Ben Norris
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CRE Insurance
Insurers and buyers fear rash E.C. decision on mandatory environmental coverage
A European Commission report on the efficiency of the Environmental Liability Directives (ELD) is due next month and could recommend…
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CRE Risk Management
Reinsurers edge forward as few cats and solid capital levels force flat renewals
Insurance buyers should be pleased to see that the reinsurers suffered a flat year end renewal as competition remained high,…
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New World, New Risks; Time to help save the planet – Comment
This, the second, issue of Commercial Risk Europe appears to be dominated by one common theme. That is, the ever-rising…
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CRE Risk Management
Risk managers must train ‘risk owners’ on the board
Risk management education experts urge the professionals to spread the word up the corporate ladder while interest is high.
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CRE Insurance
Buyers, insurers and brokers still grappling with ELD’s complexities
The Environmental Liability Directive (ELD) finally reached implementation in all 27 E.U. member states at the end of 2009, two…
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Association News
ISO’s Knight affirms opposition to “tick and flick” certification of standards
Kevin Knight, Chair of the ISO working group that recently published a global risk management standard, says that he and…
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CRE Insurance
Swiss Re bounces back to black
Swiss Re almost put its recent past behind it with the announcement last week of profits of CHF506m for 2009,…
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CRE Insurance
Aspen announces $400m share buyback as profits rise by 357%
Aspen Insurance Holdings, the Bermuda-based insurance and reinsurance group, confirmed the buoyant mood in the international market, as its board…
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CRE Insurance
Montpelier Re reports record year and hands back capital
Montpelier Re Holdings, the Bermuda-based short-tail reinsurance and specialty lines carrier, delivered a record net profit in 2009 of $464m…
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CRE Insurance
Flagstone predicts “challenging” mid-year renewal after record profits
Flagstone Re continued the good news from Bermuda for insurers and reinsurers as it reported a record profit for 2009,…
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CRE Insurance
Toyota U.S. captive safe as motor firm faces rising law suits for recall
The recent product recall by car manufacturer Toyota because of problems related to floor mats, accelerator pedals and faulty breaking…
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CRE Risk Management
U.S. risk managers face new disclosure rules from SEC by month end
The majority of public U.S. companies will have to comply with new disclosure requirements on risk management as of February…
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Association News
Scandinavian alliance planned as region gears up for FERMA 2011
Norwegian risk managers seek to work with Swedish and Danish neighbours following acceptance by FERMA.
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IGREA welcomes new members and prepares for elections
IGREA, the recently formed association for risk and insurance managers with the biggest companies in Spain, already has 17 members…
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Credit insurance market set for mild recovery in 2010
Buyers of credit insurance can breathe easier in 2010 as capacity and stability return. But rates will continue to rise,…
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CRE Insurance
Reinsurers back away from planned rate hikes
Leading international brokers told Garry Booth that reinsurance companies failed to force a hardening in terms and conditions at the…
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Ready for action
Commercial Risk Europe asked a group of Europe’s leading risk and insurance managers, who run the main associations, what are…
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CRE Insurance
The final frame – Karel Van Hulle
The Solvency II project enjoyed a good start when the European Commission adopted the proposals in July 2007 because none…
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CRE Risk Management
ISO 31000 focuses teachers and board members on risk
The new international risk management standard, ISO 31000:2009 Risk management—Principles and guidelines, that provides principles and generic guidelines on risk…
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CRE Risk Management
Risk education gathers momentum in Europe
Marie-Gemma Dequae, former President of FERMA, has become a lecturer at Vlerick Leuven Gent Management School. Ben Norris asks her…