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CRE Insurance
Marsh agrees principles with major carrier to improve contract efficacy
Marsh has agreed a set of principles with a major carrier to help ensure that UK insurance contracts work more favourably for buyers.
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Association News
Airmic says Pool Re changes good for buyers
Airmic has welcomed changes to terrorism reinsurer Pool Re that it believes will benefit risk managers despite the reported hike insurers will have to pay the UK government to remain…
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CRE Insurance
UK government plans to ban insurance kidnap and ransom payments
The UK government has moved to ban the reimbursement of terrorist-related kidnap and ransom payments by insurers. The insurance industry has however downplayed the impact of the change on the…
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CRE Insurance
Marsh launches UK terrorism facility
Bowring Marsh, the dedicated specialist international placement broker for Marsh, has launched a UK terrorism insurance facility to offer insurance buyers an alternative to Pool Re. Marsh says the new…
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CRE Risk Management
Survey suggest firms underestimating impact of new FRC risk guidance and code
A survey commissioned by the Institute and Faculty of Actuaries (IFoA) finds that companies are yet to fully get to grips with the Financial Reporting Council's (FRC) revised Corporate Governance…
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CRE Insurance
Healthy rate reductions for the majority of risks says Marsh UK
UK risk managers can typically expect to see rate reductions of up to 10% at forthcoming renewals as insurers post healthy results and competition remains fierce, according to Tim Pritchard,…
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CRE Risk Management
BSI publishes new resilience standard
The British Standards Institution (BSI) has published a new standard to help organisations build resilience.
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CRE Insurance
Corporate round-up
China Re gets approval for standalone Lloyd's syndicate, New sales executive for AXA Corporate Solutions Germany, Aon appoints Lindqvist as head of power in Nordic region, Cooper Gay creates Latin…
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Europe
Solvency II and captives: a challenging marriage
It is always good to hear from regulators about what they are doing and why they are doing it, so it was doubly fortuitous at the European Captive Forum 2014…
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Europe
Breathe new (corporate) life into your captive insurer
The concept of captives writing employee benefits is starting to gain traction in Europe, partly because of the impending implementation of Solvency II, and the subject was a big talking…
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Europe
Risk managers in Spain urged to act on captives
Spanish risk managers have been urged to set up captives to optimise international insurance programmes operated by their companies before the hard market comes around.
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Europe
Captives and multinational programmes: choose your partner carefully
Nearly three quarters of European risk managers have increased their use of captive insurance arrangements over the past three years to help manage their multinational risks, according to recent research…
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Europe
The expansion of the D&O insurance market in Brazil
The liability of directors and officers has been considerably extended over the past few years in Brazil as a result of the intensification of the investigations conducted by the local…
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Benelux
Tax and regulatory news
New chairman for IAIS, First global insurance capital standard launched, VAT update from TMF Group, NAIC director warns on unintended consequences of regulation, EU-US Insurance Project forum, UK's mesothelioma levy…
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Europe
News in brief
Compliance and regulation top multinational programme concerns, More sellers than buyers in EMEA insurance market, Fitch positive on foreign insurance investment in Indonesia, Generali adds to Global Corporate & Commercial…
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Europe
Captive news
Cayman sees captive growth, AM Best to expand captive rating coverage, Guernsey assigned AA+ credit rating by S&P and Multinational pools performing well says study from Towers Watson.
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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.