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CRE Insurance
Lancashire targets Japanese renewals as reserves boost 2011 results
Lancashire Holdings announced a surprisingly healthy set of 2011 results yesterday, saying that it is ‘cautiously optimistic’ about the insurance pricing environment for 2012 overall and has secured additional capital…
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CRE Risk Management
Lessons from Senlac Ridge
The French risk management community gathers in Deauville, Normandy this February amidst a period of great political, financial and economic turmoil.
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A chance to reflect in Versailles, Ferma October 2012
Ferma announced last month that Versailles, France will be the venue for this year’s Seminar on 22 and 23 October. The Seminar, which takes place during the year that no…
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Association News
Greimel vows that DVS will raise its activities on innovation and service
The German risk managers’ association DVS says that the argument from insurers that they find innovation difficult in some areas because of the supposed danger of uncontrolled accumulation of risks…
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CRE Insurance
German insurers need to work harder to follow customers abroad: risk managers and brokers
Industrial customers and brokers are highly critical of the limited international reach of German insurers, it emerged during a liability insurance trade conference in Hamburg in late January.
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CRE Risk Management
WEF report: Big questions and no easy answers for world’s risk managers
The annual Global Risk report from the World Economic Forum launched at Davos last month asks what risks should global political leaders and decision-makers be aware of and most concerned…
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CRE Risk Management
New risk management practices needed to safeguard transport and supply chain networks, report warns
A World Economic Forum report released during the Davos meeting last month called for new models to address supply chain and transport risks.
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CRE Insurance
Year-end renewals suggest global programmes will be hit by Thai and Japan losses
Reinsurers restrict BI coverage as impact of 2011 losses felt but loss-free programmes remain flat. Stuart Collins reports on the big themes from the year-end reinsurance renewals.
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CRE Insurance
Global property catastrophe RATES up 9.5% but casualty flat, European markets mixed—brokers
The January 2012 renewals saw reinsurance prices continue the trend of 2011, with global property catastrophe rates generally heading upwards. However, with an excess of reinsurance capacity, prices were flat…
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CRE Insurance
Trade credit market hardening again
The threat of recession and trouble in the eurozone has put an end to an 18 month run of rate reductions in the highly competitive credit insurance market for large…
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CRE Insurance
P&I market hardening as claims rise and solvency rules bite
Ship owners could face several years of premium rate increases as the sector prepares for another potential downturn and tougher solvency regulations.
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CRE Insurance
Demand for global credit cover rises as buyers seek to control aggregates
The financial crisis has seen a shift in favour of global credit insurance programmes, as companies seek to get a better grip on their global credit exposures.
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CRE Insurance
A risk in time
It was not so long ago that trying to sell cyber coverage was like trying to sell vacuum cleaners on the doorstep. Awareness of the potential exposures among risk managers…
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CRE Insurance
Boards must take audit more seriously to avoid additional legislation
The recent financial crisis has once again persuaded politicians that standards of corporate governance and audit in Europe need to be improved. Most risk managers are keen to avoid the…
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CRE Insurance
Global reach demands sharper focus on corruption claims Burbidge-King
The risk of the discovery at home of a small, ‘insignificant’ bribe to a customer in some remote, poor country is becoming too great, warns John Burbidge-King, CEO of Interchange…
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CRE Insurance
Parmalat, Ahold and the long road to EC action
The names Parmalat and Ahold may have faded from memory but the sort of financial scandals associated with the companies could still appear, despite the introduction of EU legislation on…
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Association News
Educated future
The education of risk managers for the future is one of the priorities of Association pour le Management des Risques et de l’Assurance des Entreprises, AMRAE, France’s risk management association,…
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CRE Risk Management
Less talk more action on risk management needed
While global companies are intensifying their focus on enterprise-wide risk management in the wake of the 2008 financial crisis and recession, most corporate leaders believe their companies have a long…
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CRE Insurance
Inability to accurately value information is holding back cyber insurance
Risk managers must do more to accurately articulate their cyber risk concerns to insurers if this evolving area of insurance is to properly develop, Mark Fishleigh, Head of Insurance at…
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CRE Insurance
Report for EC finds problems with nat cat insurance markets
Many insurance markets around Europe are failing to cope with natural catastrophe risks, according to a draft report by the European Commission.
