Insurance
-
AIG launches Risk Management Academy
AIG has launched its AIG Risk Management Academy (ARMA) to boost the talent pool of risk managers and help satisfy…
-
Analyse this… NDBI – comment
Monday’s session on non-damage business interruption (NDBI) risks at the Ferma Forum this week was, of course, packed.
-
In search of a virtuous circle – Peter Hancock, AIG
Commercial Risk Europe Editor Adrian Ladbury previously interviewed Peter Hancock, CEO of AIG’s global property casualty business, 24 months ago…
-
Solvency II implementation is possible by 2016 but delays hurting risk market says Van Hulle
Despite long delays, Solvency II may yet enter into force in 2016, according to Professor Karel Van Hulle, who retired…
-
Insurers missing trick over supply of information says panel
The provision of data provides a big opportunity for insurers, especially if it is supplied along-side innovative new product lines,…
-
Companies disappointed by advice from market on environmental exposures
The majority of risk managers and insurance buyers in the EMEA region believe that advice from the insurance market on…
-
All aboard
Edwin Meyer, who was newly elected to Ferma’s board back in June, is General Manager Risk and Insurance Management at…
-
Alternative capital causing stir in risk transfer market
Despite gripes about large catastrophes and low interest rates, reinsurers have enjoyed a pretty good time of it in recent…
-
Here to stay – Claudia Hasse, Munich Re’s Corporate Insurance Partner
Corporate Insurance Partner (CIP), the business formed by Munich Re for the large corporate risk sector, had a ‘pretty good’…
-
ERM reaches critical mass acceptance
Enterprise risk management (ERM) is on the rise and has reached ‘critical mass’ at US and Canadian organisations, many of…
-
Lloyd’s profits fall as investment income dries up
Lloyd's profits fell in the first half of 2013 to £1.38bn from £1.53bn during the same period last year predominantly…
-
Industry urges renewal of US terror backstop TRIA
Insurers and brokers are lobbying hard to convince US politicians to extend government support for the terrorism insurance market, although…
-
French construction companies at risk as bitumen and asphalt declared threat to health
Construction companies in France could face increased workers liability risk after a government agency acknowledged that the handling of bitumen,…
-
German board managers are the most exposed to personal liability warns Droese
Management board members at German joint stock companies face more personal liability than their colleagues in other countries, according to…
-
Mandatory patent insurance to protect intellectual property on cards in Spain
The Spanish government is considering the introduction of a mandatory patent insurance scheme to protect companies intellectual property rights, an…
-
German hailstorms to cost insurance industry up to $2.7bn says Swiss Re
Swiss Re has estimated that industry-wide insurance losses from the hailstorms that hit Germany in July will be between $2bn…
-
UK non-life insurers face mounting pressure as competition remains fierce
The UK's non-life insurance sector faces mounting pressure from competitive market conditions, low investment returns, an uncertain economic environment and…
-
AGCS names Berger and Moossmann as Chief Regions and Markets Officers
Allianz Global Corporate & Specialty (AGCS) will give its management board new responsibilities from 2014 to increase its focus on…
-
Corporate round-up
JLT to acquire Tower Watson's reinsurance brokerage business for $250m, ACE appoints Brigitte Hazard as Claims Client Relationship Manager for…
-
EC focus on liability regimes and mandatory coverages will hamper business warns Ferma
Ferma is concerned that a trend towards stricter liability regimes in Europe and the potential introduction of mandatory financial guarantees…