Financial Risks

Virgin dispute serves to put reputational risk in the spotlight

The emerging area of reputational risk has been highlighted this week following a $251 million legal battle between Virgin Enterprises and US rail company Brightline

Frequent flyers suffer cyber blow

The loyalty programmes of some of the world’s biggest airlines have been hit by a sophisticated a cyber-attack it has been revealed

A week where the energy around energy has picked up

It has been a significant week in the energy industry and one that will have interested the insurance sector

UK government sits on the trade credit fence

The UK government has refused to be drawn on whether it will extend the current reinsurance agreement with trade credit insurers, according to the latest Budget unveiled by Chancellor of the Exchequer Rishi Sunak

The current scheme was introduced in June 2020 to ensure coverage for vulnerable businesses and protect against the impact of insolvency

Broker in cryptocurrency first

Aon is to launch a pilot scheme that will created the first tokenised, or blockchain-enabled, placement of insurance ever conducted with regulated, professional insurance entities

London market urged to take greater steps on ethnic diversity

A new study on the ethnic diversity in the London market has said there is still far more to do to make the industry more diverse and enable BAME staff to feel confident they can raise issues with their management