Europe
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Risk management blossoming in Turkey
ERMA, the Turkish risk management association, was only founded last April but already the group has many of the country’s…
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Risk Governance Deficits report identifies ‘weak spots’ for corporates
Tony Dowding discusses the latest report from the International Risk Governance Council that provides a tool to assess, evaluate and…
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Insurers call on regulators to recognise minimal systemic threat
A new Geneva Association report has added further evidence to support calls for the differential treatment between insurers and banks.…
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Landscape of risk is rapidly changing as energy sector searches further and deeper
The international oil and gas industry remains confident that it has a long and profitable future despite warnings from some…
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Access to oil remains number one worry for energy managers
The availability of oil and gas resources is the number one risk to the oil industry according to a poll…
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Insurance market up for the challenge—at a price
Insurers and reinsurers are constantly criticised by insurance buyers for failing to meet new risks presented by rapid technological change.…
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Steady as she goes-Axel Theis
Axel Theis, CEO of Allianz Global Corporate & Specialty, has managed a remarkable turnaround in the German group’s large corporate…
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Banks and corporates urged to learn same lessons from crisis
Tendency among risk managers in financial firms and corporates to think and talk differently about operational risk does not help,…
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S&P launches benchmark system to help insurance buyers compare performance
Credit rating agency Standard & Poor’s Risk Solutions is launching a series of Insurer Performance Benchmarks (IPBs) that begins with…
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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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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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International academics push for outright ban on asbestos…again
The Collegium Ramazzini, an international academic society that specialises in occupational and environmental medicine, has issued a renewed call for…
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European Commissioners force pace on REACH requirements
European Commission Vice President Antonio Tajani, Commissioner for Industry and Entrepreneurship, and Janez Potočnik, Commissioner for Environment, last week urged…
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Talking cars hit the road in Europe
'Talking' cars were out and about on ordinary roads in Europe for the first time last week thanks to European…
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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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Industry leaders wary of the return of the wagging long tail
The news of the decision by AIG to boost its loss reserves for Chartis by $2.3bn in the last quarter…
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Pricing discipline will help boost U.K. insurers earnings says Fitch
Fitch Ratings has revised its rating outlook on the U.K. non-life sector to stable from negative based on the credit…
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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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Alarm and IRM Team up on Risk Event
Alarm, the U.K. public risk management association, has entered into a joint initiative with the IRM in Northern Ireland to…