Risk Management
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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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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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Corporate ethics critical for true risk management
Risk experts at IRM conference agree that ethics should not be dumped in the dustbin of history. Tony Dowding reports.
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Prepare for bigger volcanoes-Comment
Tony Dowding finds risk management in action as the IRM rapidly reorganises as Volcanic ash brings Europe’s airports to a…
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Risk managers warned not to lose focus as ERM gains ground
ERM is becoming the norm in Sweden and risk managers should not have to constantly prove its value. Ben Norris…
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Improve communication or risk isolation, experts warn delegates
Risk managers must learn how to communicate effectively if their true value is to be realised by employers argued a…
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Role of risk manager, social responsibility and climate change tackled at SWERMA
Charlotte Barnekow, Chairwoman of Sweden’s risk management association, told Adrian Ladbury about the key debate at this year’s conference and…
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Run off from Solvency II?
Insurance buyers in Europe are worried that Solvency II will drive capacity out of their core industrial insurance lines. Derek…
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Bermuda market intensifies campaign for equivalence
European insurance and reinsurance buyers should support an effort by the Bermuda market to gain equivalent status under Solvency II…
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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…