-
CRE Risk Management
Founding a new tradition-Portugal
Portuguese companies are looking abroad to achieve growth in the face of a sluggish domestic economy. Their presence in fast-growing markets like Brazil and Angola create many opportunities, but also…
-
Benelux
In search of excellence-Marguerite Soeteman-Reijnen
Marguerite Soeteman-Reijnen is chief broking officer for Aon Risk Solutions, the risk management business of Aon Corp., in Europe, Middle East and Africa (EMEA). When she took on the newly…
-
CRE Insurance
Best practice makes perfect-Joe Clabby
Joe Clabby was recently appointed president of ACE Continental Europe and is charged with further growing the group’s European business from his base in Paris. Mr Clabby brings a wealth…
-
CRE Risk Management
Maltese discuss creation of risk management association
The fast-growing Maltese insurance and wider financial services market is currently discussing the creation of a risk management association to help provide a focus for the discipline and attract more…
-
CRE Insurance
Associations agree to start formal debate with market to fix global programmes
FERMA, AIRMIC and a group of leading international insurers and brokers have agreed in principle to meet in London to open formal discussions about how global programmes can be improved…
-
CRE Insurance
Insurer groups tell EC to calm down on Solvency II or face ‘dire consequences’
Leading representative groups of the European insurance industry have strongly urged the European Commission to change course on Solvency II. They have warned that a failure to react to its…
-
Asia
India and China fare badly in Asia-Pacific corruption study
India has fared badly in a study of corruption within the Asia-Pacific region. Of the 16 countries assessed, it is rated as the fourth worst in terms of the impact…
-
Asia
Reinsurance rates showing signs of transition say leading brokers
Leading reinsurance brokers have given a mixed message on the April 1 reinsurance renewals that came on the back of a spate of disasters in 2011, but agree that by…
-
CRE Insurance
Chartis covered latest Telekom D&O claims say sources
Former chief executives of German telecommunications company Telekom have agreed to a settlement with their former employer in which they will each pay €600,000.
-
CRE Insurance
German freight companies face premium hike after court ruling
German freight forwarders, or logistic companies, fear that motor third party liability premiums for trailers may rise dramatically due to a decision of Germany’s Federal Court of Justice (IV ZR…
-
CRE Insurance
French nuclear industry under pressure following Japanese disaster
The nuclear crisis in Japan has fuelled pressures in France over the security of the country's extensive network of nuclear plants and could delay the construction of a latest generation…
-
CRE Insurance
CRE launches Risk Frontiers Survey 2011–Breaking down the barriers to insurability
CRE’s annual pan-European risk & insurance manager survey, supported again this year by XL Insurance, is underway. It comes as European risk and insurance managers are increasingly worried about the…
-
CRE Insurance
CRE launches first pan-European corporate broker survey
Commercial Risk Europe has launched an annual survey of Europe’s leading brokers of corporate risk. The survey aims to find out what they believe are the key services that risk…
-
Asia
XL launches in China
XL Group opened a new non-life subsidiary in Shanghai, China, last week that will offer products and services in property, liability, specialty and professional lines.
-
Aviation
Airline rates up but down on risk exposure adjusted basis, Aon Risk Solution
Airline passenger numbers are expected to rise globally by an average of 10% in 2011, following a downturn in numbers since the financial crisis. As a result insurance premiums rose…
-
CRE Risk Management
Chartered status on the agenda as IRM celebrates 25th birthday
As the Institute of Risk Management (IRM) celebrates its 25th birthday it seems a good time to consider the journey that it and its members have undertaken since the 1980’s,…
-
CRE Insurance
Brazil reportedly backs down on reinsurance rules following buyer pressure
Following pressure from FERMA and other risk management and insurance associations the Brazilian government has partially backtracked on two heavily criticised reinsurance regulations that many fear would reduce capacity in…
-
Asia
Market uncertain as to whether Japanese disaster will raise primary rates
With damage estimated at $300bn, the deadly earthquake and tsunami that struck north-eastern Japan last month is being called the world’s costliest natural catastrophe. But whether the disaster will prove…
-
CRE Risk Management
UK bribery guidelines clarify key elements of act including hospitality
UK insurance buyers, brokers and carriers will be pleased to see that the government has clarified new rules on corporate hospitality among other key elements of its final version of…
-
CRE Insurance
US food safety law increases product recall risk for EU firms
A recently passed US food safety law will increase the frequency and severity of recalls of food products in the country as well as place more onerous obligations on industry,…