Ben Norris
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Association News
Ferma names three new vice-presidents among new executive committee
Ferma has announced a new executive committee, including three new-vice presidents, ahead of its 2015 Risk Management Forum in early…
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CRE Insurance
Lloyd’s consortium adds $60m to non-US data breach market
A new Lloyd's consortium this week has added a sizable $60m to the cyber data breach market outside of the…
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CRE Insurance
Corporate round-up
AGCS promotes Kirwan to UK CEO, AIG launches expat healthcare solution for UK firms and ACE names SME marine manager…
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CRE Insurance
Insured losses for Chilean earthquake up to $900m estimates AIR
AIR Worldwide estimates that insured losses from the earthquake that struck Chile last week will be between $900m and $600m.
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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…
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Association News
Airmic CEO says claims disputes are ‘market failure’
Airmic CEO john Hurrell has complained that an unacceptable level of claims disputes and problems with companies settling large losses…
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CRE Insurance
Insurers need to work harder on cyber as buyers question merits of cover: PwC
Insurance buyers are questioning the merits of cyber cover because of overly restrictive and costly policies, according to PwC. It…
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CRE Insurance
AIR to build advanced cyber model as risk assessment race hots up
Risk managers looking for advances in cyber insurance solutions will be buoyed by news this week that AIR Worldwide is…
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CRE Insurance
XL Catlin names German heads and US specialty leadership team
XL Catlin has announced its new leadership team for Germany and its Specialty Insurance division in the US.
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CRE Insurance
Marsh looks to SME market with $258m acquisition
Marsh has reached an agreement with SME-focused UK insurance broker Jelf to acquire the company for around £258m.
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CRE Insurance
FM Global claims data reaffirms importance of fire risk management
Flooding is the most likely peril to cause damage and disruption to UK business property but fire poses the greatest…
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CRE Insurance
Cybercrime costs global economy $445bn per year
Cybercrime now costs the global economy $445bn per year with the world's top ten economies accounting for $250bn of the…
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CRE Risk Management
IRM says its certification not direct competition for other schemes
The Institute of Risk Management (IRM) says its recently launched certification scheme is aimed at the 'broadest community' and is…
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CRE Insurance
Non-life European premiums up 1% to €458bn in 2014
European gross written premiums increased by 3.7% in 2014 reaching €1.17tn, according to newly released figures from Insurance Europe.
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CRE Insurance
Workers’ deafness claims reach all time high in UK
Noise Induced Hearing Loss (NIHL) claims are at an all time high in the UK leaving companies and insurers increasingly…
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Association News
Corporate round-up
ArgoGlobal launches European SME platform with immediate German D&O focus, AGCS appoints senior marine risk consultant and RIMS announces its…
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Captives
Concerns remain for captives under Solvency II but risk management benefits embraced: AM Best
Specialist insurers such as captives are 'not well-catered for' by Solvency II's standard formula which is adding to the need…
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CRE Insurance
Half-year disaster losses of $16.5bn far below average: Swiss Re
Insured losses from disaster events in the first half of 2015 stood at $16.5bn, well below the 10-year average of…
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Aviation
Corporate round-up
HDI-Gerling teams with telematics firms, ACE launches website to boost health and safety risks in UK and Ireland, IRB Brasil…
