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NEWS

Cyber resilience “not an optional extra” as UK and US governments seek to bolster defences

The governments of the UK and the USA have provided clear warnings to business this week that security standards in the war against cyber-crime need to be improved as a matter of urgency

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Megaberg adds billions of tonnes of water to Atlantic

The world’s biggest iceberg has pumped 152 billion tonnes of fresh water into the South Atlantic as it continue to melt as it makes its way north to warmer waters

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Retail sector warned of “headwinds” across 2022 after December slump

The CEO of the British Retail Consortium has said the retail sector faces a fight for survival in the year ahead as “headwinds” continue and consumers will be ever more selective in how they spend their shrinking disposable income

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Marsh uses Risilience to support client climate reporting

Marsh, the world’s leading insurance broker and risk advisor, has partnered with data analytics platform Risilience to support clients globally in understanding their climate change risks and meet their obligations in accordance with the Taskforce on Climate-related Financial Disclosures (TCFD)

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Campaigners look to shame oil and gas underwriters

Climate campaigners have released new research which names and shames the underwriters they say are fueling ongoing oil and gas production in Brazil

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PRA: tell us which stress test scenarios are material

The UK’s Prudential Regulation Authority, which is planning a formal launch of its Insurance Stress Test in May, has asked for more technical input from the market

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VOICES

WarnerBrothersFilms

Return to work woes as staff say “there’s no place like home”

As the UK looks to end its Plan B restrictions, and with it a return to work, there is growing evidence that staff are not keen to return to the workplace

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A sustainable approach to pricing

Pricing has been a much analysed and discussed topic in 2021, and the debate is likely to continue long into the new year

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Does the vaccine divide matter?

Climate change and environmental threats understandably dominate the list of long-term risks feared by global leaders, according to the World Economic Forum (WEF), as we report this week

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RISK in FOCUS – in association with the Institute of Risk Management

Risk in focus: Daniel Buciu

The Institute of Risk Management (IRM) talks to Daniel Bucui, Head of Risk Management & Insurance, OMV Petrom on what a career in risk is like and what advice they would share with people looking for a position in risk management

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Risk in focus: Ruth Macdonald

The Institute of Risk Management (IRM) talks to Ruth Macdonald, MIRM, IRMCert Risk Facilitator Risk Team, NHS Borders on what a career in risk is really like and what advice they would share with people looking for a career in the industry

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Risk in focus: Norman McNair

The Institute of Risk Management (IRM) talks to Norman McNair, Business Planner at NATO Communications and Information Agency (NCI Agency) on what a career in risk is like and what advice they would share with people looking for a position in risk management

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ANALYSIS

Insuring Hostile Cyber Activity: In search of sustainable solutions

The cyber landscape is evolving rapidly, with digitalisation expanding the range of threats and vulnerabilities, according to a new report by The Geneva Association

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Climate risks dominate global concerns

Respondents to the World Economic Forum’s Global Risks Report 2022  rank ‘climate action failure’ as the number one long-term threat to the world and the risk with potentially the most severe impacts over the next decade

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