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CRE Insurance
Corporate round-up
XL Catlin launches global ART team to tackle complex risks, Swiss Re teams with IBM to launch new UK cyber solution and RSA adds to risk managed UK and global…
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CRE Risk Management
UK boards fear risk focus is hampering performance
FTSE 350 board members are concerned that continuing pressure to focus on risk management and governance is prioritising process over performance and potentially harming growth.
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CRE Insurance
Canadian fires could spark new wave of modelling
Wildfires may well be the next focus for modellers following the recent Canadian fires that will result in multi-million dollar claims.
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CRE Insurance
Buyers seek disclosure guidance from insurers
As risk managers across Europe look to renew contracts under the UK’s Insurance Act, attention has focused on getting clarity over disclosure and improved terms on proportional remedies.
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Association News
Certification schemes come online
Risk and insurance managers can now choose from a growing range of professional certification schemes. The initiatives will need to gain wider acceptance to be ultimately deemed a success.
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Association News
Airmic to support members as risk and insurance roles broaden
Airmic wants to support its members as risk and insurance manager roles becomes more diverse and demanding, according to Clive Clarke, the Association’s incoming chair.
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Association News
Airmic looks to address members’ ERM needs
In response to rising demand for risk management skills, Airmic has launched a one-day ERM Forum to meet the needs of risk managers interested in, and responsible for, enterprise risk…
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Association News
Airmic survey shows board engagement rising
Airmic's annual member survey reveals ongoing disquiet among risk and insurance managers over cyber risk and innovation, but growing levels of board engagement.
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Association News
Airmic has funds to invest in its future
Airmic has amassed funds to invest in its future as the association looks to increase member engagement and build its risk management offering.
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Association News
Concerns over insurer response to Insurance Act
With the implementation of the UK Insurance Act just two months away, serious questions are emerging about the response of the insurance market and its ability to transition to the…
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Association News
UK set for discussions on cyber risk database to drive transfer solutions
Airmic has tentatively welcomed calls from the insurance industry for a national UK database of cyber incidents, to help deliver the data needed to improve risk transfer solutions.
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Association News
Airmic urges members to focus on risk governance and insurance innovation
Risk and insurance managers could be taking more leadership of their organisation’s risk governance and doing more to push through innovative insurance solutions, according Airmic.
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Association News
Airmic broadens its risk appeal
Airmic is looking to grow and broaden its membership, with an increased focus on risk management, according to Patrick Smith, the association’s outgoing chair.
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CRE Insurance
UK D&O claims remain four times higher than pre-financial crisis: Marsh
There has been a fourfold increase in directors' and officers' (D&O) claims in the UK since the financial crisis, new research from Marsh reveals.
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CRE Insurance
Boards fail to adequately consult on emerging risks
Technology risks are of growing concern to UK boards, but they rarely seek external expert advice on emerging topics, according to research from AIG.
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Association News
Ferma to advise EC on study as it decides fate of Block Exemption
The EC has commissioned two further studies on the operation of the Insurance Block Exemption Regulation (IBER), which allows the sharing of information between insurers and the operation of national…
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CRE Insurance
AXA unveils fresh leadership team ahead of ‘new strategic journey’
AXA has announced a new senior management team to serve incoming chief executive officer (CEO) Thomas Buberl when he replaces Henri de Castries on 1 September.
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CRE Insurance
Former Zurich chief Senn commits suicide
Martin Senn, who stepped down as chief executive officer (CEO) of Zurich Insurance six months ago following a string of bad news, committed suicide on Friday.
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Association News
RIMS concerned by new electronic health and safety reporting requirements in US
RIMS has warned risk managers with operations in the US to brace themselves as rules that require electronic recordkeeping of workplace injuries come into force this August.
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CRE Insurance
Munich Re will invest €1bn to digitally transform ERGO into profit
Munich Re has announced a major overhaul of its main primary insurer ERGO Group that will include a net investment of up to €1bn by 2020, mainly to modernise its…