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EU plans new safety rules for the workplace wherever it is

In guidelines to protect almost 170 million EU workers over the 2021-2027 period, it will also seek to produce recommendations on mental health at work before the end of 2022.

Work-related accidents and illnesses cost the EU economy over 3.3% of gross domestic product per year, the Commission said. It said estimates showed that for every euro invested in occupational health and safety, the return for the employer is around twice as much as employees take less sick leave.

Remote work may shift 835,000 jobs out of London, Report Says

With more staff able to work remotely, offices could become venues for “fast-moving, high-value tasks,” the report said. Some roles are best suited to offices, including those that require special equipment or that need a secure, regulated environment, the authors noted.

“Overall, the insurance capacity in Asia is shrinking in the Power sector”

“Overall, the insurance capacity in Asia is shrinking in the Power sector. While the rate of hardening has now decreased for most lines of business from last year’s percentage rises, the pressure to keep pushing for year-on-year increases shows little sign of abating. It is important for Power companies to work closely with their risk advisors, using risk and analytics tools to help them manage their cost of risk through purchasing the right limits and retention levels for their insurance programmes.

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