Ben Norris
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Europe
Global programme quality to be driven by insurer focus on compliance–Nordics
Insurers are increasingly focused on the compliance of multinational programmes, which creates more work for risk managers, but also peace…
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Europe
No end in sight for soft Scandinavian market–Nordics
The Nordic risk transfer market remains very soft with new capital only likely to maintain the status quo or even…
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CRE Insurance
Insurers say capital influx will spur innovation as risk managers call for new transfer options
Leading risk managers that this month once again called on insurers to up their game and deliver new solutions to…
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CRE Insurance
Managing risk in the extended enterprise
Following the publication of the Institute of Risk Management’s (IRM) Extended Enterprise: Managing Risk In Complex 21st Century Organisations report,…
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Association News
Ferma urges renewal of IBER to maintain coverage of large risks
Ferma this week urged the European Commission to renew the Insurance Block Exemption Regulation (IBER) for (re) insurance pools. It…
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CRE Insurance
Organisations struggling to manage cyber risk finds EY survey
This year's EY Global Information Security survey suggests that organisations lack the agility, budget and skills to protect themselves against…
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CRE Insurance
BSI releases new global supply chain standard
The British Standards Institution (BSI) this week launched a supply chain information standard for suppliers and buyers at organisations of…
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CRE Insurance
Many insureds feel they don’t need specialist cyber cover suggests survey
A survey of US insurance professionals suggests that the main reason organisations aren't taking out standalone cyber insurance is because…
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CRE Insurance
Cost of cybercrime continues to rise for French and German firms
The cost of cybercrime continues to rise for companies in France and Germany with energy, financial services, utility and technology…
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CRE Insurance
Global marine piracy continues to fall reports the IMB
Worldwide marine piracy has fallen again during the first nine months of this year from its peak in 2011, according…
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CRE Insurance
New IAIS global capital requirements unlikely to cause problems for traditional insurers: Fitch
The basic capital requirements (BCR) for global systemically important insurers (G-SIIs) announced last week by the International Association of Insurance…
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Benelux
Corporate round-up
Swiss Re Corporate Solutions opens office in Frankfurt, XL names Eric Zandvliet as senior political risk and trade credit underwriter,…
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CRE Insurance
ACE pushes on in the Nordics–Bror Sandas, ACE
Bror Sandas is a busy man as Country President for ACE in the Nordics region as the insurer builds upon…
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CRE Insurance
Multinational programme compliance in Middle East, Africa and Asia biggest challenge say risk managers
Compliance and adherance to regulations is the greatest challenge when managing a multinational programme with the Middle Eastern, African and…
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CRE Insurance
Marsh advises firms on risk management and insurance implications of Ebola
As concerns about the Ebola outbreak and potential spread of the disease grow, Marsh has released guidance to help UK…
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CRE Insurance
New solutions key to traditional risk transfer industry weathering alternative capital storm
Current overcapacity in the risk transfer market, buoyed by an influx of alternative capital, means that reinsurers, insurers and brokers…
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CRE Insurance
Hurricane Gonzalo and cyclone Hudhud losses each up to $400m: AIR
AIR Worldwide this week estimated that insured losses in Bermuda from hurricane Gonzalo will range between $200m and $400m. It…
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CRE Insurance
Corporate round-up
New Arabian earthquake model launched to support regional insurance expansion, Argo International launches complimentary legal advice for D&O clients, XL…
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Association News
Ferma positions risk profession for future success as it marks 40 years
Commercial Risk Europe’s Ben Norris caught up with Ferma president Julia Graham ahead of the federation’s seminar in Brussels as…
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CRE Insurance
Insurers must view alternative capital as an opportunity to meet client demands say industry big hitters
Two leading insurers this week urged their industry to view the influx of alternative capital into the risk transfer market…