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Europe
Editor’s comment–The law of unintended consequences
According to Wikipedia, the law of unintended consequences has come to be used ‘as an adage or idiomatic warning that an intervention in a complex system tends to create unanticipated…
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Europe
Czech Republic market report
After seeing a contraction in 2012, partly the result of austerity measures, and again in 2013, the Czech economy is picking up in 2014. According to credit insurer Atradius, it…
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Europe
Going ‘glo-cal’–Royston Ford, Cunningham Lindsey
It used to be so much easier: as businesses grew beyond their home borders and became global in their scale and vision, it was possible–desirable even–to rely on trusted business…
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CRE Insurance
Grasping the full potential of cyber insurance
Last month’s JLT Global Digital Risks & Technology Forum saw risk managers and transfer partners gather in Salzburg, Austria to discuss the latest developments in cyber risk and insurance solutions.…
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Association News
Don’t miss the boat–comment
It is great news that Ferma has announced concrete plans to deliver its pan-European certified risk manager status as early as next year.
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Association News
AMRAE guide evaluates true cost/benefits of risk transfer
Last month AMRAE published a new guide to help companies better evaluate the cost benefits of risk transfer, unveiled a new set of logos and was encouraged by its government…
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Association News
Government calls for collaboration with AMRAE to protect overseas staff
AMRAE has been urged by the French government to get more involved in the prevention and management of risks faced by French staff abroad.
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Association News
AMRAE unveils new logo
AMRAE has unveiled a set of new logos. They come in four colours with each version used to represent a key area of activity within the association.
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Association News
Ferma’s Michel Dennery gives further details on certification plans
Following news last week that Ferma has given the go ahead to its risk manager certification scheme, the federation's vice-president gave further details on the initiative to Commercial Risk Europe.
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Association News
Rims’ Mary Roth named president of Ifrima
The International Federation of Risk and Insurance (Ifrima) has appointed RIMS' executive director Mary Roth as president. She takes over the reins from Ferma board member Carl Leeman.
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CRE Insurance
JLT launches cyber attack simulation tool to grab CEOs attention
JLT has teamed up with Professor Dr Marco Gercke, who works as an adviser to different international organisations, such as NATO, national governments and big corporations, to provide a stress-testing…
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Climate Change
Plans to reduce pollution threaten French companies
The implementation of mandatory anti-pollution plans in France threatens the survival of companies located near potentially dangerous industrial sites, warns an association of local government officials.
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CRE Insurance
Overcapacity in primary market leading to improved CBI cover says Willis
Overcapacity in the international construction, property & casualty insurance markets in the first half of this year has resulted in general rate reductions of up to 30% for commercial buyers…
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CRE Risk Management
Experience and knowledge of the company crucial for risk managers
Commercial Risk Europe's North American correspondent Regis Coccia recently carried out a survey of leading US risk managers as part of the Global Risk Frontiers project, which appears in the…
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CRE Risk Management
Multitasking is key for successful risk management
Brigitte Deckers is corporate risk manager of Belgium-based Recticel, the group that produces filling for a range of industrial and domestic applications worldwide. The group has almost 8,000 employees and…
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CRE Insurance
Corporate round-up
FM Global appoints Lawson as president and Hall as COO, Beazley expands open market property underwriting team, Banco Pactual to purchase Ariel Re and AIR improves US Severe Thunderstorm Model.
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Africa
FDI on the rise in Africa as overseas perceptions improve
Africa is attracting ever-greater attention from investors but there is still a major divide between those with experience in the region and those without, according to a new report from…
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Africa
Victory for Senegalese government in mine case
The Senegalese government has claimed victory after Indian steel and mining company ArcelorMittal was ordered by the International Chamber of Commerce’s arbitration court in Paris to pay the country US$150m…
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Africa
Natural disaster claims numbers almost double
The number of natural disasters has nearly doubled in the past three decades, with the cost of such events rising substantially–from around US$50bn annually in the 1980s, to just under…
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Africa
Continental Re set to expand and offer pan-African coverage
African reinsurer Continental Re is set to launch a subsidiary in Botswana to serve southern Africa, as part of its plan to cover the continent from fully licensed offices rather…