Insurance & Reinsurance

Western (re)insurance markets now losing 10% to new Russian NRC

No case of non-payment of reinsurance indemnity due to sanctions clauses has been reported since the end of 2014. Nevertheless, Russia’s central bank is now attempting to counter these effects with the creation of the NRC. […]

Emerging Risk

QBE eyes full picture of cyber catastrophes with RMS system

  QBE Insurance Group has licenced the RMS Cyber Accumulation Management System as it attempts to model potential cyber catastrophes on a massive scale. As a proximate cause of loss, cyber risk has the potential to impact […]

Insurance & Reinsurance

Scale of EU insurance-related legislation revealed

An analysis of how EU legislation impacts on the insurance and long term savings industry has been published today by the Association of British Insurers. The in-depth ‘mapping exercise’ identifies around 80 pieces of EU […]

Emerging Risk

Companies must encourage whistleblowers says Economist Tim Harford

One of the UK’s leading economic commentators opened this year’s Airmic conference with a challenge against received wisdom and a call for companies to make whistleblowing easier. During his opening address at the Airmic Conference 2015, Tim […]

Emerging Risk

Theilgaard tells risk managers, “don’t treat climate change as a ‘Doomsday’ scenario”

Alternative sources of energy are not new technology, but we need better ways to integrate diverse energy sources into the electrical grid. Such problems can provide opportunities for companies to innovate. Jesper Theilgaard […]