-
Association News
FERMA demands industry solution for global programmes
FERMA has called upon the insurance industry to join their customers in a search for a single industry-wide solution to the increasingly troublesome problem of compliance in global programmes.
-
Association News
FERMA survey confirms evolution not revolution in European risk management
European risk managers report a low level of awareness within their companies of the growing body of rules and regulations on risk management, despite the best efforts of groups such…
-
CRE Insurance
FERMA study reveals concerns over Solvency II and emerging risks
European insurance buyers are comfortable with current pricing levels but do have concerns over the market hardening, the impact of Solvency II and the identification of and response from the…
-
CRE Insurance
Insurer financial strength and willingness to pay the key factors for buyers
Insurer financial strength and willingness to pay were cited as the most important factors for European risk managers when choosing and evaluating insurers, according to a study by Standard &…
-
CRE Insurance
European insurance industry has weathered the storm–A.M. Best
The European insurance industry has withstood the adverse economic circumstances with capitalisation improving in 2009, although not to the levels attained just before the onset of the credit crisis, according…
-
CRE Insurance
Parliament vote means ‘new era’ of European supervision – CEIOPS
The three European Level 3 Committees of national supervisors – CEIOPS (insurance), CESR (securities) and CEBS (banking) – have welcomed the European Parliament’s decision yesterday to endorse the EU financial…
-
Association News
FERMA says EU Company Law Directive opportunity for profession
FERMA this week launched a guide for non-executive and executive board directors to help them comply with the risk management requirements of the 8th European Company Law Directive.
-
CRE Insurance
French firms criticised following Niger kidnappings
The recent kidnapping of workers from the French groups Areva and Vinci in Niger has ignited a debate in France on the management of security risks by French multinational groups…
-
Asia
EU Businesses beware Chinese storms–Aon
EU businesses involved with importing or selling food and beverage products from China should remain on alert, as they are 'walking, often blindly, into a potential legal and media storm',…
-
Aviation
Airlines fleet values rising as confidence returns
Airlines predict a 13% increase in passenger numbers in 2011 compared to a predicted 9% fall at the same point last year as confidence returns to the market, according to…
-
CRE Insurance
New security challenge for gas market risk managers
Risk managers with Europe’s gas companies face a further significant addition to their workloads following the move by the European Parliament yesterday to adopt the Security of Gas Supply Regulation.
-
Climate Change
Munich Re takes centre stage in Monte Carlo with oil rig plan
Munich Re announced an ambitious plan during the Monte Carlo reinsurance market Rendez-Vous to open talks with the US government about the creation of a new facility to deliver liability…
-
Benelux
Liability to expand in Europe despite recent caution
The breadth of legal liability and levels of compensation across Europe are likely to increase in due course, along with a more standardized approach to liability, according to a Guy…
-
CRE Insurance
Surplus capital continues to drive cat reinsurance rate decline
Global catastrophe reinsurance rates have continued to decline throughout 2010 despite the first half of the year being one of the costliest on record with surplus capital the main driver,…
-
CRE Insurance
New EU rules will ‘name and shame’ less safe shipping companies
The European Commission has adopted new rules to enhance and improve the safety performance of ships, which will include the introduction of an online register to 'name and shame' shipping…
-
CRE Insurance
Quinn Insurance Ltd. gets red light
Quinn Insurance Limited [QIL], which went into administration last March, has been refused re-entry into the UK commercial insurance market by Ireland's Financial Regulator [FR] due to a lack of…
-
CRE Risk Management
Institute of Risk Management makes four board appointments
The Institute of Risk Management [IRM] has announced four key appointments to its board.
-
CRE Insurance
A journey into the unknown
Partnership between risk ‘owners’, brokers and carriers, transparency and how to tackle emerging risks were the dominant themes at this year’s DVS Symposium in Munich. CRE Editor Adrian Ladbury asked…
-
CRE Insurance
Prices stable but outlook cloudy
European commercial insurance buyers should be relatively happy with the news from the annual reinsurance market Rendez-Vous in Monte Carlo this year as the reinsurers and brokers appear to have…
-
Association News
DVS 2010
CRE brings you all the latest news from the DVS Symposium 2010 via our show daily newspapers. Produced in Munich as the conference unfolded they bring you all the developments…
