This is part two of an in-depth look at the European Environmental Liability Directive (ELD).
In part one we focused on the legislation itself, the new exposures created, the role of pressure groups, the international perspective in terms of environmental regulation and its impact on the environmental impairment liability (EIL) market.
In this report, we focus on the views of risk managers and brokers, looking at the impact of the ELD, EIL exposures, claims and the management of environmental risk.
We also look at the latest news to come out of the European Commission, consider the fact the ELD appears yet to achieve its aims and eye potential changes to the Directive up ahead.
This Technical Briefing on risk management information systems, sponsored by Aon eSolutions, aims to inform risk managers of the various services, systems and tools available to them and highlight the trends in how companies are currently using these tools.
The report also identifies, through interviews with leading risk managers, how these specialist systems can be integrated into a company’s wider IT infrastructure and how they can be used to report risk information to senior management and other departments and business lines.
Furthermore the report examines how the greater use of risk management information systems can be used to more efficiently transfer risk to the insurance market and how underwriters and brokers can play their part in ensuring an effective bilateral exchange of information—from an aggregated view of policy details to a realtime benchmarking analysis of market rates.
Despite the recent political turbulence caused by the Arab Spring, European and international firms are still very attracted to opportunities across the Middle East and North Africa (MENA) and the Gulf Cooperation Council (GCC) region in particular as they seek growth opportunities away from dormant markets closer to home.
This report, sponsored by Zurich, will hopefully help CRE readers with existing or potential interests in the region navigate their way through this highly attractive but complex risk environment.
Latin America has recently become one of the most popular destinations for European and international companies in the search for growth as domestic and traditional markets struggle to deliver adequate demand.
This report, the second in a series of three sponsored by Zurich, emphasises the opportunities and risks for the risk and insurance managers that are tasked with the job of risk managing this expansion.
South Africa is perfectly placed to take advantage of Sub-Saharan Africa’s high expected growth rates over the coming years, particularly as companies and investors from the US, Europe and increasingly Asia seek fresh opportunities and markets outside of their traditional markets.
This report, sponsored by Zurich, considers the opportunities and risks facing companies and their risk managers as organisations look to expand into South Africa and the wider Sub-Saharan African region with particular focus on global and cross-border insurance coverages.
Despite the array of statistics that exists, there is still much uncertainty around the area of cyber risk. And this uncertainty has been exacerbated by the pace at which technology use is evolving and the contrasting pace at which regulation, insurance and risk management is developing.
So it is with this uncertainty in mind that the recent Risk Frontiers event in Brussels, held in conjunction with Belrim, the Belgian risk management association, and sponsored by AIG, aimed to address this critical area of risk management.
The following AIG sponsored report, a summary of the seminar’s presentations and panel discussions, breaks the subject into four recognisable themes—exposure; identification, measurement and management; risk transfer; and possible ways forward.
This year’s Risk Frontiers survey of European risk managers, sponsored by XL and Willis, took place as European companies grappled with big and fast developing political, social and economic changes such as the eurozone crisis, ongoing dramatic effects of the Arab Spring and the spectre of a ‘double dip’ European and global downturn. It was no surprise therefore that this year, more than in the past, the discussion was very macro-focused.
In this survey we shed light on those macro issues and other big risks keeping risk professionals awake at night, discuss the role risk managers should play to help their organisations navigate such choppy waters and consider to what extent the insurance market is responding and delivering on innovation. We also take an indepth look at the state of the corporate insurance market and the challenges raised by globalisation and multinational insurance programmes.
This year's Risk Distribution report, sponsored by Lloyd's, identifies and analyses the challenges and opportunities facing European brokers as they strive to meet their customers’ evolving needs and ensure they have a central role to play in the future of the risk management and transfer industry.
Based upon unique and in-depth interviews carried out with a sample of Europe’s leading corporate insurance brokers it considers the big risks facing organisations today, the state of the insurance market, claims management, levels of innovation and broker remuneration.
The days when only businesses from traditional ‘polluting’ industries had to concern themselves with environmental risks appear long gone. Companies of all types are under greater pressure than ever from a range of stakeholders to demonstrate that they are taking their responsibilities seriously.
This report, sponsored by ACE, focuses on the impact of the Environmental Liability Directive and other new European environmental legislation on companies and risk managers, what their response should be to the created exposures and how the risks can be quantified and mitigated.
Emerging risk is the number one concern of many European risk and insurance managers as the rapidly changing global economy throws up huge challenges. These new threats come in all shapes and sizes and from various sources. Be they reputation damage, cyber crime, energy supply or supply chains, companies need to deal with all these risks, right now.
This report, based on a Risk Frontiers Emerging Risks seminar held in London by Commercial Risk Europe and sponsored by Allianz, highlights some of the key challenges and opportunities faced by the risk profession as a result of these emerging threats.
This Technical Briefing, written in association with Aon and with the help of the brokers Executive Director, EMEA Environmental Services Practice, Dr Simon Johnson, takes a look at the new risks created by recent environmental legislation, but focuses on insurance solutions to the new exposures and related procurement processes.
This year’s Risk Frontiers Survey of European risk managers, sponsored by XL, focuses on emerging risks, whether the level of insurable risk really is rising, as many fear, and the ability of the insurance market to deliver badly needed solutions in a fast-changing world.
This report, entitled In Search Of Nirvana and sponsored by Zurich, revisits the thorny subject of compliance on global programmes, taking a look at the very latest developments in this ever evolving area of insurance.
We bring you Commercial Risk Europe’s first annual survey of risk distribution in the European corporate insurance market, supported by Lloyd’s of London and Aon.
Based on conclusions drawn from our interviews with 25 of Europe’s leading corporate risk brokers, 20 risk and insurance managers and 10 insurers, we ask how could and should the brokers make themselves even more critical to this part of the market?
We bring you Commercial Risk Europe’s report on the Environmental Liability Directive (ELD), the newly introduced pan-European ‘polluter pays’ environmental legislation. This report, sponsored by Chartis, takes a look at this burgeoning area of liability, which appears to have slipped under the radar of many companies.
Commercial Risk Europe’s European Risk Management Survey, sponsored by XL Insurance, gauges the state of the European risk and insurance management community following a series of national roundtables across the continent. It discovers what our readers really care about.
Going Global, Acting Local: The Changing Environment for Global Insurance Programmes, in association with Zurich, gives advice to risk managers in order to help them avoid some of the pitfalls when organising insurance coverage in multiple territories.