Risk Management
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AIRMIC grows on back of eventful year
Paul Howard concludes his year as Chairman of AIRMIC at its conference in Manchester this month. The J. Sainsbury’s Risk…
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Malta responds to Solvency II’s threat to its captive business
The Maltese captive management community is as threatened by Solvency II as any other in Europe. But, they believe that…
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Beyond the crisis–lessons learned
A group of insurance company leaders and risk managers debated the key lessons to be learned from the recent economic…
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First Environmental Liability Directive cases from European Court of Justice
On 9 March, in its first rulings on the Environmental Liability Directive (ELD), the European Court of Justice (ECJ) concluded…
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Crisis boosts interest in training among U.K. risk managers
Ahead of this month’s AIRMIC conference, Ben Norris talked to CEO John Hurrell about the U.K. risk management association’s latest…
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IRM welcomes sharper focus on risk in revised U.K. Code
The Institute of Risk Management (IRM) has welcomed the sharper focus on the ‘proper management of risk’ included in the…
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Big sister likely to erupt in short term
Experts at the UCL Institute for Risk and Disaster (IRDR) have said that there is a ‘strong possibility’ that the…
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Risk managers told to brace for busy hurricane season
The U.S. National Oceanic and Atmospheric Administration (NOAA) has added to the rising volume of forecasts of a particularly busy…
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Fiscal and regulatory pressure builds on captive owners
Captive owners in the U.K. face a probable effort by the new government to raise insurance premium tax according to…
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AIRMIC prepares to tackle ‘unfair’ disclosure rules with market
AIRMIC has opened talks with the insurance market to address concerns that the current law that governs disclosure in the…
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Rates must harden or margins will suffer, warn top insurers
The insurance industry weathered the recent financial and economic storm better than most and has posted another set of healthy…
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Swiss Re says risk manager should be last line of defence
Insurance risk managers should be used as an independent line of defence to help ensure that the risk-reward balance is…
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FM Global announces major evolution of its fire protection standards
FM Global has rolled out what it describes as ‘important’ modifications to its fire protection standards with the introduction of…
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Quality of risk presentation top priority for buyers claims broker
The quality of an insurance buyer’s presentation of risk information is crucial for them to obtain the most competitive terms…
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Raising the professional bar
Carolyn Williams, Head of Thought Leadership at the Institute of Risk Management (IRM), told Ben Norris, about the importance of…
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DVS to tackle emerging risks with insurance market
The apparent inability of the industrial insurance market to react to so-called emerging risks with innovative new covers was a…
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Standard terms given green light from the European Commission
E.C. guidelines on horizontal competition will allow standard policy conditions so long as they are transparent, open and non-binding.
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Claims up but cover bought down in financial lines claims broker
European financial institutions are buying less insurance or decreasing their sums insured in an effort to reduce costs, despite an…
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BSI adopts ISO 31000 and provides guidance
The British Standards Institute (BSI) has adopted the ISO 31000 Risk Management: Principles and guidelines, the international standard, into its…
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IRM Global Risk Management Professional Development Forum-Full Report
Following the Institute of Risk Management's Global Risk Management Professional Development Forum, held last month in Keele, Staffordshire, Commercial Risk…