Risk Specialty
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New map highlights 2014’s geopolitical risks
Paris-based consultancy Groupe Geos has warned European companies of growing geopolitical risks in key emerging markets and released a security…
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Corporate round-up
ACE appoints Hofman-Bang as casualty manager in Denmark and Howden opens Dutch marine unit.
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Class actions arrive in France but unlikely to spark mass claims for now
The introduction of class actions in France may increase reputational risk for companies but is unlikely to result in the…
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Lack of cyber cover putting managers at risk warns insurer
The refusal of many German companies to fully acknowledge cyber risks and buy respective cover may have serious consequences for…
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IRM offers cyber risk guidance as survey finds risk managers ill prepared
Many companies are failing to adequately protect themselves against the threat of cyber criminals with over 70% of risk managers…
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Emerging markets face increased political risk in 2014
Changing economic fortunes and social upheaval are expected to cause increased levels of political risk in emerging markets during 2014…
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Supply chain is more a risk than asset: survey
Some 80% of supply chain managers do not see their supply chain as an enabler of business strategies within their…
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Corporate round-up
ACE increases environmental capacity by $20m, ACE appoints Nick Lee as Head of Client Management, UK & Ireland and Energy…
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Munich Re calls for more transparency on CBI risks
German reinsurance giant Munich Re will continue to demand greater transparency of supply chain risks that trigger contingent business interruption…
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Western and emerging market political violence and terrorism risk gap widens
Political violence and terrorism risk is growing in emerging markets, but falling in the US, Europe and parts of the…
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Corporate round-up
ACE appoints new international Terrorism and Political Violence Underwriter, ORIC names Michael Sicsic as Chairman and Clements Worldwide makes key…
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Cyber cover in Germany an issue for medium-sized firms
Although cyber insurance is now available for a broad range of companies in Germany, medium-sized firms can still struggle to…
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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
Argo International launches new EIL product, International SOS launches travel risk mitigation framework and Howden makes senior aviation appointments.
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Piracy falls to six year low as Somali threat dissipates
Piracy at sea fell again in 2013 reaching its lowest level for six years on the back of reduced activity…
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‘Buyers’ energy market in 2014 says Marsh
The energy market looks set fair for buyers in 2014 with plentiful capacity likely to result in favourable pricing movement…
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Innovative solutions cover reputation risk in supply chain
Supply chain insurance solutions, including protection against reputational damage, are becoming more sophisticated with insurers taking a more pragmatic approach…
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Global environmental risk on the rise
The level of environmental risk facing multinational companies continues to grow with China, perhaps surprisingly, a potential hotspot, Karl Russek,…
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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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Fears over cybercrime rising among EU consumers
Internet users in the EU are very concerned about cyber security, according to a Eurobarometer survey published last week.