RM News
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Companies must ‘walk the talk’ as modern slavery risk escalates, warns Verisk Maplecroft
A quarter of countries have recorded a significant increase in modern slavery risk since the launch of a key tracker…
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Weak risk management exposed Australia’s BI insurers to Covid-19 losses: APRA
Australia’s commercial insurers “took their eye off the ball” in writing business interruption (BI) policies that could have exposed them…
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Cyber threat escalates with Ukraine war and rising ransomware, warns AGCS
Ransomware continues to be the biggest cyber threat facing organisations of all sizes across the world, according to Allianz Global…
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UK regulator to crack down on greenwashing
UK investment firms and fund managers marketing their products as sustainable or green will have to be able to substantiate…
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UK’s ICO warns most cyber breaches caused by complacency as it hands out £4.4m fine
The UK’s information commissioner has warned companies that the biggest cyber threat comes from complacency not hackers, as his office…
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Credit Suisse to pay €238m to settle French tax fraud investigation
Credit Suisse has agreed to pay €238m to the French government to settle tax fraud allegations. The Swiss bank will…
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Aon finds just a third of business leaders feel prepared to cope with recession
A new survey by Aon has found that 79% of c-suite leaders and senior executives polled expect a recession but…
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Fears over climate change and geopolitical risk grow in AXA poll
Climate change has now become the number one risk across all regions of the world in AXA’s annual poll of…
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MS Amlin fined £9.7m for risk management breaches
MS Amlin Underwriting (MSAU) has been fined almost £10m for risk management and governance failings during a five-year period to…
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Munich Re warns ‘bleak’ economic outlook for Europe will drive pricing
Munich Re said the outlook for Europe’s economies has become “bleaker” in the past few weeks, as it warned insurers…
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Risk managers take on BCM oversight in drive for resilience
Business continuity management (BCM) programmes are increasingly falling under the oversight of risk management departments, a trend that is expected…
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Stonegate will appeal Covid-19 BI claim against MS Amlin, Liberty and Zurich
UK pub group Stonegate has said it will appeal some elements of a court judgment earlier this week after it…
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BusinessEurope calls for urgent action on energy prices and supply chain disruptions
BusinessEurope, the federation that represents 40 employer and industry groups across the EU, has told the European Council that more…
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Italian risk managers focus on digital risks at Milan conference
Italian risk managers will focus on digital risks and artificial intelligence when they meet at the Milan Convention Centre on…
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German insurers propose natural hazard ID card for buildings
The German insurance industry’s representative body GDV has proposed the introduction of a natural hazard ID card to be used…
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Parima unveils Resilience Week programme
The Pan-Asia Risk and Insurance Management Association (Parima) has unveiled its Resilience Week programme of events, which will include the…
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Europe’s risk managers must urge caution over inflated ESG claims
European companies are falling over themselves to promote their ESG credentials as investors, credit rating agencies, regulatory bodies and even…
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Companies are ignoring coating risk
Risk managers and insurers are failing to appreciate the economic impact when industrial painting or coating goes wrong, according to…
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WTW appoints Dufraisse MD of Luxembourg captive operation
WTW has appointed Alain Dufraisse as managing director of its Luxembourg Captive and Insurance Management Solutions (CIMS) office. In this…
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EU working on cybersecurity standards to boost risk management
A speaker from the European Union Agency For Cybersecurity (Enisa) told delegates at the Ferma Forum that it is developing…