Ben Norris
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CRE Insurance
Spanish insurers fret over Solvency II ORSA requirements but gloss over eurozone threat
Spanish insurers are worried about a key element of new governance requirements that will be introduced by the forthcoming Solvency…
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Association News
Education tops agenda for Maltese Risk Management Association at formal launch
The Malta Association of Risk Management (MARM) was formerly launched on March 30 with education a key objective in its…
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CRE Insurance
Nat cats and exposures a real deal in Brazil warns report
Contrary to the widely held belief that Brazil poses little in the way of weather related risk, natural catastrophe’s and…
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CRE Insurance
Credit insurers give mixed response to Greek export risk
German exporters with concerns over the ability of their Greek customers to pay for goods are turning to the credit…
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CRE Insurance
Risk managers and brokers need to sharpen up global programmes act
Insurance regulators are turning their attention from insurers to risk managers and brokers as they attempt to tighten up supervision…
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CRE Insurance
Claims disputes spark standard wording effort in mining sector
The mining property insurance market is reacting to massive losses in 2011 with falling capacity, higher retentions and increased prices.…
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CRE Risk Management
Portuguese companies fear rising protectionism—comment
Portuguese risk managers and their firms are increasingly concerned about the rising threat of protectionism as some of their most…
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Aviation
Airlines report record low claims in 2011 as soft market looks set fair
The airline industry had an ‘exceptional’ safety record in 2011 with the lowest claims figure since 1995 backed up by…
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CRE Insurance
Recovering German construction industry looks to surety insurers for answers
Despite the European debt crisis and insecurities in financial markets the German construction industry appears in good health. Surety insurers,…
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CRE Insurance
Corporate round-up
Lockton and partners launch Lockton Global Partnership, QBE strikes deal for renewal rights of Brit Insurance Ltd's regional business, Marsh…
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Asia
Firms in Asia underinsuring assets warns report
Telecommunications, energy and petrochemical companies are underinsuring their industrial assets in Asia by an average of 30%, and by up…
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CRE Insurance
Russia tops ranking of riskiest countries for mining companies
With the exception of virtual no-go areas Venezuela and Zimbabwe, Russia is the riskiest country in which mining companies can…
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CRE Insurance
Willis Re reports improved start to 2012 for reinsurers
Reinsurers have had a better start to 2012 than of late with fewer losses and a gradual improvement in the…
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CRE Insurance
Asbestos point of exposure ruling provides welcomed clarity say observers
The UK’s Supreme Court's decision yesterday to rule that mesothelioma claims are triggered at the date of exposure to asbestos…
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CRE Insurance
Talanx IPO to finally go ahead in June sources say
Hanover-based insurer Talanx has said it will finally go ahead with its IPO in 2012, some 15 years after announcing…
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Association News
Airmic report suggests buyers confused over environmental risk warns expert
An Airmic report suggests that UK risk managers are still unaware of the full range of risks they face from…
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CRE Insurance
Lloyd’s posts £516m loss in 2011 fueled by record £4.6bn cat claims
Lloyd’s posted a loss of £516m (€619m) in 2011 and incurred £4.6bn (€5.3bn) of catastrophe claims, making it the largest…
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CRE Insurance
Threat of imminent severe credit crisis rising, Europe most at risk–Moody’s
Moody’s has warned that macro-economic conditions suggest a second severe credit crisis is increasingly likely, particularly in Europe. Whilst credit…
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CRE Insurance
Business risk from climate change laid bare at European Parliament meeting
A climate change researcher has warned that global warming poses a risk to companies with energy pipelines and other infrastructure…
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CRE Insurance
Spain’s Insurance Compensation Consortium cracks down on claims conditions
In worrying news for insurance buyers with operations in Spain, the country’s Insurance Compensation Consortium, Consorcio de Compensacion de Seguros,…