Ben Norris
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CRE Risk Management
Macroeconomics and limited transfer options key concerns—RusRisk
Macroeconomic risks such as inflation, a decreasing gross domestic product and falling oil prices are key problems facing Russian risk…
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CRE Insurance
Risk managers struggling to rate trade partner risk amid economic turmoil
The European debt crisis is causing severe problems for German risk managers looking to spot potential credit and financial risks…
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Climate Change
Russian companies ill-prepared for new environmental and reputational risks
Russian companies and risk managers will increasingly have to deal with environmental risks but many are not prepared to adequately…
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Captives
Guernsey made right decision to avoid ‘disproportionate demands’ of SII—Aon
Guernsey’s decision not to apply for equivalence under Solvency II is having a positive impact on its status as the…
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CRE Insurance
UK business expects cyber attacks to increase despite government plans
Despite the launch of the UK government’s Cyber Security Strategy last November, 85% of business surveyed by IT security firm…
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CRE Insurance
French Mediator drug scandal reaches court with insurers keeping close watch
A high profile liability trial involving French pharmaceutical company Servier began this week in Paris closely watched by the general…
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CRE Insurance
Corporate round-up
ACE launches global mapping tool to help clients evaluate catastrophe and supply chain exposures, Guernsey Finance to appoint Le Poidevin…
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CRE Insurance
Sustainable policies boost risk management at financial firms says think tank
The integration of sustainable Corporate Social Responsibility (CSR) policies with risk management strategies can boost the ability of financial firms…
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CRE Insurance
Risk transfer industry must better prepare for intangible asset losses—JLT
JLT has warned that risk managers at global communications, technology and media firms and their risk transfer partners must better…
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CRE Insurance
Cat bond market issued record $1.3bn in Q1 but upward pressure on pricing
The first quarter of 2012 was the most active on record for the global catastrophe bond market with $1.34bn of…
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CRE Insurance
IOR elects new council members and include first international representative
The Institute of Operational Risk (IOR) has elected three new council members, including, for the first time, a director from…
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CRE Insurance
Lloyd’s plans expansion into German D&O market with Dual Deutschland
Lloyd’s plans to increase its share of the highly competitive directors’ and officers’ liability market in Germany and has granted…
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CRE Insurance
Fluid capital may curtail hard market but brings risks for mutuals
The fluidity of reinsurance capital in today’s market, via alternative risk transfer vehicles, may curtail the length of any hard…
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CRE Insurance
Fitch expects July rate rises to be limited
Fitch has said that it expects price rises in the upcoming July reinsurance renewals to be limited and restricted to…
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CRE Insurance
US losses upwards of $1bn in April—Aon Benfield
Severe weather events in the US last month resulted in insured losses upwards of £1bn, according to Aon Benfield.
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Association News
Time to ‘end the deadlock’ on CBI says DVS commitee
The 2011 floods that hit Thailand had enormous repercussions and led to heated debates in Germany and the rest of…
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CRE Insurance
German risk managers unhappy with cyber products on offer
Cyber cover leaves a lot to be desired, say German risk managers, with the development of standalone policies not universally…
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CRE Insurance
EC concerned by rise of protectionism in Latin America
The European Commission has expressed concerns about the rise of protectionism in Latin America, after Spanish companies had assets expropriated…
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Association News
IGREA launches good practice guide to help avoid claims conflict in Spain
IGREA, the Spanish risk management association, has decided to try and smooth out the claims process, or at least help…
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CRE Insurance
Insurers expect further delay to Solvency II start date
According to a survey by Barnett Waddingham, the actuary and consultancy firm, over three quarters of insurance companies believe that…