Ben Norris
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Association News
RIMS calls for extension to TRIA before Senate Committee
RIMS this week called for an extension of the Terrorism Risk Insurance Act (TRIA) before the US Senate Committee on…
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CRE Insurance
QBE posts $254m 2013 loss on back of US woes
QBE made a loss of $254m last year compared with a $761m profit in 2012 primarily on the back of…
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CRE Insurance
UK floods unlikely to affect ratings for non-life insurers says S&P
Standard & Poor's Ratings Services said this week that it does not expect the ongoing flooding in southern England to…
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Asia
Indian government adopts mobile phone natural disaster warning system
The Indian Government will adopt new technology to help warn citizens, tourists and business people of impending natural disasters in…
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CRE Insurance
British government launches scheme to reduce workplace absenteeism
The British Safety Council has welcomed moves by its government to help companies tackle and reduce the costs of long-term…
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CRE Insurance
Benign 2013 insurance losses provided respite for industry–Guy Carp
Guy Carpenter became the latest observer to confirm that global catastrophe and man-made disaster losses were well below average last…
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Europe
Renewed globalisation shapes programme outlook–insurers
Some of the sector's leading global insurers share their multinational programme predictions for 2014/15.
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Europe
Continuing challenges for global programmes, say leading brokers
Some of the sector's leading global brokers share their multinational programme predictions for 2014/15.
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CRE Insurance
EMEA soft market conditions here to stay–Marsh
The Europe, Middle East, and Africa (EMEA) insurance market saw rates reduce across most lines of business in 2013 and…
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Association News
AMRAE backs plans to clean up construction cover disputes
AMRAE is backing plans to introduce standards that govern mandatory construction coverages. The association believes new measures would clear up…
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Asia
Vietnam offers risk and reward for French firms
As French companies look for growth opportunities abroad, many have turned their attention to fast-growing markets with which France has…
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CRE Insurance
Insurance rates down at end of year
Commercial insurance rates fell during the fourth quarter of last year in all regions except the US, according to Marsh.
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CRE Insurance
ACE names Brionne as Iberia President
ACE has appointed Véronique Brionne as Country President for its Iberia region, covering both Spain and Portugal.
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Association News
Airmic pleased with Law Commission disclosure rule changes
Airmic has given a thumbs up to Tuesday's draft Law Commission proposals to amend UK insurance law governing commercial insurance…
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Association News
Airmic research finds five principles underpin business resilience
New research by Airmic and Cranfield School of Management has found a set of five common principles that underpin organisation…
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CRE Insurance
‘Revolutionary’ cat modelling initiative provides solutions for risk managers
Oasis Loss Modelling Framework, a not for profit company owned by leading players from the risk transfer industry, has unveiled…
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CRE Insurance
Supply of risk capital in CEE under threat suggests S&P
Risk managers looking for cover in central and eastern Europe (CEE) will be concerned that S&P believes that the growth…
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CRE Insurance
EU relaxes economic sanctions against Iran
The EU and the US this week relaxed economic sanctions against Iran that will see a freeing of trade with…
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CRE Insurance
Increased fraud uncovered in UK’s financial sector
Risk managers operating in, or keeping a close eye on, the UK's financial services industries may be concerned that the…
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CRE Insurance
Corporate round-up
ACE enhances D&O cover for UK and Irish market, AGCS appoints key account manager, FM Global appoints Nicholas Batten as…