RM News
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Finland seeks seizure of electric cable-cutting Russian tanker
Fingrid, the operator of Finland’s national grid, has applied to the Helsinki District Court to seize control of the Russian…
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Insurers and business face growing terrorism threat
The insurance industry is facing a growing threat from political and terror risk, with demand for cover set to rise…
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Kristen Peed named as new Rims president
Kristen Peed, head of corporate risk at Sequoia Benefits and Insurance Services, and a captive insurance industry leader, has been…
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Short-term economic risks hindering risk managers’ strategies
Companies face the threat of having their long-term risk management ambitions hampered by their senior executives' focus on short-term economic…
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ECJ rules suppliers are liable for defective products
The EU Court of Justice (ECJ) has ruled in a case against Ford Italia that suppliers of defective products can…
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Risk movement ‘well underway’ in Switzerland, says Sirm president
Swiss risk management association Sirm is planning to spread further across Switzerland next year and believes that the Ferma Seminar,…
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Dubai Aerospace paid further $201m for leased aircraft in Russia
Aircraft lessor Dubai Aerospace Enterprise said it has settled with insurers of jets stranded in Russia for a further $201m…
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Political instability top risk for corporates in 2025
Political instability has overtaken extreme weather to become the top risk for businesses in a poll of 500 risk and…
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Crypto crime exceeds $2bn in 2024
Funds stolen by crypto hackers exceeded $2bn in 2024, marking a 21% year-on-year increase and the fourth consecutive year that…
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Google warned over fingerprinting policy ‘u-turn’
The UK data protection body has warned Google it risks regulatory action when it allows organisations using its advertising products…
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Europe’s insurers risk 100 point drop in solvency ratio from geopolitical shock
A severe geopolitical shock would trigger a near-100 percentage point drop in the solvency of Europe’s insurers and wipe more…
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European Council approves delay in EU deforestation rules
The European Council has formally postponed application of the EU deforestation law by one year. The Council said the postponement…
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Zurich concerned over continuing rise in EU litigation funders
Zurich Insurance wants more focus on the rising number of litigation funders setting up in the EU and is concerned…
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Risk map highlights escalating geopolitical tensions
Heightened geopolitical tensions have led to an increase in security risk ratings, according to International SOS. The security and health…
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Climate change will drive 27% rise in flood-risk property in England
An additional 800,000 more properties in England are at risk of flooding than previously thought, according to updated assessments from…
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Global M&A up 15% in 2024
Global M&As are predicted to close 2024 with a value of $3.5trn, up 15% on the previous year, while the…
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Europe’s top 100 firms admit supply chain cybersecurity breaches
Almost all of Europe’s top 100 companies reported a breach at one of their suppliers in the past year, according…
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Regulatory overload a key risk, say Spanish risk managers
The raft of European regulations, and the compliance challenges they create for companies, rank among the top risks faced by…
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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…