Executive & D&O
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Corporate round-up
Beazley opens Dubai office to offer MENA solutions, ISO develops two new Ebola endorsements, Willis Re unveils Japan Tsunami model,…
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European and global financial risks grow but experts say threat to business overhyped
While economic and financial market volatility has increased over recent months the extent of the risks may have been overstated,…
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Corporate round-up
XL restructures casualty risk engineering team, AGCS appoints Crabtree as UK head of product development for financial lines and Marsh…
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Corporate round-up
AGCS moves into Peruvian reinsurance market, ACE launches new PI solutions for media risks, Marsh makes key UK appointments to…
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Corporate round-up
Fredrik Motzfeldt joins Willis as broker names TMT leaders in Europe and US, ACE appoints claims manager for Nordics, Equinox…
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Corporate round-up
Willis appoints Jeroen Everling as Netherlands CEO, Lancashire in London appoints Paul Gregory as CEO and Hayley Johnston as CUO,…
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GCC banking regulators defend record on corporate governance
Banking supervisors in the Gulf Cooperation Council (GCC) have defended the level of corporate governance and performance of risk managers…
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Global sanctions causing headaches for risk managers at Middle East banks
Financial institutions in the Middle East are facing increasing challenges to comply with, implement and monitor global sanctions.
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EC agrees measures to deter market abuse
The European Parliament and Council yesterday agreed, in principle, updated rules for financial instrument markets (Markets in Financial Instruments Directive…
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Corporate round-up
JLT acquires South African employee benefits broker, ACE launches enhanced export liability cover in continental Europe, AGCS makes financial lines…
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FSB calls for US federal insurance supervision
Completing its review of US financial services regulation, the Financial Stability Board (FSB) has recommended that the US authorities move…
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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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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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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…
