Ben Norris
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Europe
India proposes greater foreign investment in insurers
India's government has approved proposals to allow foreign investors to hold up to 49% of the capital in an Indian…
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Europe
Companies must improve protection of travelling staff
Any multinational organisation, or company that does business overseas, will have executives and employees travelling the world. And the world…
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Europe
Global confiscation insurance programmes on the rise
As a result of the rise of resource nationalism and political unrest, as witnessed in the Arab Spring, there is…
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Europe
Global benefits programmes provide greater control finds study
Multinational companies are aiming to significantly increase the corporate control and oversight of their employee benefit programmes worldwide in an…
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Europe
Colombia opens up insurance market to tackle capacity constraints
Colombia is to allow buyers to purchase insurance directly from international markets from July 2013.
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CRE Risk Management
Risk management standards on the up in Latin America but journey incomplete
The development of risk management in Latin America still has a way to go, but progress has been made thanks…
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CRE Insurance
12% of UK workforce has lost work data over the past year finds survey
In worrying news for risk managers trying to fight the battle against cyber risk, 3.1 million, or 12%, of the…
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CRE Risk Management
BSI updates standards integration tool and launches facility management solution
The British Standards Institute (BSI) has updated a management tool that helps users of multiple management system standards, including risk…
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CRE Insurance
Uptick in global power industry losses threatening energy supply
The increasing number of large insured losses suffered by the global power industry since 2005 is putting pressure on energy…
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CRE Insurance
Corporate round-up
Chris Turberville joins AGCS as Head of Marine Hull and Liability in UK, Catlin appoints Michael Maran as Chief Science…
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CRE Insurance
Global insurance market continued to firm in Q3-Marsh
Global insurance prices rose by 0.9% in the third quarter of this year continuing a 'slow but steady' upward trend…
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Association News
Airmic confident of model reservation of rights clause by end of year despite amendments
Airmic remains confident that its proposed model clause to combat reservation of rights (RoR) issues will come to fruition and…
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CRE Insurance
Toyota’s 7.4 million recall largest since 1996 with suppliers on the hook
Toyota's voluntary recall this week of 7.4 million cars worldwide, the biggest of its kind since Ford called in 8…
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CRE Insurance
EU commissioner’s call for extended compulsory nuclear cover welcomed by Munich Re
Munich Re, the world's largest reinsurer, has welcomed a call by the EU's Energy Commissioner Günther Oettinger for the introduction…
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CRE Insurance
Improved growth and profitability in resilient French market on back of rate rises-AM Best
Gross written premiums increased at French non-life insurers in 2011 with hardening rates accounting for most of the rise, according…
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CRE Insurance
Rating environment mixed in challenged Italian market says AM Best
The Italian non-life sector saw growth of 2.1% in 2011 with hardening motor rates offsetting flat property and casualty portfolios,…
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CRE Insurance
Excess capacity and low claims driving profitability and soft market in Spain-AM Best
With excess capacity in the market and low claims, rates for Spanish non-life risks are under pressure and may well…
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CRE Risk Management
French companies under pressure to provide social protection as costs rise and budgets fall
French companies face the dual challenge of meeting growing demands for benefits from their workers while at the same time…
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CRE Insurance
Universal UK flood cover in doubt as government cuts threaten Statement of Principles
With the insurance industry facing over £1bn in flood claims following the worst September storms in the UK for 30…
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CRE Insurance
France’s Total decision raises the risk of liability on the high seas
A court ruling in France on a high profile oil spill looks set to increase environmental liability for French companies…