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Africa
Africa’s terrorism and political threat still high
Aon’s 2013 Terrorism and Political Violence Map has pointed to a continued threat of a terrorist attack or political violence as 44% of countries across the world measured have an…
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Africa
Namibia, vast space, concentrated risk
A large, sparsely populated country of around 2.2m people, Namibia is mainly a resource and agriculture-based economy. Mining accounts for 8% of its Gross Domestic Product yet provides more than…
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Africa
Protecting the borders – Namibia
With white collar crime proving a headache for Namibian business, the country finds it is also challenged with fraud risk originating from neighbouring territories. The automotive industry has been no…
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Africa
Sector Focus: Tourism – A pleasurable risk
Tourism continues to boom worldwide despite economic difficulties and Africa is enjoying a boom currently. But recent high profile accidents and catastrophic events have highlighted the need for careful personal…
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Africa
Sector Focus: Agriculture – Time for growth?
Earlier this year the World Bank said Africa’s agricultural business could create a trillion-dollar food market by 2030. Commercial Risk Africa Editor Liz Booth talked to Christina Ulardic, from Swiss…
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CRE Insurance
Growing reinsurance capital is welcome news for buyers
New capital flowing into the reinsurance market is increasing competition for peak zone catastrophe cover, which should mean more affordable insurance capacity is made available to corporate buyers.
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Association News
Opinion divided on new UK regulatory regime—Airmic gives cautious welcome
On 1 April the UK ushered in a new regulatory regime with two new bodies, the Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA), replacing the Financial Services Authority…
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Association News
The time is right–comment
Last month saw an excellent RIMS conference and easily the best that this observer has attended in over 20 years of reporting on this market.
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Association News
Cooperation and innovation needed to boost risk industries, says Narim
Greater risk industry cooperation and innovative thinking from key players are needed to meet the challenges of a rapidly changing world, according to risk managers attending the Dutch risk management…
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Benelux
The view from Europe – Europe
The interviews with leading European risk managers for the Global Risk Frontiers survey have been carried out since the start of the year and published in various guises within Commercial…
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Europe
Fraud – an inevitable risk factor in China
The risk of falling foul of corruption and bribery laws in their home countries has emerged as one of the most important threats faced by multinational companies doing business in…
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Europe
Global programmes and US exposures
How does the US fit into a global insurance programme? This is an important question for many risk managers of multinational companies. The US can often be viewed by multinational…
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Europe
Understanding and managing sanctions
Companies navigating the global marketplace must tread carefully in the area of economic sanctions, according to a white paper from AIG. 'What You May Not Know About Sanctions (And How…
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Europe
Cyber Risk – A global problem (Part Two)
The growth in cyber attacks is helping raise awareness of cyber risk around the world. Corporate decision makers are deeply concerned about the exposure their companies face with cyber-related risks.…
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Europe
Aon report highlights programme preferences
Multinational companies tend to use corporate headquarters to control placements when it comes to global insurance programmes, but a significant minority also allow local offices to purchase certain lines. This…
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Europe
Tax and regulatory news
Nebraska signs MMoU, South Korea introduces compulsory Fire Legal Liability insurance, Italian tax modification, Moody's reports on global insurance solvency regimes, CBI publishes new statement of tax principles for business,…
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Europe
News in brief
Munich Re sees strong growth in global insurance market, A.M. Best positive over ASEAN insurance market outlook, XL to offer Shariah compliant insurance cover, S&P's new insurer rating criteria and…
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Europe
Captive news
Marsh releases 2013 captive ranking, North Carolina set to pass captive legislation, Tennessee brings in new protected cell legislation, Guernsey welcomes automatic information exchange pilot, Cayman Islands commits to G5…
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Europe
Editors comment – United we stand, divided we fall
It's a simple message that unity wins every time. In the on-going debate over excess covers and global insurance programmes, there has been little sign of any united front against…
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Europe
Canada market report – Steady and sure
Commercial insurance rates in Canada are expected to remain stable across most lines of business in 2013, according to Marsh's Canada Insurance Market Report 2013. However, organisations with poor loss…
