English
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Legal tussles commence over faulty breast implants as Mas arrested
Jean-Claude Mas, who founded and ran French breast implant-maker Poly Implant Prothese (PIP), has been arrested because of the discovery…
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Companies need to step up data security management urges German broker
Companies should review measures taken against IT risks and there is a pressing need for a change of attitude towards…
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Costa faces class action lawsuit over Concordia disaster
A class action lawsuit has been launched against Costa Cruises and its US-based owner Carnival Group following the Costa Concordia…
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Fitch acts on Italy and Spain—Generali unaffected but Fondiaria and Mapfre downgraded
Fitch Ratings said on Tuesday that Assicurazioni Generali and its core operating subsidiaries' ratings are not affected by the downgrade…
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Commission asks Italy to strengthen laws on environmental liability
The European Commission announced this week that it is ‘concerned’ that Italy has incorrectly implemented EU legislation on environmental liability…
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Further sharp increase in UK product recalls in 2011
UK product recalls have increased by 27% in 2011 to a record 291, compared with 229 in 2010, according to…
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Gras Savoye’s new organisation strengthens Willis ties
French broker Gras Savoye has announced a structural organisation that aims, among other goals, to further develop its partnership with…
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German insurers demand more information to achieve innovation
The German insurance industry has strengthened its call for more information about risks from corporate clients to help deliver more…
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HDI continues expansion as parent swoops on Poland’s Warta
Talanx, the parent of the HDI industrial insurance group, has announced further expansion in Europe with the intention to acquire…
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Aon Corp relocates headquarters to London
Aon Corporation is to move its corporate headquarters to London. Aon said that the move 'provides greater access to emerging…
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Ergo seeks growth in Austrian, Dutch and French industrial insurance markets
Munich Re subsidiary Ergo plans to expand its insurance business for corporate clients in Europe and open branch offices in…
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Air France’s very expensive cup of coffee
French airline Air France has been ordered to pay €146,000 in damages after being deemed responsible for injuries suffered by…
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Brokers need to focus on own liability risks as well as clients’—German experts
This case set off alarm bells in the industry: In 2007 the state of Alaska sued the consulting company Mercer…
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UK announces cuts to health and safety legislation and demonstrates need for risk review in government
The second review of the UK’s health and safety legislation in two years has again concluded that the legislation is…
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Lloyd’s Risk Index reveals global concerns
Loss of customers and cancelled orders is the number one global risk for businesses around the world, according to the…
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Groupama raises €300m to boost finances as Solvency II delayed again
It seems that insurers and captive owners will have to wait even longer for clarity on the exact requirements of…
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Reputational risk, energy supply chain and cyber risk focus for Risk Frontiers in London, February 15
Commercial Risk Europe has teamed up with the UK risk management association Airmic to organise the latest Risk Frontiers seminar…
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Crumbling bricks spell risk management nightmare for respected German company
Haniel Konzern, the famous German family-owned business, is currently having to face up to a risk management nightmare caused by…
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Don’t be fooled by common language in Brazil
Language may not be a big barrier for Spanish companies that are trying to make a splash in the fast…
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Retreat, enhance or tidy up are core options for captive owners under Solvency II
Captive owners have some big decisions to make as the implementation date for Solvency II draws closer. Jonathan Groves of…