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Africa
Brokerslink confirms new status and further expansion into eastern Europe and Africa
Brokerslink, the global broker network, confirmed this week during its member conference in Venice, Italy that it has completed its transformation from a not-for-profit group into a profit-making business.
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CRE Insurance
UK non-life insurers increasingly pessimistic about future
Business volumes for non-life UK insurers fell for the second consecutive quarter but profitability remained broadly stable, according to the latest CBI/PwC Financial Services Survey. It also reveals that general…
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Europe
European Risk Frontiers Survey 2014–Spain
Below are the findings from the Spanish leg of our European Risk Frontiers Survey, this year sponsored by HDI-Gerling. The questions are focused on two key areas. Firstly, the developing…
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Europe
New corporate risk profile demands wider business skills–Spain
Risk managers will increasingly need to have a firm grasp of financial issues, in addition to areas traditionally under their control such as insurance, according to leading Spanish risk professionals.
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Europe
Lack of clarity on Solvency II rules remains big worry for captive owners–Spain
The creation of new captive companies is becoming an increasingly tough exercise because of Solvency II, Europe’s planned new capital adequacy and reporting regime, according to leading Spanish risk managers.
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Europe
Unreasonable insurance demands on the rise in construction sector–Spain
Leading risk professionals in Spain have warned that construction and concession companies have to deal with an excess of insurance requirements demanded by clients that commission large infrastructure projects.
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Europe
Risk manager certification tricky as skill sets widen–Spain
The creation of a pan-European certification scheme for risk managers is a laudable project, but one fraught with difficulties because of the evolving nature of the profession, according to leading…
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Europe
Limited Latin American cat risk cover a concern for Spanish risk managers–Spain
The shortage of supply of Latin American catastrophe coverage is the biggest coverage headache for Spanish companies with operations in the region, according to Commercial Risk Europe’s poll of leading…
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Europe
Risk managers vs internal auditors: Confusion needs to be cleared up–Spain
Risk managers at major companies in Spain believe their profession needs stronger commitment from boards to realise its full potential, but also a clarification of the role that internal auditors…
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Europe
Economic recovery, consumer demands & regulation top Spanish risk agenda–Spain
Spain’s long-running economic woes, changing consumer behaviour and regulatory risks rank among the main threats faced by Spanish companies today, in the view of leading risk managers in the country.
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Europe
European Risk Frontiers Survey 2014–Portugal
As part of this year’s European Risk Frontiers project, carried out by the Commercial Risk Europe team and this year sponsored by HDI-Gerling, we held a roundtable meeting with leading…
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Europe
Facilitating the risk owners–Portugal
Risk managers must operate as facilitators within their companies to help the various and diverse departments take responsibility for their own risks, according to participants of the Portuguese leg of…
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Europe
Balancing technical & soft skills–Portugal
Technical knowledge is important for risk managers but the deployment of soft skills, such as leadership and communication, are also likely to define whether their efforts succeed or not, Portuguese…
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Europe
Transparency remains a concern for some–Portugal
Portuguese companies would like to see more transparency from their insurance brokers to avoid any conflict of interest.
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Europe
Risk managers must be able to say…NO–Portugal
Risk managers must not be scared of saying no in order to add value to their companies, according to participants of the Portuguese leg of our European Risk Frontiers Survey.
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Europe
Economic downturn remains major risk in Portugal–Portugal
The long-running economic crisis, environmental risks and natural catastrophes rank among the biggest threats faced by Portuguese companies today, according to leading risk managers from the country.
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Europe
Contracting out risk critical in foreign markets–Portugal
Given sluggish domestic demand, Portuguese companies have looked to foreign markets as an alternative source of income. In doing so they have encountered a number of risks. To mitigate some…
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Europe
Insurers not delivering on renewable energy & cyber risks–Portugal
The insurance market has failed to provide satisfactory solutions for renewable energy and cyber risks, leading Portuguese risk managers said during our European Risk Frontiers Survey 2014.
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CRE Insurance
Aon quits Inex24 to launch own portal
Insurance broker Aon is leaving Inex24 because it believes the IT insurance placement platform is not up to scratch.
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CRE Insurance
Class actions kick off in France but little impact expected on insurance coverages
Class actions have arrived in France, with the first case hitting the courts a few hours after a law introducing the concept came into force yesterday. But the new law…
