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CRE Insurance
Capital markets here to stay but emerging risk transfer options limited: expert
The capital markets are in the insurance and reinsurance market for the long term and will continue to evolve and develop innovative new risk transfer opportunities for the international risk…
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CRE Risk Management
Data analytics set to boost risk mitigation strategies
Advances in risk analytics can aid board level decisions on risk and strategy, as well as deliver more effective insurance purchasing.
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CRE Insurance
Don’t expect regulators & formulas to manage your risk says Van Hulle
Regulators and formulas do not manage risk but rather people and firmly entrenched risk cultures that have the backing from top management, Karel van Hulle, former head of pensions and…
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CRE Risk Management
Time to raise the fear factor
It is becoming increasingly clear to anyone who bothers to think about risk management that it simply makes good business sense and should not be adopted purely to keep the…
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CRE Insurance
The changing face of risk management & transfer service
Marsh’s Multinational Client Service (MCS) brings together more than 400 offices in over 100 countries to help multinational organisations manage their risks. Currently serving more than 20,000 multinationals and their…
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Association News
Narim’s risk manager of the year
Otto Bekouw, Head of Insurance and Risk management at technology firm Royal Philips, was presented with Narim’s 2015 Risk & Insurance Manager Of The Year award at the association’s annual…
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CRE Insurance
Navigating the cyber conundrum
Matt Cullina, CEO of identity theft and data breach protection company IDT911, talks to Ben Norris about the difficulties European insurance buyers face in navigating the developing but complicated cyber…
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CRE Risk Management
IRM to launch risk manager certification in July
The Institute of Risk Management (IRM) is set to award its first batch of Certified Risk Managers in July, launching what it believes will be a new gold standard for…
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CRE Insurance
Risk function and top management lack coordination over cyber threats
Better dialogue is needed between risk management, CEOs and boards at many European organisations to ensure they do not underestimate cyber risk or mistakenly believe they have relevant insurance cover…
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CRE Insurance
AM Best raises aggregation concerns as insurers fight for emerging risk
Credit rating agency AM Best believes that high competition in traditional lines is forcing London market insurers to look for growth in emerging risk areas such as cyber, which can…
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CRE Risk Management
Companies urged to boost resiliency to tackle global risks
Many large organisations are failing to build resilience and manage risk holistically with problems particularly acute in increasingly complex supply chains, according to experts from Control Risks. However, progress is…
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Association News
German cyber market grows but held back by inconsistent wordings and price
The German cyber insurance market is gaining momentum but is still held back by a lack of uniformity in wordings and inconsistent pricing.
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CRE Insurance
AXA promises more flexible wordings and comprehensive services in Brazil
After purchasing a large commercial risks operation in Brazil, AXA Corporate Solutions (AXA CS) has pledged to deliver flexible wordings in one of the most challenging jurisdictions for international programmes.
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CRE Insurance
Sustainable innovation and pricing needed for comm-tech firms
The big challenges facing risk professionals in the communications, technology and media (CTM) sector came under the microscope this week at an invite-only conference hosted in Amsterdam by the global…
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Aviation
Insurers facilitating drone use despite uncertain regulatory landscape
The insurance industry is willing and able to underwrite the risk of drones to facilitate the fledgling technology's benefits despite a lack of regulatory clarity over its use.
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CRE Insurance
Corporate round-up
JLT Re appoints Chris Bennett as partner to build cyber solutions, Pool Re appoints Bronek Masojoda as non-exec, JBA launches 'innovative' cat modelling platform to drive emerging market cover, AIG…
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CRE Insurance
Commission kick starts review of derivatives transparency system
The European Commission held a public hearing last Friday in Brussels as part of its review of the EU regulation on OTC derivatives, central counterparties and trade repositories (EMIR).
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Association News
Airmic backs CII’s international Chartered Insurance Risk Manager plans
Airmic is backing a move by the UK-based Chartered Insurance Institute (CII) to award the title of Chartered Insurance Risk Manager, a professional status that would place insurance buyers on…
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CRE Insurance
Terror threat mounts in Europe: Aon risk map
Seven European countries face an increased threat of terrorism and political violence, according to Aon's latest risk map.
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CRE Insurance
PartnerRe and AXIS maintain merger still on despite EXOR counter bid
The board of Bermuda-based PartnerRe said this week that it remains committed to concluding its planned merger with rival AXIS Capital despite the counter bid made by Italian investment group…