Insurance
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Labour risk in focus as mining companies count the cost in Africa
The riots in South Africa last week that accompanied a strike at the Lonmin platinum mine are indicative of wider…
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Corporate round-up
Zurich appoints Kerner as CEO of General Insurance, Aon Risk Solutions appoints UK Head of Broking, Liberty Syndicates appoints Peter…
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Indian power failures leave supply chains in the dark
The power failures that hit northern India earlier this summer have highlighted yet another supply chain exposure for European business…
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Insurers failing to grasp full benefits of economic capital modelling
Research by KPMG suggests insurers are failing to make full use of economic capital (EC) modelling when deciding upon certain…
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Eurozone crisis adds to pension scheme woes
The ongoing eurozone crisis has thrown up four key risks with direct implications for defined contribution (DC) pension plans that…
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Buyers in control of aviation market—Willis
With buoyant capacity for aviation risks and excellent loss experience in 2012 market conditions are stable and the balance of…
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Canopius secures Omega Insurance Holdings Ltd
Canopius Group Ltd has completed the acquisition of Omega Insurance Holdings Ltd—the UK-listed, Bermuda-domiciled insurance and reinsurance group with operations…
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CRE’s holiday plans and summer publishing schedule
The Commercial Risk Europe team will take a well-earned break for the next few weeks and our newsletter will pause…
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Risk managers call for TCoR to address more than insurance premiums
Risk managers are questioning the suitability of industry metrics used to assess the effectiveness of risk management programmes, suggesting that…
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Libor scandal to hit directors and officers market expert warns
As the Libor interbank lending scandal rumbles on, a leading professional lines expert has warned that some carriers of directors…
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JLT’s revenue and profit up as analysts report ‘good’ h1 results
Jardine Lloyd Thompson Group reported revenue up 7% in the first half of 2012 and operating profit up 11.8%, with…
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Corporate round-up
ACE launches legal helpline for UK D&O and EPL clients, Standard Club offers three new products including K&R and Willis…
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Tough time for brokers—Risk Distribution
Commercial Risk Europe spoke to Joaquin Huergo Luz, CEO of Spanish broker Artai, as part of our annual Risk Distribution…
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A structured solution
Risk and insurance managers from across Europe who have taken part in this year's Risk Frontiers survey have expressed frustration…
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Half of European companies unprepared for emerging risks finds ACE
Around half of European companies say they are unprepared to deal with many of the most prominent emerging risks, citing…
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Corporate round-up
Willis makes top appointments in key regions, AIR expands suite of catastrophe models for Australia, Hiscox appoints new CRO and…
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£471,846 FSA fine and ban for individual UK broker due to fraud
A former UK commercial insurance broker was this week banned and fined £471,846, one of the largest amounts ever levied…
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Cat reinsurance market nears strategic shift as third party providers move in
The catastrophe reinsurance market may be on the cusp of a strategic shift, with third party capital providers set to…
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IMD2 plans explained as broker remuneration returns to spotlight–Analysis
Michel Barnier, EC Commissioner for Internal Market and Services, placed the thorny question of broker remuneration right back on the…
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Do insurers really know better?–Risk Distribution
Commercial Risk Europe caught up with Leberecht Funk as part of our annual Risk Distribution survey, sponsored by Lloyd’s. Discussions…