News
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NewsWide area damage principle is key to quantifying BI claims
An uptick in COVID-related BI claims is expected following the UK FCA test case, primarily from the hospitality sector
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COVID-19 a “wake-up call”
Pandemic highlights the ”staggering potential” for uninsurable systemic risks, according to re/insurer Munich Re
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BoE: Climate disclosures will become mandatory
Setting out pathways to mandatory TCFD disclosures should be a “priority” for public authorities, according to the Bank of England
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Terrorism pools focus on systemic risk
New and emerging threats in the terrorism landscape, including the emerging CBRN threat and hostile cyber, were discussed during the virtual event
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ICO fines British Airways £20m for data breach
It is the Information Commissioner’s biggest data breach fine to date and falls under the GDPR regime
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Cyber insurance transparency key to growth
PCS has launched a new data set to help the cyber insurance sector manage risk and capital more effectively
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Hurricane Delta claims up to $3bn - AIR
Hurricanes Laura and Delta made landfall roughly 12 miles and six weeks apart on the Louisiana coast
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Greece and Portugal count cost of September storms
Medicane Ianos brought rough seas, damaging winds, and flooding rainfall to western and southern regions of Greece
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FERMA: Trust with insurers has been eroded
Service quality and relationships are being deteriorated as the commercial insurance market hardens, say panellists
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Swiss Re and Daimler launch e-mobility MGA
“Movinx” will offer solutions for a sector being disrupted by technology and changing mobility service models
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FERMA’s Wegener predicts “new era for risk management”
Dirk Wegener said the COVID-crisis has demonstrated the value of the risk profession - FERMA Seminar 2020
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John Ludlow to step down as Airmic CEO
Ludlow has been CEO for nearly four years and will remain in his post until his successor is appointed in early 2021
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Mental health: Research reveals employee mistrust
One in four UK employees are hiding mental health challenges from their employers, finds QBE
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Conduct risk rises for financial firms
The pandemic is driving concern over mis-selling and improper business practices in the financial services sector - ORX
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Firms must build more resilient workforces
COVID-19 has created a new urgency to protect working people, with compulsory unemployment insurance a much-needed safety net - research
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Swiss Re Corporate Solutions and Hitachi launch ‘smart manufacturing’ solution
Insurance-based solutions will initially focus on manufacturing and transport firms that are adopting AI and other cutting-edge technologies
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How COVID-19 is reshaping the risk landscape
The pandemic will shape future loss trends with changes to working environments, travelling habits and supply chain networks, predicts AGCS
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Climate change analytics tool launched
Data suite from JBA will help global financial services firms plan for their future and understand possible flood risk under different climate scenarios
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H&M hit with record-breaking GDPR fine
The Swedish fashion house has been fined over €35m for breaching EU GDPR laws in a landmark ruling
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RIMS to host virtual ERM conference
The conference on 4 and 5 November will explore ERM as a catalyst for successfully navigating today’s volatile risk landscape
