English
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Supply chain cover not up to scratch finds Airmic study
Risk and insurance managers are not buying coverage that protects companies against supply chain disruption beyond standard property and business…
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Fitch claims risk pool is most likely solution to UK flood insurance crisis
As the UK counted the cost of further substantial flooding this week, Fitch Ratings, the credit rating agency, stated that…
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New risks, new transfer conundrums for Spanish buyers – Igrea
The need for Spanish companies to understand and get to grips with risks in new markets whilst at the same…
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Greimel to stand down at DVS
There will be wide-ranging changes to the leadership and management of the German Risk Managers' Association Deutscher Versicherungs-Schutzverband (DVS) next…
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Germany’s €50bn cyber cost necessitates specialist cover says broker
Germany's internal secret service Verfassungsschutz's estimate that cyber attacks cost the country €50bn annually should come as a concern to…
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Airmic unveils its model Reservation of Rights clause to end dodgy practice
Following months of discussions with the market Airmic has unveiled its long desired Reservation of Rights (RoR) model clause that…
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Spanish buyers to enjoy benign renewals
Spanish companies will not face higher insurance rates for most insurance coverage in 2013, according to participants at the annual…
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Mike Stalley – The impact of taxes on global programmes
Driven by the global financial crisis and the need to balance their books, governments are targeting insurance as a source…
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Turkey market report – Making progress
A rising number of European and international risk managers will find Turkey suddenly dropping into their inboxes and onto their…
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Tax and regulatory news
Channel Islands in talks with US over FATCA, Czech Republic: no IPT until 2014, France to increase standard VAT rate…
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Corporate round-up
Willis rolls out all risk D&O cover in Asia Pacific
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Improved risk assessment key as Turkey eyes private future
The Turkish government is keen to further open up its national catastrophe pool (TCIP) to the private insurance and reinsurance…
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Risk managers must increase focus on corporate ethics hears Sirm conference
Risk managers should pay more attention to corporate ethics to help ensure their companies prosper, Josef Naef, Business Ethicist from…
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ACE places Turkey top of priority list but sees no need to rush
Joseph Clabby, Regional President, Continental Europe, ACE Group, told delegates at this week's Turkey Insurance & Reinsurance Conference hosted by…
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Germany drops motor deductible tax scheme to delight of risk managers
German risk managers are pleased that the plan by the German Ministry of Finance to impose insurance tax on deductibles…
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UK financial services sector buckling under weight of new regulation finds survey
The UK financial services sector is struggling to cope with the raft of new regulations that it believes have not…
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AGCS appoints CEO of new Mediterranean business
Allianz Global Corporate & Specialty (AGCS) has appointed Patrick Thiels to lead its new Mediterranean operation where he will take…
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Property and BI rates stable but likely to increase finds Airmic survey
The cost of property and business interruption (PDBI) cover for UK companies has been stable over the last 12 months…
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Modest rate increases in UK as reserve releases dwindle
Dwindling reserve releases and low investment returns are forcing UK non-life insurers to push for premium hikes, according to AM…
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S&P downgrades Mapfre to ‘BBB+’ following lowering of Spain ratings
Standard & Poor's Ratings Services this week downgraded to 'BBB+' from 'A-' the long-term counterparty credit and insurer financial strength…
