Supply Chain
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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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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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Political violence, strikes and war added to terror as main threats to continuity—Aon
Aon has added acts of political violence, strikes and war to its annually produced and popular political risk map that…
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Japan quake shows traditional BI cover no longer sufficient for supply chain risk
Restrictive cover and limits placed on traditional business interruption insurance mean the product is no longer sufficient, as shown by…
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Take time for reflection-Comment
The news of the death of Osama Bin Laden, former head of Al-Qaeda, so soon after the wave of political…
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Willis warns of coverage gaps following recent political turmoil
Insurance buyers may soon find that they are unable to retain sufficient insurance coverage for risks in politically charged regions…
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Czech risk managers and brokers look to adopt transparency protocol
ASPAR CZ, the Czech risk management association, is in the midst of discussions with the country’s broker association on adopting…
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US food safety law increases product recall risk for EU firms
A recently passed US food safety law will increase the frequency and severity of recalls of food products in the…
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Non-property damage business interruption offer not popular-Allianz
Allianz Global Corporate and Specialty (AGCS), Allianz’s industrial insurer, has prepared a new concept to cover business interruption without a…
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EU beefs up food safety to limit Japanese nuclear risk
The European Union has imposed import controls on food and animal feed from areas of Japan potentially affected by the…
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$300bn Japanese disaster to cause severe supply chain disruption
Multinational companies that rely on Japanese manufacturers for parts and services need to prepare for a global supply chain disruption…
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German industry hit by events in Japan but credit insurers help minimise loss
The natural catastrophes in Japan have impacted upon German industry, with a number of German companies forced to reduce operations…
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Spanish transportation risk on the rise as cover becomes hard to find
A mix of the economic crisis, regulatory changes, international political instability and natural catastrophes has highlighted the increasing risk exposure…
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Rhine spillage hits ship owners and industry
With the Rhine still closed to ships travelling downriver companies and ship owners alike have been hit with business interruption…
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UK government to review Bribery Act as business fears mount
Most UK risk managers will be relieved to hear that the UK government has confirmed that it has ordered a…
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Rise in UK inflation highlights WEF’s commodity price risk concerns
An unexpected rise in the UK’s inflation figure on the back of energy and fuel price hikes has brought into…
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Security chiefs focus on risks posed by emerging markets
Multinational companies will have to deal with an increasing volume of security risks as they look for growth in emerging…
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EU Forum meets to help boost food sector
The first meeting of the High Level Forum for a Better Functioning Food Supply Chain took place on Tuesday. It…
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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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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…
