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CRE Insurance
French companies turn to political risk insurance but prices up 30%
Demand for political risk insurance is on the rise among French companies, as they try to deal with their exposure to African markets that have been shaken by political turmoil…
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CRE Insurance
Planned new Spanish insurance contract law good news for buyers
The likely adoption of a new Spanish insurance contract law is good news for insurance buyers, according to risk managers and experts gathered at a meeting organised by risk management…
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Association News
Changes to Brazilian insurance law welcome but not enough-FERMA
The Federation of European Risk Management Associations (FERMA) has welcomed recent amendments to a much-criticised reinsurance law in Brazil, but believes they do not go far enough to address buyers’…
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CRE Insurance
Willis and S&P give warnings over Solvency II QIS5 results
Willis Re has reported that the results of Solvency II’s QIS5 study suggest that it will not bring about a capital deficit for the insurance sector as a whole, but…
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CRE Insurance
Piracy at all time high in 2011
Piracy has hit an all time high in the first three months of 2011 with 142 attacks worldwide, the International Chamber of Commerce (ICC) International Maritime Bureau global piracy report…
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CRE Insurance
German fidelity insurers expand coverage to increase take up from buyers
Due to relatively low demand German fidelity guarantee insurers are expanding their conditions to make their products more attractive for companies–a move welcomed by German risk managers
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Association News
Czech risk managers and brokers look to adopt transparency protocol
ASPAR CZ, the Czech risk management association, is in the midst of discussions with the country’s broker association on adopting a protocol to increase transparency and reduce conflicts of interests…
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CRE Insurance
Japan losses up to $26bn says RMS as reinsurers say market will harden
Modelling firm Risk Management Solutions (RMS) has this week estimated insured property losses from the earthquake and tsunami that struck Japan last month at between $18bn and $26bn.
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CRE Insurance
Time for action on global programmes is here-Comment
Last week’s Global Programmes seminar organised by CRE in partnership with AIRMIC concluded with an agreement by the leading insurers and Marsh to meet FERMA and AIRMIC in London to…
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CRE Insurance
Soft energy market broken but now in limbo—Willis
Energy insurance rates have stopped falling as a result of losses in early 2011, but with an abundance of capacity still in the market prices, in general, are not rising,…
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CRE Insurance
New German storm surge model should help widen cover for buyers
Aon Benfield has launched the first storm surge risk model for Germany to help drive the underdeveloped line of cover in the territory and ensure that the risk is not…
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CRE Risk Management
Risk mitigation must be employed against rising nat cat risk advises Allianz
With natural catastrophe losses on the rise Allianz has urged risk managers to properly implement risk prevention measures and lean on the expertise of insurers to help achieve best practice.
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CRE Insurance
AGCS makes two new board appointments
Allianz Global Corporate and Specialty (AGCS) have announced the appointment of two new members to its board of management. Andreas Berger, currently regional CEO of AGCS’s London branch, joins the…
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CRE Risk Management
AUDIO-IRM-Gert Cruywagen, director of risk at Tsogo Sun Group
Audio-Gert Cruywagen, director of risk at Tsogo Sun Group gives his Jungle Risk Management: risk lessons from the African bush presentation. It explains in an informative and humorous way how…
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CRE Risk Management
AUDIO-IRM-Dr Jeevan Perera, risk manager at NASA
Audio-Dr Jeevan Perera, risk manager at NASA discusses the risks that go hand in hand with landing on far-flung asteroids and Mars, shooting up space debris and the commercialisation of…
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CRE Risk Management
AUDIO-IRM-Steve Fowler, chief executive of the IRM
AUDIO-Over the next week we will bring you in full some of the keynote presentations from the Institute of Risk Management’s Global Risk Management Professional Development Forum, held in Liverpool’s…
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CRE Risk Management
AUDIO-IRM-Paul Dwyer, security GRC principal at eircom Group
AUDIO-Paul Dwyer, security GRC principal at eircom Group discusses the underground economy of cyber crime and delves into the link between cyber crime, cyber terrorism and warfare. Mr Dwyer outlines…
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CRE Risk Management
Spread the gospel of risk!
The stars are surely aligned for corporate risk management like never before. The financial crisis proved to everyone who ever doubted it that failure to take apparently unknown or emerging…
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Association News
Deutsche Bank’s chairman Ackermann named FERMA Forum keynote speaker
As the Federation of European Risk Management Associations (FERMA) prepares for its 2011 risk management forum in October it has launched several educational initiatives for risk managers across Europe. It…
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CRE Risk Management
Founding a new tradition-Portugal
Portuguese companies are looking abroad to achieve growth in the face of a sluggish domestic economy. Their presence in fast-growing markets like Brazil and Angola create many opportunities, but also…