RM News
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March 7, 2023
Former AMRAE president concerned about commitment from insurers in face of systemic risk
Former Amrae president Brigitte Bouquot is concerned about the commitment of the commercial insurance market and urges all parties to…
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March 7, 2023
First half ransomware attacks to match 2022’s total, warns CyberCube
Ransomware and extortion attacks are predicted to match last year’s total in just the first six months of 2023, according…
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March 7, 2023
UK’s flood costs set to rise by up to 23%
New research finds that climate change is set to increase the annual cost of UK flooding by up to 23%…
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March 7, 2023
Climate change could cost Germany €900bn by 2050
German experts commissioned by the federal government have warned that economic damages from catastrophic events caused by climate change could…
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March 6, 2023
Ericsson pays $200m fine after breaching agreement with US DoJ
Swedish telecommunications firm Ericsson will pay an additional $206m and admit to two criminal charges after breaching a deferred prosecution…
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March 6, 2023
German business calls on EU to water down due diligence directive
The German business community, represented by the Confederation of German Industry (BDI) and Confederation of German Employers’ Associations (BDA), has…
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March 3, 2023
Women travelling for work feel less safe than men: survey
A big majority of women travelling for work (71%) say they are less safe than their male peers, according to…
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March 2, 2023
Pressure builds on EU firms as Cyber Resilience Act progresses
Risk managers across Europe who work for firms that manufacturer, import or even distribute any products that contain digital elements,…
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March 2, 2023
Aon survey confirms employee wellbeing enhances corporate performance
Aon’s latest Global Wellbeing Survey shows that improving employee wellbeing factors can enhance company performance by between 11% and 55%.…
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March 1, 2023
Credit Suisse found guilty of ‘serious’ risk management breaches in Greensill affair
Credit Suisse “seriously breached” its supervisory risk management obligations over business relationships with financier Lex Greensill and his companies, the…
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March 1, 2023
UK construction profits hit by supply chain woes
Three in five (59%) UK construction companies hit by supply chain issues over the past year have seen once profitable…
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March 1, 2023
Surge in cyberattacks from China last year: CrowdStrike
Non-ransomware data theft and extortion campaigns by cyberattackers against businesses increased 20% in 2022, according to cybersecurity firm CrowdStrike. It…
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February 28, 2023
Negotiating a tough market needs skill, partnership and commitment: Malan
François Malan, chief risk and compliance officer at Eiffage, sees three core reasons for the continuing tough primary corporate insurance…
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February 28, 2023
Sanctions-related insurance disputes to rise as EC adds latest package
As the EC announces its tenth package of sanctions against Russia, law firm Clyde & Co expects rising sanctions-related insurance…
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February 28, 2023
AGCS warns ‘heightened’ political violence and civil unrest to deteriorate further
Companies face “heightened” and growing risk of political violence and civil protests driving losses through damage to buildings or business…
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February 28, 2023
Hackers mount 91m cyberattacks a month against honeypot SMEs
Cyber insurer Coalition recorded a total of 91 million cyberattacks in a month against decoy computers set up to deceive…
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February 28, 2023
Fundamental change needed to cope with maritime lithium-ion fire risk
A leading German maritime safety expert has warned that onboard fire detection and extinguishing systems need to “fundamentally change” to…
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February 28, 2023
SRS secures further investment as captive boom continues
Strategic Risk Solutions (SRS), the independent insurance company manager, has announced a partnership with investment firm Integrum Holdings to enhance…
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February 27, 2023
Three-quarters of EU essential services don’t buy cyber cover: ENISA
Three-quarters of operators of essential services (OESs) surveyed by the EU Agency for Cybersecurity (ENISA) don’t currently buy cyber cover,…
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February 27, 2023
Cyber captive growth to continue
Captives will be increasingly used by European companies to provide cyber coverage as demand grows and prices for commercial market…