English
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BaFin warns insurers not to delay preparations for SII
The German insurance supervisor has warned that insurers should not wait until 2016 to introduce new capital adequacy rules under…
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Corporate round-up
IRM launches Switzerland regional group, ACE expands global programmes offering in Benelux, AIG appoints new UK Head of Commercial Property,…
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Communication and transparency are key for claims
Poor communication, the unnecessary involvement of lawyers and a lack of transparency are key reasons why claims go wrong, according…
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Risk industry and government combine to tackle major project cost
The Institute of Risk Management (IRM) and the Infrastructure Risk Group (IRG) this week launched a report that is designed…
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Taskforce calls for radical slashing of EU red tape to boost European competitiveness
The British Prime Minister David Cameron has backed proposals by his government's Business Taskforce that call for a radical cut…
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European insurers bounce back but challenges ahead say AM Best
European non-life insurers are benefiting from more stable economic conditions but many are still struggling to comes to terms with…
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Austrian-broker Greco follows clients as it opens new business in Turkey
Austrian firm Greco has become the first broker from the German-speaking part of Europe to open a subsidiary in Turkey.
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AMRAE fully behind European certification for risk managers
France's risk management association, AMRAE, firmly supports Ferma's project to introduce a European certification for risk managers, its CEO, Bénédicte…
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Corporate round-up
AGCS open Swedish branch, ACE announces key changes to European environmental team, Swiss Re Corporate Solutions sets up branch in…
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Airmic set to deliver Axco-based global programme compliance solution in 2014
In partnership with Axco, the insurance information specialists, Airmic expects to deliver a solution for members struggling with compliance issues…
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Europe’s insurers seek targeted overseas growth
Many of Europe's largest insurers are selectively targeting growth in emerging markets, according to AM Best. But this expansion comes…
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Insurer confidence rises as UK economy shows signs of life
UK-based insurers are increasingly optimistic according to the latest quarterly survey from PricewaterhouseCoopers and UK trade body the Confederation of…
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AMRAE wins price reductions from French terror pool
The French risk management association AMRAE is celebrating a lobbying victory after the country's terrorism pool agreed to a change…
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SCOR suffers setback in fight against ‘virtual nat cat monopoly’ in France
France's largest reinsurer, SCOR, has suffered a setback in its fight to overturn the position held by Caisse Centrale de…
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Building bridges to the Nordic region
Anders Esbjörnsson was one of two new Ferma board members elected in June. Group risk manager at Sweden-based construction firm…
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Risk managers give insurers qualified approval but ask for more
Leading risk managers on a panel debate at the Ferma Forum yesterday scored insurers highly when it comes to servicing…
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German board managers are the most exposed to personal liability warns Droese
Management board members at German joint stock companies face more personal liability than their colleagues in other countries, according to…
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German hailstorms to cost insurance industry up to $2.7bn says Swiss Re
Swiss Re has estimated that industry-wide insurance losses from the hailstorms that hit Germany in July will be between $2bn…
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Mandatory patent insurance to protect intellectual property on cards in Spain
The Spanish government is considering the introduction of a mandatory patent insurance scheme to protect companies intellectual property rights, an…
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Lloyd’s profits fall as investment income dries up
Lloyd's profits fell in the first half of 2013 to £1.38bn from £1.53bn during the same period last year predominantly…
