Insurance
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Global Programme database moves on as Airmic issues second RfP
Airmic has issued a second Request for Proposal (RfP) for companies interested in the creation of a global database of…
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French security chiefs agree united effort needed to meet cyber threat
French companies are poorly prepared to face the threats created by a growing reliance on information technology, according to a…
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German and French companies least prepared for IT failing or cyber attack
Some 99% of European companies have reported financial losses following an IT/cyber incident in the past five years. That was…
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Europe’s insurers call for clarity on Solvency II
Uncertainty surrounding the implementation of Solvency II, Europe’s planned capital adequacy and reporting regime for the insurance sector, was identified…
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Euro solution provides quick fix but basic long-term problems remain
The current solution to the euro crisis being thrashed out in Brussels will provide a short-term fix to the sovereign…
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James to step down as CEO of Lockton International
Julian James, the CEO of Lockton International and former head of international markets at Lloyd’s, has announced his plans to…
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Emerging markets will drive growth story in 2013 predicts Swiss Re
Emerging markets will continue to be the main source of premium growth for both non-life and life insurance markets, according…
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Marketing hype from consultants hampers fight on financial crime
Efforts by the UK government and police to tackle financial crime are hampered by a lack of accurate data about…
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Moody’s sticks with negative outlook for German insurance market
Credit rating agency Moody's announced this week that its credit outlook on the German insurance industry over the next 12…
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Risk managers embrace risk information systems but insurers need to up game
Risk management information systems (RMIS) are becoming an increasingly important tool for risk and insurance managers, both in the internal…
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Zurich sets out new strategy for Germany with SME focus
Following hefty losses on professional indemnity insurance policies for hospitals and architects, insurer Zurich wants to try a new approach…
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Polish terrorist plot highlights threat of ‘black swans’ says expert
The Polish risk management association Polrisk had just started its annual meeting in Warsaw last month when news broke that…
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Ferma says no to shared EU environmental liability fund
Ferma has come out strongly against the creation of a European fund to cover environmental liability losses that is currently…
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Supply chain cover not up to scratch finds Airmic study
Risk and insurance managers are not buying coverage that protects companies against supply chain disruption beyond standard property and business…
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Willis UK CEO departs as broker announces key changes to European operations
Willis International has split its continental European operations into two distinct regions-western Europe and central and eastern Europe-and appointed Alberto…
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Mega Monday offers risk and reward for online retailers
As consumers began their Christmas shopping in earnest this week internet sales burst into life as the UK's Mega Monday…
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Munich Re steps further into brave new world of offshore wind
Munich Re is getting braver when it comes to insuring offshore wind parks. It claims that via its specialist primary…
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Corporate round-up
Willis and Hay Group team up to bolster global employee benefits and HR offerings, Crown Dependencies meet with UK officials…
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Enisa claims cooperation is critical in war against cybercrime
The European Union network security agency Enisa has launched a new good practice guide on cooperation and coordination between computer…
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New risks, new transfer conundrums for Spanish buyers – Igrea
The need for Spanish companies to understand and get to grips with risks in new markets whilst at the same…