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CRE Insurance
Fears remain over innovation and capacity despite lower SII cat charges
Risk managers and other experts who gathered in Frankfurt for the Commercial Risk Europe Risk Frontiers seminar on Solvency II, Captives and Global Programmes are increasingly worried that the new…
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CRE Insurance
Argentina raises trade barriers and forces insurers to repatriate assets
Argentinian insurers took another hit last week as the government decided they will have to repatriate all investments made abroad.
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CRE Insurance
New legal insurance for trademark protection in Germany as disputes grow
As electronic giant Apple files a lawsuit against a cafe owner in Bonn over infringement of its trademark, a Hamburg-based broker has released a new type of legal expenses policy…
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CRE Insurance
Insurers will cope with Greek haircut according to rating agencies
Europe’s industrial insurance buyers need not panic over the impact of the proposed Greek debt exchange that the vote in confidence called upon Prime Minister George Papandreou appeared to signal…
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Climate Change
EC proposes extension of ELD to tackle offshore energy risk
The European Commission has proposed draft regulation to improve the safety of offshore oil and gas activities in the EU that includes an extension of the Environmental Liability Directive (ELD)…
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CRE Insurance
Corporate round-up
JLT combines with Marine & Aviation in Italy as expansion continues and David Batchelor appointed CEO of Marsh’s International Division.
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CRE Insurance
Fitch expects US to be granted equivalence with Solvency II
Fitch expects the US solvency regime for insurers to achieve equivalence with the European Union's Solvency II requirements, despite the fact that the US was not included in the first…
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CRE Risk Management
Cyber security in freefall with many organisations behind the curve warns PwC
The cyber security industry is in freefall with most organisations a long way off successfully combating this growing threat, experts from PwC have warned following the London Conference on Cyberspace,…
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CRE Insurance
Corporate insurance market still facing downward pressure says Miller seminar
The corporate insurance market faces long-term downward pressure on rates, according to a Miller Insurance seminar held this week.
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CRE Insurance
Social media set to transform general insurance buying habits
Social media is set to transform the distribution of commercial insurance over the next five years, but firms are reluctant to invest in the communication channel, according to the Future…
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Captives
Captive owners reassured by Commission ahead of Frankfurt conference
Commercial Risk Europe holds its fourth Risk Frontiers seminar for readers today, this time in Frankfurt, Germany in partnership with ECIROA, DVS, BfV and BDI, at which the critical topics…
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Association News
Captives will receive simplified and proportionate treatment under Solvency II–Van Hulle
European captive owners can rest a little easier in their beds tonight as Karel van Hulle, Head of Unit, Insurance and Pensions, DG Internal Market and Services, and the architect…
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Captives
No time to take a rest as Solvency II remains on track for January 2014
Solvency II seems to have become increasingly complicated and confusing as it nears completion and thus more tricky for insurers and their customers to work out what to do about…
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CRE Insurance
Equivalence and long-term nature of insurance key matters that need sorting
A number of key outstanding issues still need to be sorted out at Commission and EIOPA level that could have a significant impact on the way the rules are received…
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CRE Insurance
Nat cat losses will continue to rise with mitigation efforts muddled
Reinhard Mechler, a researcher at the Austria-based International Institute for Applied Systems Analysis, has few words of comfort about the future frequency and severity of natural catastrophes and the losses…
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Association News
Social media at forefront of cyber risk shows Ferma survey
European risk managers rate damage to reputation through social media and theft of customer information as the largest cyber risks faced by business today, according to a survey by the…
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CRE Insurance
Filhet-Allard joins BrokersLink to expand French and global offerings
International brokerage network BrokersLink has boosted its presence in one of the major European markets by welcoming France's Filhet-Allard as its newest member.
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CRE Risk Management
Auditors do not want to step on risk managers’ toes, says ECIIA president
Internal auditors, as much as other risk professionals, are gaining stature in European companies, but they do not want to step on the toes of risk managers, according to the…
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CRE Insurance
Baden Baden brings good news for primary buyers-comment
Great news emerged for the European corporate insurance management community from sleepy Baden Baden in south west Germany this week as it became clear that the reinsurance market will not…
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CRE Insurance
Corporate round-up
Willis shakes up international unit with appointment of new CEO as big hitters Margrett and McManus depart, Willis appoints new CEOs of Latin America and UK and Ireland operations, QBE…
