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CRE Insurance
ACE becomes biggest commercial P&C insurer in Brazil
ACE Ltd announced yesterday that it has received all regulatory approvals needed to close its acquisition of the large corporate property and casualty business of Brazilian insurer Itaú Seguros from…
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Europe
Airmic CEO joins call for IAIS action on global programmes
Airmic CEO John Hurrell has added his weight to the rising demand among European and international risk managers for action from international supervisors to help the market make insurance regulation…
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Europe
Multinationals to extend use of global programmes: ACE survey
More than eight out of ten European companies expect to increase their use of multinational insurance programmes over the next three years as they become increasingly concerned about the risk…
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Europe
Top causes of loss for businesses–Allianz
Allianz Global Corporate & Specialty (AGCS) has pointed to the increasingly high values at risk in industrial insurance claims in a new report that identifies the top causes of loss…
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Europe
EIOPA calls for greater supervisory cooperation
Europe's main insurance regulatory body, EIOPA (European Insurance and Occupational Pensions Authority), has called for local supervisors to work together to ensure the market operates under robust standards and to…
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Europe
Liability claims on the increase–Swiss Re
Accelerating economic growth and technological, social and regulatory changes will increase both claims severity and demand for liability insurance, according to the latest Swiss Re sigma study.
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Europe
Complex global programmes causing large claims issues
A leading loss adjusting firm has warned that the increasingly complex structure of global programmes is creating issues when it comes to large claims. According to loss adjuster Cunningham Lindsey,…
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Europe
Modelling corporate risk–comment
This month's International Programme News includes three articles relating to losses and claims: one from an insurer (Allianz), one from a reinsurer (Swiss Re) and one from a loss adjuster…
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Europe
Tax and regulatory news
Latest on Airmic's global compliance database, France to raise IPT on legal expenses contracts, Bahamas: insurance exemption from VAT?, TMF Group IPT Update, Ireland reaffirms 12.5% corporate tax rate, ASEAN…
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Europe
News in brief
Ferma survey sees increase in international programmes, World's top 150 broking groups by revenues, S&P highlights credit quality of global multiline insurers, Aon highlights multinational collaborations, Global marine premiums fall-IUMI,…
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Europe
On the move
Allianz Global Corporate & Specialty appointments and ACE appointments in Europe.
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Europe
Captive news
Ferma survey shows captive use growing, North Carolina off to a flyer, Willis appoints Guernsey managing director, Gibraltar publishes ILS Guidelines and ILS report from Guy Carpenter.
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Europe
Venezuela market report
Venezuela has the largest oil reserves in the world, but it also has high and rising inflation and deep economic problems. The leading rating agencies recently downgraded Venezuela's credit rating…
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Europe
Tread carefully with IPT–Mike Stalley, FiscalReps
As demand for greater global knowledge and compliant global insurance programmes grows, the landscape continues to evolve: incorporating emerging markets, the expansion of the EU and the changing ability to…
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Europe
European Risk Frontiers Survey 2014–Belgium
The HDI-Gerling-sponsored European Risk Frontiers roundtable discussion organised in Brussels with leading members of Belrim earlier this summer was as lively as ever and led to some very positive and…
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Europe
Risk managers need to find solutions not problems–Belgium
Without doubt the question that generated the most response from this year’s European and Global Risk Frontiers survey was: ‘What skills and qualities does a risk manager need to be…
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Europe
Risk managers need to talk and walk–Belgium
Belgian risk managers agree with many others around Europe and the world that it is critical for the modern day risk manager to get out of their office and talk…
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Europe
Risk manager or insurance manager?–Belgium
One of the reasons why the European and international risk and insurance management community is finding it difficult to gain recognition within the wider business community is arguably the fact…
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Europe
Compliance and standards not the friend of active risk management–Belgium
One of the reasons why risk management has risen up the corporate agenda in recent times is because of the arrival of a raft of rules and regulations introduced at…
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Europe
IAIS support for more consistent global programmes welcome but unlikely–Belgium
Risk managers around Europe and worldwide would love to see a commitment from the International Association of Insurance Supervisors (IAIS) to bang national insurance regulators’ heads together and help bring…