Insurance
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Politics matters-Comment
Regulation and politics seem to be currently driving the European and global corporate risk and insurance management agenda more than…
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Ferma makes formal approach for single database on global programmes
Ferma, Airmic and the London and International Insurance Brokers’ Association (LIIBA) will formally approach the insurance market this month with…
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Theis urges insurers to step up Solvency II lobbying effort
The European insurance industry must step up its lobbying effort on Solvency II to seek more time to carry out…
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Extremus sees increased demand for terror cover on back of court ruling
German terror pool Extremus has registered an increased demand for terror policies so far in 2011 having written policies with…
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AIR launches inland flood model for Germany
Catastrophe risk modelling firm AIR Worldwide (AIR) has released its first inland flood model for Germany that it said offers…
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Confusion in supply chain risk management adding to exposures
Businesses and their suppliers are unclear where responsibility lies for risk management and due diligence, according to a global survey…
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Disruptions to supply chains major cost from Thai floods—AIR
The major cost from the recent historic flooding in Thailand is the result of disruption to supply chains and manufacturing…
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Fears remain over innovation and capacity despite lower SII cat charges
Risk managers and other experts who gathered in Frankfurt for the Commercial Risk Europe Risk Frontiers seminar on Solvency II,…
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Argentina raises trade barriers and forces insurers to repatriate assets
Argentinian insurers took another hit last week as the government decided they will have to repatriate all investments made abroad.
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New legal insurance for trademark protection in Germany as disputes grow
As electronic giant Apple files a lawsuit against a cafe owner in Bonn over infringement of its trademark, a Hamburg-based…
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Insurers will cope with Greek haircut according to rating agencies
Europe’s industrial insurance buyers need not panic over the impact of the proposed Greek debt exchange that the vote in…
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EC proposes extension of ELD to tackle offshore energy risk
The European Commission has proposed draft regulation to improve the safety of offshore oil and gas activities in the EU…
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Corporate round-up
JLT combines with Marine & Aviation in Italy as expansion continues and David Batchelor appointed CEO of Marsh’s International Division.
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Fitch expects US to be granted equivalence with Solvency II
Fitch expects the US solvency regime for insurers to achieve equivalence with the European Union's Solvency II requirements, despite the…
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Corporate insurance market still facing downward pressure says Miller seminar
The corporate insurance market faces long-term downward pressure on rates, according to a Miller Insurance seminar held this week.
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Social media set to transform general insurance buying habits
Social media is set to transform the distribution of commercial insurance over the next five years, but firms are reluctant…
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Pressure mounts on supervisors to tackle global programmes question
Günter Dröse, President of ECIROA and Global Head of Insurance at Deutsche Bank, told attendees at Commercial Risk Europe's latest…
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Captive experts demand more detail on Solvency II despite assurance from EC
European captive owners and experts are still calling for more detail on how captives will be treated under Solvency II…
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New consultation on Brazil’s reinsurance rules as ABGR submits its proposals
The Brazilian risk management association, Associação Brasileira de Gerência de Riscos (ABGR), has presented a proposal to the country’s insurance…
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Captive owners reassured by Commission ahead of Frankfurt conference
Commercial Risk Europe holds its fourth Risk Frontiers seminar for readers today, this time in Frankfurt, Germany in partnership with…