Insurance
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Rates rising in US but still falling in Europe and elsewhere: Marsh
Insurance rates in Europe and most major regions of the world fell 'modestly' in the second quarter of 2013, while…
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Malmström welcomes latest EC package to battle cybercrime
EU Commissioner for Home Affairs, Cecilia Malmström, has welcomed a decision by the European Council to adopt rules to support…
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EC hopes to fill legal gaps for patent protection
The European Commission this week proposed to complete the legal framework for Europe-wide patent protection by updating EU rules on…
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Willis gives details of client-focused strategic shift
Insurance broker Willis Group Holdings is to focus on meeting clients through a more joined up approach and an investment…
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Insurers look to remove basis clause but buyers must remain vigilant
The campaign to remove basis of contract clauses from UK insurance contracts has been fast gaining momentum, with several large…
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AGCS/Marsh claims promise receives lukewarm reception from German buyers
Industrial customers in Germany have reservations about the Major Claims Promise announced by Allianz Global Corporate & Specialty (AGCS) and…
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Mid-sized French firms ‘fail to update insurance strategies’
Mid-sized French companies are failing to adapt their insurance strategies to new risks they face as a result of a…
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Enhanced regulation of nine named GSIIs receives cool reception
A number of insurance associations in the US and Europe have reacted negatively to plans to regulate nine 'globally systemically…
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Concerns raised over Lloyd’s tracker arrangements
The wider implications of tracker type underwriting deals for the London market are still proving hard to digest, weeks after…
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Majority of UK companies failing to manage BYOD and cloud computing risk
A vast number of UK companies are putting critical corporate data at risk by failing to properly protect information on…
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Corporate round-up
Lockton launches new policy to cover 'uninsurable risks', Jane Barker succeeds Middleton as Chairman of Marsh Ltd, AIG names Beelders…
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SII, FACTA and Prips top EMEA insurers’ regulatory concerns
Preparing for Solvency II is the biggest regulatory concern for EMEA insurers, followed by compliance with the US' Foreign Account…
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Failure to account for climate change placing infrastructure projects at risk–Marsh
Marsh has warned that global infrastructure projects are at risk because many investors are failing to consider the impact of…
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Renewable energy sector could triple insurance spend by 2020 – report
To take advantage of growing opportunities the renewable energy sector must develop its risk management strategies that could see annual…
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Reality looking good
A new momentum is spreading across Africa as investors look for new markets globally and the continent provides plenty of…
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Kenyans on brink of formal risk management association
Kenya could soon have a new risk management association to drive the profession forward as risk professionals say they are…
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Prejudice holding back development
Rodrigo Amaral reports from Rendez-Vous de l’Assurance Transports, an annual meeting of the transport insurance sector, organised by CESAM and…
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Regulators need teeth to help African markets develop
Making sure insurance and reinsurance stays at the top of government priorities will be key if African insurance businesses are…
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Kenyan fraud examiners association set to expand anti-corruption training
The Kenyan Chapter of the Association of Certified Fraud Examiners is looking to expand its operations to train more fraud…
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Role of China challenges US and European firms investing in Africa
Chinese investment across Africa is challenging European and US firms to step up their game in a bid to compete…