the Covid-19 pandemic has subsided and German firms have started…
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February 15, 2024
Airmic members most worried about UK and US elections
The UK and US elections in 2024 are of the greatest concern to Airmic members by a huge majority, with…
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February 15, 2024
Call for D&O market to plug entity cover gap
D&O insurers are being urged to help plug the gap in cover for growing UK corporate criminal liability. Recent years…
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February 14, 2024
Airmic members rank cyber as biggest risk in 2024
Cyber has been voted the top risk facing UK organisations this year in a survey of Airmic members. The poll,…
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February 14, 2024
Ethics and compliance programmes shift to risk mitigation over past year
Ethics and compliance (E&C) programmes have shifted their focus to risk mitigation this year, driven by rising regulatory action, the…
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February 14, 2024
EU and parliament agree new deal to improve maritime safety
The European Council and parliament have reached a provisional agreement to revise the 2009 directive that governs accidents investigations in…
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February 13, 2024
Google reportedly keen on Lloyd’s captive ahead of government consultation
Google has reportedly received a positive response from Lloyd’s to create a captive syndicate, in a move that could finally…
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February 12, 2024
Germany and Italy derail due diligence law
The future of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) has been thrown into serious doubt after Germany and…
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February 12, 2024
French data commission confirms data breach hits 33 million citizens
The French National Commission for Information Technology and Liberties (CNIL) is carrying out investigations into a data breach affecting more…
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February 9, 2024
Supply chain solutions creating more risks
In a world that becomes more dangerous by the day, risk managers are setting aside extra time to find alternatives…
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February 9, 2024
Amrae and market expect French-based captive boom in 2024
Brokers and insurers say that a growing number of clients are looking at the possibility of setting up captives in…