Ben Norris
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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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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
IRM appoints interim CEO as Fowler steps down
The Institute of Risk Management's (IRM) Chief Executive, Steve Fowler, has stepped down from his role to pursue other challenges.…
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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…
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Benelux
European windstorm Xaver losses €680m say PERILS
Insured property losses from European windstorm Xaver that struck in early December will total around €680m, according to the catastrophe…
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CRE Insurance
Non-life FCA fines fall in 2013 but uptick for brokers
Fines dished out to the UK non-life insurance sector by the country's Financial Conduct Authority (FCA) regulator fell last year…
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CRE Risk Management
BI top risk in 2014 with cyber threat rising finds Allianz Barometer
Business interruption and supply chain risk remains the number one global business threat this year, according to Allianz's Risk Barometer…
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CRE Insurance
Piracy falls to six year low as Somali threat dissipates
Piracy at sea fell again in 2013 reaching its lowest level for six years on the back of reduced activity…
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CRE Insurance
‘Many events, fewer disaster losses’ in 2013 reports Aon
Insured losses from natural disasters totalled $45bn in 2013, 22% below the ten-year average of $58bn, according to Aon Benfield…
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CRE Insurance
Cat bonds top $20bn for first time
Aon Benfield has revealed that eight catastrophe bonds totaling $1.9bn were placed during Q4 of 2013 bringing the total limit…
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CRE Insurance
Rates down by up to 25% at 1 Jan renewals
Risk managers who access the reinsurance market to help transfer business risks will be buoyed by news that rates fell…
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CRE Insurance
Limited $31bn nat cat damage in 2013
Natural catastrophes caused $31bn of insured losses in 2013, well below the ten-year global average of $56bn, according to Munich…
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Asia
Corporate round-up
Airmic set to expand technical team, FM names new leaders for Europe, Middle East and Asia Pac and Catlin launches…
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Association News
Carolyn Snow named new RIMS president
Carolyn Snow has been named as the new president of RIMS for the 2014 term of office.
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CRE Insurance
Japanese NKSJ Holdings agrees acquisition of Canopius
Canopius Group is to be purchased by NKSJ Holdings, a leading Japanese insurer. Following the move, Lloyd's insurer Canopius will…
