Ben Norris
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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
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
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,…
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CRE Insurance
Unwanted volatile capital adequacy at European insurers warns Fitch
A rebound in solvency ratios at European insurers reflects unwanted volatile capital adequacy, Fitch has warned.
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CRE Insurance
Italian insurers to remain under pressure from sovereign risk and Solvency II
Italian insurers will remain under pressure for the next couple of years as sovereign debt risk and Solvency II take…
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CRE Insurance
Shipping industry faces many new risk management challenges, says report
Despite hugely improved safety records the maritime industry faces many new risk management challenges as it learns to cope with…
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CRE Insurance
Chile quake damage limited with estimated insured losses of under $100m
The magnitude 7.1 earthquake that struck central Chile last Sunday left the region relatively unscathed and caused estimated insured losses…
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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
Solvency II closer with Omnibus II approval, but concerns remain
Solvency II moved a step closer yesterday as the Omnibus II Directive was approved by the European Parliament’s Economic and…
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Association News
French companies are driven to self-insurance for motor fleets
Facing higher premiums and dwindling offers for motor fleet insurance from the market, a growing number of French companies have…
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Climate Change
UK business could face flood cover problems and price hikes by summer
UK business and homeowners could face difficulties in obtaining flood risk cover and prohibitively expensive insurance premiums in as little…
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CRE Insurance
Switzerland looks set for mandatory quake insurance
The passing by the Swiss Parliament of a bill that creates a mandatory earthquake insurance scheme in the country is…
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CRE Insurance
ABI calls for government reform of ‘overzealous’ health and safety rules
The Association of British Insurers (ABI) has called on its government to implement planned reforms to help business free itself…
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CRE Insurance
Corporate round-up
Zurich helps customers solve captive collateral challenge with eZ Trust, Aon appoints Darren Marshall as power construction leader, Miller Chief…