CRE Newsletter
-
ESG
November 29, 2023
Climate and net-zero disclosure falling short, finds EY
Disclosures about climate risk and how corporates will meet net-zero targets are “falling short”, says EY in its latest Global…
-
Cyber & Technology
November 29, 2023
UK legal sector faces surge in cyberattacks
Law firms in the UK have suffered a spike in cyber risk over the past two months as the sector…
-
Insurance
November 29, 2023
PPPs the way forward as society and insurers face up to huge risks: Huertas
Rising to the complex challenges presented by climate change, AI, cyber risk and social changes will need a more collaborative…
-
Cyber & Technology
November 29, 2023
UK and US agencies release joint AI cybersecurity guidelines
The UK’s National Cyber Security Center (NSCS) and the US Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA)…
-
ESG
November 29, 2023
Time for risk managers to step up to the plate on ESG risks, says Anra
Corporate sustainability is now a matter of “how” not “if” and must be fully incorporated into risk frameworks to manage…
-
CRE Risk Management
November 28, 2023
UK exposed to millions in additional flood losses from climate change
The impact of climate change will add millions to the UK’s losses from flooding, according to a new study from…
-
CRE Insurance
November 28, 2023
The Swedish Club offers cyber cover to P&I buyers
Protection and indemnity (P&I) mutual The Swedish Club will add cyber insurance to its offering to shipowner members from 1…
-
CRE People Moves
November 28, 2023
Tokio Marine HCC boosts UK professional risks team
Tokio Marine HCC International said it wants to pursue further growth in the UK regional professional risks market on appointing…
-
CRE People Moves
November 28, 2023
Allianz Commercial names new head of Germany and Switzerland
Allianz Commercial has appointed Michael Furtschegger to replace Hans-Jörg Mauthe as head of its operations in Germany and Switzerland. Mauthe,…
-
CRE Risk Management
November 28, 2023
EU and Canada sign disaster risk management partnership deal
The European Commission and Canada have agreed to enhance ties in civil protection and disaster risk management. During the recent…
-
Pandemic
November 27, 2023
Stonegate settles Covid-BI case with insurers
UK-based hospitality group Stonegate has settled its disputed Covid-19-related business interruption (BI) claim with insurers ahead of its appeal, which…
-
Legal & Regulation
November 27, 2023
UK court rules human rights grounds for Niger Delta claims against Shell
Nigerian communities affected by polluted waters and land can proceed with human rights claims against oil and gas firm Shell…
-
Legal & Regulation
November 27, 2023
Dutch firm Rabobank fined €26.6m by EC for euro bond cartel
Dutch bank Rabobank has been fined €26.6m by the EC for participating in a cartel that fixed trading of euro-denominated…
-
Risk Management
November 24, 2023
Risk management overload a top business risk in 2024, warns Control Risks
The never-ending spate of polycrisis and global tensions means that risk management overload has become one of the top five…
-
Italy
November 24, 2023
Perils increases loss estimate from Italy’s May floods to €509m
Catastrophe data specialist Perils has increased its insured loss estimate for floods in the Emilia-Romagna region of Italy this May…
-
Supply Chain
November 24, 2023
Auditors urge companies to do more to tackle ESG supply chain risk
Businesses should do more to tackle climate hazards running through supply chains, says the Chartered Institute of Internal Auditors (CIIA).…
-
ESG
November 24, 2023
Sustainability Directive big opportunity for risk managers but will require more resource, says rapporteur
The Corporate Sustainability Due Diligence Directive (CSDDD) will enable risk managers to get the attention of boards but will cost…
-
ESG
November 24, 2023
Lloyd’s consults on supporting clients to net zero
Lloyd’s has launched a consultation among member firms on how it will insure customers as they transition to lower-carbon business…
-
Captives
November 23, 2023
UK to follow French lead as government consults on new captive regime
The UK risk and insurance management community received good news from its government this week, which announced plans to deliver…
-
Risk Management
November 23, 2023
Uncapped government backstop needed for ‘uninsurable’ cyber and climate risk: Geneva Association
Systemic and emerging risk is reaching the limits of insurability, in particular for climate and cyber threats, says a new…