Risk Specialty
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Commission should leave cover for ELD risks to market forces-expert says
Following a recent report from the European Commission on the Environmental Liability Directive (ELD) that suggests it is considering intervention…
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German buyers relaxed about terror threat and Extremus renewal
A waves of resentment was felt in German political and business circles at the beginning of October, when the US…
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Product safety top of bill in EC-China talks
EU Health and Consumer Policy Commissioner, John Dalli, has placed product safety top of his agenda in a series of…
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Commission looks to beef up ELD as Hungary counts cost of toxic disaster
A recent report from the European Commission suggests that it is looking to beef up the Environmental Liability Directive [ELD]…
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Algerian ruling sparks renewed Spanish energy security fears
A controversy over the price of gas imported from Algeria has revived fears in Spain about the security of energy…
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Somali pirates extend scope of attacks
Somali pirates have continued to expand the scope of their attacks in the first nine months of 2010 and for…
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UK flood spend set to increase despite budget cut for DEFRA
Despite an 8% budget cut for the UK's Department for Environment, Food and Rural Affairs, announced in its governments spending…
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No hard market on the horizon–Bowring Marsh
Global property and casualty rates show no sign of hardening and, barring a major loss, are expected to remain soft…
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P&I clubs weather stormy conditions
Barring any external factors of 'seismic proportions', market conditions are likely to restrict any general premium increase at the February…
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ELD to ‘bare its teeth’ in Hungarian toxic spillage
The disaster in Hungary, which has seen toxic sludge escape from a reservoir in the city of Ajka, should serve…
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World’s top 3,000 companies caused over $2tn environmental damage in 2008
A new United Nations-backed study has estimated that the world’s top 3,000 companies by market capitalisation caused some $2.15tn of…
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Liability set to expand in Europe despite recent caution
Europe is moving ‘inexorably’ towards an increase in the breadth of legal liability and levels of compensation, along with a…
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FERMA study reveals concerns over Solvency II and emerging risks
European insurance buyers are comfortable with current pricing levels but do have concerns over the market hardening, the impact of…
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FERMA says EU Company Law Directive opportunity for profession
FERMA this week launched a guide for non-executive and executive board directors to help them comply with the risk management…
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Airlines fleet values rising as confidence returns
Airlines predict a 13% increase in passenger numbers in 2011 compared to a predicted 9% fall at the same point…
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New security challenge for gas market risk managers
Risk managers with Europe’s gas companies face a further significant addition to their workloads following the move by the European…
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Munich Re takes centre stage in Monte Carlo with oil rig plan
Munich Re announced an ambitious plan during the Monte Carlo reinsurance market Rendez-Vous to open talks with the US government…
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Liability to expand in Europe despite recent caution
The breadth of legal liability and levels of compensation across Europe are likely to increase in due course, along with…
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New EU rules will ‘name and shame’ less safe shipping companies
The European Commission has adopted new rules to enhance and improve the safety performance of ships, which will include the…
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Chinese companies must up risk game–Marsh
Chinese companies that expand into Europe face an entirely different regulatory and business environment that means they must pay closer…