Risk Management
Insurance Europe calls for amendments to IASB accounting rules
Insurance Europe has welcomed revised proposals from the International Accounting Standards Board to account for insurance contracts but has asked for further amendments to achieve "a workable accounting standard".
Airmic unveils warranties guide to boost buyers’ confidence
Airmic, the Association of Insurance Risk Managers in Industry and Commerce, has published a warranties guide to help boost buyers’ confidence that big claims will be paid.
Post Magazine - 24 October 2013
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Expertise in Action: Broker: Fully customised
A tailor-made risk management proposition provides the best result for clients, brokers and insurers alike.
MAST security training courses receive government approval
The Department of Transport’s Maritime & Coastguard Agency has approved three new training courses from security specialist Maritime Asset Security and Training.
IAIS targets global risk-based capital standard by 2016
The International Association of Insurance Supervisors plans to develop a risk based global insurance capital standard by 2016.
Ferma 2013: Ferma members agree to competence certification
The Federation of European Risk Management Associations and the presidents of its member associations have agreed in principle to create a European certificate of professional competence for risk managers.
Ferma 2013: Insurance industry must become forward facing
The insurance industry must stop looking backwards when faced with new risks, according to XL Group chief executive Mike McGavick.
RSA acquires specialist risk engineering team from Elciem
RSA has acquired a seven-strong specialist risk engineering team from independent consultancy Elciem, taking its total number of risk engineers to 200.
Risk managers feeling pressure of complex environment
Europe’s risk managers are being challenged to find innovative and cost-effective solutions to cross-border, complex risks but are not necessarily being given budget increases to do so, according to findings from the 2013 Risk Frontiers European Survey.
Expertise in Action: Technology: Open to attack
Despite several high-profile cyber attacks on major corporations, the insurance industry is still behind the times when it comes to cyber liability. How can it catch up?
MAST supports UK Marine Framework for unexploded weaponry
Maritime Asset Security and Training is helping the Construction Industry Research and Information Association to develop a risk management framework for dealing with Unexploded Ordnance in the near-shore and offshore environment.
SME confidence in recovery doubles as perceived risk falls
Business confidence that the economic climate will improve this financial quarter has almost doubled to 38% up from 20% last quarter; while the perceived level of business risk faced by SMEs has fallen from 44.55 to 43.41 points, Zurich’s SME Risk Index…
Technology: If the cap fits...
Will you build or buy your new reinsurance IT system? Kevin Richmond explores some of the recent advances and key considerations in the perennial resourcing debate.
Risk management: Understanding risk
The difference between insurers and banks is being increasingly ignored and Adrian Brown says this is making risk management even more important.
Lloyd's outlines two-year strategy
Maintaining and developing the attractiveness of the Lloyd’s market are the central themes to a review published today by Lloyd’s.