Glyphosate: a new toxic tort timebomb?

Glyphosate: a new toxic tort timebomb?

Glyphosate: a new toxic tort timebomb?

The global spotlight on glyphosate continues, following a third successive US court case finding that the world’s most popular pesticide is carcinogenic. Despite unresolved uncertainties in the scientific evidence, the case resulted in the highest damages award to date, highlighting the burgeoning risk in this developing litigation. Indeed, this may be the beginning of a new toxic tort that has…

BIBA’s new head of general insurance on state of market, terrorism and Brexit

BIBA’s new head of general insurance on state of market, terrorism and Brexit

BIBA’s new head of general insurance on state of market, terrorism and Brexit

Last month, the British Insurance Brokers’ Association (BIBA) appointed Alastair Blundell, formerly head of distribution at Tokio Marine Kiln, to the newly created position of head of general insurance. We caught up with him at BIBA’s annual conference to discuss his priorities and some of the other big issues in the marketplace. What will be the big areas of focus…

Time for strong leadership as insurance sector transforms

Time for strong leadership as insurance sector transforms

Time for strong leadership as insurance sector transforms

Amanda Blanc was recently appointed CEO for Europe, Middle East and Africa (EMEA) at Zurich Insurance Group. She is also chair of the Association of British Insurers (ABI). Commercial Risk Europe Editor Adrian Ladbury interviewed Ms Blanc about her career, as well as the many challenges and opportunities facing the insurance sector and its customers. Adrian Ladbury [AL]: How and…

Rising to the global challenge

Rising to the global challenge

Rising to the global challenge

Zurich is one of the world’s leading providers of international programmes and has invested heavily in this critical and high-value area for a number of years. The group now underwrites more than 7,700 programmes and incurred $2.852bn in claims last year. Commercial Risk Europe’s Adrian Ladbury asked a group of Zurich’s senior international programmes experts about emerging market trends ahead of our annual Global Programmes: Consistency and Certainty event, to be held in London on 12 June.

Confronting the ethical risks of new technology

Confronting the ethical risks of new technology

Confronting the ethical risks of new technology

The relationship between business and business ethics has always been a contentious one. Notable economists have suggested that ethics are at best a secondary consideration: the overriding purpose of business is to maximise profitability and shareholder returns, constrained only by adherence to the letter of the law. But most modern businesses accept (as does the investor community) that that proposition…

Mass tort claims and jurisdiction: UK Supreme Court rules on Vedanta

Mass tort claims and jurisdiction: UK Supreme Court rules on Vedanta

Mass tort claims and jurisdiction: UK Supreme Court rules on Vedanta

The UK Supreme Court has found that the English courts are free to exercise jurisdiction over claims against parent companies for damage caused by their subsidiaries abroad. Accordingly, multinational corporations should now be encouraged to review their due diligence, risk control and global insurance programmes to ensure that they have adequate protection against this risk. In this high-profile judgment on…

Political risk continues to climb the agenda, but  where are the risk managers?

Political risk continues to climb the agenda, but where are the risk managers?

Political risk continues to climb the agenda, but  where are the risk managers?

Whenever we carry out discussions with risk managers as part of our annual European Risk Frontiers survey, the inevitable first question is often: so, what are the big risks that keep you and your bosses awake at night? Having tackled that big question, the next natural question is: so, what is the most effective way to identify, measure and manage…

Ransomware: To pay or not to pay remains an open question

Ransomware: To pay or not to pay remains an open question

Ransomware: To pay or not to pay remains an open question

Ransomware has become big international business and a major headache for companies of all shapes and sizes. Risk and insurance managers are increasingly working with colleagues from IT, legal, HR and other areas to try and work out how to prevent the attacks, deal with them and transfer the risk. To investigate the best approach to this rising risk, JLT…

Partnership with HR key to including benefits in global programme

Partnership with HR key to including benefits in global programme

Partnership with HR key to including benefits in global programme

It makes sense to include employee benefits within a global programme and ideally via a captive. This concept is catching on within Europe’s leading companies, but clearly resistance from local management and HR still needs to be overcome. Demand for including employee benefits within global programmes, ideally using a captive, continues to grow, according to Nicola Fordham, director of underwriting…

Selection, innovation and scrutiny are key

Selection, innovation and scrutiny are key

Selection, innovation and scrutiny are key

We caught up with Paolo Ribotta, CEO of Generali Global Corporate & Commercial (GC&C), to find how his company got on at year-end renewals, its plans for Europe and a growing focus on multinational programmes. Adrian Ladbury [AL]: What kind of year-end renewal did you experience at GC&C? How do you view the market and what was your strategy? Paolo…

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