RM News
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UK overhauls regulation that is ‘too risk averse’
The UK government said the current state of regulation in the country “holds back growth” and has fallen behind other…
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FM opening research centre in Europe to boost risk mitigation
FM is opening a European Science and Technology Centre in Luxembourg to help share and boost risk mitigation practices with…
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Ferma takes next step in delivering rimap certification to Brokerslink members
Ferma has delivered its first five-day rimap® risk management certification preparatory course for Brokerslink members to help boost risk management…
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France investigates TotalEnergies over liability for Mozambique terror attack
Prosecutors in France are investigating energy firm TotalEnergies for involuntary manslaughter following an Islamist militant attack in 2021 near a…
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French firms still looking at Luxembourg for their captives
Despite a flurry of new onshore captives in France, some French companies are still looking to create their risk retention…
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Luxembourg risk association launches training programme
Alrim, the Luxembourg Association of Risk Management, has launched Risk Academy, a training institute dedicated to risk management for investment…
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EU pharma and cosmetics bodies mount legal action over wastewater treatment rules
Europe’s cosmetics and pharmaceuticals industries have launched legal action in the EU General Court, challenging new legislation on wastewater treatment…
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Class action closes against BHP for Brazil dam collapse
The High Court in London heard closing arguments yesterday before retiring to decide if Australian mining firm BHP Group should…
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Descartes expands cyber parametric coverage to Spain
Parametric insurance specialist Descartes has expanded its cyber parametric coverage for enterprises to Spain, following launches in France and Germany…
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Most UK firms keeping DEI policies: Airmic
The vast majority of UK companies (77%) are retaining their diversity, equity and inclusion (DEI) policies, according to a survey…
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French Senate votes for four-year delay to CSRD
France could push back implementation of Europe’s Corporate Sustainability Reporting Directive (CSRD) by four years after a vote in the…
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Proactive claims management can curb large verdicts
As ‘nuclear verdicts’ rise, companies should take a proactive approach to risk and claims management, a panel of experts said…
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FCA drops diversity and misconduct proposals
The UK’s financial watchdog has rowed back on proposals to broaden the rules on publicising cases of non-financial misconduct, including…
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Ferma calls for insurance exclusion from EU’s public sector procurement rules
Europe’s risk and insurance managers have called for insurance policies to be removed from the EU Public Procurement Directives (PPD),…
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D&O experts put spotlight on AI coverage risks
Artificial intelligence took the spotlight during the Professional Liability Underwriting Society’s (PLUS) directors and officers liability insurance symposium in New…
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North Sea vessel collision to cost insurers $100m-$300m: Morningstar DBRS
Insured losses from the vessel collision in the North Sea this week have been pegged by analyst Morningstar DBRS at…
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Ransomware claims driven by VPNs and firewalls: Coalition
Most ransomware claims filed by global cyber insurance policyholders were traced back to compromised virtual private networks (VPNs), firewalls or…
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Supply chains threatened by heightened geopolitical risks, says Marsh
Heightened global geopolitical tensions and protectionist trade strategies threaten to destabilise supply chains in 2025 and certain geopolitical assumptions may…
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European regulators set to ease requirements for captives
European captive owners face significant regulatory hurdles, but potential changes could reduce the number of filings companies need to make,…
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Pool Re proposes standard terrorism cover for SME property risks
UK terrorism reinsurer Pool Re is consulting on proposals that would reintroduce terrorism cover as a standard feature of commercial…