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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…
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CRE Insurance
Global programmes adding to complexity of large claims: Cunningham Lindsey
The increasingly complex structure of global programmes is creating issues when it comes to large claims, according to loss adjuster Cunningham Lindsey.
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CRE Insurance
Number and cost of information security breaches rise but mitigation spend falls
According to PwC's annual Global State Of Information Security Survey the number of worldwide information security breaches and their costs rose this year but spend on security fell. It urges…
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CRE Risk Management
Business-focused communicators make the best risk managers say UK experts
UK risk and insurance managers that took part in our European Risk Frontiers survey believe that business acumen and people skills are the marks of professional risk management.
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CRE Insurance
Lloyd’s pledges commitment to emerging markets and innovation on back of strong first half
Europe's risk managers will be pleased to hear that new CEO Inga Beale reported strong first half 2013 profits and improved security for Lloyd's despite a 'challenging' pricing environment caused…
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CRE Insurance
Greenberg suit against government for AIG takeover opens in Washington
Battle was re-joined this week between former head of AIG Hank Greenberg and the US government over its controversial bailout of the insurer that ultimately netted a profit for taxpayers…
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CRE Insurance
Corporate round-up
JLT appoints Nicholas Walsh as non-exec, Aon to develop loss-estimating tool for energy firms, JLT Re enters joint venture with March JLT to boost presence in Spain, Beazley makes UK…
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CRE Insurance
European companies to increase use of multinational programmes finds survey
A survey of 280 risk managers has found that 83% of European companies plan to increase their use of multinational programmes over the next three years because of concerns over…
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Africa
Swift action needed to contain Ebola and avert economic ‘catastrophe’ say UN and WHO
The international commitment to cope with the Ebola outbreak in west Africa has been stepped up in recent weeks as the United Nations and the President of the United States…
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CRE Insurance
Employee error biggest cause of data breaches but hacker attacks most costly: Beazley
Analysis by insurer Beazley shows that employee error causes most data breaches but malware and spyware cases are more costly to deal with.
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CRE Insurance
French market set fair for buyers in 2015 say Gras Savoye
French insurance buyers will enjoy a favourable insurance market in 2015 with only a few lines set for higher prices or tighter conditions, according to Gras Savoye.
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CRE Insurance
Average 5% 2015 premium increase from P&I Clubs predicts Tysers
Lloyd's broker Tysers has estimated that P&I Clubs will raise premium by an average of 5% in 2015 on the back of a 'benign' 2013/14 year. Tysers also said that…