Insurance
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German market grapples with emerging risk as Munich proposes $20bn oil spill liability scheme
The German risk and insurance management community have welcomed calls from their outgoing president Stefan Sigulla and Torsten Jeworrek, board…
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Liability set to expand in Europe despite recent caution
Europe is moving ‘inexorably’ towards an increase in the breadth of legal liability and levels of compensation, along with a…
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New dawn for credit insurance
Trade credit insurance has been on the front page over the last two years for all the wrong reasons. Huge…
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Steady as she goes-Philippe Rocard
Adrian Ladbury met Philippe Rocard, CEO of AXA Corporate Solutions, in the sunshine of this year’s Monte Carlo. Rendez-Vous to…
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Partners in risk-Dr Jürgen Kurth
Partnership between risk ‘owners’, brokers and carriers, transparency and how to tackle emerging risks were the dominant themes at this…
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Early QIS 5 feedback suggest captives still under pressure
Initial results from QIS 5, the crucial fifth Solvency II quantitative impact study, show that solvency capital requirements for captives…
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AIG maps out plan to return to open market
AIG, parent of leading industrial insurance group Chartis, announced yesterday that it has entered into an agreement-in-principle with the US…
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FERMA study reveals concerns over Solvency II and emerging risks
European insurance buyers are comfortable with current pricing levels but do have concerns over the market hardening, the impact of…
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Insurer financial strength and willingness to pay the key factors for buyers
Insurer financial strength and willingness to pay were cited as the most important factors for European risk managers when choosing…
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European insurance industry has weathered the storm–A.M. Best
The European insurance industry has withstood the adverse economic circumstances with capitalisation improving in 2009, although not to the levels…
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Parliament vote means ‘new era’ of European supervision – CEIOPS
The three European Level 3 Committees of national supervisors – CEIOPS (insurance), CESR (securities) and CEBS (banking) – have welcomed…
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FERMA says EU Company Law Directive opportunity for profession
FERMA this week launched a guide for non-executive and executive board directors to help them comply with the risk management…
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French firms criticised following Niger kidnappings
The recent kidnapping of workers from the French groups Areva and Vinci in Niger has ignited a debate in France…
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Airlines fleet values rising as confidence returns
Airlines predict a 13% increase in passenger numbers in 2011 compared to a predicted 9% fall at the same point…
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New security challenge for gas market risk managers
Risk managers with Europe’s gas companies face a further significant addition to their workloads following the move by the European…
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Quinn Insurance Ltd. gets red light
Quinn Insurance Limited [QIL], which went into administration last March, has been refused re-entry into the UK commercial insurance market…
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A journey into the unknown
Partnership between risk ‘owners’, brokers and carriers, transparency and how to tackle emerging risks were the dominant themes at this…
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Prices stable but outlook cloudy
European commercial insurance buyers should be relatively happy with the news from the annual reinsurance market Rendez-Vous in Monte Carlo…
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Munich Re takes centre stage in Monte Carlo with oil rig plan
Munich Re announced an ambitious plan during the Monte Carlo reinsurance market Rendez-Vous to open talks with the US government…
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Liability to expand in Europe despite recent caution
The breadth of legal liability and levels of compensation across Europe are likely to increase in due course, along with…