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CRE Insurance
New EU rules will ‘name and shame’ less safe shipping companies
The European Commission has adopted new rules to enhance and improve the safety performance of ships, which will include the introduction of an online register to 'name and shame' shipping…
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CRE Insurance
Quinn Insurance Ltd. gets red light
Quinn Insurance Limited [QIL], which went into administration last March, has been refused re-entry into the UK commercial insurance market by Ireland's Financial Regulator [FR] due to a lack of…
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CRE Risk Management
Institute of Risk Management makes four board appointments
The Institute of Risk Management [IRM] has announced four key appointments to its board.
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CRE Insurance
A journey into the unknown
Partnership between risk ‘owners’, brokers and carriers, transparency and how to tackle emerging risks were the dominant themes at this year’s DVS Symposium in Munich. CRE Editor Adrian Ladbury asked…
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CRE Insurance
Prices stable but outlook cloudy
European commercial insurance buyers should be relatively happy with the news from the annual reinsurance market Rendez-Vous in Monte Carlo this year as the reinsurers and brokers appear to have…
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Association News
DVS 2010
CRE brings you all the latest news from the DVS Symposium 2010 via our show daily newspapers. Produced in Munich as the conference unfolded they bring you all the developments…
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Association News
DVS seeks new president as Sigulla crosses the divide
Stefan Sigulla, President of the DVS and Managing Director of insurance at Siemens, confirmed this morning that he will leave Siemens to join Hannover-based HDI-Gerling Industrie as a main board…
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Association News
AON’s Case defends GRIP and transparency
Risk and insurance managers are ‘overwhelmingly’ in support of Aon’s Global Risk Insight Platform (GRIP) despite alleged fears about the cost charged to users and data security, Aon CEO Greg…
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Association News
Solvency II to impact German reinsurance buyers at renewal
Demand for more catastrophe reinsurance and a continuation of the gradual shift from proportional to non-proportional covers by German insurance companies is likely at this year-end renewal because of the…
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CRE Insurance
ECIROA joins IAIS to push global programmes plan
ECIROA has joined the International Association of Insurance Supervisors (IAIS) as an observer to help it pursue its effort to find a solution to the problems associated with global programmes.
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CRE Insurance
New Zealand quake will have limited impact on insurers
The damage costs resulting from the earthquake that struck the New Zealand city of Christchurch on September 4 will have only limited negative implications for insurers in New Zealand, according…
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CRE Insurance
Credit agencies fear stormy seas ahead for reinsurers
Rating agencies warn of rough times ahead for the global reinsurance market as catastrophe losses, excess capacity and a benign pricing environment combine.
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Association News
Partnership and clarity needed now
Greater transparency between insurance buyers, brokers and carriers and the inclusion of a far wider net of experts, within both corporations and insurers, are needed to push back the barriers…
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Association News
DVS members expect stable or even improved terms at year-end renewal
German industrial insurance buyers are in confident mood as preparations begin in earnest for the annual insurance renewals according to Commercial Risk Europe’s survey of DVS members carried out shortly…
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New dawn for credit insurance
Last year, and the year before, saw trade credit insurance on the front pages for all the wrong reasons. Huge losses in the market, limits culled, prices up, cover withdrawn…
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CRE Insurance
Sullivan returns at Willis in charge of global solutions unit
Willis Group Holdings today announced the appointment of former AIG chief executive, Martin J. Sullivan, as Deputy Chairman of Willis Group Holdings PLC and Chairman and CEO of a new…
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CRE Insurance
EC consults on pan-European contract law
The European Commission held the first meeting of business, consumer and legal practitioners’ groups yesterday to discuss the possibility of a pan-European contract law system.
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Benelux
Talks finally begin to clear up global programme uncertainties
The European Captive Insurance and Reinsurance Owners’ Association has opened talks with the International Association of Insurance Supervisors to try and deliver more certainty for buyers of global insurance.
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CRE Insurance
Make hay while the sun shines in German corporate insurance market
Commercial insurers and analysts agree that the soft market that German industrial insurance buyers have enjoyed for so long looks set to continue, despite combined ratios that are nudging 100%,…
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Association News
Onwards and upwards
Communication and winning greater support and participation of individual members remains the number one priority for FERMA according to President Peter den Dekker, Adrian Ladbury reports.