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CRE Insurance
Link between brain tumours and mobile phones inconclusive, says study
After ten years of research, conducted in 13 countries, and costing approximately €19.2m so far, the largest case control study of mobile phone use and a possible link with brain…
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Association News
AIRMIC unveils plans to tackle ‘failings’ in law on disclosure
AIRMIC will issue a guide for members in early Autumn to tackle what it sees as the failings in the current U.K. insurance law on non-disclosure, which the association says…
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Association News
AIRMIC conference breaks all records but members believe soft market is over
With record numbers of AIRMIC members attending, and the largest ever exhibition, Paul Howard, AIRMIC’s Chairman, was in buoyant mood as he opened the 2010 conference.
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Association News
French companies hit risk learning curve as Chinese trade grows–AMRAE
French companies must learn new ways of dealing with the risks involved with doing business in China as the country’s companies boost economic links with the country, according to experts…
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Climate Change
French risk managers digest challenges posed by ELD
French risk managers are fast waking up to demands placed upon their companies as they attempt to meet new environmental risks linked to European Directives.
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Association News
FERMA elects vice-presidents
The FERMA board has elected both Julia Graham, Chief Risk Officer of law firm DLA Piper UK, and Jorge Luzzi, Group Risk Management Director of Pirelli Group as vice-presidents.
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CRE Insurance
Commercial property rates set to stand firm
Rates for commercial property insurance are unlikely to rise significantly in the near future despite the attempts of some insurance companies to talk up the market, according to analysis from…
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Association News
Reputational risk top concern for AIRMIC members
Reputational risk is the leading concern for U.K. risk managers according to the annual survey of members carried out by AIRMIC. The last couple of years have been dominated by…
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Association News
Captives under pressure
As debates continues as to the future role of captives, in light of the potential impacts of Solvency II and the credit crisis, the key concerns were discussed at a…
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Association News
First AIRMIC Casualty benchmark completes suite
AIRMIC unveiled the results of its first-ever benchmarking study into the Casualty insurance market at its conference this week, which completes its suite of benchmarking in the three major classes…
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CRE Insurance
Business warned to maintain vigilance on terror risk
The last few years have seen a relative decline in terrorist attacks in the developed world, but the threat of a terrorist attack remains a big risk, according to terrorism…
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CRE Insurance
Employee stress big worry for European managers
Concern about psychosocial risks such as stress, violence and harassment is increasing in European organisations, according to the initial findings of the biggest workplace health and safety survey carried out…
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Captives
Last chance saloon for captive owners on Solvency II
FERMA has urged the owners of the 500–plus European captives to participate in the final consultation on the technical implementation of Solvency II that is currently underway.
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CRE Insurance
EU corporate governance reform announced
The European Commission said last week that it is considering an overhaul of corporate governance rules for financial institutions, according to news agency Dow Jones.
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CRE Insurance
Munich Re Chile loss upped $300m as sector capital concerns rise
Munich Re has increased its loss estimate from the Chile earthquake that struck in February to around US$1bn pre-tax and after retrocession.
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CRE Insurance
Gulf hurricanes threaten to escalate oil loss
The Deepwater Horizon oil rig, which sank approximately 41 miles off the coast of Louisiana in the Gulf of Mexico, will cost the insurance and reinsurance industry between $1.2bn and…
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CRE Insurance
Commission acts against Suez for alleged breach of seal
The European Commission has opened formal proceedings against French group Suez Environnement over an alleged breach of a seal affixed during an inspection by the Commission in April at the…
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CRE Insurance
Corporate round-up
The latest merger and acquisitions, new products and appointments from the European commercial insurance and service sector.
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Climate Change
Spanish market broke too early on ELD deadline
Over the past three years, Spanish companies have been busy preparing to meet the tough requirements of a new environmental responsibility law that transposes the European Liability Directive (ELD) in…
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CRE Insurance
Emerging risks and D&O top list of concerns: DVS
The apparent inability of the industrial insurance market to react to so-called emerging risks with innovative new covers was a hot topic of debate at last month’s annual general meeting…