reputational risk News

General Mills Recalls 1.8M Boxes of Cheerios Due to Allergy Risk

General Mills is recalling 1.8 million boxes of Cheerios and Honey Nut Cheerios produced at a plant in Lodi, California, saying the cereal is labeled gluten-free but actually contains wheat. The recall affects Cheerios and Honey Nut Cheerios that were …

Technology, Supply Chain and Regulatory Risks Top Concerns for Global Businesses

A new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list of concerns for businesses across Europe, the Middle East and …

Berkshire’s Specialty Insurer to Sell Business-Crisis Coverage

Warren Buffett’s Berkshire Hathaway Inc. will begin selling coverage through its specialty insurance unit to businesses to help manage costs of responding to reputation-damaging events. The new coverage provides as much as $100,000 to hire a crisis-management consulting firm to …

Reputation the Hardest Risk to Manage According to New ACE Research

92 percent of companies believe that reputational risk is the most challenging category of risk to manage, according to a major new study from ACE Group conducted across 15 countries within its EMEA (Europe, Middle East and Africa) region. ACE’s …

Cyber Threats Main Concern for Insurance Decision Makers: AIG Survey

A survey of perceptions about cyber risk sponsored by the American International Group, Inc. (AIG) found that among corporate executives, more are concerned about cyber threats than about other major business risks. More than 85 percent of the 258 decision-makers …