Airmic provides a 24/7 media service, giving information and comment to journalists on topics relevant to risk management and corporate insurance. We also produce contributed articles. Please contact Leigh-Anne Slade, leigh-anne.slade@airmic.com
While news on the negotiations to end the Ukraine-Russia war has been dominating the headlines, it is the policy changes around climate and energy – out of the many policy changes of the new US administration – that present the second biggest exposure risk for organisations, the Airmic Big Question survey this week revealed.
Eighty-five percent of respondents in this week’s Airmic Big Question survey said their organisations are ‘very well prepared’ or ‘somewhat prepared’ for weather-related natural catastrophes.
The UK should create a class-based or graded regulatory regime for captive insurance companies, comparable to those in place in Bermuda and Singapore, Airmic said in its submission today in response to HM Treasury’s Consultation on captive insurance.
Geopolitical risk has overtaken cyber incidents and changes in regulation over the course of the year as the top risk facing organisations, as this week’s Airmic Big Question survey of Airmic members revealed.