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Association News
FERMA seminar & Presidents meeting-Let the people talk
FERMA held a very well attended seminar and President’s meeting in London at the end of September where most of the big topics currently driving the European risk and insurance…
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Climate Change
ELD to ‘bare its teeth’ in Hungarian toxic spillage
The disaster in Hungary, which has seen toxic sludge escape from a reservoir in the city of Ajka, should serve as a warning to companies with industrial operations in Europe…
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CRE Risk Management
German risk managers fear computer worm Stuxnet
German risk managers are alarmed over the emergence of a fresh IT threat in the form of the computer worm Stuxnet, which reportedly affected the control systems of the Iranian…
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Captives
No hard market on the horizon–Bowring Marsh
Global property and casualty rates show no sign of hardening and, barring a major loss, are expected to remain soft for the next twelve months, according to Nick Bacon, Chief…
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Captives
Captives use questioned by European companies
European companies are increasingly questioning the value of running a captive as they anticipate greater capital and time costs as a result of Solvency II and attempt to come to…
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CRE Risk Management
Risk spend poured into multi-billion dollar black hole?
In the aftermath of the global economic crisis, spending on risk is set to continue to rise as investors and stakeholders look to risk management spend as a measure of…
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CRE Insurance
P&I clubs weather stormy conditions
Barring any external factors of 'seismic proportions', market conditions are likely to restrict any general premium increase at the February 2011 P&I renewal to 5%, according to Aon’s P&I Mid-Term…
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Risk Frontiers
Welcome to the full listings of the roundtables that form part of CRE’s annual Risk Frontiers survey of Europe’s leading risk managers.
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Opportunity knocks-comment
The board of FERMA and Paul Taylor of AIRMIC and Morgan Crucible in particular, deserve a pat on the back for the launch of their new guide on the risk…
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Association News
Honisch heads running for DVS president
Jurand Honisch, Senior Vice President Corporate Risk Management & Insurance at Bertelsmann and a DVS board member, is being touted as the leading candidate to become President of the German…
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CRE Insurance
New dawn for credit insurance
Trade credit insurance has been on the front page over the last two years for all the wrong reasons. Huge losses in the market, limits culled, prices up, cover withdrawn…
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CRE Insurance
Export boost transforms German credit market
Germany is far from out of the economic woods but a recent set of encouraging export numbers and upwardly revised GDP figures means that risk managers within one of Europe’s…
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CRE Insurance
Going global, acting local
Global programmes are top of the European risk management news agenda currently as buyers, brokers and insurers attempt to find a more effective way of organising these key risk and…
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CRE Risk Management
Risk came, saw and will conquer?-Italy
The global financial crisis has hit Italian companies as hard as any others in Europe and Italian risk managers are busy dealing with the short- and long- term consequences as…
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CRE Insurance
Commission review of broker pay delayed
The review of the Insurance Mediation Directive [IMD] that could lead to a formal requirement about how insurance and reinsurance brokers disclose their remuneration and new rules to avoid conflicts…
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CRE Insurance
LIIBA announces deal with TMF on global programmes
The London and International Insurance Brokers’ Association [LIIBA] has teamed up with TMF VAT & IPT Services, a company that specialises in tax compliance services for the insurance industry, to…
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Benelux
Insurance-based incentives reduce workplace accidents
The implementation of economic incentives for companies, and especially the prospect of paying lower insurance premiums, provides an efficient way to reduce workplace accidents, a new report says.
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Climate Change
World’s top 3,000 companies caused over $2tn environmental damage in 2008
A new United Nations-backed study has estimated that the world’s top 3,000 companies by market capitalisation caused some $2.15tn of environmental damage in 2008, about one third of all damage…
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CRE Insurance
Mounting scrutiny on Italian motor insurers reveals concerns
The preliminary findings of the Italian antitrust authority's probe into motor-liability insurance in Italy suggest that the body may act to increase competition in the sector and potentially restrict motor…
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Benelux
Allianz launches cover for freezing Dutch workers
Allianz Risk Transfer, Galileo Weather Risk Management, the specialist energy and weather risk underwriting company, and Nephila Capital Ltd have teamed up to provide Frost Delay or Vorstverlet coverage to…