RM News
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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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European risk managers must be ready for a data breach
Awareness of the risk and the cost of data breach is well established in the U.S. and fast growing in…
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Reform of U.K. insurance contract law ‘some way off’, says Hertzell
The U.K.’s Law Commissioner for Commercial and Common Law, David Hertzell, believes that aspects of the current law that governs…
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Gauntlet thrown down to risk professionals by IRM’s Andrew Keeling
In the opening speech at this year’s Institute of Risk Management (IRM) conference in Keele, England, Andrew Keeling, the education…
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Energy risk an increasing concern to business
Energy risks are of increasing concern to business and are now rated as big a risk as health and safety,…
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New law sparks risk management education boom in Poland
Demand for risk management expertise is booming in Poland, as a law passed last year to make the adoption of…
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White Rock launches PCC operation in Isle of Man
White Rock, the company owned by Aon that manages Protected Cell Company (PCC) facilities in Gibraltar, Guernsey, Luxembourg, Malta and…
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Icelandic volcanic ash surprisingly not on risk radar says ISO’s Kevin Knight
Kevin W. Knight, Chair of the International Organization for Standardization (ISO) working group that developed the ISO 31000 risk management…
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FERMA gives mixed reception to partial block exemption regulation
The Federation of European Risk Management Associations (FERMA) has welcomed the adoption of the new European Union insurance block exemption…
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Non-executives need more risk oversight claims Moore at IRM
Further organisational crises are inevitable unless significant improvements are made to corporate culture, ethics and governance, Paul Moore, the whistleblower…
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IGREA prepares to add political role to fast-growing agenda
IGREA, the association of risk and insurance managers within Spain’s largest companies that was formed last year, plans to step…
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Commission and Parliament give assurance to buyers on Solvency II
Senior representatives of the European Parliament and Commission last week reassured insurance buyers that their concerns about Solvency II are…
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Mactavish’s Hepburn says worst is yet to come for Risk Managers
It is the beginning of the financial crisis for many risk and insurance managers who will experience a lag impact…
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Risk managers must improve board information, says broker
Risk managers must focus their efforts on the production of key pieces of management information and ensure that their risk…
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U.K. insurance buyers face disappointment over contract law reform
The U.K. Law Commission is unlikely to recommend the extension of the recent reform of insurance contract law that significantly…
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Contingents are on the agenda as U.S. risk managers gather in Boston
Contingent commissions will be one of the key topics discussed at this year’s annual Risk and Insurance Management Society (RIMS)…