English
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RIMS ‘pleased’ with Marsh announcement on contingents as debate builds in Europe
RIMS, the U.S. risk management association, has announced that it is ‘pleased’ that broker Marsh has decided not to accept…
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Solvency II will kill soft market and slam captives warn carriers
Swiss insurance buyers agree with colleagues around Europe that pricing conditions for their core lines will remain stable for the…
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Lloyd’s reports record £3.9bn profit and vows to continue ‘hard slog’ in Europe
Lloyd’s of London, the international insurance and reinsurance marketplace, says it is determined to continue its efforts to break into…
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AIRMIC warns Commission Solvency II ‘out of all proportion’
AIRMIC, the U.K. insurance and risk managers association, has added its weight to the growing opposition to Solvency II, Europe’s…
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IRM and NORIMA confirm education initiative
The Institute of Risk Management and the Norwegian Risk Management Association, NORIMA, have announced a joint education initiative whereby NORIMA…
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Association calls for automatic disclosure for Dutch brokers
The Dutch insurers’ association, the Verbond van Verzekeraars (NVV), has published a position paper on broker remuneration that calls for…
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Marsh Germany still seeks new CEO as Kado takes reins
Sven Kado, Chairman of Marsh Germany, has taken over as interim Chief Executive Officer of the Frankfurt-based arm of the…
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U.K. exporters unfairly suffer from lack of cover and government backing
Exporters in the U.K. are suffering from an “unfair playing field” when competing with European and global competitors as its…
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Europe’s insurers face up to €3bn bill for storm Xynthia
Winter storm Xynthia will probably cost insurers between €1.5bn and €3bn for losses incurred in France, Germany, Belgium and the…
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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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Mission Impossible? – Johny Merlot
Emerging risks and the ability of the insurance industry to rise to the changing risk and insurance needs of their…
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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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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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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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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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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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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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‘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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AXA CS helps improve group profit but don’t expect terms to relax
AXA Corporate Solutions (ACS) reported slightly reduced revenues on a reported basis, but, sharply increased profits as Paris-based parent AXA…
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Amlin seeks ‘powerful’ role in France with merger of operations
Amlin, the London-based insurance group and biggest underwriting agency at Lloyd’s, has announced plans to form a separate division for…