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Europe
Myanmar market report
Clyde & Co partner Michael Horn recently visited Myanmar's commercial capital Yangon and in this article he reports on the current state of the insurance market in Southeast Asia's second…
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Europe
Providing efficient claims handling within a global insurance programme–Steve Eckhardt & Catherine Shaw, AIG
Although only one of the many elements in designing a global insurance programme, decisions relating to where, and how, the client requires claims to be adjusted and paid is critical…
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Europe
Global Risk Frontiers Survey 2014
This year’s survey, sponsored by ACE, AIG, Zurich and the QFC Authority, was split into two parts. The first was focused on risk management and the second risk transfer.
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Europe
European Risk Frontiers Survey 2014
This year’s European Risk Frontiers survey, sponsored by HDI-Gerling, is based upon interviews and roundtables with close to 100 leading European risk managers.
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Europe
European Risk Frontiers Survey 2014–The insurer’s perspective
Commercial Risk Europe editor Adrian Ladbury interviewed Dr Edgar Puls, Member of the Management Board of HDI-Gerling, about the findings of this year’s European Risk Frontiers survey that the Hanover-based…
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CRE Insurance
Concessions welcomed by buyers as Pool Re votes in favour of new arrangements
Members of the UK terrorism reinsurer Pool Re have today voted in favour of a new retrocession arrangement following last minute concessions by its government over potential changes to the…
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Captives
Solvency II to bolster not hinder captives says Nordic expert
The spotlight placed on captives under Solvency II will likely lead to the vehicles becoming more important risk management tools that garner increased attention from boards and top management on…
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CRE Insurance
Regulatory risk threatens European power supply
The delivery of secure and affordable power across Europe is under threat because regulatory uncertainty is reducing investment in infrastructure, according to new research by Marsh.
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Association News
New guidance from FRC is a shot in the arm for risk management
Experts have welcomed new guidance from the Financial Reporting Council (FRC) on risk management, internal control and related financial and business reporting that forms part of the updated UK Corporate…
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CRE Insurance
Big growth in transactional risk market: Marsh
The use of transactional risk insurance to mitigate risk in mergers and acquisitions is on the rise, according to new figures from Marsh.
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Benelux
EC moves to stop spread of avian influenza
The European Commission this week adopted emergency measures to help contain an outbreak of avian influenza in Holland, the UK and Germany.
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CRE Insurance
Open networks create huge cyber vulnerabilities for power sector warns Marsh
Open networks in the digital age have created huge cyber vulnerabilities for the power industry, Marsh warned this week as it released a survey showing that nearly three quarters (72%)…
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CRE Insurance
Corporate round-up
Hamilton to take over Sportcover's managing agent and Kinetic, Mark Potter joins Aon's power practice in strategic role, Argo International launches contingency business line and RFIB appoints David O'Gorman as…
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CRE Insurance
New solutions and territorial expansion key focus for insurers in 2015 shows survey
Risk managers will be pleased by findings of a Guy Carpenter survey that suggests risk transfer partners will focus on product development and expansion into new geographic markets to drive…
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CRE Insurance
Positive rating picture from Zurich as softer phase forecast
Zurich Insurance Group reported a positive picture for risk and insurance managers this third quarter as the group reported a decent set of quarterly results in line with the sector…
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CRE Risk Management
UK risk managers face more aggressive enforcement of competition rules warns regulator
UK companies are not giving compliance with competition law the attention it deserves and risk managers need to prepare for more aggressive regulatory enforcement action, Lord Currie, Chairman of the…
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Captives
Multinational captives prioritise claims services from fronting insurer: ACE
Research from ACE shows that 70% of European risk managers have increased their use of captives over the past three years to manage global risks and tend to prioritise effective…
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CRE Insurance
AGCS reports increased revenues and profits
Allianz Global Corporate & Specialty (AGCS) reported gross premiums written for the first nine months of this year of €4.2bn, an increase of €175m against the €4bn reported for the…
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CRE Insurance
European and global financial risks grow but experts say threat to business overhyped
While economic and financial market volatility has increased over recent months the extent of the risks may have been overstated, according to two economists at leading insurance and reinsurance groups.
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Aviation
Insurance buyers face ‘upward pressure’ on aviation rates–AM Best
Buyers of aviation insurance face higher prices in coming renewals because of the recent crash of the Virgin Galactic test flight and the Antares rocket explosion, according to credit rating…