As globalisation continues its march and organisations have to increasingly consider the issues surrounding global insurance programs, a workshop at the AIRMIC conference, entitled ‘International Programme Design focused on Compliance, Cost and Security’, tackled some of the main concerns.
This year’s AIRMIC conference in Manchester attracted a record number of delegates and was a lively event during which many core risk and insurance management topics were tackled. Here we bring you the highlights from the event.
The last few years have seen a relative dearth of terrorist attacks in the developed world–but the threat of a terrorist attack remains a considerable risk. At the same time, attacks have continued in the developing world and in conflict zones in particular. And around 60 major plots have been foiled in the United States and Western Europe since the attacks of September 11, 2001.
After ten years of research, conducted in 13 countries, and costing approximately €19.2m so far, the largest case control study of mobile phone use and a possible link with brain tumours has concluded with a resounding ‘not really sure’.
With record numbers of AIRMIC members attending, and the largest ever exhibition, Paul Howard, AIRMIC’s Chairman, was in buoyant mood as he opened the 2010 conference.
Reputational risk is the leading concern for U.K. risk managers according to the annual survey of members carried out by AIRMIC. The last couple of years have been dominated by concerns over insurer insolvency, but this has now been overtaken by reputational risk exposures.
As debates continues as to the future role of captives, in light of the potential impacts of Solvency II and the credit crisis, the key concerns were discussed at a panel debate during the AIRMIC conference earlier this week.
The last few years have seen a relative decline in terrorist attacks in the developed world, but the threat of a terrorist attack remains a big risk, according to terrorism insurance market experts.
A group of insurance company leaders and risk managers debated the key lessons to be learned from the recent economic and financial crisis and how best to cope with emerging risks at a customer event organised by JLT in Salzburg. Tony Dowding reports the key messages for risk managers.
Captive owners in the U.K. face a probable effort by the new government to raise insurance premium tax according to an expert who participated in the latest AIRMIC live debate.