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Europe
Social changes and cyber threats create new risks for Portuguese firms – Portugal
Social changes and new threats linked to IT systems and supply chain disruptions are creating new exposures for Portuguese companies but the insurance market has not always been able to…
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Europe
Flow of information is key to concerns over claims services – Portugal
Insurance companies have shown an increasing tendency to dispute the payment of large losses, according to a leading Portuguese risk manager.
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Europe
No hard market in sight – Portugal
Risk managers taking part in the Portuguese round of Commercial Risk Europe’s Risk Frontiers survey reported a similar view to their colleagues in other European countries who have found little…
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Europe
The forever rising tide – Europe
John Ludlow is Senior VP and Head of Global Risk Management for London-based InterContinental Hotels Group. The hospitality industry has seen big changes in recent years and managing the risks…
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Europe
From the top down – Turkey
Koc Holding is Turkey’s largest conglomerate, with companies involved in energy, consumer goods, financial services and other sectors in domestic and international markets. Murat Güsar serves as General Manager of…
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Europe
The view from Istanbul – Turkey
Aysan Sinanlioglu is responsible for risk management at Dogus Holding AS, the Istanbul-based holding company parent of Dogus Group. The Group is involved in financial services, automotive, construction, media, tourism,…
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CRE Insurance
German companies likely to face rate rises following flooding – Funk
With insured losses from the recent heavy flooding in Germany estimated at up to €4bn, industrial companies will now likely face price increases for property cover, according to a leading…
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CRE Insurance
Insurers concede they must up game to maintain relevance
Leading insurers admit that they need to up their game in order to avoid losing relevance to insurance buyers and their companies.
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CRE Insurance
Trade credit rates rising across Europe
European trade credit insurance rates are rising because of an increase in bad debt losses, according to Marsh.
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CRE Insurance
Growing use of cheap foreign IT equipment increasing UK cyber risk
Risk managers must beware that a trend for British companies to use cheap foreign IT equipment as budgets are squeezed is putting organisations and the UK economy at increased risk…
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Benelux
Dutch/Belgian risk managers and insurers agree to disagree
The transfer of emerging risks, managing the threat of terrorism and political violence, ensuring regulatory compliance for directors across the world and mandatory financial security to cover environmental risk in…
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CRE Risk Management
Certification schemes controversial but implementation moves closer
Moves to certify risk managers could prove more controversial than first thought, as some fear the discipline would not be well served by the constraints of professional status. However, supporters…
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CRE Insurance
Make hay while the sun shines
Buyers of corporate insurance and reinsurance coverage in Europe, and indeed worldwide, have enjoyed a remarkably good run in recent years as cheap cover just keeps on coming.
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CRE Insurance
European premiums recover in 2012
Figures from the European insurance trade body, Insurance Europe, show that premiums in the region have returned to growth after falling in recent years.
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Association News
Airmic sets sights on archaic wordings
With a lack of claims certainty dominating the concerns of UK risk managers polled in Airmic’s latest member survey, the association has published a guide and model wording to neutralise…
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Association News
Zurich invites other insurers to collaborate on database
Zurich Global Corporate says that its Multinational Insurance Application (MIA) database could be the first step in creating a common industry approach to regulatory and tax compliance for global insurance…
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Association News
Airmic calls for better risk reporting as standards fall
Risk reporting at public listed companies is not up to scratch, according to Airmic and the Institute of Chartered Secretaries and Administrators (ICSA). They are urging the Financial Reporting Council…
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Association News
New capital may have big implications for buyers
New capacity flowing into the insurance market from the pension fund industry is helping flatten out market cycles and is creating opportunities for insurance buyers, according to an expert panel…
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Association News
This is the time…
The discussion at Airmic this week has not surprisingly largely centred on the fundamental relationship between risk managers, brokers and insurers.
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CRE Insurance
Immature cyber risk management placing UK business at risk
An immature approach to cyber risk management is placing organisations at risk with poor communication to senior management about the potential threats exacerbating matters.