Weather risk management firms predict renewables and thinner energy market liquidity will drive growth
Steps to improve risk modelling needed if Europe wants insurers to increase cat risk exposure, say experts
Ferma forum hears that Solvency II delays will not affect competition
Talking about Willis
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The FSA has fined insurance brokerage Willis £6.9 million for failures in its anti-bribery and corruption systems and controls relating to payments to overseas third parties
The latest movers and shakers in operational risk
Willis Structured Financial Solutions (WSFS), a division of Bermudan-based insurance broker Willis, has hired Diana Reid to head its North American operations.
International insurance broker, Willis Group, has established a structured financial solutions practice group for North America, based in New York.
The Central Bank of the United Arab Emirates said the op risk capital charge may be left to the discretion of the national supervisor, and should be based not only on quantitative factors, but should take account of qualitative factors. The Central Bank…