Ben Norris
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Asia
XL launches in China
XL Group opened a new non-life subsidiary in Shanghai, China, last week that will offer products and services in property,…
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Aviation
Airline rates up but down on risk exposure adjusted basis, Aon Risk Solution
Airline passenger numbers are expected to rise globally by an average of 10% in 2011, following a downturn in numbers…
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CRE Insurance
US food safety law increases product recall risk for EU firms
A recently passed US food safety law will increase the frequency and severity of recalls of food products in the…
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CRE Insurance
The best of both worlds-new IRM course
The Institute of Risk Management has launched a new international qualification in risk management aimed at the world of financial…
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CRE Insurance
Bfv choose new president and make other key appointments
A new generation of risk and insurance managers has taken the helm of the Bfv, Germany’s in-house broker and captive…
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CRE Insurance
Non-property damage business interruption offer not popular-Allianz
Allianz Global Corporate and Specialty (AGCS), Allianz’s industrial insurer, has prepared a new concept to cover business interruption without a…
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CRE Insurance
Italian non-life outlook improves as rates start to climb, says Fitch
Improving profitability driven by premium rises and better risk selection by Italian insurance companies has persuaded credit rating agency Fitch…
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Asia
EU beefs up food safety to limit Japanese nuclear risk
The European Union has imposed import controls on food and animal feed from areas of Japan potentially affected by the…
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Asia
Japanese insurers placed on negative watch following disasters
Fitch Ratings has placed four of the five Japanese non-life insurers rated by the agency on Rating Watch Negative, following…
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CRE Insurance
Earthquakes major cause of $43bn losses in 2010, Swiss Re
Insured losses from natural catastrophes stood at $43bn in 2010, an increase of more than 60% on 2009, according to…
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CRE Risk Management
Chartered status on the agenda as IRM celebrates 25th birthday
As the Institute of Risk Management (IRM) celebrates its 25th birthday it seems a good time to consider the journey…
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CRE Insurance
Brazil reportedly backs down on reinsurance rules following buyer pressure
Following pressure from FERMA and other risk management and insurance associations the Brazilian government has partially backtracked on two heavily…
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Asia
Market uncertain as to whether Japanese disaster will raise primary rates
With damage estimated at $300bn, the deadly earthquake and tsunami that struck north-eastern Japan last month is being called the…
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CRE Risk Management
Risk management suffering from identity crisis says IRM panel
Experts on the Institute of Risk Management’s Forum Question Time Panel ‘Leading the Risk Profession’ have said that the risk…
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Asia
$300bn Japanese disaster to cause severe supply chain disruption
Multinational companies that rely on Japanese manufacturers for parts and services need to prepare for a global supply chain disruption…
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CRE Risk Management
Risk managers must lead charge against new wave of cyber crime
Experts at the Institute of Risk Management’s (IRM) 2011 Global Risk Management Professional Development Forum have warned that the latest…
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CRE Risk Management
Risk managers must not waste three-year opportunity from credit crisis
The credit crunch has brought the role of corporate risk manager to the fore and those working in the industry…
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CRE Risk Management
It’s ERM Jim but not as we know it—NASA uncovered
Due to NASA’s attempts to deal with the risks that go hand in hand with landing on far flung asteroids…
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CRE Insurance
German industry hit by events in Japan but credit insurers help minimise loss
The natural catastrophes in Japan have impacted upon German industry, with a number of German companies forced to reduce operations…
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CRE Insurance
Spanish transportation risk on the rise as cover becomes hard to find
A mix of the economic crisis, regulatory changes, international political instability and natural catastrophes has highlighted the increasing risk exposure…
