Risk Management
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Global governance systems lack capacity to deal with global risks-WEF report
The world is currently not in a position to face new and major shocks as the amplified frequency and severity…
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Geneva Association to tackle ‘key issues’ of regulation and financial stability
The Geneva Association’s Secretary General has highlighted regulation and financial stability as two key short-term issues facing the insurance industry…
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AMRAE steps up focus on increased HR risks
The French risk management association is working to increase awareness of growing human resource risks and highlight the advantages of…
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UK corporates believe severity and variety of risks on the increase
Mid-sized corporations in the UK believe that they are exposed to more risks than five years ago and that those…
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French risk managers are unhappy with insurers
French risk managers are less happy with their insurers and brokers than their European peers. That was one of the…
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Post crisis expansion poses new risks for German risk managers
After the financial crisis, German industry is booming, and enterprises are looking to expand beyond domestic borders. But insurance is…
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Emerging markets growth sparks fresh security fears
A gathering of top corporate security chiefs in Paris agreed that risks posed by expansion into emerging markets by European…
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SIRM delegates told don’t ignore climate change
Switzerland is already more affected than many other European countries by climate change because of its melting glaciers. But the…
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It is the best of times…comment
As the year draws to a close, thankfully the one thing that Europe’s risk and insurance managers do not have…
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Risk awareness rising in Italy… …but ERM not quite there
The profile of risk management has been raised in most Italian companies but there is still some way to go…
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The time is now-Spain
There is a sharp focus on risk management in both the Spanish and Portuguese economies as they struggle to pull…
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Managing la fronde-France
This year’s Risk Frontiers French roundtable took place in Paris during a time of great drama as French workers and…
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Bribery Act will stifle UK firms abroad: IRM
Experts gathered at the Institute of Risk Management’s Risk Leaders’ Conference last month warned that the UK’s new Bribery Act…
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German buyers say Solvency II may reduce reinsurance spend
Risk managers of leading German companies believe Solvency II may cause problems for reinsurers, as consolidation amongst primary companies will…
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Pressure on rates set to rise as insurer margins tighten predicts Swiss Re
Swiss Re's economists have warned that insurers’ profits will be under pressure, amidst weak investment returns, and that a correction…
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Piracy shifts to Indian Ocean and east coast of Africa
The last three months has seen pirate activity shift from the Gulf of Aden to the Indian Ocean and along…
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Defaults may rise again in 2012 as insurance industry remains in ‘nervous state’
European corporate default rates are expected to fall modestly during 2011, but may rise again from 2012 in the face…
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Expert claims captive costs could rise almost four times following Solvency II
A leading European captive manager has calculated that the average cost of capital for its captives under management will rise…
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DIMA says Irish captives should escape sovereign fall out
DIMA, the representative body for the international re/insurance industry in Ireland, has welcomed confirmation from credit rating agency Standard &…
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FERMA applies to join EIOPA’s advisory group
FERMA this week confirmed to Commercial Risk Europe that it will apply to be a member of the 30-strong formal…