Supply Chain
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European business calls for more proportionate view of supply chain liability
A host of European business groups, including BusinessEurope, have called on the EU to ensure that its coming Corporate Sustainability…
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Storm risk mitigation efforts in focus as hurricane season begins
With the 2023 hurricane season looming, organisations in vulnerable areas should ensure they are prepared to recover quickly if a…
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Corporate transparency ‘critical’ across supply chains in conflict zones: GRI
Corporate transparency is “critical” during conflicts and wars amid growing expectations over conflict-sensitive due diligence, according to the Global Reporting…
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Cost of software supply chain cyberattacks predicted to jump 76% to $81bn by 2026
The cost of software supply chain cyberattacks to business could exceed $80.6bn globally by 2026, a 76% increase on $45.3bn…
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Capacity issues remain for Swedish risk managers
Swedish risk managers are still struggling to get the capacity they need despite an apparent softening of the market. While…
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Companies neglecting the impact of ESG on insurance
A general ignorance around the impact of sustainability on the role of insurers is in danger of compromising companies’ risk…
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RIMS meeting urged to strengthen supply chain networks
Supply chain integrity can be disrupted by a variety of factors, but organisations can bolster their defences against interruptions in…
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Coface warns of supply chain tensions for 2023
Credit insurer Coface has warned that supply chain tensions driven by the war in Ukraine are likely to continue for…
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Ferma sets up critical raw materials project group to monitor new rules proposal
Ferma has created a new project group to work on the increasingly important area of critical raw materials following the…
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New supply chain risk assessment tool launched
A new supply chain risk assessment tool has been launched to help companies map out high risk countries and sectors…
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EU proposes critical raw materials regulation to bolster supply chain due diligence
The EU has proposed a regulation that would establish a framework for ensuring a secure and sustainable supply of critical…
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Semiconductor firms in radical supply chain overhaul amid ‘wafer-thin’ insurance options
A survey by WTW reveals that more than half of semiconductor firms have made big supply chain changes over the…
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ESG rules under fire as European business calls for less red tape
European companies see energy prices, the regulatory environment, particularly ESG rules, and tax as the biggest barriers to attracting EU…
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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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BI insurance protection ‘wafer-thin patchwork’ for supply chain risk
A survey of supply-chain risk decision makers at large companies around the world by WTW has revealed that most suffered…
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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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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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Growing demand for global programmes in Asia Pac
Demand for international insurance programmes in the Asia-Pacific region grew in the last quarter of 2022 as businesses there continued…
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SME group calls for big changes to EU Supply Chain Act
The VDMA, which represents more than 3,500 German and European SME mechanical and plant engineering companies, has urged lawmakers to…
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Turkey’s port fire to bring $679m in trade losses: Russell Group
A large container fire at Turkey’s Iskenderun port caused by the country’s powerful earthquakes will drive trade losses of $679m,…