RM News
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Analytics and technology can lead to broader coverages, says leading broker
Analytics and technology will play a critical role in helping organisations manage complex future risks and in enabling the insurance…
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Auer succeeds Stahl as Talanx CRO
Talanx has promoted Simone Auer as chief risk officer (CRO) to take over from Gerhard Stahl on 1 May 2023.…
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Ex-Ferma presidents lead Brokerslink’s new risk management service
Global broking business Brokerslink has launched a dedicated risk management practice, led by former Ferma president Jorge Luzzi, to provide…
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Swedish risk managers urged to sharpen focus on geopolitical risks
Risk managers must integrate geopolitics into their risk models in order to make sense of an increasingly volatile and multipolar…
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Piracy attacks at lowest level in ten years
Global piracy attacks reached a ten-year low in the first quarter of this year, according to figures from the ICC…
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Debate hots up over sustainability and due diligence directive
The European Parliament (EP) will vote in the first week of May on the increasingly controversial Corporate Sustainability and Due…
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Dutch risk managers seek to ‘transform to perform’
Registration for the Narim Congress 2023, which takes place on Thursday 25 May in Maarssen, just outside Utrecht, is open…
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Ransomware attacks on the rise again, study finds
There was a notable uptick in ransomware incidents in February and March after a period of relative stagnation last year,…
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EC takes Belgium to ECJ for anti-tax avoidance failings
The EC has referred Belgium to the EU Court of Justice (ECJ) for failing to correctly transpose the Anti-Tax Avoidance…
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D&O liability concerns driven by cyber threats: WTW
Directors and officers ranked economic and cyber risks as the top concern for their business operations, according to a global…
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Concern over critical infrastructure failure jumps among TMT firms
Cyber incidents (59%) and business interruption (36%) remain the two biggest risks facing technology, media and telecommunications (TMT) companies, but…
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Aon warns of big gaps in energy storage sector’s cybersecurity
The battery energy storage system (BESS) sector must increase resilience to emerging cyber threats, warned Aon, as it identified “invisible”…
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Philips sets aside €575m for product recall litigation in US
Dutch health technology firm Philips has reserved €575m to cover a class action in the US related to a product…
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Credit Suisse bondholders sue Swiss regulator
Credit Suisse bondholders have filed a suit against Switzerland’s financial regulator following the write down of $16bn worth of additional…
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UK cyber agency alerts critical infrastructure of ‘destructive’ attack threat
Critical national infrastructure (CNI) organisations in the UK have been issued a cybersecurity alert warning of an “emerging threat from…
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One in four firms had to boost cybersecurity to get insurance cover
A new survey finds that one in four (22%) organisations around the world had to improve their cybersecurity to be…
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EC adopts €1.1bn cybersecurity package
The EC is set to invest €1.1bn to strengthen cybersecurity and raise resilience against the growing cyber threat. The Cyber…
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EU proposes package to bolster crisis and insurance management at banks
The EC has adopted a proposal to strengthen the EU’s existing bank crisis management and deposit insurance (CMDI) framework, with…
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BI and nat cats top risks for construction sector: AGCS Barometer
Business interruption (39%), including supply chain disruption, and natural catastrophes (34%) remain the top two risks facing the construction and…
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Political risk losses surge in 2022, finds WTW survey
An “unprecedented” 92% of companies reported a political risk loss in 2022, according to WTW, up from 35% in 2020.…