RM News
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Risk management blossoming in Turkey
ERMA, the Turkish risk management association, was only founded last April but already the group has many of the country’s…
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Risk Governance Deficits report identifies ‘weak spots’ for corporates
Tony Dowding discusses the latest report from the International Risk Governance Council that provides a tool to assess, evaluate and…
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Banks and corporates urged to learn same lessons from crisis
Tendency among risk managers in financial firms and corporates to think and talk differently about operational risk does not help,…
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RIMS ‘pleased’ with Marsh announcement on contingents as debate builds in Europe
RIMS, the U.S. risk management association, has announced that it is ‘pleased’ that broker Marsh has decided not to accept…
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Solvency II will kill soft market and slam captives warn carriers
Swiss insurance buyers agree with colleagues around Europe that pricing conditions for their core lines will remain stable for the…
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S&P launches benchmark system to help insurance buyers compare performance
Credit rating agency Standard & Poor’s Risk Solutions is launching a series of Insurer Performance Benchmarks (IPBs) that begins with…
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AIRMIC warns Commission Solvency II ‘out of all proportion’
AIRMIC, the U.K. insurance and risk managers association, has added its weight to the growing opposition to Solvency II, Europe’s…
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IRM and NORIMA confirm education initiative
The Institute of Risk Management and the Norwegian Risk Management Association, NORIMA, have announced a joint education initiative whereby NORIMA…
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Alarm and IRM Team up on Risk Event
Alarm, the U.K. public risk management association, has entered into a joint initiative with the IRM in Northern Ireland to…
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Non-life rates could rise by up to 20% because of tougher Solvency rules says CEA
Pressure on the architects of Solvency II, Europe’s planned new capital adequacy regime for the insurance sector, to relax recently…
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Association calls for automatic disclosure for Dutch brokers
The Dutch insurers’ association, the Verbond van Verzekeraars (NVV), has published a position paper on broker remuneration that calls for…
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Russian insurance buyers may benefit from tougher licensing rules
The Russian parliament has proposed tighter licensing and merger regulations for the country's insurance industry, according to news agency Reuters.
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Insurers and buyers fear rash E.C. decision on mandatory environmental coverage
A European Commission report on the efficiency of the Environmental Liability Directives (ELD) is due next month and could recommend…
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U.K. exporters unfairly suffer from lack of cover and government backing
Exporters in the U.K. are suffering from an “unfair playing field” when competing with European and global competitors as its…
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Don’t let the politicians pass the ELD buck – Comment
There is no bigger supporter of cross-border efforts to try and save the environment from man’s rapacious appetite for natural…
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Flat market for corporate business forecast by major European carriers
During a series of interviews carried out with a group of executives from Europe’s leading industrial insurance carriers just before…
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WEF report warns of threat from ‘creeping risks’
Risk managers should read the annual Global Risks report published by the World Economic Forum as it contains some important…
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Reinsurers edge forward as few cats and solid capital levels force flat renewals
Insurance buyers should be pleased to see that the reinsurers suffered a flat year end renewal as competition remained high,…
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RMIA outsources operations to ANZIIF to focus on growth
Australia’s risk management association has decided to relieve itself of administration but says the decision was made to improve services…
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New risks, new world
The French risk and insurance management profession set a big challenge for themselves and insurers during this year’s AMRAE conference…