Insurance
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Battle over EU data protection rules delays introduction
Proposed amendments to the European Commission’s (EC) forthcoming Data Protection Regulation would place yet further obligations on business, experts have…
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Cyber security advances up the international agenda
The European Network and Information Security Agency (Enisa) has published the findings of the largest ever pan-European cyber security exercise.…
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Bulk of risk transfer industry in the black despite tough trading conditions
Against a difficult trading environment, and to varying degrees, most of the large commercial insurers, brokers and reinsurers eked out…
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Steady as she goes – Christian Hinsch, HDI
The second half of 2012 was a very busy and exciting time for Christian Hinsch, Deputy Chairman of the Board…
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Time for a…common language – Christian Hinsch & Jens Wohlthat, HDI
Some risk managers in Germany and across Europe are not happy with the apparently ever rising demands of insurers and…
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Insureds ‘exasperated’ by confusing cyber cover says leading broker
Insureds are 'exasperated' by the term cyber insurance because of a lack of clarity over the cover it provides due…
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Lloyd’s big players report healthy 2012 and progress in Europe
Three of the largest listed Lloyd's insurers have reported much improved profits and revenue growth for 2012, benefiting from lower…
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IUMI adds to customer pressure to provide more risk information
In what appears to be another example of rising insurer demand for risk information from customers, the International Union of…
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Corporate round-up
Willis appoints new CEO of Central & Eastern Europe, Middle East and Africa and names new CEO of European Captive…
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Marsh launches new tool to measure risk management and insurance value
With more and more focus on proving the value added by risk management and risk transfer Marsh has launched its…
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Coface profits up 80% but reports setback in northern Europe
Credit insurer Coface saw a dramatic 80% increase in profit last year but suffered a setback in its important northern…
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Energy insurance stable but market faces possible inflection point: Marsh report
The energy market may be undergoing momentous change but a review of the energy insurance sector by broker Marsh suggests…
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AIG registers yearly profit despite fourth quarter woes
Despite taking a net $4bn loss in the fourth quarter, AIG posted a profit in 2012 and closed the door…
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Brokers must raise environmental liability awareness: Italian expert
Awareness of the expanded risks faced under the EC Environmental Liability Directive (ELD) and other recent environmental rules is now…
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Corporate round-up
Tokio Marine Europe strengthens underwriting capabilities with two new UK appointments, Guy Carp appoints head of European Casualty and RMS…
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Life sector innovations to transform commercial sector research predicts
Customer-focused innovations from the world of personal insurance are set to filter through to the general insurance sector in the…
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Agers demands changes to Spain’s environmental liability law
Spain's risk management association, Agers, has proposed changes to the country's environmental liability law in order to make life easier…
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Disconnect between cyber fear and European risk management finds survey
A new survey by Advisen suggests there is a worrying disparity between the fear of cyber risk at European companies…
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Brokerage publicly backs Airmic’s call for buyers and market to embrace ‘fair’ RoR clause
A leading brokerage has put its weight behind Airmic's recently published model clause that aims to combat insurers' overuse of…
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Latest insurer results show solid performance despite tough conditions
Allianz SE, Europe's largest insurer by premium, has reported higher profits and revenues in 2012. The insurer enjoyed higher rates…