Ben Norris
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CRE Insurance
Spotlight falls on CROs as business faces up to cyber risk in 2018
Chief risk officers (CROs) will become one of CEOs’ “most valuable assets” in 2018 as companies face up to cyber…
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BI
Munich Re and easyJet develop groundbreaking cancellation cover
An innovative business interruption coverage that protects airlines against financial shocks caused by major flight cancellations has been devised by…
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CRE Risk Management
Risks for UK manufacturers tip the balance in 2018
UK manufacturers said they face more risks than opportunities in 2018, with Brexit dominating the list of concerns, according to…
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CRE Insurance
Travelers Europe adds to technology cyber package
Travelers Europe has boosted its cyber insurance cover for technology companies in the UK and Ireland, to offer improved protection…
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CRE Insurance
New cyber warnings follow microchip bugs
Insurer CNA Hardy has warned businesses affected by two bugs – dubbed Meltdown and Spectre – affecting Intel and other…
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CRE Insurance
US flood programme backed by new $1.46bn reinsurance package
A panel of 28 private reinsurers has supplied a new $1.46bn package of protection to the US National Flood Insurance…
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Association News
Airmic says buyers will inform UK regulator’s study into broking practices
Risk management association Airmic and its members are working with the UK’s Financial Conduct Authority (FCA) on its market study…
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CRE Risk Management
IRM licenses risk course in Lebanon
The Institute of Risk Management (IRM) has rolled out its Fundamentals of Risk Management (FoRM) qualification to Lebanon. Delivered by…
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CRE Risk Management
Petrobras proposes $2.95bn investor settlement over bribery probe
Brazilian oil company Petrobras has agreed to pay $2.95bn to settle a class action lawsuit in the US, brought by…
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CRE Risk Management
Poland’s risk rating unchanged as EC considers sanctions
Measures taken by the European Commission (EC) against Poland over its national law on judicial appointments are negative for the…
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Benelux
Storm Burglind hits insurers for €300m, say reports
Storm Burglind is estimated to have cost insurers €300m in losses from heavy rain and wind that struck Germany hard…
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CRE Insurance
MS Amlin names Simon Beale as new CEO
Simon Beale, chief underwriting officer at MS Amlin, is to succeed Charles Philipps as CEO on 1 April 2018. Mr…
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CRE Risk Management
MetricStream appoints new CEO for ‘next chapter’
Risk solutions company MetricStream has appointed Mikael Hagstroem as president and CEO. Effective immediately, Mr Hagstroem will succeed Shellye Archambeau,…
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CRE Insurance
Reinsurance price increases lower than feared at Jan renewals
For the first time in half a decade, reinsurance costs increased at the January renewals, but buyers will be pleased…
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BI
Hurricane losses set new cat record in 2017: Munich Re
Heavy hurricane losses contributed to an annual insured loss record of $135bn in 2017, according to Munich Re. Its figures…
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Aviation
Commercial aviation safety at all-time high
A record low number of accidents and fatalities made 2017 the safest ever year for commercial aviation, according to the…
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Benelux
Munich Re readies GDPR compliance tool as experts warn many firms not ready for new rules
Help is at hand for businesses struggling to be ready for the EU’s General Data Protection Regulation (GDPR), which comes…
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Association News
Robert Cartwright appointed RIMS president for 2018
Robert Cartwright has been appointed president of RIMS for 2018, following a term as vice-president last year. Mr Cartwright –…
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CRE Insurance
BoE says EEA insurers can apply for branch authorisation
Insurers have welcomed the Bank of England’s pre-Christmas announcement that it will allow international insurers to operate their branches normally…
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CRE Insurance
Lloyd’s plans to ‘do more with what it has’
Lloyd’s is planning to switch its focus from acquiring new international licences to maximising business opportunities from existing markets, according…