Richard Miller, Tagliacozzo
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CRE Insurance
Conference report- Italian risk managers believe cat market will harden following Japan disaster
Some Italian risk managers—many with first-hand experience in managing earthquake risk in their own country—expect the recent Japan quake to…
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Association News
Loss of Bulgarian association a wake-up call for more industry support
The loss of the Bulgarian Risk Management Association at the start of the year illustrates what can happen to a…
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CRE Insurance
Market to maintain pressure on Brazil government over reinsurance rules
While European risk managers have called the recent reversal by the Brazilian government of a restrictive reinsurance regulation a ‘step…
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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 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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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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Asia
Reinsurers should have capital to absorb Japan losses but market could turn
Global reinsurers should have the capital to absorb the losses resulting from the massive earthquake and tsunami that struck northeastern…
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Association News
FERMA wants its joint BIPAR protocol principles to be in new IMD
FERMA wants the principles of the non-binding protocol it agreed to with the European Federation of Insurance Intermediaries (BIPAR) late…
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Association News
Polrisk moves forward on several fronts to raise risk management standards
Polrisk, the Polish risk management society, is spearheading a number of new projects that are designed to raise the standard…
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CRE Insurance
Disconnect between soft market trend and individual reinsurer’s experience the big conundrum of renewals
As equity analyst William Hawkins sees it, the ‘biggest conundrum’ of the January 1 reinsurance renewals is the apparent disconnect…
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CRE Insurance
AGCS hit by cat losses and soft market but delivers robust results
Although payouts for natural catastrophe losses and the ongoing soft rate environment weighed on its annual results, Allianz Global Corporate…
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CRE Risk Management
DVS wants more democratic process for presidential election
In an effort to make its upcoming election more democratic, the board of the German insurance buyers association—DVS—will suggest names…
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Captives
No sign of market turning, Aon says, as declining rates hit bottom line
Aon Corp president and CEO Greg Case expects the soft reinsurance market conditions to continue for the ‘foreseeable future’.
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CRE Insurance
Reinsurance prices stable as SCOR increases written premium
Reinsurances prices were “virtually stable” at the 1 Jan renewals for SCOR’s non-life business, with a weighted average decrease of…
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CRE Insurance
Soft market was reason to be disciplined at renewals report Munich Re
Reinsurance rates continued to soften across lines and regions at the 1 January renewals, with some major German reinsurers demonstrating…
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CRE Insurance
Marsh: Soft market continues into 2011 but negotiations may become tougher
[New York]—International broker Marsh expects the soft insurance market to continue in 2011, but warns that the years of commercial…
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CRE Insurance
Hannover Re reports ‘disciplined softening’ in rates
Germany’s Hannover Re experienced a ‘disciplined softening’ of rates for non-life reinsurance at the 1 January renewals, according to Chief…
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Benelux
BP-Rosneft deal shows improved political risk in Russia, say risk experts
Political risk in Russia is much lower now that the government has set rules that limit foreign participation in strategic…
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CRE Risk Management
RusRisk steps up effort to educate local market with ISO 31000
Russian corporations have expressed increased interest in implementing the newest international standard for risk management, prompting the Russian Risk Management…