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Captives
Captives safe under Solvency II but lobbying of EC must continue
Captive owners can rest assured that Solvency II will not drive them out of business through excess capital and reporting requirements unless they are running excess risks, according to Karel…
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CRE Insurance
Rising claims and falling profits will not turn French market yet
French insurance buyers have been told for some time that they face higher premiums as insurers come under pressure—but Rodrigo Amaral found that market insiders believe they will probably escape…
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CRE Risk Management
‘Sinnkrise’ hits German risk managers
The recent financial and economic crisis has hit the German economy as hard as others in Europe, but its impact on the local risk and insurance management community may be…
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CRE Risk Management
Time to step up to the plate-comment
Forces in the European and global economy and the insurance industry strongly suggest that now is the time for risk and insurance managers to step into the limelight. Commercial Risk…
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CRE Insurance
Beginning of the end?-Karel Van Hulle
Solvency II is a big and complicated project that will significantly change the way the European and even the global insurance industry is managed. The new rulebook will not be…
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CRE Risk Management
A risk guide out of the woods-Austria
The Austrian risk and insurance management community may not have its own association and membership of FERMA yet but it certainly has a core of dedicated and sophisticated risk professionals…
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Teetering on the risk-reward tightrope-Switzerland
Adapting to rapid economic change, the need for a more innovative and supportive approach from insurers to deal with emerging risks and the value of long-term partnerships were key topics…
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Association News
Added value of risk must be sold
Board members will only appreciate the value added by investment in risk management if risk managers learn to sell it, according to a panel of experts at last month’s FERMA…
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Association News
Industry wide solution to global programmes on FERMA agenda
The FERMA conference in London marked the beginning of a campaign for an industry-wide effort to provide more consistency and assurance that global programmes do what buyers want when they…
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Association News
CRO needs to sit at top table
The role of the risk manager is evolving and risk managers increasingly help to make strategic decisions and gain air time at board level, agreed experts gathered for a panel…
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Association News
Risk managers must prepare for Pillar 2
Experts at FERMA’s London seminar agreed that Pillar 2 of Solvency II will mean that risk managers will have to up their game when it comes to information gathering and…
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Association News
Insurers view of FERMA survey-Regis Demoulin
FERMA used its London seminar recently to launch its big survey of European risk managers that it carried out with AXA Corporate Solutions and Ernst & Young. Ben Norris talked…
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CRE Insurance
A quiet revolution-Clive Tobin
According to Wikipedia Torus is a surface of revolution generated by revolving a circle in three dimensional space about an axis coplanar with the circle. To us simpler folk in…
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Association News
Time to raise the bar?
At FERMA’s 2010 Risk Management Seminar held in London last month Paul Taylor, Director of Risk Assurance at Morgan Crucible PLC, and board member of the risk management federation, told…
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CRE Insurance
New electronic buying tool planned for German industrial risks
German industrial groups are making a fresh attempt to arrange a system that will allow them to buy cover via an electronic portal.
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CRE Insurance
Marsh signs agreement to help avoid overpricing of Iraqi risks
Marsh has signed a mutually exclusive agreement with Anglo Arab Insurance Brokers (AAIB) that aims to help clients with operations in the Iraqi energy, power and aviation sectors obtain a…
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CRE Insurance
Industrial insurers post healthy numbers to support continued stable market
Allianz Group yesterday announced strong third quarter results in terms of revenue growth and operating profits and confirmed its operating profit outlook for 2010 at the higher end of expectations.
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CRE Insurance
Little evidence of market hardening from broker numbers
Marsh & McLennan Companies (MMC) yesterday reported revenues up and profits down for the third quarter of this year and gave insurance buyers further hope for a calm renewal in…
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CRE Risk Management
French strikes turn focus on business continuity plans
The latest holiday season in France has caused considerable losses to companies and highlighted the growing need for risk managers to have business continuity plans (BCP) in place to face…
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CRE Insurance
BI insurers increasingly reluctant to pay claims and expand coverage
As demand for business interruption (BI) insurance grows insurers have shown a decreasing appetite to pay related claims and they have become increasingly reluctant to expand BI coverage, according to…
