Ben Norris
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CRE Insurance
US p/c rates fall at year-end
US property and casualty insurance composite rates were 4% down in December, as insurers continued to fight for market share,…
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CRE Insurance
Commission approves extension of Danish and Finnish short-term export credit schemes
The European Commission has found, in two separate decisions, that the proposed extension of the Danish and Finnish short-term export…
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CRE Insurance
Commission approves acquisition of Amlin by Mitsui Sumitomo
The European Commission has approved the acquisition of Lloyd’s-based insurance group Amlin by MS&AD Insurance Group of Japan, via its…
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CRE Insurance
Agreement reached on Commission’s EU data protection reform
The European Commission’s proposals on EU Data Protection Reform that were originally proposed back in January 2012 and designed to…
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CRE Insurance
EU seeks to extend sanctions on Russia
The European Union revealed this week that it seeks to make a formal decision on the extension of economic sanctions…
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CRE Insurance
Expect more M&A and falling prices in 2016: Wells Fargo
Risk and insurance managers can look forward to another year of falling rates and more mergers and acquisitions in the…
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CRE Insurance
Demand and capacity for M&A insurance rising worldwide
The global merger and acquisitions boom is driving demand for transactional insurance coverages that protect investors from unwelcome surprises embedded…
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CRE Insurance
Insurers report big increase in last minute ‘gold plating’ of Solvency II
Insurers have reported a huge increase in the number of European member states ‘gold plating’ Solvency II as they impose…
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CRE Insurance
Insurers reduce area deemed at high risk of piracy as Somali attacks dwindle
Following a marked decrease in pirate attacks off the coast of north east Africa, London market insurers have reduced the…
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CRE Insurance
Disruptive forces to shape business risk in 2016
Businesses need to prepare for a wide range of disruptive forces next year, according to the annual RiskMap 2016 report…
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CRE Insurance
Companies set for specialist cyber directors and risk committees in 2016
Companies will increase their cyber risk boardroom expertise next year to combat the growing cyber threat and ensure they are…
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CRE Insurance
Corporate roundup
Allied World launches Global Crisis Management Division, Cunningham Lindsey appoints MD for Latin America, AWAC enters fine art and specie…
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CRE Insurance
Shareholders finally approve Willis Towers Watson merger
Willis and Towers Watson shareholders have approved the merger of the two firms despite a battle to prevent the deal…
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CRE Insurance
Brussels watch: New distribution rules, data protection reform, sanctions on Russia, Amlin deal green light…
The European Council this week announced the adoption of a directive that establishes new rules on insurance distribution that is…
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Benelux
Sanctions risk complicated by US exposure and lack of guidance
European risk managers must beware of their companies fouling foul of US, as well as EU, sanctions and need to…
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Africa
Talking shop—risk managers find plenty to voice their opinions on
Delegates at Commercial Risk Africa’s Risk Frontiers West Africa: Changing The Risk Landscape event in Lagos joined a series of…
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Climate Change
Stricter enforcement of environmental rules and mandatory covers on the horizon, predicts insurer
There will be more focus on enforcement of environmental legislation across the world, including the EU, going forward, and a…
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CRE Insurance
Technology rapidly changing PI risk landscape
Technological developments have had the biggest impact on companies’ professional indemnity [pi] exposures over the past 20 years, demanding a…
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CRE Insurance
Commercial insurance boss and CFO to leave AIG in exec shake-up
Four of AIG's executive team, including its head of commercial insurance and chief financial officer (CFO), will leave the company…
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CRE Insurance
Insider attacks the main cause of rising fraud: survey
A growing number of companies across the world have suffered from fraud in the last year with insiders causing most…