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Latest News

IRM Board member, Dorothy Maseke, CFIRM, attends COP27 and announces the creation of the African Climate Risk Facility

This facility by African insurers will take a targeted approach to respond to climate risk by committing to underwrite $14bn to cover climate risks to protect 1.4 billion people on a cumulative basis by 2030, against floods, droughts, and tropical cyclones.
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View from the Chair: Does your organisation behave in a risk intelligent way?

There is certainly never a dull moment in Westminster. After a series of scandals that culminated in the departure in September of Boris Johnson from Downing Street, and the subsequent appointment of not one, but two new prime ministers since, the furore surrounding Suella Braverman’s on-the-go Gmails may seem like small fry in comparison.
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Vacancy - Risk & Assurance Adviser - DSTL

Would you relish the opportunity to make a real difference to the way that DSTL manages risks and opportunities affecting the whole organisation?
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Editor's picks: Enterprise Risk Magazine


Businesses failing the digital trust test

Businesses are failing the digital trust test as their ability to protect customers lags expectations, according to a survey by McKinsey.

It found that while 70 per cent of consumers trust the companies they do business with to protect data, 57 per cent of executives in those companies said they had suffered a material data breach during the past three years.

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Financial firms struggling to quantify climate-related risk

Financial firms are struggling to quantify climate-related risk, according to the sector watchdog the Prudential Regulatory Authority (PRA).

After analysing audit reports for 2021-2022, it wrote to firms in October highlighting key areas of note. Firms have taken action to enhance governance, data and risk assessments relating to climate change. However, auditors failed to identify specific risks of material misstatements in financial reporting.

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