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CRE Insurance
James to step down as CEO of Lockton International
Julian James, the CEO of Lockton International and former head of international markets at Lloyd’s, has announced his plans to resign.
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CRE Insurance
Emerging markets will drive growth story in 2013 predicts Swiss Re
Emerging markets will continue to be the main source of premium growth for both non-life and life insurance markets, according to Swiss Re’s latest economic research.
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CRE Insurance
Marketing hype from consultants hampers fight on financial crime
Efforts by the UK government and police to tackle financial crime are hampered by a lack of accurate data about the nature and extent of offences carried out, according to…
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CRE Insurance
Moody’s sticks with negative outlook for German insurance market
Credit rating agency Moody's announced this week that its credit outlook on the German insurance industry over the next 12 to 18 months remains negative.
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CRE Insurance
Risk managers embrace risk information systems but insurers need to up game
Risk management information systems (RMIS) are becoming an increasingly important tool for risk and insurance managers, both in the internal distribution of risk data to departments within the company and…
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CRE Insurance
Zurich sets out new strategy for Germany with SME focus
Following hefty losses on professional indemnity insurance policies for hospitals and architects, insurer Zurich wants to try a new approach on the German market and seeks to concentrate more on…
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Europe
Argentinian insurers hit by new law
The downgrading of Argentina's sovereign rating and the latest set of regulatory changes implemented by the government is unlikely to affect the next round of renewals, but could have consequences…
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Europe
More indirect taxation to come in 2013 experts warn
If 2012 was a tough year for multinational insurance programmes in terms of increased regulation and compliance issues, then next year is looking even worse. According to insurance tax specialists…
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Europe
Compliant international programmes
In a recent impassioned speech to risk managers and service providers, Guenter Droese, chairman of ECIROA (the European Captive Insurance and Reinsurance Owners' Association) and Head of Insurance at Deutsche…
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Europe
International programs fronting and collateral – the insurer’s view
Collateral requirements for captive fronting programmes are not popular among captive owners. But they are a necessary part of a programme, and insurers are at pains to explain why the…
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Association News
Airmic global database for international programmes moves ahead
A second Request for Proposal (RfP) for companies interested in the creation of a global database of international insurance requirements has been issued by Airmic. The UK's risk and insurance…
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Europe
Round up of insurance laws and regulations in Qatar
Companies operating in fast growing Qatar are required to procure their insurance locally. Here, Jason Majid, a partner at Clyde & Co, based in Doha, gives a round-up of the…
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Europe
Editor’s comment – Risk managers’ Xmas list for Santa
December is here, snow may be on its way for some of us, and the Festive Season is fast approaching. And at this time of recession, financial crisis and economic…
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Benelux
Tax and regulatory news
New insurance premium tax regime for Hungary, Qatar to set up single regulatory authority, Dutch IPT plans change again, Guernsey's zero-10 regime approved by the EU, Germany changes IPT compliance…
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Europe
News in brief
Colombian insurance industry thriving, says AM Best, broker consolidation in Australia, Canada and South Africa, Chartis Europe changes name back to AIG Europe, insurers call for 'minimum harmonisation' approach to…
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Europe
Brazil market report – Going for gold
Brazil has been hitting the headlines recently, not least because it will host the next Olympic Games as well as the next World Cup. The fact that its economy moved…
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Benelux
Martin Strnad – Essential ingredients for a global non-admitted insurance business data base
The focus on legal, regulatory and tax requirements for doing insurance business abroad is increasing all the time. In particular, tax requirements in many countries around the globe seem to…
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Association News
Swiss risk managers reject contract law
Swiss risk managers are unhappy about a total revision of their Insurance Contract Law and hope that certain changes will not come into force after all. “The introduction of the…
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Association News
Everyday risk and black swans share platform at Sirm meeting
Over 150 risk managers, brokers and insurers gathered at Sirm’s annual meeting in November discussed how to deal with everyday risks as well as unexpected threats and black swans.
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Association News
Financial risks top list in Poland where risk management standards are set for uplift
Polish risk managers are worried about the economic crisis and the financial risks involved for their companies as credit risk grows, leading lights told Commercial Risk Europe at Polrisk’s annual…
