-
CRE Risk Management
Regulation and compliance top global risk but double dip feared in UK-report
Regulation and compliance, cost-cutting and managing talent represent the top risks faced by global business, according to a recent Ernst & Young report. It also found that fear of a…
-
CRE Insurance
Monday’s Christchurch earthquake loss estimate up to $5bn
An earthquake that hit the already stricken New Zealand city of Christchurch on Monday is expected to cause $3bn to $5bn in insured losses, according to EQECAT.
-
CRE Insurance
Time for radical thinking?
In May Commercial Risk Europe held a lively seminar on global programmes in London and all parties agreed that industry cooperation is needed to try and improve this critical tool.…
-
Association News
Narim Conference: Risk managers told to step up reputation efforts
Reputational risk is higher than ever on the corporate agenda and its threat to industry on the increase as society evolves and stakeholders become ever more powerful, according to experts…
-
CRE Insurance
One small step-Comment
It is great news that AIRMIC, LIIBA and FERMA have managed to arrange a market meeting in London to kick start talks on a market agreement on global programmes and…
-
CRE Risk Management
Fortune favours the brave-Germany
This year’s Risk Frontiers meeting of leading German risk managers held during the recent Annual General Meeting of the DVS in Bonn found that German insurance buyers do not necessarily…
-
CRE Risk Management
A question of Perception-Spain
Spanish companies face a riskier environment today than in the past and a far greater awareness and perception of risk throughout the economy. As Spanish companies have rapidly spread across…
-
CRE Insurance
The independent candidate-Ken MacDonald
Miller is a London-based broker with a strategy to build its European corporate insurance business that is based on technical know-how, experience and transparency. Ken MacDonald was hired from Aon…
-
Association News
Firmly in the driving seat-Klaus Greimel
Klaus Greimel recently took charge of the DVS, the German insurance buyers’ association. Friederike Krieger asked Mr Greimel about the main challenges facing his members such as emerging risks and…
-
CRE Risk Management
New German arm of Institute of Operational Risk to boost profession
Operational risk experts have launched a German arm of the Institute of Operational Risk (IOR), a body that helps members to maintain and raise competency in the discipline, in order…
-
Association News
Airmic hopes for market-wide acceptance of non-disclosure clause
Airmic has issued standard insurance policy wordings to deal with what it calls ‘defects’ in the UK legal system. The association expects the voluntary wording —which substantially limits insurers’ ability…
-
Association News
Airmic launches guidebook to global programmes
Airmic has published a guide to help its members tackle the issue of compliance on global programmes, an issue rated by members as a leading concern in its latest survey.
-
Association News
Rates flat but buyers should prepare for increases says Airmic panel
Rates for corporate insurance may currently be flat, but buyers should prepare for increases in the longer term, according to leading insurer and broker panelists at the Airmic Forum today.
-
Association News
Boards urged to up their game as evidence shows risk blindness can lead to collapse
Events that bring down or seriously damage otherwise successful companies are normally the result of their boards’ failure to see - or just choose to ignore - underlying risks, according…
-
Benelux
Spanish farmers lose millions from E. coli accusations
Spanish farm producers are suffering large losses following health authorities in Germany wrongly blaming Spanish cucumbers for being the cause of the recent outbreak of E. coli. Losses have been…
-
CRE Insurance
CEA and other bodies up pressure on Argentina’s planned reinsurance rules
The CEA, along with 11 other international insurance, reinsurance and business associations, have written to the Insurance Superintendent of Argentina to express ‘strong concerns’ over planned reinsurance regulations.
-
CRE Insurance
US severe thunderstorms to cost insurers up to $7bn—AIR
The outbreak of severe thunderstorms that struck the US in May will result in insured losses of between $4bn and $7bn, according to latest estimates from modeling firm AIR Worldwide.
-
CRE Insurance
Portuguese non-life premium stagnant
Premium collected by the insurance sector in Portugal fell sharply in the first quarter of the year, according to data released by Instituto de Seguros de Portugal (ISP), an industry…
-
Association News
Global programmes is fastest rising concern
The compliance of global insurance programmes is the fastest-rising concern for Airmic members, according to a survey released yesterday in Bournemouth. The issue now ranks second only to reputational risk…
-
Association News
Harvey reports record AIRMIC numbers
Nicola Harvey, outgoing chairman of AIRMIC and Group Risk Director of Christie’s, wound up her year in charge by reporting yesterday that this year’s conference has attracted a record 760…