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Africa
Europeans look for close African ties
Politicians across Europe are calling for closer ties with Africa after a series of recent summits.
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Africa
Risk management needs to be more than entertainment
Risk managers have been told to make sure they take action and not just keep busy without achieving concrete results. The warning comes from Dave Ingram, an executive vice president…
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Africa
South Africans must push on with new solvency regime
South Africa has postponed the introduction of its new Solvency Assessment and Management (SAM) regime for insurers, although it is imperative that the new risk-based framework is rolled out in…
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Africa
Get out the soapbox! – comment
Welcome to the fifth issue of Commercial Risk Africa, which marks a significant milestone in the development of this exciting new publication. This is because this issue is edited by…
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Africa
Africa’s terrorism and political threat still high
Aon’s 2013 Terrorism and Political Violence Map has pointed to a continued threat of a terrorist attack or political violence as 44% of countries across the world measured have an…
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Africa
Namibia, vast space, concentrated risk
A large, sparsely populated country of around 2.2m people, Namibia is mainly a resource and agriculture-based economy. Mining accounts for 8% of its Gross Domestic Product yet provides more than…
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Africa
Protecting the borders – Namibia
With white collar crime proving a headache for Namibian business, the country finds it is also challenged with fraud risk originating from neighbouring territories. The automotive industry has been no…
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Africa
Sector Focus: Tourism – A pleasurable risk
Tourism continues to boom worldwide despite economic difficulties and Africa is enjoying a boom currently. But recent high profile accidents and catastrophic events have highlighted the need for careful personal…
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Africa
Sector Focus: Agriculture – Time for growth?
Earlier this year the World Bank said Africa’s agricultural business could create a trillion-dollar food market by 2030. Commercial Risk Africa Editor Liz Booth talked to Christina Ulardic, from Swiss…
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CRE Insurance
Growing reinsurance capital is welcome news for buyers
New capital flowing into the reinsurance market is increasing competition for peak zone catastrophe cover, which should mean more affordable insurance capacity is made available to corporate buyers.
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Association News
Opinion divided on new UK regulatory regime—Airmic gives cautious welcome
On 1 April the UK ushered in a new regulatory regime with two new bodies, the Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA), replacing the Financial Services Authority…
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Association News
The time is right–comment
Last month saw an excellent RIMS conference and easily the best that this observer has attended in over 20 years of reporting on this market.
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Association News
Cooperation and innovation needed to boost risk industries, says Narim
Greater risk industry cooperation and innovative thinking from key players are needed to meet the challenges of a rapidly changing world, according to risk managers attending the Dutch risk management…
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Benelux
The view from Europe – Europe
The interviews with leading European risk managers for the Global Risk Frontiers survey have been carried out since the start of the year and published in various guises within Commercial…
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Europe
Fraud – an inevitable risk factor in China
The risk of falling foul of corruption and bribery laws in their home countries has emerged as one of the most important threats faced by multinational companies doing business in…
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Europe
Global programmes and US exposures
How does the US fit into a global insurance programme? This is an important question for many risk managers of multinational companies. The US can often be viewed by multinational…
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Europe
Understanding and managing sanctions
Companies navigating the global marketplace must tread carefully in the area of economic sanctions, according to a white paper from AIG. 'What You May Not Know About Sanctions (And How…
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Europe
Cyber Risk – A global problem (Part Two)
The growth in cyber attacks is helping raise awareness of cyber risk around the world. Corporate decision makers are deeply concerned about the exposure their companies face with cyber-related risks.…
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Europe
Aon report highlights programme preferences
Multinational companies tend to use corporate headquarters to control placements when it comes to global insurance programmes, but a significant minority also allow local offices to purchase certain lines. This…
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Europe
Tax and regulatory news
Nebraska signs MMoU, South Korea introduces compulsory Fire Legal Liability insurance, Italian tax modification, Moody's reports on global insurance solvency regimes, CBI publishes new statement of tax principles for business,…