Insurance
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Risk-laden World Cup attracts billions in insurance cover
While Brazil got off to a winning start at the 2014 Fifa World Cup last night the world of risk…
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Risk managers urged to play greater role in cyber risk management
Risk managers have the opportunity to be more heavily involved in cyber risk management as companies look to take on…
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AIG appoints Jacqueline McNamee as managing director for the UK
AIG in Europe this week appointed Jacqueline McNamee as managing director of its UK Zone.
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Corporate round-up
Fredrik Motzfeldt joins Willis as broker names TMT leaders in Europe and US, ACE appoints claims manager for Nordics, Equinox…
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Innovation top priority for managing general agents says survey
In what looks like good news for risk and insurance managers demanding more innovation from their transfer partners, managing general…
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Endurance ups bid for Aspen: Aspen claims offer ‘desperate’
Endurance Specialty refuses to abandon its high profile attempt to take over rival Bermuda-based insurer Aspen despite the Aspen board's…
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Multinationals told to go local in Latin America
International companies have been urged to think and act local as they expand their businesses in Latin America, a region…
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National law enforcers hail temporary cyber security victory
International law enforcement agencies are hailing a breakthrough in the fight against cybercrime after temporarily disrupting the operation of two…
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Reinsurance pricing falls again at June renewal
The reinsurance market saw further price reductions at the 1 June renewal as fewer catastrophe losses and excess capacity helped…
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TRIA bill gets Senate Committee approval but hurdles remain
The US Senate Banking Committee has approved a bill that would see the US government continue to provide a terrorism…
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S&P questions merits and costs of systemically important insurer supervision
S&P has questioned whether the naming of nine global systemically important insurers (G-SII) by the Financial Stability Board (FSB) and…
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Risk managers seek to buy more cyber cover finds Munich Re survey
Forty-two per cent of risk managers in the US plan to buy more cyber insurance or buy it for the…
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UK companies turning to trade credit cover over concerns about interest rate rise: Marsh
UK companies are increasingly using trade credit insurance to protect themselves against the risks posed by struggling firms, according to…
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Take care with financial interest cover warns expert lawyer
Financial interest cover in global programmes needs to be carefully drafted and explained to the insured who must be made…
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Bank of England signals tougher regulation of UK insurers
Following comments last week by the Governor of the Bank of England (BoE), insurers in the UK and the London…
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German firms face credit insurance crunch for Ukraine business
German companies are finding it increasingly difficult to obtain credit insurance for deliveries to the Ukraine with cover off limits…
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FCA finds conflicts of interest when brokers deal with SMEs
A review by the UK's Financial Conduct Authority (FCA) has concluded that 'inherent' conflicts of interest are not being properly…
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NOAA predicts below-normal Atlantic hurricane season as El Niño takes hold
The US' National Oceanic and Atmospheric Administration (NOAA) has predicted a below-normal, or at worst a near-normal, 2014 Atlantic hurricane…
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Space risk: to boldly go where no risk manager has gone before
As the space and satellite industry forges ahead with ground breaking technologies it must stay on top of its exposures…
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Corporate round-up
ACE improves Worldview to deliver online claims and loss data, David Flandro to join Towers Re as Global Head of…