Ben Norris
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Europe
Buyer associations step up campaign to bring about global programme rule changes
Insurance buyer associations have this month announced plans to step up lobbying efforts with supervisors and regulators to improve rules…
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CRE Insurance
Proposed damages for late claims payment in UK set to transform landscape says leading lawyer
The UK government's proposals to penalise insurers for late claims payment could transform the country's claims landscape, according to law…
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Association News
New Ferma president convinced certification key to unlocking risk management potential
Jo Willaert took over as president of Ferma at the close the federation's Risk Forum 2015 in Venice last week…
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CRE Insurance
Amtrak completes first multi-peril corporate cat bond
Amtrak, the US transport firm, has completed its $275m cat bond making it the first corporate to secure multi-peril coverage…
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Asia
California wildfire claims over $1bn with much of peak season still to run
Wildfires in California last month caused insured losses of over $1.1bn, making this year already the most costly from the…
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Association News
XL Catlin to maintain capacity levels and align with captives: Lyles
XL Catlin's chief regional officer of insurance, Kelly Lyles, has sought to allay risk manager fears about a loss of…
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CRE Insurance
Uncovering AIR’s ambitious cyber model plans
Commercial Risk Europe’s Ben Norris spoke to AIR Worldwide’s manager and principal scientist, Scott Stransky, about the firm’s forthcoming advanced…
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Association News
Ferma to push for global programme rule changes
Ferma is formulating a strategy to tackle the issue of global programme compliance in the hope of delivering regulatory rule…
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Association News
Ferma teams up with Axco to provide global programme database to members
Ferma is forging a partnership with Axco Insurance Information Services (Axco) to bring its global programme compliance database specifically aimed…
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Association News
Risk management community must work harder to address talent shortage
The risk management industry faces a talent shortage and must work harder to attract and deliver the young, diverse risk…
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CRE Insurance
Insurers must stop demanding onerous info from insureds: ACE
Leading figures at ACE have conceded that insurers are demanding too much onerous risk information from clients and urged their…
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CRE Insurance
Marsh survey finds European firms not grasping cyber risk: supply chain weakness exposed
The majority of European risk managers are failing to properly identify, analyse and understand their organisations’ cyber exposures, primarily due…
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CRE Insurance
UK’s Rehabilitation Code updated
The International Underwriting Association (IUA) and the Association of British Insurers (ABI) has published a new and updated version of…
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CRE Insurance
Global and European insolvency outlook deteriorates: Atradius
Although the number of global and eurozone insolvencies is still predicted to fall in the year ahead, the outlook has…
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CRE Insurance
Engineering insurers must better tackle political risk: claims protocol published–IMIA
The International Association of Engineering Insurers (IMIA) has warned that growing political and economic unrest is leaving its members exposed…
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CRE Insurance
Inclusion@Lloyd’s Dive In festival calls on insurance industry to embrace diversity
Speaking on the opening day of the Inclusion@Lloyd's Dive In festival this week Nicolas Aubert, CEO of Willis GB, called…
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CRE Risk Management
Risk professionals hold upper hand as demand jumps 44% in City of London
There has been a huge leap in the number of permanent risk roles in the City of London and a…
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CRE Insurance
ACE launches $100m global cyber solution with integrated risk management solutions
ACE has launched a global cyber facility with up to $100m of primary capacity and integrated risk management solutions.
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CRE Insurance
Risk management influence rising but professionalism needed to take next step, finds ACE survey
A new survey by ACE finds that European risk managers believe their influence has increased over recent years but suggests…
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CRE Insurance
Insurers urged to help define cyber risk before selling cover
Despite improvements to cyber cover, leading Nordic risk managers are concerned that insurance policies may not provide adequate protection, primarily…