Geopolitical
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Italian, French and German business groups call for regulatory truce
The Italian, French and German confederations of industry have sent a joint declaration to national governments and the EU, calling…
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Eiopa publishes dashboard to help tackle nat cat protection gap
The European Insurance and Occupational Pensions Authority (Eiopa) has released a dashboard that depicts the insurance protection gap for natural…
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Top European insurance economists agree inflation will be the driver in 2023
The German insurance association (GDV) recently gathered a group of chief economists with leading insurance and reinsurance groups, and all…
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Risk managers must innovate as models thrown into doubt by current crises
Risk managers must challenge some of the models and assumptions they rely upon to help mitigate the raft of current…
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Risk management and insurer groups urge US cyber backstop
A potential federal backstop for commercial cyber insurance markets in the wake of a catastrophic cyber event has drawn support…
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EU set to impose bloc-wide criminal penalties for breaching Russia sanctions
All EU countries will impose the same criminal penalties for breaches of sanctions against Russia under a new proposal by…
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ESG is worth it… despite the global meltdown
The Commercial Risk team arrived in Antwerp this week to host our latest annual conference, with Belgian risk and insurance…
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European packaging sector faces up to radical change through new EC waste rules
The European Commission (EC) has proposed a new set of EU-wide rules on packaging that it hopes will tackle “this…
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European court erases years of progress in battle against dirty money, claims Transparency International
The Court of Justice of the European Union (CJEU) has set back the fight against cross-border corruption by years, according…
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SMBC Aviation latest to sue insurers over Russian jet losses
SMBC Aviation Capital has become the latest aircraft leasing company to file a legal claim against its insurers for jets…
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Risk map reveals rising threats to business travel in 2023
Ukraine has entered the top five most dangerous countries to visit, after the outbreak of war increased its security risk…
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WTW launches geopolitical research programme
WTW has launched a new research programme that will focus on the biggest drivers of geopolitical risk and what global…
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Corporates face ESG risks as Verisk index finds democracy ‘under fire’
One third of countries across the world have seen risks to their democratic processes increase significantly during the past five…
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Risk managers must brace for global geopolitical ‘unravelling’, warns Dragonfly
Next year is set to be defined by a global geopolitical “unravelling”, warns the ninth annual Strategic Outlookfrom security intelligence…
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European corporate resilience will be tested by energy prices and borrowing costs: ECB
Following the sharp recovery and high profits seen during the past year, euro area corporates now face stagnating activity and…
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Verisk says 80% chance no Russia-Ukraine ceasefire by March
Verisk Maplecroft believes there is less than a one-in-five chance of Russia and Ukraine agreeing a full-scale ceasefire by 1…
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The role of the captive in a changing risk landscape
This week sees the start of the European Captives Forum in Luxembourg and a chance for insurers, brokers and captive…
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Ascot resumes Ukraine grain corridor cover after Russia returns to Black Sea Treaty
Lloyd’s insurer Ascot confirmed to Reuters that it has resumed quoting for shipments using the Ukraine grain corridor after Russia…
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German insurers told to ‘storm-proof’ their business
Dr Frank Grund, executive director of the German financial supervisor BaFin, has told the German insurance industry to steel itself…
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Aircraft lessor Carlyle sues insurers for stranded jets in Russia
One of the world’s largest aircraft lessors Carlyle Aviation Partners is reported to have begun $700m legal action against its…