European Risk Frontiers survey already throwing up surprising results – take part!

European Risk Frontiers survey already throwing up surprising results – take part!

European Risk Frontiers survey already throwing up surprising results – take part!

Our annual european risk Frontiers survey of Europe’s leading risk managers, sponsored again by HDI Global, is this year being expanded to include a wider range of risk professionals by adding snap polls at industry events and online Q&As with our readers. This approach has already produced some interesting results that we believe will pose serious questions for the insurance…

The right to be forgotten

The right to be forgotten

The right to be forgotten

The recent global focus on Facebook and Cambridge Analytica’s use of data and the forthcoming General Data Protection Regulation (GDPR) have thrown the spotlight on data and privacy issues. An important issue in this context is whether an individual has the right for that data to be removed or forgotten. A recent UK High Court ruling has found that individuals…

Developing a climate resilience strategy

Developing a climate resilience strategy

Developing a climate resilience strategy

Climate change is no longer an ‘emerging risk.’ It has become a reality, with concentrations of carbon dioxide in the atmosphere now in excess of 400 parts per million and growing evidence of a rise in the frequency and intensity of extreme weather events. But it is more than just the climate that is changing. Rapid urbanisation, ageing infrastructure, increased…

Risks and opportunities in South Africa and Chile

Risks and opportunities in South Africa and Chile

Risks and opportunities in South Africa and Chile

Emerging markets are key areas for growth for multinational companies across all industries. Economic growth means a growing need for insurance and reinsurance. Not only can they help protect against natural disasters – which many emerging economies are more susceptible to than other, more developed, economies – they can play a vital role in protecting and therefore attracting foreign investment…

The simple guide to the pros and cons of non-admitted insurance

The simple guide to the pros and cons of non-admitted insurance

The simple guide to the pros and cons of non-admitted insurance

For many years, global programmes included a large element of non-admitted insurance around the world, taking advantage of the ‘grey area’ in regulations in many countries. However, in recent years there has been a tightening of regulations by supervisors in most countries, and risk managers are increasingly concerned about compliance. As a result, local policies are now a high priority.…

Market Report – Brazil: Regulatory changes and greater flexibility point the way

Market Report – Brazil: Regulatory changes and greater flexibility point the way

Market Report – Brazil: Regulatory changes and greater flexibility point the way

The Brazilian economy has taken a hit in recent years, but the country emerged from recession in 2017 and economists have suggested that the recovery, albeit moderate, may continue in 2018 and beyond. While the economic crisis appears to be over, the political crisis in the country continues, at least until the elections in October. In terms of insurance, Brazil…

Captives on standby for hard market

Captives on standby for hard market

Captives on standby for hard market

Captive insurers are looking to restructure captives to mitigate future increases in insurance rates and underwrite new lines of business, including cyber and non-damage business interruption. Captive insurers have had a tough time of late, as an increased regulatory burden has challenged the captive concept. Owners have been hit with a double whammy of rising solvency regulation and risk management…

International insurers get closer to French buyers

International insurers get closer to French buyers

International insurers get closer to French buyers

A number of international insurers have been looking to bring their expertise and products to commercial insurance buyers in France, with a greater focus on local servicing and underwriting. The French insurance market is one of the largest in the world. Business optimism has been rising under President Emmanuel Macron and following a marked improvement in the French economy. This…

Effective network management is key to successful global programmes

Effective network management is key to successful global programmes

Effective network management is key to successful global programmes

Risk managers require many things from their insurer when it comes to serving their global insurance programmes. To begin with, they are looking for a network that covers all the territories in which their company needs insurance and risk management services. But they are also concerned with how the network is set up, and the quality and performance of network…

Bringing value to the chain: how blockchain can be used to help risk managers with global programmes

Bringing value to the chain: how blockchain can be used to help risk managers with global programmes

Bringing value to the chain: how blockchain can be used to help risk managers with global programmes

Blockchain is predicted by some to become the fifth major wave in computing – after mainframes, personal computers, the internet and social networks. And there has been much hype about its potential use in insurance. Hélène Stanway, digital leader at XL Catlin, discusses how blockchain can help risk managers to do their jobs and how it can be used to…

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