Region
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Insurers failing to make progress on contract efficacy
The UK risk and insurance managers' association Airmic says progress on improving the efficacy of insurance for large commercial buyers…
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Congratulations Parima and welcome to Commercial Risk Asia
It was an honour to host the first annual Pan Asia Risk & Insurance Management Association (Parima) conference this week…
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Parima promises global programme database for members
The Pan Asia Risk & Insurance Management Association (Parima) plans to deliver a compliance database to help guide members through…
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Asian risk managers look forward to relaxed renewals but seek action on innovation
Asian risk managers can look forward to another year of competitive insurance market conditions and soft rates according to experts…
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Risk managers urged to work with HR on benefits and ERM
Risk managers need to become more involved with human resource (HR) departments to help achieve more cost-effective coverage and spread…
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Tread carefully and work with experts on global programmes advises Sharma
Risk managers need to go back to basics and closely evaluate risk appetite and tolerance levels when they asses their…
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Berkshire Hathaway enters Asian market and vows to stay for long haul
Asian risk managers were provided with another major new slug of top quality international insurance capacity this week as Berkshire…
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Airmic members turn to consultants for help on cyber risk: survey
A new Airmic survey has revealed a big jump in the use of external consultants by its members and a…
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EIOPA SII stress test positive for market but consolidation still likely
European risk managers will be pleased to hear that the European Insurance and Occupational Pensions Authority (EIOPA) this week announced…
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Cyber risks spell new danger for space industry
Cyber-attacks are of growing concern in the space sector and could be the next big emerging risk for satellite operators.
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Risk managers warned of ‘fear multiplier’ and $1.43tn GDP loss if Ebola spreads
An outbreak of Ebola in Europe and the US at the upper levels of current scientific projections could result in…
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AXA to become major player in Nigerian market via majority stake in Mansard
AXA is set to enter the Nigerian insurance market following its agreement to buy a majority stake in Mansard Insurance.
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UN backs 1-in-100 initiative to integrate natural disaster risk into financial system
The 1-in-100 disaster resilience initiative has been endorsed by the UN in a bid to better protect companies, cities and…
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EIOPA issues final set of SII rules to ensure consistency
The European Insurance and Occupational Pensions Authority (EIOPA) has issued its last set of rules for the implementation of Solvency…
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Corporate round-up
Beazley opens Dubai office to offer MENA solutions, ISO develops two new Ebola endorsements, Willis Re unveils Japan Tsunami model,…
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IRM names José Morago as its new chair
José Morago, Group Risk Director at Aviva, has taken over as chairman of the Institute of Risk Management (IRM) and…
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Q3 global rate reductions of 2.8% reveal increasingly soft market: Marsh
Global insurance rates fell by 2.8% in the third quarter of this year with reductions even more pronounced in Europe…
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Human rights risks increase for multinationals
Human rights risks continue to increase in a number of countries with Thailand and Turkey representing the biggest concern for…
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Threat of huge price hikes during aviation renewals tempered by excess capacity
Following a series of losses earlier this year aviation insurance renewals faced the threat of big price increases at the…
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Marsh agrees principles with major carrier to improve contract efficacy
Marsh has agreed a set of principles with a major carrier to help ensure that UK insurance contracts work more…
