CRE Insurance
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Rates must harden or margins will suffer, warn top insurers
The insurance industry weathered the recent financial and economic storm better than most and has posted another set of healthy…
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Brokers confirm oil pollution capacity to shrink following disaster
Brokers have told a group of U.S. Senators that oil pollution capacity is likely to fall by about 15% following…
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Standard terms given green light from the European Commission
E.C. guidelines on horizontal competition will allow standard policy conditions so long as they are transparent, open and non-binding.
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Claims up but cover bought down in financial lines claims broker
European financial institutions are buying less insurance or decreasing their sums insured in an effort to reduce costs, despite an…
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Run off from Solvency II?
Insurance buyers in Europe are worried that Solvency II will drive capacity out of their core industrial insurance lines. Derek…
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Bermuda market intensifies campaign for equivalence
European insurance and reinsurance buyers should support an effort by the Bermuda market to gain equivalent status under Solvency II…
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Bermuda market gives tentative welcome to new solvency regime
During a series of interviews with Bermuda market leaders Commercial Risk Europe found general support for the goals of Solvency…
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A game of high stakes-Philippe Brahin
Philippe Brahin, Director, Head of Group Regulatory Affairs, at Swiss Re is one of the key players in an increasingly…
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Fighting fit-Gernot Klantschnig
Last year was a tough one for XL Capital as it strived to bounce back off the ropes after big…
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DVS to tackle emerging risks with insurance market
The apparent inability of the industrial insurance market to react to so-called emerging risks with innovative new covers was a…
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EU gathers oil industry for assurance on safety
EU Energy Commissioner Günther Oettinger called a meeting of oil and gas production industry executives that operate in Europe and…
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Energy rates head north as lawyers prepare for post loss bonanza
Energy market insurers have reacted swiftly to the Deepwater Horizon oil rig loss in the Gulf of Mexico and buyers…
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Reform of U.K. insurance contract law ‘some way off’, says Hertzell
The U.K.’s Law Commissioner for Commercial and Common Law, David Hertzell, believes that aspects of the current law that governs…
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Torus swoops on Glacier subsidiary as deal flow steps up
Property casualty insurer and reinsurer Torus has acquired Glacier Insurance AG, a subsidiary of the Glacier group, subject to regulatory…
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Energy risk an increasing concern to business
Energy risks are of increasing concern to business and are now rated as big a risk as health and safety,…
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FERMA gives mixed reception to partial block exemption regulation
The Federation of European Risk Management Associations (FERMA) has welcomed the adoption of the new European Union insurance block exemption…
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Icelandic volcanic ash surprisingly not on risk radar says ISO’s Kevin Knight
Kevin W. Knight, Chair of the International Organization for Standardization (ISO) working group that developed the ISO 31000 risk management…
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‘Risky’ gas a safe bet for European supplies says National Grid expert
Governments and industry should be mindful not to portray gas as a ‘risky’ energy source because, as security and supply…
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Insurance sector has key role to play in energy market recovery says Aon
The energy industry is at a pivotal point in its recovery, following an extremely challenging operating environment during the global…
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Commission and Parliament give assurance to buyers on Solvency II
Senior representatives of the European Parliament and Commission last week reassured insurance buyers that their concerns about Solvency II are…