All Regions articles – Page 14
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Risk managers worried by impact of Solvency II
Insurers say they will have to raise premiums by 50% in some lines under new regime
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Interviews
Contingents: What the ‘big three’ say
No return to contingent commissions StrategicRISK is told
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Interviews
Behavioural biases
A new report attempts to chart the behavioural biases and gut instincts that affect people’s risk decisions
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Interviews
British sovereignty not threatened in Falklands
A local political risk analyst answers our questions about the Falklands oil situation
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Plumeri interview
Transcript of an interview StrategicRISK conducted with Willis chief Joe Plumeri
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Plumeri urges “buyer revolt” on contingents
Willis chief tells StrategicRISK that buyers should drive contingents out of the industry by voting with their feet
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Insurance does not give rise to systemic risk
Insurance has proved to be a source of stability during the financial crisis, claims Swiss think tank
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Analysis
Falkland oil assets at risk in run up to Argentine elections
Drilling in the Falklands has sparked tensions and a populist decree poses confiscation risks to oil firms and cargo vessels
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Companies could be hit with “severe penalties” for manslaughter
Warning follows the introduction of sentencing guidelines for the Corporate Manslaughter Act
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Chartis creates new captive group
Objective is to provide client's with a single point of contact for captive issues
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UK insolvencies drop to lowest since 2007
Financial strength of businesses has improved 8% year on year
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Interviews
RIMS dismayed at return to contingent commissions
New York’s Insurance Department has followed Illinois’ lead and reinstated contingent commissions. This is not in the best interest of consumers, said RIMS
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Interviews
Ferma demands transparency from Europe’s brokers
Peter Den Dekker, head of Europe's insurance buyer association, said the request was received "positively"
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Interviews
RIMS objects to “diminished” broker transparency rule
Asks for additional 30 days of consultation
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Interviews
New York regulator releases broker transparency rule
No requirement for mandatory full disclosure, but brokers oppose “overly burdensome” rules
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Interviews
Brokers file suit to stop transparency regulation
The new rule requires brokers to tell clients how they are getting paid
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Five killed in Connecticut plant explosion
Explosion was the result of a gas leak that occurred while testing lines
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Political interference greatest risk to banks
‘Banana Skins’ poll identifies top threats to banks