All risk management articles
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NewsGeopolitical risk reaches a 5-year peak
The conflict in Ukraine was the main driver of risk in 2022 with rising inflation sparking discontent further afield
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Commercial insurance rates continue to moderate, says Marsh
Cyber rates continue to rise at slower pace; financial and professional rates fall for a second quarter
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Beazley reveals 13% rise in cyber fraud claims
Organisations must get smarter about educating employees to spot fraudulent tactics
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IoD: Directors’ confidence bounces back in January
This is the most positive level recorded since Russia’s invasion of Ukraine
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UK poised to finalise ‘failure to prevent fraud’ offence
New laws will target firms which lack adequate procedures to prevent fraud, false accounting, and money laundering
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Born to insure
From a family of insurance experts, Soni Srivastava was destined for a career in the industry
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Governments under attack as cyber threat grows
Russia’s use of cyber warfare in Ukraine to supplement its traditional war machine was among the most damaging in 2022
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Countries shifting into opposing blocs, finds Political Risk Index
The Western bloc has lost ground in all world regions, presenting risks for multinational companies
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UK insolvencies rise as Flybe and Paperchase collapse
Insolvencies to hit new highs over the coming months as supply chain woes tip the balance
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Hospitality firms feel unable to control their risks
Strategic risks are mounting post-pandemic as firms cite fears around reputational risk and underinsured BI losses
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WTW launches new cyber facility as ‘ransomware crisis’ continues
Broker offers up to $50m of Lloyd’s excess layer capacity, as firms continue to cite cyber risks as a top priority
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Risk is essential to an enterprising economy - UK Economic Secretary
The government must create the “right regulatory environment” to allow insurers and brokers to innovate
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Data of millions of JD Sports customers breached in cyber attack
The group has apologised to customers, calling on them to be ‘vigilant’ to the risk of fraud and phishing attacks
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Business outlook brightens despite geopolitical fears
Worries over further severe energy market disruption have eased at the same time as China’s Covid reopening - risk survey
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Global nat cat losses surpassed $313 billion in 2022 - Aon
Windstorm Eunice was the costliest individual European windstorm since 2010, with droughts also causing severe impacts
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Ferma urges Swedish Presidency to address cyber protection gap
Risk association calls for focus on cyber and sustainability protection gap to bolster EU competitiveness
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Parametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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Zurich teams up with South Pole to support clients’ net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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Swiss Re CorSo promotes CRO Arquint to EMEA CEO
She replaces Fred Kleiterp, who is leaving the company to become European general manager at Beazley
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Food and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
