Geopolitical
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June 17, 2022
Ukrainian risk manager says now is the time for insurance to prove its worth
A Ukrainian risk manager told Commercial Risk’s latest event that now is the moment for insurance to prove its worth…
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June 13, 2022
Resilience to geopolitical threat falls as risk increases, finds Beazley survey
A falling number of business leaders in the UK and US believe they are well able to manage geopolitical risks…
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June 13, 2022
State guarantees likely to provide enough cover to keep Russian ships sailing, say Reuters sources
State-owned Russian National Reinsurance Co (RNRC) is now backing the bulk of insurance cover for Russian ships through state guarantees,…
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June 9, 2022
Russia says state guarantees could bypass EU’s ban on insuring oil exports
Russia thinks it can bypass the EU’s ban on insuring ships carrying Russian oil to third parties by using state…
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June 8, 2022
Cyber remains number one risk for Airmic members
Supply chain and geopolitical risk have unsurprisingly shot up the risk management agenda in 2022, but cyber remains the number…
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June 7, 2022
Graham says risk managers are now centre stage as storm gathers pace
The perfect storm facing UK risk managers will gather force, warned Airmic CEO Julia Graham today, but she said the…
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June 7, 2022
Asia manufacturing hubs vulnerable to supply chain and climate risks
FM Global’s latest resilience index reveals that key manufacturing centres in Asia are exposed to high levels of climate and…
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June 6, 2022
UK backs EU insurance ban on Russian oil exports: reports
The UK is reported to have reached an agreement with the EU to ban insurance for ships carrying Russian oil.…
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June 1, 2022
Uncertainty causing big problems for business, says top Ukrainian risk manager
A leading Ukrainian risk manager has told Commercial Risk Europe about some of the biggest challenges facing his profession as…
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June 1, 2022
Von der Leyen maps out Europe’s risk management strategy for energy, defence and food
The European Union has stepped up its efforts to secure resilience in the face of Russia’s invasion of the Ukraine…
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May 31, 2022
Gazprom turns off the gas tap in the Netherlands
GasTerra, the Dutch gas wholesale company partially owned by the Dutch state, Royal Dutch Shell and ExxonMobil, has announced that…
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May 31, 2022
Netherlands calls for action on stranded Yemeni supertanker
The Dutch government has called for more urgent action to deal with the environmental threats posed by a decaying supertanker…
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May 30, 2022
Escalating energy prices and supply chain risk to slash Italian growth, warns industrial confederation
The ongoing war in Ukraine is having a major negative impact on the Italian economy and will likely drag the…
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May 27, 2022
Russia set to bring in law to confiscate multinationals’ operations
Russia is moving ahead with a law that would allow it to take control of local businesses owned by western…
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May 26, 2022
Companies warned of ransomware spike as cooperation with Russia crumbles and REvil reforms
A breakdown of international cooperation on cyberattacks following Russia’s invasion of Ukraine is likely to soon drive a rise in…
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May 26, 2022
Businesses face widespread security risk in world’s biggest cities, Verisk index shows
Some 22% of the world’s largest cities are running high or extreme security threats to businesses, according to risk intelligence…
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May 25, 2022
Swedish thinktank warns of ‘critical’ risks from confluence of climate change and war
The world is in danger of stumbling into a risk management crisis because of the worrying increase in both armed…
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May 23, 2022
Italy embroiled in cyber war with pro-Russian hackers
The Italian government is preparing itself for a cyber war with pro-Russian hacker groups that have already started an offensive…
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May 20, 2022
Zurich sells Russian business to employees and exits market
Zurich Insurance has sold its Russian business to 11 members of the local team and exited the country. Zurich Russia…
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May 19, 2022
Generali’s Q1 net result down 9% after €136m Russian write-down
Generali has posted 1% growth in operating profit to €1.6bn in the first quarter of 2022, which outpaced analysts’ expectations,…