All Risk News articles – Page 160
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Analysis
Willis signs deal to buy 85% stake in broker Miller
Two firms combine specialty and wholesale businesses to form standalone legal entity and separate Lloyd’s broker
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Business innovation in the EU at its lowest for at least six years
EU figures reveal country-by-country innovation levels, with less than half of total EU firms cowing innovative activity
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Analysis
KPMG on why India’s FDI limit hike spells insurance growth
Firm calls for quick action by foreign insurers
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Analysis
Freezing weather resulted in an estimated gross loss of €129,000 for business – FM Global
Thomas Roche, Northern Europe operations vice-president, outlines top five steps against freeze damage
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Analysis
Allianz launches 2015 scholarship programme
Training programme will provide places for 50 brokers in commercial and personal lines
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Analysis
Willis Aerospace boss promoted to chief broking officer of new GB unit
Philip Smaje will be responsible for driving broking strategy
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Analysis
Potential changes to Pool Re costs and rules on kidnap and ransom on the horizon
Two terror-related rule changes emanating from the UK have put corporate property owners and those using London’s kidnap and ransom market on notice
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Airmic on the search for a new technical director – application deadline 13 February
After more than eight years in the post, Paul Hopkin is to leave his position as technical director in April
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Analysis
Paris terror attacks a warning of rising geopolitical risks
The spread of political and ideological violence is expected to continue and the latest attacks are a warning that the risk is a global threat
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Analysis
The biggest threat to the stability of the world is international conflict
The risk is more likely to surface than extreme weather events and is the fourth most serious risk in terms of consequences
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Analysis
How falling oil prices will affect insurers
Falling global oil prices could affect insurance rates and cause an exodus of expatriate staff from Middle Eastern insurers, warns A.M. Best
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Analysis
Reputation, cyber and business interruption risks top AGCS’s risk barometer
Loss of reputation and brand value and cyber crime have both leapt up the risk table to second and third place respectively, after business interruption
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Analysis
AGCS hires crisis management expert in a bid to boost global liability team
Christof Bentele takes on the role of head of crisis management with aim to develop new products in recall and contamination, terrorism andpolitical violence
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EU introduces new rules for cross-border judgments
Savings in the EU could reach €48m or up to €2,000-€3,000 in individual cases
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Analysis
European insurers paid out €952bn in claims in 2013
Figures from Insurance Europe found that insurers paid out an average €2.6bn per day to individuals and businesses
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Analysis
Insurers liable to pay €84,000 to each victim of downed AirAsia flight
The Indonesian financial services authority said insurers are liable by law to pay out compensation
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TTIP legal texts published as part of transparency initiative
Texts set out binding commitments the EU wants to see in respect of regulatory and rules issues
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Analysis
“Even the best strategies may not be enough to retain Generation Y”: Sean Mooney on the perils of people risk
Sean Mooney on the perils of people risk in the Asia-Pacific region
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EU creates single rulebook for the resolution of failing banks
Rules harmonise and improve the tools for dealing with bank crises