Insurance
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Soft energy market broken but now in limbo—Willis
Energy insurance rates have stopped falling as a result of losses in early 2011, but with an abundance of capacity…
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New German storm surge model should help widen cover for buyers
Aon Benfield has launched the first storm surge risk model for Germany to help drive the underdeveloped line of cover…
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AGCS makes two new board appointments
Allianz Global Corporate and Specialty (AGCS) have announced the appointment of two new members to its board of management. Andreas…
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French companies turn to political risk insurance but prices up 30%
Demand for political risk insurance is on the rise among French companies, as they try to deal with their exposure…
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In search of excellence-Marguerite Soeteman-Reijnen
Marguerite Soeteman-Reijnen is chief broking officer for Aon Risk Solutions, the risk management business of Aon Corp., in Europe, Middle…
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Best practice makes perfect-Joe Clabby
Joe Clabby was recently appointed president of ACE Continental Europe and is charged with further growing the group’s European business…
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Associations agree to start formal debate with market to fix global programmes
FERMA, AIRMIC and a group of leading international insurers and brokers have agreed in principle to meet in London to…
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Insurer groups tell EC to calm down on Solvency II or face ‘dire consequences’
Leading representative groups of the European insurance industry have strongly urged the European Commission to change course on Solvency II.…
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India and China fare badly in Asia-Pacific corruption study
India has fared badly in a study of corruption within the Asia-Pacific region. Of the 16 countries assessed, it is…
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Reinsurance rates showing signs of transition say leading brokers
Leading reinsurance brokers have given a mixed message on the April 1 reinsurance renewals that came on the back of…
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Chartis covered latest Telekom D&O claims say sources
Former chief executives of German telecommunications company Telekom have agreed to a settlement with their former employer in which they…
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German freight companies face premium hike after court ruling
German freight forwarders, or logistic companies, fear that motor third party liability premiums for trailers may rise dramatically due to…
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French nuclear industry under pressure following Japanese disaster
The nuclear crisis in Japan has fuelled pressures in France over the security of the country's extensive network of nuclear…
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CRE launches Risk Frontiers Survey 2011–Breaking down the barriers to insurability
CRE’s annual pan-European risk & insurance manager survey, supported again this year by XL Insurance, is underway. It comes as…
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CRE launches first pan-European corporate broker survey
Commercial Risk Europe has launched an annual survey of Europe’s leading brokers of corporate risk. The survey aims to find…
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XL launches in China
XL Group opened a new non-life subsidiary in Shanghai, China, last week that will offer products and services in property,…
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Airline rates up but down on risk exposure adjusted basis, Aon Risk Solution
Airline passenger numbers are expected to rise globally by an average of 10% in 2011, following a downturn in numbers…
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Japanese insurers placed on negative watch following disasters
Fitch Ratings has placed four of the five Japanese non-life insurers rated by the agency on Rating Watch Negative, following…
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Earthquakes major cause of $43bn losses in 2010, Swiss Re
Insured losses from natural catastrophes stood at $43bn in 2010, an increase of more than 60% on 2009, according to…
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Brazil reportedly backs down on reinsurance rules following buyer pressure
Following pressure from FERMA and other risk management and insurance associations the Brazilian government has partially backtracked on two heavily…