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CRE Insurance
Zurich plans big job cuts and Global Corporate shakeup as poor results hit
Switzerland-based Zurich Insurance is to seek further savings as it looks to turn around its loss-making general insurance business, and the Global Corporate division in particular.
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CRE Insurance
Generali names chairman Di Genola as temporary CEO
Generali has announced that its chairman Gabriele Galateri di Genola will take over as the company's temporary CEO following the departure of Mario Greco while the insurer looks for a…
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CRE Insurance
Chubb names country presidents in continental Europe
Chubb has named its country presidents for continental Europe.
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CRE Insurance
Brokers see continued organic growth
The cost of several large mergers and acquisitions has seen Willis Group end 2015 with a fourth quarter loss, while the broker's main rivals, Aon and Marsh, closed the year…
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CRE Insurance
Raft of new EU data privacy rules demand risk management response
The EU is sending a strong message to European companies that data privacy must be taken seriously as it places increased liabilities on firms via three new regulations and directives,…
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CRE Insurance
AGCS enters US primary D&O market and warns on cyber
Allianz Global Corporate & Specialty (AGCS) has strengthened its multinational directors' and officers' (D&O) offering by recently entering the US domestic D&O primary market.
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CRE Insurance
No sign of end to soft conditions in London market: Fitch
Europe's insurance and reinsurance community can expect further reductions in prices this year, according to credit rating agency Fitch.
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Association News
New Ferma CEO aims to raise political bar
Ferma will become more open, efficient and politically active in Brussels under its new strategic plan, according to the federation's CEO Typhaine Beaupérin.
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CRE Risk Management
Survey suggests risk manager role evolving far beyond compliance
The role of the risk manager is evolving to focus on delivering business performance as opposed to being purely compliance driven, concluded governance, risk and compliance (GRC) tech firm MetricStream…
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CRE Insurance
P&I clubs must focus on underwriting discipline in challenging market: AM Best
Underwriting discipline in the marine protection and indemnity (P&I) sector will be tested during the February 2016 renewal period, according to AM Best.
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CRE Risk Management
Survey finds too many firms rely on Google to assess travel risk
The majority of Human Resources (HR) professionals believe that the process of sending employees abroad has become more complicated and difficult over the past 12 months, according to a survey…
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CRE Insurance
Corporate round-up
Chubb Global Markets names marine leaders, Travelers Europe appoints Aaron Devitt as COO and Liberty appoints new CUO of specialty lines.
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Africa
Risk managers must be prepared for sudden change
African risk managers must be better prepared for sudden changes, caused by local but also international events, according to a series of risk reports published at the start of this…
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Insurers and brokers need to step up and prove value to clients
Insurers and intermediaries should be working together in a bid to better serve risk management clients, according to Natasha Wally.
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Africa
African governments and insurers urged to get behind nat cat pools
New solutions to catastrophic risks are being tested in Africa and could offer ideas to improve how other parts of the world tackle those threats, according to Tanguy Touffut, head…
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Africa
Insurance capital flight strangles local capacity
There is a need to ensure that most of the insurance and reinsurance premiums generated from Africa remain in Africa, to improve Africa’s insurance capacity.
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Africa
African leaders must react fast to keep pace with change
The only thing that worries Africa’s political and economic leaders about disruptive revolutions in industry, energy, trade and education is that they won’t be fast or big enough to keep…
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Africa
Risk management to be pushed hard as insurer differentiator
A new initiative has been launched by South Africa-based insurer Hollard to encourage greater risk management across Sub Saharan Africa.
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Africa
News in brief
Microinsurance on rise, South African exams open, Ace grows South African team, Kenya visa initiative and Private equity challenge.
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Africa
Up and running for 2016
It certainly seems to be the season for risk reports, with global, regional, local and even sector-specific reports all being published as we head into 2016.