Executive & D&O
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BI and economic risks top agenda finds AGCS survey
Economic risks and business interruptions are increasingly becoming a serious threat for many companies according to a survey carried out…
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US insurance leaders believe recovery underway, Deloitte not so sure
US insurance company leaders believe the worst of the financial crisis is over and that the industry is now in…
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World Economic Forum says socioeconomic risks now top agenda
The world has seen a shift of concern from environmental risks to socioeconomic risks in the past year, according to…
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Political, credit and security cover buyers can expect softening market in 2012—JLT
Market conditions are improving for buyers of credit, political and security risks (CPS) insurance as high capacity, falling business volumes…
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Insurer M&A activity will continue to increase in 2012
On-going regulatory changes to capital requirements in the US and Europe, as well as volatility in Europe, will continue to…
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Plentiful capacity for global insurance market in 2012
The good news for insurance buyers in 2012 is that capacity in the global insurance market remains plentiful and across-the-board…
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Groupama raises €300m to boost finances as Solvency II delayed again
It seems that insurers and captive owners will have to wait even longer for clarity on the exact requirements of…
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Solvency II and capacity top European risk managers’ fears finds survey
Fast-growing global specialty insurer Torus, that only this week announced an agreement to acquire the continental European business of CV…
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China offers bigger supply chain risk than Japan as insurers continue to eye opportunities
Reports from PwC and Aon Benfield published this week underline the huge potential of the Chinese insurance market but also…
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Corporate Round Up
Torus expands again with Starr renewal deal, AXA top management changes and Swiss Re’s economic forecast for insurers
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Airmic casualty benchmarking survey reveals buyers’ concerns
Global casualty insurance programmes have felt little impact from global economic and political uncertainty, according to the second annual casualty…
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Bernardino urges caution on proportionality under Solvency II
Gabriel Bernardino, Chairman of the European Insurance and Occupational Pensions Supervisory Authority (EIOPA), yesterday poured cold water on the idea…
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High cats and low investment yields key to market conditions
A rising ‘tsunami’ driven by a combination of low asset yields and high catastrophe losses suffered by the leading insurers…
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The best of both worlds-new IRM course
The Institute of Risk Management has launched a new international qualification in risk management aimed at the world of financial…
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IRM launches new qualification in risk management for financial services
The Institute of Risk Management is launching a new international qualification in risk management aimed at the world of financial…
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Proposed Spanish law may restrict D&O coverages
Spanish companies might have their option to buy civil liability protection for managers restricted as the new Insurance Contract Act,…
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UK Bribery Act concerns financial institutions experts
Underwriters and claims professionals gathered at a Clyde & Co seminar cited the recently passed Bribery Act as the piece…
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EU corporate governance reform announced
The European Commission said last week that it is considering an overhaul of corporate governance rules for financial institutions, according…
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Bruton to head IFSC as Ireland maps financial recovery
Ireland’s international financial services industry last week announced its intention to create the role of Chairman of IFSC Ireland, the…
