RM News
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GVNW leads formation of DACH industrial insurance exchange
The German risk and insurance management association GVNW has led the creation of the Open Risk Data Association (ORDA) –…
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US records 30% rise in strikes and protests from unions and workers
A 30% rise in the number of US public protests by unions and workers over the past year has underlined…
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Europe applies new product safety and recall rules
The EU’s new rules on product safety and recalls, which extend to online shops and marketplaces, have begun to apply…
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Scuderi wins Italian risk manager of the year
Michelangela Scuderi, head of risk management at Ferrovie dello Stato Italiane, has won Italian risk manager year at awards held…
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Ransomware to target larger organisations next year, warns Moody’s
Moody’s predicts that ransomware attackers will shift their target to larger organisations next year in search of larger payments and…
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Eiopa says captives could benefit from DORA’s proportionality rules
Eiopa has told Commercial Risk Europe that although captives don’t have a specific carve out from new EU cybersecurity rules…
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Survey suggests that half of firms risk CSRD breaches
Almost half of businesses risk non-compliance with Europe’s Corporate Sustainability Directive (CSRD), according to a Censuswide study commissioned by Sweep…
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Employers embrace benefits of health risk profiling
The vast majority (89%) of employers believe there is a clear benefit to getting a better understanding of the risk…
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Europe leads rise in protectionism to secure supply chains
European countries are leading a global trend towards more protectionist policies, according to risk intelligence research firm Verisk Maplecroft. New…
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Switzerland moves to extend climate reporting scope
The Swiss Federal Council has opened a consultation on a revision to the scope of the national climate reporting requirements…
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Italy delays mandatory nat cat scheme
Italy has delayed new rules that will make it compulsory for companies to buy natural catastrophe cover, according to reports.…
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Increase in large-scale projects adds to construction risks
Construction “megaprojects”, generally defined as $1bn or more, have proliferated in recent years as sectors from technology to manufacturing undertake…
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Lloyd’s warns of huge cost of next pandemic
Lloyd’s has published its latest systemic risk scenario, which finds the global economy could be exposed to potential losses of…
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RIMS announces retirement of CFO Kathy Gledhill
The Risk and Insurance Management Society (RIMS) has announced the retirement of its chief financial officer Kathy Gledhill, effective 31…
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Most European coastal waters and rivers breach PFAS thresholds
Most of Europe’s rivers and coastal waters, as well as a large volume of lakes, are polluted with at least…
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New rules offer Europe’s captives a mix of relief and challenges: AM Best
European captives face new regulatory challenges and added costs from cybersecurity rules imposed by DORA from January 2025 on the…
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SRS boosts Luxembourg captive team
Strategic Risk Solutions (SRS) has boosted its Luxembourg team in a move that it said will strengthen its support for…
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Survey tracks drop in employee cybersecurity awareness
Almost 70% of organisations globally say their employees lack basic cybersecurity awareness, up from 54% last year, according to a…
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Third-party cyber risk remains ‘blind spot’ for UK business
Understanding third-party cyber risk remains a “blind spot” for UK business leaders, with almost half impacted by a cyber incident…
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Risk managers best placed to help firms manage strategic climate change dilemma, says WTW
A flurry of regulation and the complexity of quantifying risks associated with climate change have left many companies facing a…