Ben Norris
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CRE Insurance
Capital markets are viable and sustainable alternative to reinsurance says Fitch
A new report by Fitch finds that capital markets represent an increasingly viable and sustainable alternative to traditional reinsurance.
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Association News
Ferma-backed study attempts to shed light on security and privacy risk
Zurich, in association with The Federation of European Risk Management Associations (Ferma), has launched a comprehensive study into security and…
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CRE Insurance
IT association paper warns of hidden cost when migrating to the cloud
Migration to cloud computing is high on the agenda of many organisations, but according to a new paper by the…
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CRE Insurance
Indian power failures leave supply chains in the dark
The power failures that hit northern India earlier this summer have highlighted yet another supply chain exposure for European business…
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CRE Insurance
Insurers failing to grasp full benefits of economic capital modelling
Research by KPMG suggests insurers are failing to make full use of economic capital (EC) modelling when deciding upon certain…
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CRE Insurance
Eurozone crisis adds to pension scheme woes
The ongoing eurozone crisis has thrown up four key risks with direct implications for defined contribution (DC) pension plans that…
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Aviation
Buyers in control of aviation market—Willis
With buoyant capacity for aviation risks and excellent loss experience in 2012 market conditions are stable and the balance of…
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CRE Insurance
Canopius secures Omega Insurance Holdings Ltd
Canopius Group Ltd has completed the acquisition of Omega Insurance Holdings Ltd—the UK-listed, Bermuda-domiciled insurance and reinsurance group with operations…
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CRE Risk Management
Insurers ‘Stone Age’ IT systems must adapt-Risk Frontiers
Insurers must up their game to deliver better service and claims handling, Gregor Kohler, Head of Insurance at German chemical…
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CRE Insurance
Tough time for brokers—Risk Distribution
Commercial Risk Europe spoke to Joaquin Huergo Luz, CEO of Spanish broker Artai, as part of our annual Risk Distribution…
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CRE Insurance
CRE’s holiday plans and summer publishing schedule
The Commercial Risk Europe team will take a well-earned break for the next few weeks and our newsletter will pause…
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CRE Insurance
Risk managers call for TCoR to address more than insurance premiums
Risk managers are questioning the suitability of industry metrics used to assess the effectiveness of risk management programmes, suggesting that…
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CRE Insurance
Libor scandal to hit directors and officers market expert warns
As the Libor interbank lending scandal rumbles on, a leading professional lines expert has warned that some carriers of directors…
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CRE Insurance
JLT’s revenue and profit up as analysts report ‘good’ h1 results
Jardine Lloyd Thompson Group reported revenue up 7% in the first half of 2012 and operating profit up 11.8%, with…
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CRE Insurance
Corporate round-up
ACE launches legal helpline for UK D&O and EPL clients, Standard Club offers three new products including K&R and Willis…
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CRE Insurance
Half of European companies unprepared for emerging risks finds ACE
Around half of European companies say they are unprepared to deal with many of the most prominent emerging risks, citing…
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CRE Risk Management
Most internal audit functions have room for improvement survey shows
Eighty per cent of chief audit executives (CAEs) believe their organisations' internal audit function has room for improvement, and 75%…
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CRE Insurance
Corporate round-up
Willis makes top appointments in key regions, AIR expands suite of catastrophe models for Australia, Hiscox appoints new CRO and…
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CRE Insurance
£471,846 FSA fine and ban for individual UK broker due to fraud
A former UK commercial insurance broker was this week banned and fined £471,846, one of the largest amounts ever levied…
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CRE Insurance
Cat reinsurance market nears strategic shift as third party providers move in
The catastrophe reinsurance market may be on the cusp of a strategic shift, with third party capital providers set to…