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News

Crypto assets among top 14 emerging risks for insurers

Crypto assets among top 14 emerging risks for insurers

Underwriting cryptocurrencies, non-fungible tokens (NFTs) and other types of crypto assets is among the top 14 emerging risks for insurers worldwide, Swiss Re has warned.
Wednesday 22nd June 2022
Open-access content
TPR launches pensions dashboard deadline campaign

TPR launches pensions dashboard deadline campaign

The Pensions Regulator (TPR) has today launched a new campaign urging pension trustees to prepare for their dashboard deadlines, with many still not ready for next year's phase-in period.
Wednesday 22nd June 2022
Open-access content
Flooding and droughts forecast to cost cities $194bn annually

Flooding and droughts forecast to cost cities $194bn annually

Climate-related flooding and droughts are likely to impact millions more people and cost the world’s major cities $194bn (£158bn) annually by 2050, new research suggests.
Wednesday 22nd June 2022
Open-access content
IFRS 17 costs forecast to reach up to $24bn

IFRS 17 forecast to cost insurers up to $24bn

The global insurance industry is forecast to spend up to $24bn (£19.6bn) implementing the new IFRS 17 accounting standard, which is significantly more than was projected a year ago.
Tuesday 21st June 2022
Open-access content
ABI publishes auto-enrolment 'action plan' for next decade

ABI publishes auto-enrolment 'action plan' for next decade

The UK government should gradually increase minimum pension contribution rates from 8% to 12% over the next 10 years, the Association of British Insurers (ABI) has recommended.
Tuesday 21st June 2022
Open-access content
Consultation launched on net-zero framework for finance sector

Consultation launched on net-zero framework for finance sector

The Glasgow Financial Alliance for Net Zero (GFANZ) has today launched a consultation on a new common framework for financial institutions to demonstrate the integrity of their climate plans.
Wednesday 15th June 2022
Open-access content
TPR outlines priorities for next two years

TPR outlines priorities for next two years

Tackling pension scams, measuring value for money for savers, and helping schemes become 'dashboard ready' are the key priorities for the Pensions Regulator (TPR) over the next two years.
Wednesday 15th June 2022
Open-access content
SME cyber risk exposure to spike amid cost-of-living crisis

SME cyber risk exposure to spike amid cost-of-living crisis

Small and medium-sized enterprises (SMEs) will increasingly look to cancel their cyber insurance policies this year due to expensive premiums and the cost-of-living crisis.
Wednesday 15th June 2022
Open-access content
UK and US business leaders struggling to manage geopolitical risks

UK and US business leaders struggling to manage geopolitical risks

Few business leaders across the UK and US feel able to manage current geopolitical risks well, with concerns around inflation and the possible consequences of war up significantly since last year.
Wednesday 15th June 2022
Open-access content
Investors call for mandatory health standards for food companies

Investors call for mandatory health standards for food companies

A coalition of investors managing £6trn in assets has called for the introduction of mandatory health and sustainability reporting standards for UK food companies.
Tuesday 14th June 2022
Open-access content

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