Climate Change
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Corporate round-up
Newly launched Marsh Delta D&O to mitigate 'rising' management liability risks, ACE appoints new UK & Ireland environmental risk manager,…
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Solar activity and magnetic poles key to risk: Rogov
The modern risk management profession is currently going through an 'ideological crisis' according to a leading Russian risk management expert.
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Risk managers unprepared for major risks and underestimating others: Aon survey
Corporate risk managers are struggling to identify their major risks and are less prepared to manage them according to research…
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Proposed Dutch flood pool could provide breakthrough for commercial buyers
A proposed industry flood insurance pool in the Netherlands could prove to be a much needed breakthrough for commercial buyers,…
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IUMI supports effort to establish best practice Arctic exploration
The International Union of Marine Insurance (IUMI) has put its backing behind the draft Arctic Marine Best Practice Declaration that…
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French government announces strategy to mitigate pollution risks
The French government has launched a new strategy to boost the adoption of measures to mitigate pollution-related technological risks at…
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Mandatory EIL regimes could backfire warns broker as China introduces scheme
With pollution concerns leading to China's earlier than expected introduction of a compulsory environmental pollution liability regime, a leading broker…
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Multinationals on hook as mandatory environmental cover hits China
The purchase of environmental liability insurance is set to become mandatory for a number of industrial sectors in China as…
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Agers demands changes to Spain’s environmental liability law
Spain's risk management association, Agers, has proposed changes to the country's environmental liability law in order to make life easier…
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Brokers must raise environmental liability awareness: Italian expert
Awareness of the expanded risks faced under the EC Environmental Liability Directive (ELD) and other recent environmental rules is now…
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Offshore safety directive includes mandatory risk management and transfer
A provisional deal on proposed legislation for the safety of offshore oil and gas operations that was sparked by the…
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Buyers in the dark over misfiring ELD
As an EC-commissioned study finds that the Environmental Liability Directive (ELD) is failing to deliver on its promise and hold…
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Lack of ELD cases sees France seek alternative redress system
With no cases of environmental damage remediated under the Environmental Liability Directive (ELD) in France the country’s government appears ready…
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EC-commissioned study finds ELD struggling to make polluter pay
Preliminary findings of a study on the effectiveness of the Environmental Liability Directive (ELD) commissioned by the European Commission (EC)…
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Ferma says no to shared EU environmental liability fund
Ferma has come out strongly against the creation of a European fund to cover environmental liability losses that is currently…
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Insureds must beware unfavourable court action as Sandy claims play out
A leading lawyer has urged insureds to avoid litigation and settle the likely claims and coverage disputes arising from superstorm…
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Environmental risk climbs agenda but mitigation remains muted finds survey
Environmental issues are the number one emerging risk for mid-sized companies across Europe and a growing concern for all firms,…
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Corporate round-up
Willis rolls out all risk D&O cover in Asia Pacific
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Supply of environmental insurance to get boost in Argentina
A new set of policies to protect against environmental liability risks should hit the Argentinian market in the next couple…
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Russian companies ill-prepared for new environmental and reputational risks
Russian companies and risk managers will increasingly have to deal with environmental risks but many are not prepared to adequately…