Ben Norris
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Captives
Solvency II review set to improve proportionality for captives: EIOPA
EIOPA’s 2020 Solvency II review will look to improve proportionality for captives and could, for the first time, see some companies…
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Benelux
Belgium’s Asco confirms ‘large-scale’ ransomware attack
Belgian aviation manufacturer Asco has confirmed a “large-scale” ransomware attack that has taken down all business activities and its communications.…
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Africa
Cargo theft loss prevention must focus on insider threat: report
Theft from trucks continues to account for the highest proportion of cargo thefts worldwide and the threat from insiders –…
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Asia
Insurers may fight claims from Australia’s financial services scandal
The insurance industry could face large losses from the Australian Royal Commission’s probe into misselling in the country's financial services…
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Aviation
BGC Insurance takes on aviation brokers with new launch
BGC Insurance Group, part of global brokerage BGC Partners, has launched a specialist global aviation and aerospace insurance and reinsurance…
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CRE Insurance
Hiscox rolls out cyberattack calculator
Specialist insurer Hiscox has developed an online calculator to quantify businesses’ exposure to cyberattack and boost mitigation. The Cyber Exposure…
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CRE Risk Management
Investors accuse over 700 global firms of not disclosing environmental impact
Environmental, social and governance (ESG) risks and reporting continue to rise up the corporate agenda, as a group of 88…
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CRE Risk Management
Risk managers urgently need to pay attention to rising sea levels
Risk managers need to pay urgent attention to rising sea levels, after scientific research suggested the risk could be much…
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Asia
Insurance costs to rise as two more tankers hit in Gulf of Oman
Two further torpedo attacks on oil tankers in the Gulf of Oman that left one vessel ablaze and both adrift…
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CRE Risk Management
Firms ignoring more obvious risks as media hype sways perception: BDO survey
Some 76% of 500 c-suite executives and risk experts believe “hype cycles” or “black swan” events driven by media stories…
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CRE Risk Management
Collinson partners with TRIP to bolster global medical and security expertise
Medical and travel risk management firm Collinson has partnered with the Travel Risk & Incident Prevention Group (TRIP), sharing its…
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CRE Risk Management
IRM and IOR join forces
The Institute of Operational Risk (IOR) is joining the Institute of Risk Management (IRM), in a move that both believe…
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Asia
Singapore and UK join forces in fight against cybercrime
The Monetary Authority of Singapore (MAS), the Bank of England and the UK Financial Conduct Authority (FCA) have announced that…
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CRE Insurance
Buyers welcome Lloyd’s strategy but execution in doubt
Lloyd’s ambitious modernisation plans have been broadly welcomed by buyers and market participants alike. However, some question the market’s ability…
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CRE Insurance
Insurers say US-led market hardening is accelerating
Corporate risk and insurance managers must steel themselves because the commercial insurance market is hardening across multiple lines and geographies,…
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Analysis & Opinion
Time to prepare for a sustained hard market
It seems that the corporate insurance market is finally turning. If they have not already done so, risk and insurance…
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Asia
Hard lessons from Australia’s financial services scandal and liability crisis
Widespread misconduct in the financial services market has dominated the news in Australia, but the scandal has important lessons for…
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Analysis & Opinion
Tech to drive risk prevention trend
Technology will help shift risk management emphasis onto prevention rather than transfer, Fujitsu’s chief technology officer for the Europe, Middle…
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CRE Insurance
Insureds struggling with late notice of changes to cover
Risk managers are struggling with late decisions from insurers on renewal programmes, particularly if it is resulting in withdrawal of…
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CRE Insurance
The sharp end: claims
With the insurance market hardening, it is no surprise that risk managers report increased internal scrutiny from senior management and…