Ben Norris
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CRE Insurance
ABI calls for UK cyber database to develop risk transfer solutions
The Association of British Insurers (ABI) this week called for a national, anonymised database of cyber incidents at UK companies…
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Aon revamps Polish flood model to meet growing insurance demand
Aon Benfield's catastrophe model development team, Impact Forecasting, has launched a new version of its Polish flood model to help…
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Association News
Ferma and CRE launch European Risk Management Awards to drive profession forward
We are delighted to announce that Ferma and Commercial Risk Europe will jointly launch the European Risk Management Awards this…
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CRE Insurance
XL Catlin poaches Lloyd’s CRO Sean McGovern
Lloyd's chief risk officer (CRO) and general council Sean McGovern is moving to XL Catlin as chief compliance officer and…
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Climate Change
ELD is falling short, concludes EC probe
A European Commission (EC) review of the Environmental Liability Directive (ELD) has concluded that the directive is not achieving its…
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CRE Insurance
FM Global clients set for premium credit of $465m
Clients of mutual commercial property insurer FM Global will collectively receive a $465m premium credit due to the firm's latest…
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Climate Change
ELD implementation varies ‘significantly’ with ‘patchwork’ of remediation, concludes EC
A European Commission (EC) review of the Environmental Liability Directive (ELD) has concluded that its implementation still varies significantly between…
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CRE Insurance
ILS market perfectly placed to deliver cyber solutions: BNY Mellon
Investment management firm BNY Mellon believes that the insurance-linked securities (ILS) market is well placed to deliver cyber risk transfer…
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Association News
Time to stop viewing cyber threats as ‘voodoo magic’
The time has come for risk managers and their boards to fully get to grips with cyber risks and stop…
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Africa
Dangers off west Africa but global piracy falls in Q1
There has been a downturn in global piracy during the first quarter of this year but violent attacks off the…
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CRE Insurance
Companies face new risks as EU data protection regs adopted
The European Parliament has voted to adopt the General Data Protection Regulation (GDPR) with the new rules coming into force…
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CRE Insurance
Shipping safety record improves again but economics placing risk management under strain: AGCS
The shipping industry’s improved safety record continued last year with the fewest large losses in more than a decade, according…
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Association News
Ferma’s risk and insurance survey set for launch
The Federation of European Risk Management Associations (Ferma) will launch its 2016 European Risk and Insurance Survey tomorrow, in cooperation…
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CRE Insurance
Risk transfer pricing down again in April, but decline slows a touch
Prices fell again at the April reinsurance renewals, although the overall decline was slightly down on that achieved 12 months…
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Association News
Airmic launches Leadership Advisory Board
Airmic has launched its new Leadership Advisory Board, which will help guide the association going forward.
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CRE Insurance
US suffers $2bn insured losses from spate of storms
Storms and flooding in the US last month caused estimated insured losses of around $2bn, according to Aon Benfield.
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CRE Insurance
Corporate round-up
Worldwide Broker Network adds two new members and International SOS and Control Risks boost TravelTracker platform.
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CRE Insurance
Zurich accelerates efficiency drive to get back on even keel
Zurich chairman Tom de Swaan has reiterated that his firm's general insurance segment, and Global Corporate division in particular, delivered…
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CRE Insurance
AIG Europe delivers stable 2015 results
AIG's European operations delivered stable results in 2015 with key metrics all fractionally up on the previous year. However, adverse…
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BI
Losses mount as companies grapple with supply chain risk
The increased threat from Islamic State (IS) and an influx of migrants caused serious supply chain issues in Europe and…