Ben Norris
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Association News
Time to raise the bar?
At FERMA’s 2010 Risk Management Seminar held in London last month Paul Taylor, Director of Risk Assurance at Morgan Crucible…
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CRE Insurance
Marsh signs agreement to help avoid overpricing of Iraqi risks
Marsh has signed a mutually exclusive agreement with Anglo Arab Insurance Brokers (AAIB) that aims to help clients with operations…
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CRE Risk Management
French strikes turn focus on business continuity plans
The latest holiday season in France has caused considerable losses to companies and highlighted the growing need for risk managers…
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CRE Insurance
BI insurers increasingly reluctant to pay claims and expand coverage
As demand for business interruption (BI) insurance grows insurers have shown a decreasing appetite to pay related claims and they…
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CRE Insurance
Solvency II nat cat calculations a ‘backward step’, says Aon Benfield
Solvency II natural catastrophe calculations, currently proposed under the Solvency II Standard Formula, are ignoring 15 years of critical evolution…
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CRE Risk Management
UK business must consider the risks of trading with the US, says ACE
ACE's Corporate Liability Team has urged UK business to carefully consider the risks, as well as the opportunities, of exporting…
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CRE Insurance
German insurance companies have fared well but face new test–S&P
German-based insurance companies and subsidiaries of international groups have shown stability over the past year but face a new test…
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CRE Insurance
UK’s CII calls for end to ‘Tick Box’ regulatory approach
The Chartered Insurance Institute (CII) has called on the UK government to grasp the opportunity presented by the current review…
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CRE Risk Management
Actuary role will evolve to deliver ERM and scenario planning—Aon Benfield
The role of the actuary will evolve to deliver robust Enterprise Risk Management (ERM) frameworks and will increasingly involve the…
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CRE Insurance
New electronic buying tool planned for German industrial risks
German industrial groups are making a fresh attempt to arrange a system that will allow them to buy cover via…
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Climate Change
Commission should leave cover for ELD risks to market forces-expert says
Following a recent report from the European Commission on the Environmental Liability Directive (ELD) that suggests it is considering intervention…
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CRE Insurance
US Treasury expects to make profit on AIG
The United States government announced this week that it hopes to make a profit on its loans and investment in…
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CRE Insurance
New credit insurer aims to address buyers’ concerns
A new dedicated trade credit insurer, Equinox Global, has entered the market and hopes to address buyers’ concerns over certainty…
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CRE Insurance
Willis urges buyers to take advantage of soft market at renewals
Willis has urged insurance buyers to take ‘smart advantage’ of the ongoing soft market conditions and enhance coverage as much…
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CRE Insurance
German buyers relaxed about terror threat and Extremus renewal
A waves of resentment was felt in German political and business circles at the beginning of October, when the US…
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CRE Insurance
French non-life market primed for hardening say insurers
Non-life insurers in France have warned that prices are about to go up again, as their results are under pressure…
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CRE Insurance
Commission tells Spain to comply with Court ruling on industrial accidents
The European Commission has asked Spain to comply with a ruling by the European Court of Justice (ECJ) on emergency…
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CRE Insurance
PCI: Rates stable but concerns over reserves, regulation and profitability
US Property and Casualty insurers are heading for trouble as concerns mount over how long reserve releases can continue to…
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Climate Change
Commission looks to beef up ELD as Hungary counts cost of toxic disaster
A recent report from the European Commission suggests that it is looking to beef up the Environmental Liability Directive [ELD]…
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CRE Insurance
Algerian ruling sparks renewed Spanish energy security fears
A controversy over the price of gas imported from Algeria has revived fears in Spain about the security of energy…
