Region
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Cat bonds top $20bn for first time
Aon Benfield has revealed that eight catastrophe bonds totaling $1.9bn were placed during Q4 of 2013 bringing the total limit…
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Income gap and fiscal crises biggest threat to global community: WEF
Income disparity between the world's richest and poorest people remains the most likely risk to cause global systemic damage over…
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Directive on non-financial reporting to hit European Parliament in March
Risk managers can expect to see the first reading of a proposed European Directive on non-financial reporting, designed to ensure…
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Rates down by up to 25% at 1 Jan renewals
Risk managers who access the reinsurance market to help transfer business risks will be buoyed by news that rates fell…
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2014: The year of risk management certification
Ferma will next month have a first draft prepared for each of the four pillars of its hopefully pan-European risk…
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ISO 31000 set to be keen focus for global risk community in 2014
Risk managers worried about their ability to keep up with the fast-changing set of reporting rules emanating from governments, regulators…
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Airmic eyes industry certification plans following failed chartered bid
The UK risk and insurance managers' association, Airmic, will look to other bodies' certification efforts after its bid to secure…
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Best practice, innovation and regulation top priorities for Airmic
Chris McGloin, Chairman of UK risk management association Airmic, has identified best practice, the need to help the insurance market…
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Limited $31bn nat cat damage in 2013
Natural catastrophes caused $31bn of insured losses in 2013, well below the ten-year global average of $56bn, according to Munich…
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Corporate round-up
Airmic set to expand technical team, FM names new leaders for Europe, Middle East and Asia Pac and Catlin launches…
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Carolyn Snow named new RIMS president
Carolyn Snow has been named as the new president of RIMS for the 2014 term of office.
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CRA December/January 2013/14
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CRE December 2013
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US risk managers state opposition to captive reinsurance tax
RIMS, the US risk management association, has thrown its weight behind insurers' efforts to stop the US government hitting the…
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2013 nat cat and man-made losses a modest $44bn
Insured losses from natural catastrophes and man-made disasters cost the global insurance industry $44bn in 2013 with flooding a major…
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Ferma challenged to drive risk management in Latin America
Luis San Juan, Client & Distribution Leader for Latin America at XL Group, has called on Ferma and national European…
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French non-life outlook remains stable – Fitch
The overall outlook for the French non-life insurance sector remains stable going into 2014 but the ratings outlook is negative,…
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Corporate round-up
AGCS names Ole Ohlmeyer as Austrian country manager, Swiss Re's CFO to leave for Zurich and Kiln appoints new head…
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‘Buyers’ energy market in 2014 says Marsh
The energy market looks set fair for buyers in 2014 with plentiful capacity likely to result in favourable pricing movement…
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Risk managers and rivals eye options as RSA crisis unfolds
Risk managers who have coverage placed with UK non-life insurance leader RSA will be watching developments at the troubled company…