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Africa
Demand for more innovation from insurers
At its annual conference Airmic published its insurance efficacy guide, rounding off the association’s big drive to ensure insurance products work better for corporates.
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Africa
Back to the future–Lloyd’s of London profile
The world is changing—and the pace of change is accelerating, nowhere more so than in Africa. That’s the view of Vincent Vandendael, Director International Markets for Lloyd’s. He points to…
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Africa
On common ground
While many words have been written about the massive influx of Chinese investment into Africa, much less is being said about the volume and value of Middle Eastern investments in…
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Africa
Tourism/Kenya–Industry Focus
Recent instability has put customer safety at the top of the agenda for tourism companies operating across Africa. Commercial Risk Africa spoke to a specialist broker and the risk manager…
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Africa
Rwanda–Country Focus
The promise of good returns and a secure environment is helping boost investors’ confidence in Rwanda, as Liz Booth discovered on a recent visit.
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Africa
Africa risk managers say it’s the right time for insurance to take off
The time for investing in insurance has never been better, as Steve Mbogo heard at the recent Africa Insurance and Reinsurance Conference in Nairobi.
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Association News
Certification for risk managers gets green light as Ferma approves plan
In a milestone for the European risk profession Ferma's general assembly has agreed the framework and funding for the federation's risk manager certification scheme. Ferma aims to start accepting applications…
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Association News
Ralf Oelssner dies aged 70
Ralf Oelssner, long-standing risk manager of Lufthansa and one of the most prominent figures in the German risk management industry, passed away on 7 July, aged 70.
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CRE Insurance
Criminal liability on the rise in France
French companies are increasingly concerned about the risk of criminal liabilities, a study has revealed.
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CRE Insurance
Cat bond market hits new highs, but corporates stay away
Alternative capital continues to exert pressure on reinsurance markets with record volumes of catastrophe bonds issued in the second quarter and first half of 2014, according to reports from brokers.…
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CRE Risk Management
Financial and health risks feature on Swiss Re’s emerging risks sonar
Deflation and emerging market contagion, cloud computing and e-cigarettes are among the most pressing emerging risks on the horizon, according to reinsurer Swiss Re.
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CRE Insurance
Insured nat cat losses of US$17bn well below half year average: Munich Re
Insured losses from natural catastrophes of US$17bn in the first half of this year are well below the ten-year average of US$25bn, according to figures from Munich Re.
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CRE Insurance
Reinsurance pricing at generational low
The reinsurance market continued to soften at the June and July renewals, pushing prices on some reinsurance programmes to the lowest levels in a generation, according to brokers.
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CRE Insurance
ACE to become largest P&C insurer in Brazil following Itaú purchase
ACE is to become the largest commercial property and casualty insurer in Brazil following its definitive agreement to buy the large corporate P&C business of Itaú Seguros S.A. from Itaú…
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Benelux
Corporate round-up
Guy Carpenter appoints CEO of Benelux region, ACE launches Benelux surety suite and names new underwriting manager, AGCS appoints new senior CMT and cyber underwriter and RFIB makes key international…
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Climate Change
Mandatory ELD financial security scheme not needed or desirable says Insurance Europe following member survey
The European insurance and reinsurance federation Insurance Europe has reiterated its stance that an EU-wide compulsory financial security scheme to cover Environmental Liability Directive (ELD) risks should not be introduced…
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Association News
Ferma elects four board members
Ferma's general assembly has elected four board members and one substitute to serve from 2014 to 2017.
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CRE Insurance
Reinsurance rates fall again with primary buyers reaping benefits
Global reinsurance rates were down again at the June and July renewals as excess capital continues to chase muted demand, according to a report published this week by Willis Re.
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Association News
Ferma joins Europe-wide campaign to reduce workplace stress
Ferma has been named by the European Agency for Safety and Health at Work (EU-OHSA) as an official partner of its 2014-15 campaign to manage workplace stress.
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Asia
Talanx targets international business for growth
Talanx has signalled its intention to grow its international business to deliver profits of €1bn in 2017.