Risk Management
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Captives under pressure
As debates continues as to the future role of captives, in light of the potential impacts of Solvency II and…
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First AIRMIC Casualty benchmark completes suite
AIRMIC unveiled the results of its first-ever benchmarking study into the Casualty insurance market at its conference this week, which…
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Business warned to maintain vigilance on terror risk
The last few years have seen a relative decline in terrorist attacks in the developed world, but the threat of…
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Last chance saloon for captive owners on Solvency II
FERMA has urged the owners of the 500–plus European captives to participate in the final consultation on the technical implementation…
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Spanish market broke too early on ELD deadline
Over the past three years, Spanish companies have been busy preparing to meet the tough requirements of a new environmental…
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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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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…
