Executive & D&O
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Some ratings to move as S&P changes criteria
Ratings agency Standard & Poor's has made important changes to the criteria used to calculate the financial strength ratings of…
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EC competition chief warns of rising risk of protectionism
Joaquín Almunia, Vice President of the European Commission responsible for Competition Policy, this week warned of the rising threat of…
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BrokersLink launches global employee benefits practice
Insurance broking network BrokersLink is looking to support international companies through a newly established Global Employee Benefits Practice Group, the…
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Time for action on tax-dodgers vows EC tax chief
The European Commission this week set up a Platform for Tax Good Governance which it said would monitor member states'…
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Latin American rules create non-admitted dilemmas
The wide variety of national insurance rules has become a nightmare for risk managers of international companies and one part…
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Insurers braced for flurry of financial crisis-based lawsuits
Insurers are bracing themselves for a flurry of lawsuits against financial institutions related to liabilities from the credit crunch and…
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Marketing hype from consultants hampers fight on financial crime
Efforts by the UK government and police to tackle financial crime are hampered by a lack of accurate data about…
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Moody’s sticks with negative outlook for German insurance market
Credit rating agency Moody's announced this week that its credit outlook on the German insurance industry over the next 12…
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Europe’s insurers call for clarity on Solvency II
Uncertainty surrounding the implementation of Solvency II, Europe’s planned capital adequacy and reporting regime for the insurance sector, was identified…
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Euro solution provides quick fix but basic long-term problems remain
The current solution to the euro crisis being thrashed out in Brussels will provide a short-term fix to the sovereign…
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Moody’s launches credit service for risk managers in emerging markets
Credit rating agency Moody's has launched a new credit research service that it says will help risk managers and investors…
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EIOPA still open to Solvency II rule changes for captives
Delays to Solvency II should be viewed as an opportunity to engage with regulators and EIOPA about the implementation of…
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Captives still in the dark over Solvency II
“Everything is still uncertain.” This is probably not what you want to hear at the start of a captive insurance…
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EIOPA must rescue overly ambitious SII warns KPMG
KPMG has warned that Solvency II has become too ambitious given its current deadline and called for greater guidance from…
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Global financial market risk falls despite economic woes
The threat of, and concern over, global financial market risk dropped substantially in the third quarter of this year to…
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Libor scandal to hit directors and officers market expert warns
As the Libor interbank lending scandal rumbles on, a leading professional lines expert has warned that some carriers of directors…
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Hedge funds buy more cover but not happy with claims management
Poor management and settlement of insurance claims remain a big worry for hedge fund managers, according to Baronsmead Partners, a…
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Sustainable policies boost risk management at financial firms says think tank
The integration of sustainable Corporate Social Responsibility (CSR) policies with risk management strategies can boost the ability of financial firms…
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Risk managers at financial institutions make board level breakthrough
Risk managers in the Financial Institutions sector across Europe, the Middle East and Africa (EMEA) have become more recognised and…
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Credit risk on the rise as Spanish economy struggles, says study
The deterioration of the Spanish economy is forcing companies to find flexible ways to deal with higher levels of credit…