CRE Insurance
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Don’t let the politicians pass the ELD buck – Comment
There is no bigger supporter of cross-border efforts to try and save the environment from man’s rapacious appetite for natural…
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Flat market for corporate business forecast by major European carriers
During a series of interviews carried out with a group of executives from Europe’s leading industrial insurance carriers just before…
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Chartis bitten by 2002 and prior reserve addition as AIG posts year-end loss
Chartis, the global non-life insurance operation of AIG, reported a fourth quarter 2009 operating loss of $1.8bn that was driven…
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Buyers, insurers and brokers still grappling with ELD’s complexities
The Environmental Liability Directive (ELD) finally reached implementation in all 27 E.U. member states at the end of 2009, two…
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New risks, new world
The French risk and insurance management profession set a big challenge for themselves and insurers during this year’s AMRAE conference…
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Business as usual… almost – Nicolas Aubert
Chartis’ French operation is one of the biggest and the longest-established in the group. Adrian Ladbury interviewed General Manager Nicolas…
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Demand for captives in national oil sector expected to grow
Only a small portion of national oil companies (NOCs) currently operate a captive insurance company, but, broker Marsh believes that…
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EC transport official denies deregulation raises risk to travellers
Siim Kallas, Vice-President of the European Commission responsible for transport, has strongly denied that the recent rail crash in Buizingen,…
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‘Fracking’ could free Europe from Russia’s stranglehold on gas, says UK politician
[DUBAI]—Europe could be self-sufficient on power from natural gas, and escape Russia’s supply-stranglehold, if energy companies in Europe follow the…
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Brussels opens ‘discussion’ on broker pay with CEIOPS
The pressure on European risk managers and their brokers to find an industry agreement on broker pay to remove potential…
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EFSA consults on risk-benefit assessment of food
The European Food Safety Authority’s (EFSA) Scientific Committee has published guidance on the risk-benefit assessment of food for public consultation.
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Saxon farmers win compensation for wolf attacks
The European Commission has authorised the German Land of Saxony to grant aid of up to 80% to farmers for…
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AGCS reports stronger volumes, profits and solvency as integration continues apace
Allianz Global Corporate & Specialty (AGCS), the arm of Munich-based Allianz SE that focuses on large corporate and specialty business,…
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Amlin reports record profits on the back of low losses and buoyant investments
Amlin, the London-based insurance group, reported a record pre-tax profit for 2009 on the back of strongly increased premium volumes,…
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RSA remains committed to European growth despite flat market
RSA, the London-based insurance group, has reported a higher net written premium volume and improved underwriting result but worse combined…
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Risk response not assessment is the key – Comment
I have to confess that when I see a speech on enterprise risk management scheduled at a conference I usually…
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Swiss Re bounces back to black
Swiss Re almost put its recent past behind it with the announcement last week of profits of CHF506m for 2009,…
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Aspen announces $400m share buyback as profits rise by 357%
Aspen Insurance Holdings, the Bermuda-based insurance and reinsurance group, confirmed the buoyant mood in the international market, as its board…
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Montpelier Re reports record year and hands back capital
Montpelier Re Holdings, the Bermuda-based short-tail reinsurance and specialty lines carrier, delivered a record net profit in 2009 of $464m…
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Flagstone predicts “challenging” mid-year renewal after record profits
Flagstone Re continued the good news from Bermuda for insurers and reinsurers as it reported a record profit for 2009,…