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Europe
State v Federal Regulation of Insurance in the US
Insurance regulation in the US has traditionally taken a state-based approach, while the federal government preoccupied itself with banks and capital markets when it came to the regulation of financial…
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Europe
The good news and the bad–comment
As reinsurers gather this week in Monte Carlo, risk managers should keep an eye on the various pronouncements that emanate from the Principality about where the reinsurance market is headed.…
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Europe
Future of trade credit insurance white paper
A new white paper exploring the current export and credit environment, supply chain disruption, global sovereign debt concerns and the threats posed by non-payment and political risks, has been published…
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Europe
News in brief
Negative outlook for Argentine insurers from Moody’s, Strong growth in Singapore's offshore gross insurance premiums, Expert panel assesses MENA insurance potential, Allied World buys RSA's Hong Kong and Singapore operations,…
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Europe
Tax and regulatory news
Latest IPT Update from TMF Group, Italian IPT legislation update from FiscalReps, California and Virginia sign IAIS memorandum, Insurance Europe on IAIS' G-SIIs consultation, India expects FDI bill to pass…
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Europe
Captive news
Aon launches captive benchmarking survey, Rated US captive insurers outperform commercial sector, London & Capital launches Captive Indices, High risk country list removed from FCA website, Fitch report on NAIC…
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Europe
Singapore market report
Singapore has a well-developed insurance market and is the region's hub for insurance and reinsurance. It is also a thriving captive domicile. Last year's International Monetary Fund report, Detailed Assessment…
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Europe
Why local is best–Clive Hassett, ACE
There is a fundamental paradox in the modern commercial world. Although globalisation and multinational companies are the dominant engines of the world economy there are few global commercial standards, regulations…
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Association News
Risk management improvements negate argument for rate rises
German industry has invested heavily in risk management and improved its claims profile over the last 10 to 15 years which means that industry-wide premium rate increases are unjustified, Alexander…
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Association News
Risk managers need to watch for Black Swans
Risk managers should pay more attention to so-called black swans, according to Edwin Meyer, General Manager Risk and Insurance at global steel company Arcelor Mittal and board member of German…
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CRE Insurance
Big reinsurers vow to focus on innovation in corporate expansion drive
In the week that DVS chairman Alexander Mahnke called for a renewed focus on innovative solutions from the corporate insurance market, both of the world’s biggest reinsurers told Commercial Risk…
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CRE Insurance
Reinsurers under pressure ahead of renewals season
Reinsurance rates are expected to fall further at renewals in 2015, as reductions spread to Europe and Asia, causing rating agents to take a negative view of the sector.
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CRE Insurance
Alternative capital to tame insurance cycle say rating agencies
The growth of alternative capital will affect the length and nature of the insurance cycle, according to Robert de Rose of AM Best. Following a large loss swings in rates…
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Association News
Leading DVS players urge buyers to make use of alternative risk capital
Leading German insurance buyers believe that the time has come for their colleagues to get to grips with the growing potential of alternative transfer and financing options for their companies’…
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Association News
Buyers market in Germany but some concern over property risks
Despite a spate of natural catastrophes to hit the German insurance industry, the country’s risk managers face a generally soft market, according to risk and insurance experts interviewed by Commercial…
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CRE Insurance
Guy Carp launches probabilistic European hail model as losses mount
Guy Carpenter has launched a probabilistic European hail model to help the risk transfer industry better manage a peril that has recently caused record losses in Germany and beyond.</p.
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Association News
Man of Steel
Edwin Meyer is General Manager Risk and Insurance at ArcelorMittal and board member of the German insurance risk managers’ association DVS. He also plays a prominent role in other leading…
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CRE Insurance
Physical losses still top claims table but intangible risks on the rise: AGCS review
Technology, economic growth, climate change, societal change and the fast developing legal and regulatory framework worldwide are all factors driving the evolution of corporate risk, claim experts at Allianz Global…
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Association News
Rising regulation causes higher costs and reputational damage for all: Hürlimann
Regulatory regimes around the world are increasingly inconsistent leading to higher costs for insurers and the wider business world in general and a growing threat of reputational damage, said Thomas…
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Association News
Sell our profession or lose relevance says DVS’ Mahnke
To maintain or improve their standing and relevance, insurance risk managers need to better explain their role and why industrial insurance cover is vital to companies, Alexander Mahnke, the new…