CRE Risk Management
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Non-executives need more risk oversight claims Moore at IRM
Further organisational crises are inevitable unless significant improvements are made to corporate culture, ethics and governance, Paul Moore, the whistleblower…
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IGREA prepares to add political role to fast-growing agenda
IGREA, the association of risk and insurance managers within Spain’s largest companies that was formed last year, plans to step…
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New law sparks risk management education boom in Poland
Demand for risk management expertise is booming in Poland, as a law passed last year to make the adoption of…
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White Rock launches PCC operation in Isle of Man
White Rock, the company owned by Aon that manages Protected Cell Company (PCC) facilities in Gibraltar, Guernsey, Luxembourg, Malta and…
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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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Mactavish’s Hepburn says worst is yet to come for Risk Managers
It is the beginning of the financial crisis for many risk and insurance managers who will experience a lag impact…
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Risk managers must improve board information, says broker
Risk managers must focus their efforts on the production of key pieces of management information and ensure that their risk…
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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…
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U.K. insurance buyers face disappointment over contract law reform
The U.K. Law Commission is unlikely to recommend the extension of the recent reform of insurance contract law that significantly…
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Contingents are on the agenda as U.S. risk managers gather in Boston
Contingent commissions will be one of the key topics discussed at this year’s annual Risk and Insurance Management Society (RIMS)…
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Malta consults on new ICC legislation
The Maltese Financial Service Authority (MFSA) has published a consultation paper for the market on its new legislation to allow…
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Higher than average hurricane season predicted for U.S. and Caribbean
The respected Colorado State University's (CSU) Department of Atmospheric Science has issued an updated forecast of the 2010 Atlantic hurricane…
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FERMA launches pan-European survey
The Federation of European Risk Management Associations (FERMA) has formally launched a survey of European risk managers that it hopes…
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Irish regulator promises fair and proportional approach for captives
Matthew Elderfield, Head of Financial Regulation at the Irish Financial Regulator, (FR) has promised captive owners that they will receive…
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Buyers and insurers unite against ‘extreme conservatism’ of CEIOPS Solvency II plans
[LONDON]—Pressure is fast building on the European Commission from insurance company and buyer representative groups to water down the advice…
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France’s plans to prevent technological risks are delayed
The implementation of mandatory plans to prevent the rise of technological risks in industrial sites in France is running later…
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Chartis is a leading player but government-backed status bites-Comment
Employees of Chartis, AIG’s non-life operation, are of course sick to the back teeth of reading about their company in…
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ECJ confirms onus on polluter to prove not liable in first ELD ruling
Italian petrochemical case clarifies polluters’ responsibility as EC mandatory insurance system unlikely for now.
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Risk management blossoming in Turkey
ERMA, the Turkish risk management association, was only founded last April but already the group has many of the country’s…
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Risk Governance Deficits report identifies ‘weak spots’ for corporates
Tony Dowding discusses the latest report from the International Risk Governance Council that provides a tool to assess, evaluate and…