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CRE Insurance
European firms lag U.S. on data breach response
European companies need to boost their data breach response to meet the rising cyber threat and the demands of growing regulation, according to a panel of experts taking part in…
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CRE Insurance
ISACA survey reveals lack of confidence to fend off cyber attacks
A new global survey by IT association ISACA reveals that only 38% of organisations worldwide believe they are adequately prepared to fend off a sophisticated cyber-attack. This is despite the…
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Association News
AMRAE Formation vows to monitor risk education standards in France
AMRAE has vowed to keep tabs on the quality of risk management courses offered by France’s universities and institutes amid fears that some may not be up to scratch. The…
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CRE Risk Management
IRM names new CEO
The Institute of Risk Management (IRM) has this week appointed Ian Livsey as its new chief executive officer after a year-long search. Mr Livsey takes over from interim CEO Jeremy…
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Association News
De Castries warns French corporate buyers that prices have hit rock bottom
The influential leader of one of the world's biggest insurers warned at the annual AMRAE meeting of French risk managers yesterday that premium prices for corporate business have fallen too…
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Association News
Risk managers making huge strides in France: Canaméras
Risk management has made great progress in France during the past four years and gained new relevance within French firms, according to AMRAE’s president Gilbert Canaméras.
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Association News
AI threatens the future of risk profession warns tech guru
The emergence of artificial intelligence (AI) could spell the end of the risk management profession, according to a technology guru.
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Association News
Insurers urged to learn lessons from cyber cover mistakes
Leading European risk managers have urged the insurance industry to learn lessons from its ill-conceived introduction of cyber risk cover in order to deliver better solutions for future and tricky…
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Association News
Terror threat grows at home and abroad warns expert
The facilities of western companies in countries where fundamentalist groups are active are increasingly at risk of attack from radicals such as ISIS, a terrorism expert told risk managers in…
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New risk, new risk managers
With new technologies rapidly complicating the risk landscape, risk managers must develop their knowledge and skills sets with equal speed to keep on top of IT and cyber threats. The…
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Association News
French firms struggling in fight against corruption
Evidence suggests that anti-corruption efforts among French firms fall below the standards set by many of their global competitors. Experts say this leaves French multinationals exposed to regulatory backlash and…
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CRE Risk Management
UN turns to private sector for disaster resilience help
A major international disaster risk reduction agreement, known as Hyogo II, is expected to be signed by members of the United Nations (UN) in March. It will likely see the…
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CRE Insurance
The M&A battleground
It is very hard to disagree with the justification for the acquisition of Catlin by XL for $4.1bn from a corporate insurance managers perspective and the same goes for the…
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CRE Insurance
Catlin and XL agree $4.1bn deal: a match made in heaven?
XL has formally announced its plan to buy Catlin in a $4.1bn deal. In a call to analysts last month XL CEO Mike McGavick and Catlin CEO Stephen Catlin made…
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CRE Insurance
Analysts question value of AXIS-PartnerRe deal
Risk managers may welcome news of the proposed $11bn merger of AXIS Capital and PartnerRe as it will create a bigger and better-capitalised specialty insurance and reinsurance group theoretically able…
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CRE Insurance
Willis Miller deal unlikely to be last broker M&A in 2015
Willis has agreed a deal with Miller to take its corporate and reinsurance business in-house and create a combined new wholesale broker under the Miller brand, in which Willis will…
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CRE Insurance
German managers feel more exposed to D&O risks
Senior German executives and managers believe they are susceptible to even more market risks than previously. "The subjective feeling is that risks are increasing," said Diederik Sutorius, Manager of Cologne-based…
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CRE Insurance
UK boards improving on cyber risk but more work needed finds government survey
A new UK government report and survey finds that UK boards are increasingly taking cyber risk seriously but suggests more needs to be done in this critical area.
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CRE Insurance
IUA concerned by lack of insurance expertise at UK regulator as new insurance supervisor named
The Bank of England this week finally appointed a new executive director of insurance supervision in the form of Sam Woods following the departure of Julian Adams in August of…
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CRE Insurance
European insurers remain strong but banana skins ahead
Despite a softening market, European commercial lines insurers are expected to remain financially strong, at least for the next few years.