Airmic News

Latest news

Trick or Treat? 1st November 2024 The UK Budget on 30 October made history. It was the first budget to be delivered by a woman, and the first...
Donations for the Airmic Annual Charity are off to a flying start! 1st November 2024 Thanks to the incredible efforts of all the volunteers and corporate partners who took part in the London...
Airmic are delighted to announce that the annual Business Excellence Programme will once again run in 2025. 29th October 2024 Sponsored by AXA XL and supervised by Glasgow Caledonian University, this programme, exclusive to, and free...
New Airmic Political Risk Guide 31st October 2024 Published in association with McGill and Partners
CrowdStrike event could push more cyber risk into captives 29th October 2024 Uncertainly over where losses will fall with expected disputes over wordings CrowdStrike making captives r...
Captives can be key to managing climate risk 29th October 2024 Risk management is evolving to address climate change and sustainability challenges, with captives playing...
Tech-tonic shifts – How AI could change industry risk landscapes 29th October 2024 The potential benefits of artificial intelligence (AI) are immense. Swiss Re has written extensively on how...
Key risks are becoming insurable: FERMA survey of risk managers 31st October 2024 Fifty-three percent of risk managers think some of their organisation’s activities or locations will become...
Preparing for the Economic Crime & Corporate Transparency Act 31st October 2024 The Economic Crime & Corporate Transparency Act (ECCTA), the first significant provisions of which came...
Ready to Shape the Future of Risk Management and Insurance? 31st October 2024 The FastTrack Forum is here to give you front-row access to the latest in emerging risks, digital...
Fiona Davidge elected as Chair of Airmic 20th September 2024 Fiona Davidge was elected as Chair of Airmic at the Airmic Annual General Meeting on 10 September.  Fiona...
Stakeholder of AI code should be the business as a whole, Airmic says 3rd September 2024 Airmic has called for the UK government’s proposed Code of Practice on AI cyber security to consider the...
Tackling Cargo Crime in 2024 Cargo crime on UK roads has risen during the cost of living crisis. 4th September 2024 With cargo theft hitting record highs in 2023, it's crucial for brokers and customers to stay ahead of the...
Adopting a proactive approach to regulatory change 12th September 2024 In today's fast-changing business environment, the C-suite must adjust daily to numerous challenges that...
Urgent need to understand challenges faced in energy transition, Airmic says 4th September 2024 There is an urgent need to understand the challenges faced by risk professionals and their organisations as...
Insuring the truth: protecting your business against misinformation 9th September 2024 The world of insurance is at the forefront of the threats posed by the spread of misinformation and...
Momentum remains behind UK captive efforts 1st August 2024 While Labour’s election victory on 4 July is expected to delay progress on the proposed United Kingdom...
CrowdStrike IT outage: Guidance for Airmic members on the CrowdStrike outage and insurance implications – Priority actions 26th July 2024 This note is intended to assist Airmic members in considering the insurance implications of the CrowdStrike...
Urgent Alert: Rising Threat of Hybrid Warfare in 2024 25th July 2024 KCS Groups monitoring reveals a significant uptick in hybrid warfare activities, primarily driven by...
Risk Management Fundamentals (RMF) Course 2nd August 2024 We are excited to announce that after a highly successful pilot, the Airmic Risk Management Fundamentals ...
Endorsed Learning Providers - New from Airmic 28th February 2024 To gain the Airmic Endorsement Mark, carefully selected third party learning providers offering their own...
Allianz Safety and Shipping Review 2024 25th July 2024 Shipping losses hit an all-time low despite increasing risks for the whole sector:
Insurance Without Borders: Mitigating Global Instability with Global Delivery 25th July 2024 Every international business faces a delicate balancing act – maintaining a uniform, consistent standard of...
Past Case, Present Lessons: Essential Insights for NEDs 25th July 2024 Past Case, Present Lessons: Essential Insights for NEDs Good practice guidance on directors’ duties.
GIIA, Airmic host first Guernsey Captive Conference 31st July 2024 The first GIIA and Airmic Conference was heralded a “great success” with a capacity audience of over 200...
Who will foot the bill for Pre- investigation interviews with the serious fraud office? 25th July 2024 The Personal Liability Implications for Directors of the SFO’s New Investigatory Powers
UK business leaders reporting rising concerns on risk of litigation regarding ESG targets 29th February 2024 Gallagher research reveals ESG litigation is now considered a significant and growing risk to businesses...
Long-awaited Audit reform makes it into King’s Speech 1st August 2024 New regulator to replace the Financial Reporting Council (FRC)...
Airmic in Edinburgh 1st July 2024 Great things happened when we worked together to consider Tomorrow’s Risks Today.
The optimist: Airmic’s chair urges the industry to confidently sell itself as a destination career 20th June 2024 Six months into her tenure as Airmic chair, Angela Iannetta reflects on how the risk profession has evolved...
Unlocking Tomorrow’s Careers Today: Highlights from This Year’s Airmic Annual Conference Student Programme 20th June 2024 The Student Programme at this year’s Airmic conference was a great success, with over 30 attending from...
The Big Question… 12th April 2024 Airmic has been saying that the real-time monitoring of risks is important.
See you In Edinburgh! 10th April 2024 Our world is turbulent, suffering from geopolitical, economic and climate tensions, with risks and...
Monday is a full day – and all delegates are welcome! 16th April 2024 In 2024, the first day of the conference will be open to all with a packed programme of ‘101’ learning...
Airmic is back in Dublin! The Island of Ireland Conference – Dublin – 3 October 2024 15th April 2024 This popular event will once again take place at the Intercontinental Hotel with a day packed full with...
RSA Sponsors Airmic Mentoring Program 11th April 2024 We are delighted to announce that RSA has kindly agreed to join us as sponsor of the Airmic Mentoring...
Leadership Masterclass Series 2024 10th April 2024 We’re delighted to announce the launch of this year’s hugely popular Leadership Masterclass Series.
Airmic Live: Cyber attacks and the tide of misinformation 12th April 2024 Airmic Live – the webinar series dedicated to keeping Airmic members primed on the key trends and...
New Senior and Associate Partners ahead of Edinburgh 2024 Conference 11th April 2024 Airmic’s partnership space continues to thrive with the addition of a new Senior Partner and two new...
4 things to consider when choosing an international insurer 11th April 2024 With the ever-evolving global landscape from post-pandemic consequences to the cost-of-living crisis, war...
Many UK businesses are unprepared to meet incoming anti-terrorism laws 11th April 2024 New terrorism preparedness legislation is expected to become UK law later this year, but many businesses...
The 2024 Airmic Captives Forum – 6 March at Lloyd’s 12th April 2024 What a day! The programme at the third Airmic Captives Forum did not disappoint. With a capacity attendance...
Russia’s war in Ukraine turns two: insuring risk now, not afterwards 28th February 2024 As Russia’s war in Ukraine enters its third year, how is the insurance market working to sustain Ukraine’s...
Airmic Captives Long Read: Importance of iNEDs rising as captives become more complex 28th February 2024 As the popularity, complexity and sophistication of captives continues to increase, the importance of...
Exploring the risks of AI across the accounting Profession 28th February 2024 The recent declaration issued by countries attending the AI Safety Summit hosted by the UK Government at...
Endorsed Learning Providers - New from Airmic 28th February 2024 To gain the Airmic Endorsement Mark, carefully selected third party learning providers offering their own...
Rethinking transportation and logistics supply chains 28th February 2024 The transport and logistics industry has a market value of $9.7trn and underpins $89trn of global trade....
Become a member of Airmic and join a community of professionals who are driving the transformation and change of our profession. 28th February 2024 As an Airmic member, you will find answers to support your professional development through accessing the...
Towards real-time risk monitoring: Airmic launches the Big Question 28th February 2024 Airmic launched the Big Question on 5 February, marking a new and innovative way in which Airmic will be...
Red Sea shipping attacks: supply chains under strain 28th February 2024 Since November, dozens of merchant ships have been targeted in the Red Sea. Attacks on shipping are...
Gibraltar seeking new captive position: from: Airmic Correspondent Richard Cutcher 28th February 2024 Nigel Feetham MP, Gibraltar’s new Minister for Justice, Trade and Industry, has invited local stakeholders...
M&A trends in the UK insurance sector 28th February 2024 The signs at the start of 2024 point to it being a busy year for M&A activity, though it may be the...
Russia’s war in Ukraine turns two: insuring risk now, not afterwards 28th February 2024 As Russia’s war in Ukraine enters its third year, how is the insurance market working to sustain Ukraine’s...
The Economic Crime and Corporate Transparency Act 2023: A Questionable Late Christmas Present for Companies and Senior Managers 28th February 2024 On 26th December 2023, the attribution rules relating to corporate criminal responsibility for economic...
New UK Corporate Governance Code 29th February 2024 New UK Corporate Governance Code
UK business leaders reporting rising concerns on risk of litigation regarding ESG targets 29th February 2024 Gallagher research reveals ESG litigation is now considered a significant and growing risk to businesses...
Just released - The Twelve Months of Airmic 16th January 2024 Just released - The Twelve Months of Airmic
Risk Leadership – Managing AI’s risks and opportunities 13th December 2023 The Risk Forum hosted a ‘fireside conversation’ which considered what organisations should be doing now to...
Checkmate or stalemate: The global standoff between world leaders and citizens – KCS Europe 13th December 2023 From the beginning of 2023, the geopolitical landscape has been marked by a series of escalating tensions...
Promoting Talent, boosting resilience and growing the pool 14th December 2023 The theme of this issue of Airmic News echoes that of the recent Risk Forum and Exhibition hosted by Airmic...
Marsh McLennan launches ‘Unity’ collaboration to insure Ukrainian Black Sea exports 13th December 2023 Broking group Marsh McLennan has announced that it is working with a number of parties, including banks,...
Delay announced to Blueprint Two at Lloyd’s 13th December 2023 Phase two of the Lloyd’s market’s digital transformation plan has been put back from October 2024 to April...
Resilient cities study rates New York top and London third 13th December 2023 City level planning is driving resilience, according to a study by The Economist in association with...
EU told new director regulations would create 'confusion and complexity' 13th December 2023 The European Union has been urged to drop plans to create a fresh batch of regulations on directors'...
All the winners from the Airmic Excellence Awards 2023 13th December 2023 The Airmic 2023 Excellence Awards took place at our Annual Dinner, with the event hosted by Airmic’s chair...
Disaster insurance reimagined – an interview with co-author Paula Jarzabkowski 13th December 2023 A new open-access book, downloadable for free, focuses on the evolution of public-private disaster...
Court of Appeal confirms courts can compel parties to engage in ADR – Clyde & Co briefing 13th December 2023 The decision on alternative dispute resolution (ADR) is anticipated to have widespread impact and departed...
Nick Hughes awarded Honorary Vice President of Airmic 13th December 2023 Nick Hughes collected a certificate for the rare honour at the Airmic Annual Dinner 2023.
Airmic welcomes UK Government plans to introduce a captive insurance regime, 2024 consultation 13th December 2023 The UK government has signalled its intentions to introduce a national regime for captive insurance...
13th December 2023 A new consultation from Lloyd’s aims to aid insurance market stakeholders’ transition to net zero.
Rebuilding culture and regaining trust 31st October 2023 The CBI’s chief people officer and Principia Advisory’s CEO are to address the Airmic Risk Forum on 23...
Control Risks: Israel-Hamas conflict to heighten cyber espionage and disruptive cyber threats 31st October 2023 On 7 October 2023, the Palestinian militant group Hamas launched a surprise, multi-pronged terrorist attack...
KCS Europe: Saudi Arabia travel advice 31st October 2023 Intelligence briefing provided by Stuart Poole-Robb, James Poole-Robb and Lucas Lyons of KCS Group Europe.
Escalation risks mount beyond Gaza for Israel’s conflict with Hamas 31st October 2023 The risk of regional conflict in the Middle East was addressed by Elizabeth Stephens, managing director,...
Ukrainian grain and its relationship to African food security and political stability 31st October 2023 Crispin Hodges, head of trade political risk, Canopius, discussed the consequences for political...
Silent Partners – organised crime’s black market activities 31st October 2023 A troubling and complex issue has emerged in response to the US-led sanctions on Russia following its...
Government to delay audit reform plans 31st October 2023 The UK government will be omitting its overhaul of the UK’s audit and corporate governance regimes from...
Spotlight on Business Travel–The inside view from risk managers – business travel risk and ISO 31030 6th November 2023 To get a clear picture of how the ISO standard is being used to support business travel risk management,...
Aon finds that cyber risk is an increasingly relevant topic for pension schemes 31st October 2023 A pensions sector risk survey from Aon highlights little common ground for trustees and sponsors....
Allen & Overy and Shearman & Sterling finalise merger agreement 31st October 2023 A merger between two corporate law firms will create third-largest legal firm in the world by total...
Broader pipeline required for captive iNED positions 31st October 2023 The Guernsey captive market is working hard to develop a broader pool of suitable candidates for...
HSF: The winds of change – What next for public law climate disputes in the UK? 31st October 2023 Initially reluctant courts may play a bigger role in protecting green targets in future as high-profile...
Martyn’s Law still in need of fine-tuning, says law firm 31st October 2023 Financial and administrative burden on smaller events and organisations may be too high.
New FRC research highlights ongoing gender imbalance in actuarial profession 1st November 2023 The Financial Reporting Council (FRC) has published new research examining gender imbalance amongst...
This week we are reading : Disaster Insurance Reimagined : Protection in a Time of Increasing Risk. 6th November 2023 As natural disasters increase in frequency around the globe leaving countries struggling to respond to the...
Cyber market still has ground to make up, says Gallagher Re 31st October 2023 The reinsurance broker says that the cyber insurance market is developing rapidly, but blind spots exist,...
Lloyd’s models potential $3.5trn exposure from major cyber attack 31st October 2023 The London insurance market has undertaken a scenario analysis of a major cyber catastrophe event that...
31st October 2023 Reinsurance giant says move towards digital will bring opportunities but also hazards....
Island of Ireland Forum: risk profession facing a fraught decade, says Airmic CEO 31st October 2023 Julia Graham, CEO of Airmic, delivered a speech to welcome attendees to the second Island of Ireland Forum,...
Island of Ireland Forum: Personal injury in Ireland – a rapidly changing landscape 31st October 2023 Following 20 years of stagnation, the personal injuries landscape in Ireland has over the last two years...
Captives work best in collaboration with commercial market 31st October 2023 Captive insurance companies are most effective for the parent group when operated alongside the commercial...
Airmic Sustainability SIG 1st November 2023 Impassioned debate thrived at the latest meeting of the Airmic Sustainability SIG, as participants debated...
Call for new Airmic Board Members 24th October 2023 Interested in making a difference and contributing to the strategic direction of your association? ...
Airmic Annual Report 2022 now available to download 13th October 2023 Airmic Annual Report 2022
The Future is Now. The Future is AI 4th October 2023 In this exclusive interview with Dr. Daniel Hulme, we delve into the forefront of AI technologies and their...
ABI director addresses Airmic AGM 21st September 2023 ABI director addresses Airmic AGM
Airmic welcomes new chair Angela Iannetta 21st September 2023 Airmic welcomes new chair Angela Iannetta
Ireland’s Finance Minister to open 2023 Island of Ireland Forum – open for registration 4th October 2023 Jennifer Carroll MacNeill, Minister of State at the Department of Finance, Government of Ireland, with...
China’s Post-Pandemic Euphoria Didn’t Last – Moody’s Analytics 21st September 2023 Katrina Ell, director of economic research, Moody’s Analytics and Harry Murphy Cruise, economist and...
Ukraine war risk and geopolitics at the top of IUMI’s agenda 21st September 2023 President of IUMI Frédéric Denèfle focused on geopolitical risk events in comments to the media and in his...
Airmic weighs in on proposed revisions to UK Corporate Governance Code 21st September 2023 A roundtable co-hosted by Airmic on 5 September on proposed revisions to the UK Corporate Governance Code...
Airmic’s new Construction SIG: What’s on the agenda? 21st September 2023 The latest of Airmic’s Special Interest Groups (SIGs), the Construction SIG is set to meet on 11 October,...
The Future of Food - Balancing Risk and Opportunity 21st September 2023 Agriculture makes up a substantial percentage of the world’s greenhouse gas emissions, prompting farmers,...
Play-by-play techniques for the agile risk professional currently fielding a spreadsheet-based roster 4th October 2023 When deciding on whether to invest in a RMIS or to keep grinding risk and insurance information in Excel,...
IUMI president characterises marine insurance role as “strength and stability in turbulent seas” 21st September 2023 Opening the International Union of Marine Insurance (IUMI) annual conference in Edinburgh, IUMI’s president...
IUMI: sanctions and a “dark fleet” circumventing them loom large as marine risks 4th October 2023 Sanctions on Russia are evolving fast and here for the long-term, IUMI speakers noted, while the dark fleet...
Electric vehicles’ fire risk and transportation safety under IUMI’s spotlight 21st September 2023 Recent alarm about fire risks for EVs, particularly when transported in large numbers as cargo, was a focus...
Swiss Re chief economist delivers upbeat forecast 21st September 2023 Jérôme Haegeli spoke to Airmic News editor David Benyon at the recent reinsurance rendezvous about...
Regulator puts onus on Government to oversee Brexit dividend of £100bn insurance investment 21st September 2023 The head of the PRA answered MPs’ questions at a meeting of the Treasury Sub-Committee on Financial...
City Minister hosts captive roundtable at the Treasury 4th October 2023 Experts from across the global risk transfer value chain joined City Minister Andrew Griffith to consider...
Celebrating the Success of Our First Belfast SIG! 4th October 2023 The success of our first Belfast Business Networking Group meeting (SIG) was made possible by the...
Leadership Masterclass Series 2023 4th October 2023 Following the summer recess, we’re delighted to announce the continuation of the 2023 Leadership...
AI expert confirmed as fastTrack keynote speaker 2nd August 2023 CEO of Satalia and chief AI officer for WPP, Dr Daniel Hulme, will be a keynote speaker at Airmic’s next...
The FSO Safer insurance deal: A ticking time bomb – Howden broker interview 2nd August 2023 A decaying tanker off the coast of war-torn Yemen represented an ecological time bomb, until a London...
High inflation is having broad implications on the insurance sector. 2nd August 2023 Airmic hosted a roundtable, under the Chatham House rule, about the recent effects of high inflation on the...
AXA XL launches Excess Emissions insurance product 2nd August 2023 AXA XL has launched an Excess Emissions Insurance product to help marine insurance clients manage their...
The digital age will give lawyers plenty to think about – Airmic CEO 2nd August 2023 Airmic CEO Julia Graham appeared on a podcast hosted by Howden.
Martyn’s Law to impact casualty pricing across next two-to-three renewals – Aon 2nd August 2023 The UK’s incoming Protect Duty legislation – also known as Martyn’s Law – has the potential to drive up...
Prepare to protect – Pool Re hosts Martyn’s Law webinar 2nd August 2023 The Protection of Premises Bill, otherwise known as Martyn’s Law, was the topic of a recent webinar hosted...
The Airmic Excellence Awards return for 2023 2nd August 2023 The Airmic Excellence Awards will return to the Annual Dinner on 5 December 2023.
NEW Learning Brochure 2nd August 2023 Welcome to Airmic Learning!...
Is technology the next big disruptor for captives? 2nd August 2023 One stand-out evolution of the Airmic Conference exhibition hall since our ‘return’ post-pandemic has been...
Market hedging, non-aviation risks driving captive conversations among airlines 2nd August 2023 Captive formation activity has been slow going for airlines, with large, established carriers benefitting...
Regulatory trends, evolving risk profiles prompt update to Captive Governance Guide 2nd August 2023 Airmic published an update to its Captive Governance Guide at Conference, with additional insight on...
Using captives for ESG risk? How to get it right 2nd August 2023 “Can we insure ESG risks and does it make sense to use our captive?” A question risk managers are facing...
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