Risk Specialty
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Terror threat remains high with pricing still competitive
Despite the war on terror the number of global terrorist attacks remains at historically high levels with the threat shifting…
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CRE’s Environmental Liability Directive report-click here
We bring you Commercial Risk Europe’s report on the Environmental Liability Directive (ELD), the newly introduced pan-European ‘polluter pays’ environmental…
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ELD’s stunted demand-Comment
Talk of the introduction of a compulsory insurance system for environmental liability, triggered by the introduction of the Environmental Liability…
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Supply chain risk management needs improvement says Zurich
Zurich Financial Services is unhappy with many companies supply chain risk management plans because a survey suggests that certain companies…
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Airline losses low in 2011 with market yet to reach bottom-Willis
With losses for the airline industry in the first half of this year low, pressure is mounting on insurers to…
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CBI prices up even though Japan losses still to filter through
The Japanese earthquake, tsunami, nuclear disaster and subsequent rolling blackouts have sent some companies in search of supply chain insurance.…
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Piracy still on the up and more bold than ever, but successful hijacks down
Piracy has continued to escalate in the first half of 2011, with Somali pirates, who are still the main perpetrators,…
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Willis offer innovative non-damage BI cover to ease buyer concern
Complaints by risk managers about a lack of policies to cover business interruption that occurs without a preceding property loss…
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EC to make its intentions on collective address clear by end of year
The Vice-President of the European Commission and EU Justice Commissioner Viviane Reding said this week that it is now a…
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Mandatory cover for environment still not needed—Bell
Compulsory insurance coverage for Europe’s companies to fix damage caused to the environment is both impractical and unnecessary according to…
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Environmental Civil Sanctions give regulators more freedom to act
The Environmental Civil Sanctions Order & Regulations 2010, which came into force in England and Wales in January of this…
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Chartis launches CII accredited EIL training for brokers
Chartis Insurance UK has launch of a suite of environmental training materials, accredited by the Chartered Insurance Institute (CII), predominantly…
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Global political violence rates likely to increase at Jan 1 renewals-ACE
Whilst rates for terrorism and political violence cover in distressed parts of the world such as Libya and Bahrain have…
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Belrim President calls for clarification on ELD from EU
Gaetan Lefevre, President of Belrim, the Belgian risk management association, has called on the European Union (EU) to provide urgent…
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CBI underwriters failing to price and reserve risk correctly says JLT
Highlighted by the recent Japan earthquake and subsequent Tsunami underwriters are failing to properly rate and reserve contingent business interruption…
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Deepwater’s Transocean and Macondo Well owners wrangle over insurance
The insurers of Transocean Ltd sunken Deepwater Horizon drilling rig have asked a federal judge to decide whether BP and…
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EU more risky than ever for chemical users
Chemicals have always posed a risk. Yet in the past few years they have become far riskier, in business terms,…
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UK EIL market slower than expected but demand set to rise: Underwriters
Environmental liability has been shoved up the corporate agenda recently in the UK following the transposition of the European Environmental…
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Spanish farmers lose millions from E. coli accusations
Spanish farm producers are suffering large losses following health authorities in Germany wrongly blaming Spanish cucumbers for being the cause…
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MARSH: Market has been slow to adapt to climate change
The recent slew of severe weather events and natural catastrophes has highlighted the need for better catastrophe risk management, according…