CRE Insurance
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German buyers say Solvency II may reduce reinsurance spend
Risk managers of leading German companies believe Solvency II may cause problems for reinsurers, as consolidation amongst primary companies will…
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Pressure on rates set to rise as insurer margins tighten predicts Swiss Re
Swiss Re's economists have warned that insurers’ profits will be under pressure, amidst weak investment returns, and that a correction…
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Insurance buyers still fear capacity crunch following Solvency II
Concern continues to build among Europe’s risk and insurance management community about the appetite that insurers will have for large…
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Constructive criticism needed from CEA on ELD risks
The CEA has been criticised for its 'negative' approach to mandatory financial security for ELD liabilities and challenged to come…
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Database the answer for global programmes conundrum
A group of leading European experts on global programmes agreed last week at the Malta International Risk & Insurance Congress…
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Security chiefs focus on risks posed by emerging markets
Multinational companies will have to deal with an increasing volume of security risks as they look for growth in emerging…
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New role for security chiefs as risks multiply
The job role of corporate security chiefs is changing fast and gaining more importance within international companies, as they increasingly…
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FERMA applies to join EIOPA’s advisory group
FERMA this week confirmed to Commercial Risk Europe that it will apply to be a member of the 30-strong formal…
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Leading insurers call for climate change action at UN convention
As the United Nations Framework Convention on Climate Change (UNFCCC) gets underway in Cancun ClimateWise, the collaboration of leading insurers,…
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European supervisors divided on insurance guarantee schemes plan
CEIOPS has welcomed the European Commission’s public consultation on its White Paper and impact assessment on Insurance Guarantee Schemes (IGS),…
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Surplus capacity in marine market questioned by Willis
Brokerage Willis has questioned why the marine insurance market is attracting surplus capacity despite the fact that there is little…
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Marsh launches facility to meet concern over political risk
Marsh has launched its Mobile Asset and Commodity Expropriation (MACE) insurance facility to meet what is seen as an increased…
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Spanish risk managers told soft market is coming to an end
Spanish risk managers have been warned that the soft insurance market is coming to an end, although it is unlikely…
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Credit and surety bond markets bounce back but challenges remain
The credit insurance and surety bond markets are showing positive developments following the financial crisis but challenges still persist, according…
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German market in uproar over Solvency II
Germany's insurers are in uproar over Solvency II. After years of more or less ignoring the EU's efforts to unify…
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German insurance market growing again but brokers still feel the pinch
The German primary insurance market is growing again, driven by life, but also helped by the first signs of a…
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CEIOPS tells EC to exclude big risks as FERMA nears conclusion of transparency deal
The large commercial insurance and reinsurance markets will be excluded from the European Commission’s updated Insurance Mediation Directive (IMD2) if…
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EC clears the way for ‘transitional regime’ approach to equivalence for Solv II
The European Commission has written a letter to CEIOPS confirming that it wants to adopt a 'transitional regime' for countries…
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IGREA welcomes Solvency II but warns against overburden on insurers
Large Spanish insurance buyers have expressed their support of the Solvency II directive, but have also warned legislators to avoid…
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Mesothelioma employers liability ‘trigger’ case causes concern for insurers
The UK Court of Appeal's recent judgement on when employers liability (EL) policy cover is triggered in mesothelioma cases is…