Insurance
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Corporate round-up
Aon acquires claims experts Dempsey Partners, ACE creates Turkish financial lines team and appoints manager, JLT Re appoints Charles Withers-Clarke…
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Ferma names new board members and prepares to elect new president
Ferma elected four board members at its general assembly last week. Jorge Luzzi and Julia Graham were re-elected following the…
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Building global networks a struggle, insurers concede
Risk managers looking for global transfer options may be concerned by a survey in which insurers admit that international expansion…
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Berkshire formally enters US primary market – Europe next?
Berkshire Hathaway, the US-based insurance and reinsurance group, has formally announced the launch of Berkshire Hathaway Specialty Insurance, its recently…
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Insurance industry must improve products and modernise contracts warns reinsurer
Insurers must improve their products to match the changing needs of customers and make insurance contracts more comprehensible, a prominent…
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Estimated insured losses from German flooding up to €5.8bn
The costs of the recent heavy flooding in Germany appear to be rising with AIR estimating insured losses of between…
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Corporate round-up
Galloway named Regional Head of Liability at Allianz, AGCS appoints new Russia head, AIG improves airside liability offering from regional…
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Don’t panic: Leading German judge advises on corporate investigations
German executives and risk managers should not panic when the public prosecutor knocks at the company's door to investigate. "The…
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Balva collapse highlights dangers of unrated insurers for UK law firms
The UK's Law Society is urging law firms to break the cycle of opting for unrated insurers following the news…
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Brussels backs away from mass tort in Europe
Europe's risk managers can breathe a collective sigh of relief because the European Commission has decided not to open the…
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EIOPA advice unlikely to heal old arguments with further SII delays expected
Experts have warned that recommendations published Friday by EIOPA on long-term guarantees are unlikely to resolve key issues stalling the…
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Insurers take cautious stance on Turkey
Political risk insurers have responded to ongoing protests in Turkey by holding back cover as they wait to see how…
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AIO head calls for insurers to back key African infrastructure and development projects
Risk managers have a key role to play in bringing insurance to Africa and with it new jobs and a…
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Rising standards and cooperation key to future African stability
Greater cooperation between African states and a drive to root out corruption topped the recent discussions at the World Economic…
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Insurance plays key part in reducing Africa’s exposure to external shocks
Kenyan president Uhuru Kenyatta has warned Africa needs to reduce its vulnerability to external shocks but has said insurance can…
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Risk management technology proactively drives added value
Insurance broker Aon has launched a definitive guide for organisations considering using risk management information systems (RMIS). The educational guide…
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Mali tops Alliant’s list as most dangerous place to do business
Mali has topped a new list as the most dangerous place to do business globally, just as the European Union,…
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Working together – comment
So often at the moment we hear how Africa is on the brink of greatness. Too often though these comments…
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Emerging African economies have strong future of growth
Angola and Nigeria are in the top 10 countries with the strongest potential demand growth through 2015, according to a…
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Risk mitigation skills essential to develop Africa’s potential
The role of the African insurance industry in supporting the economic development of African countries was explored recently by more…