Category:

Risk Management

Latest

Pool Re makes terrorism cover more accessible to U.K. businesses

“Pool Re recognizes that different buyers have different profiles, and we need to continuously adapt to their needs,” said Steve Coates, Pool Re CUO. “Widening the definition of SME – who receive business interruption cover at no cost when they buy a physical damage policy – means that we can offer more affordable terrorism cover and as a result, better accessibility to a wider range of companies.”

read more

Major commercial plane crash deaths worldwide fell by more than 50% in 2019: group

To70 said the aviation industry spent significant effort in 2019 “focusing on so-called ‘future threats’ such as drones.” But the MAX crashes “are a reminder that we need to retain our focus on the basics that make civil aviation so safe: well-designed and well-built aircraft flown by fully informed and well-trained crews.”

read more

Vatican tribunal processes ‘Tsunami’ of clergy sex abuse complaints

“We’re effectively seeing a tsunami of cases at the moment, particularly from countries where we never heard from (before),” said Monsignor John Kennedy, the head of the congregation’s discipline section, which processes the cases.He was referring to allegations of abuse that occurred for the most part years or decades ago. Argentina, Mexico, Chile, Italy and Poland have joined the U.S. among the countries with the most cases arriving at the congregation, known as the CDF.

read more