Risk Management
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Private firms could fall under UK Corporate Governance Code as consultation launched
The UK government is seeking views on how to improve corporate governance and is considering extending its current standards and…
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P&I clubs urged to reduce insurance costs for ship owners
Ahead of the annual P&I renewal in February, brokers are calling on protection and indemnity (P&I) clubs to support the…
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UK risk and insurance managers’ pay falls, finds Airmic survey
The average pay of UK risk and insurance managers has fallen over the last two years across nearly all age…
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Latin America riskiest region for violent crime
The Latin American region carries the highest risk of violent crime, according to Verisk Maplecroft's Criminality Index.
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Executive liability rising, warns AGCS
Company boards and executives are increasingly at risk from new liabilities and an anti-corporate litigation culture, warns Allianz Global Corporate…
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Corporate round-up
Sompo Canopius CEO Stuart Davies steps down, AEGIS appoints risk experts to board and Aviation underwriter Bayman returns to Chubb.
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Buyers and sellers bemoan 2% UK IPT rise amid fears of more to come
Insurance buyers and their risk transfer partners have criticised the UK government's decision to raise Insurance Premium Tax (IPT) to…
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Political contagion a key risk for Europe: Swiss Re
Economists at Swiss Re have highlighted the risk of political contagion in Europe and growing protectionism, while predicting a slight…
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Concern over European business travel risk jumps
Concern over business travel security risks has been growing fastest among European corporates but may be overplayed, according to research…
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Cyber defences exposing business to attack: survey
Businesses around the world have failed to improve their cyber defences over the past two years, according to research from…
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New rules and regs tackle UK personal injury claims
The UK personal injury risk landscape is set for reform after proposed changes from government.
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SMEs admit cyber protection weakness
SMEs are growing increasingly aware of cyber risk but fear their defence mechanisms have weakened, according to Zurich Insurance Group's…
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Labuan to reposition and boost financial centre
The Labuan International Business and Financial Centre (IBFC) is to carry out a review of how it can reposition itself. Malaysia’s…
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Japan’s captive insurance industry poised for growth
Despite having one of the largest commercial insurance markets in the world, Japan’s captive insurance industry remains underutilised, according to AM…
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Guernsey announces licence fee rate
The Guernsey Financial Services Commission has confirmed that it will apply a blended rate increase of 2%, including anomalies, to…
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Webinar highlights Brexit concerns for captives
Brexit is likely to create significant problems for captives with EU exposures, especially if the UK loses passporting rights or…
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Cayman sees strong growth in 2016 so far
The Cayman Islands has seen 10 new formations during the period July 1, 2016 to September 30, 2016. The total number…
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Guidance on US PATH Act compliance
Delaware Insurance Commissioner Karen Weldin Stewart has issued a bulletin which provides guidance to make it easier for captive insurers…
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UK Corp Gov Code guidance making difference to boards and risk managers
The Financial Reporting Council's (FRC's) latest guidance on the UK's Corporate Governance Code is helping boards better manage risk and…
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Global trade and climate agreement under pressure after Trump vote
Trade relations and the future of the Paris climate change agreement are two of the main areas likely to trouble…