English
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LMA urges UK government to get tough on claims inflation
The UK government’s recent proposal to end recovery of conditional fee arrangements (CFA), success fees and after the event (ATE)…
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Brazilian risk consultancy launches Portuguese operations
A Brazilian-based risk consultancy has opened operations in Portugal in an attempt to carve out an opening in the European…
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Risk advice in demand from UK charities
UK charities increasingly seek advice on risk management, particularly about how to deal with volunteer workers, according to a recently…
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AGCS hit by cat losses and soft market but delivers robust results
Although payouts for natural catastrophe losses and the ongoing soft rate environment weighed on its annual results, Allianz Global Corporate…
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Employee healthcare costs up 3.3% in Europe
The cost to companies of employee healthcare rose by an average of 3.3% across Europe last year, according to a…
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Spanish penal code leaves risk managers bare
Spanish companies can now be condemned for crimes committed by their employees, after the introduction of the country's new penal…
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DVS wants more democratic process for presidential election
In an effort to make its upcoming election more democratic, the board of the German insurance buyers association—DVS—will suggest names…
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Torus signals German intent with war risk cover for shipowners
The German arm of industrial insurer Torus ended 2010 with a bang as the Cologne-based office of the company announced…
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France boosts powers of IT security agency
The French government has boosted the powers of the agency created to strengthen cyber security in the country.
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Shifting fleet risk onto employees can pay dividends, German experts say
Staff at German mobile frozen food retailer Eismann will be glued to television screens in March this year. They were…
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UK insurers must react to European supervisory regime says Hector Sants
Hector Sants, Chief Executive of the UK’s Financial Services Authority (FSA), has called on the country’s insurance industry to organise…
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Increased liability on UK’s nuclear sector could result in cover gaps
New proposals from the UK government will place an unexpectedly high level of liability on the nuclear sector in a…
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JLT welcomes delay on UK Bribery Act and extra time to prepare
Broker JLT Specialty’s Directors and Officers liability team last week welcomed the delay to the implementation of the UK Bribery…
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Court ruling flags up ‘softer’ disclosure rules in Germany
A German court has told the country's industrial insurers that they can no longer rely on brokers' questionnaires when evaluating…
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Solvency II will help clear out fringe capacity claim insurers
Solvency II will put low-cost insurers under the spotlight and make it harder for risk managers to justify the use…
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EIL market in France expands as full extent of ELD liability comes into focus
The French EIL market is now showing signs of steady growth, following the implementation of the Environmental Liability Directive, as…
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Lord Levene warns against over regulation
The chairman of Lloyds’ of London, Lord Levene, has joined the chorus of insurance leaders who have warned against the…
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‘E-reputation’ risk a major concern as influence of the internet expands
Hacktivism, flash mobs, fake videos and wrong information that circulates worldwide before you can do anything about it. These are…
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Soft market was reason to be disciplined at renewals report Munich Re
Reinsurance rates continued to soften across lines and regions at the 1 January renewals, with some major German reinsurers demonstrating…
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Rhine spillage hits ship owners and industry
With the Rhine still closed to ships travelling downriver companies and ship owners alike have been hit with business interruption…
