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Europe
Emerging risks a new focus for captives
Businesses are by-passing the insurance market and self-insuring non-traditional risks.
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Europe
Malaysian insurance reform to help market compete says regulator
Fundamental reforms of the Malaysian insurance sector will help the insurance industry better respond to the changing demands of corporate risk managers, according to its national regulator, the Bank Negara…
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Europe
Tax and regulatory news
UK's HMRC consults on IPT and VAT Disclosure Regime, Increased scrutiny of global programmes from BEPS, IUA highlights benefits of EU membership, Brexit poses modest credit challenges says Moody's, Digitalisation…
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Europe
News in brief
Global multiline insurers more resilient to challenges: S&P, Generali establishes Global Business Lines & International unit, Kumamoto earthquake damage estimates, AXA and Chaucer target African specialty market, Mexican insurers count…
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Europe
Captive news
BEPS implementation set to hit captives, New MD for Aon Insurance Managers (Bermuda), Vermont brings in new captive legislation, Willis in mutual insurance talks with CIRC in China and Artex…
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Europe
Signs of a soft market starting to firm up
The insurance market has been soft for so long that younger insurance buyers may never have experienced a proper hard market. They needn't worry about it changing dramatically in the…
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Europe
United Arab Emirates market report: regulatory transformation
The UAE's regulator has stamped its authority on the biggest market in the Middle East.
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Europe
Innovative approaches to managing the risks of multinational supply chains
Managing supply chain risks is critical to the success of a business. Supply chain disruption can have devastating effects on a company, including tarnished brand, loss of customers and an…
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Association News
Ferma and CRE launch European Risk Management Awards to drive profession forward
We are delighted to announce that Ferma and Commercial Risk Europe will jointly launch the European Risk Management Awards this November to help raise the profile of the risk and…
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CRE Insurance
XL Catlin poaches Lloyd’s CRO Sean McGovern
Lloyd's chief risk officer (CRO) and general council Sean McGovern is moving to XL Catlin as chief compliance officer and head of regulatory and government affairs.
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CRE Insurance
Generali’s global corporate unit takes new structure
Generali's main board has approved a review of the Italian insurer's group structure proposed by new CEO Philippe Donnet who recently replaced Mario Greco after he took on the job…
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Association News
DVS and Bfv merge as consistency of global programmes tops agenda
The German risk and insurance management association (DVS) and the German association of in-house insurance brokers (Bfv) have merged to create one representative body for the national risk and insurance…
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Climate Change
ELD is falling short, concludes EC probe
A European Commission (EC) review of the Environmental Liability Directive (ELD) has concluded that the directive is not achieving its aims, but the focus will be on improving its implementation…
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CRE Insurance
London market casualty reserves inadequate for 2015 finds PwC
The London insurance and reinsurance market is in danger of running into reserving problems for casualty business written in 2015 because reserves were based on price assumptions that simply did…
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CRE Insurance
Liability market reacts to Mossack Fonseca data breach
A rash of claims and high profile data breaches have highlighted the issue of cyber risk for professional service companies, with many now looking to top up their professional liability…
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CRE Insurance
AGCS posts “solid” first quarter and regional leadership changes
Allianz Global Corporate & Specialty (AGCS) has published its standalone first quarter results that showed solid top line growth, a lower combined ratio and higher operating profits.
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Captives
Corporate round-up
Marsh names Nick Durant as global captive leader, Chubb launches suite of transactional risk liability products, XL Catlin hires Liberty's Oliver Newick as energy, property and construction claims leader and…
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CRE Insurance
Catlin joined by impressive group of insurance CEOs to lead IDF
Stephen Catlin, chairman of the Insurance Development Forum (IDF), the body recently formed by the UN and World Bank to try and help bridge the global protection gap in the…
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Asia
Risk and insurance maturity take centre stage at Parima
Business leaders in the Asia Pacific region need to take risk and insurance management more seriously and wake up to the fact that ticking boxes and seeking the cheapest possible…
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Asia
Risk managers need to play front line role in reputational risk
Risk managers need to play a front line role in crisis management and the protection of their company's reputation in a communications environment that is increasingly difficult to manage, according…