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CRE Insurance
AIG announces new EMEA structure and key personnel changes
AIG has announced a new structure to its Europe Middle East and Africa (EMEA) operations and made senior appointments to implement the new regime.
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Association News
Ferma to tackle diversity in risk management with gender focus
Ferma's board has agreed a project to promote diversity within the federation and the broader risk management community.
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CRE Insurance
ECJ rules data retention law is invalid
An EU directive that forces telecommunications companies to store the communications data of EU citizens for up to two years has been ruled invalid by the European Court of Justice.
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BI
How to best help organisations assess country risk–Julia Graham, Ferma president
Carrying out due diligence is key for any organisation considering whether to enter a new market or country, with early risk management involvement crucial to successful decision making and planning,…
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CRE Risk Management
Governments falling short on risk management warns IRM chair
The European Commission and governments across Europe are failing to adequately address risk management, Richard Anderson, Chairman of the Institute of Risk Management (IRM), has warned. Echoing calls from other…
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Association News
More capacity needed for environmental marine risks say experts
Experts warned this week that environmental risks for ships and oil platforms are on the rise and that more insurance capacity may be needed for the market to face the…
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CRE Insurance
Boom time for energy market buyers as capacity hits record level
Insurance capacity for both the upstream and downstream oil and gas insurance markets has risen to the highest levels seen this century, according to global broker Willis.
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CRE Insurance
AXA Research Fund tackles new set of big risks
Climate change, coastal risks, big data and privacy are among the latest topics added to the list of research projects supported by the AXA Research Fund.
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CRE Insurance
Reinsurance buyers can expect long-term benefits from pricing and capacity competition: Aon Benfield
As traditional reinsurers look to match the lower pricing supplied by the abundant alternative capital in the market buyers can now realistically hope for a future without heavy margin loading…
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Asia
Corporate round-up
AXA Corporate Solutions appoints new regional CEO for Asia, AIG in Europe makes new appointments to trade credit team and Lockton appoints Mark Randall as Senior Vice President.
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CRE Insurance
GCC banking regulators defend record on corporate governance
Banking supervisors in the Gulf Cooperation Council (GCC) have defended the level of corporate governance and performance of risk managers within the region's banking sector, arguing that some of the…
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CRE Insurance
Global sanctions causing headaches for risk managers at Middle East banks
Financial institutions in the Middle East are facing increasing challenges to comply with, implement and monitor global sanctions.
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CRE Insurance
Stricter EU food labelling rules place companies at increased risk warns ACE
Forthcoming new EU food labelling regulation will tighten rules governing food and drink companies and, according to ACE, could lead to more product liability claims against such firms.
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CRE Insurance
Rising nat cat exposures demand timely response
A string of large natural catastrophes over the past five years has shown that no business is immune from the disruptive power of nature. Earthquakes in Japan and Chile, storms…
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BI
Weather-related BI risk should be centre of attention
Rising natural hazard exposures are a particular problem for business interruption and supply chain risks, experts say.
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CRE Risk Management
Preparation key to protecting staff & reputation in overseas crises
Preparation is crucial for risk managers looking to protect employees caught up in crises like the recent unrest in Ukraine or major natural catastrophes, says Rob Walker, Head of Information…
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CRE Risk Management
Now or never on risk education–comment
Recent trips to the Middle East to carry out research for the GCC regional leg of this year’s Global Risk Frontiers survey has firmly underlined the biggest challenge that faces…
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Association News
AGERS revamps for birthday
AGERS, one of Spain’s risk management associations, is celebrating its 30th anniversary this year with a host of activities that aim to strengthen its position as a centre for training…
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CRE Insurance
Evolving to meet customers’ needs–Jeff Moghrabi, ACE
Don’t expect radical change at ACE in Europe following the promotion of Jeff Moghrabi to Regional President Continental Europe. Evolution not revolution is the theme, he told Commercial Risk Europe…
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CRE Insurance
A job well done–Robert Benmosche, AIG
Following the financial crisis of 2008, AIG received a $182bn loan from the US government and taxpayers to save its business, which had been severely damaged by a foray into…