Insurance Market Report - Q1-Q2 2010

The latest report covers trends in pricing on a country by country level for casualty, property, motor, healthcare, trade credit, environmental, directors' and officers' liability, professional indemnity, financial institutions, aviation, energy and marine, as reported by our risk and industry practices.

2-3 minute video podcasts giving overviews of each insurance line accompany the report and are accessible via the insurance market report website

The UK Emergency Budget – The Impact on Captives

Following the election of the coalition government, 22 June saw an emergency budget delivered by the Chancellor, George Osborne. Arising from this budget, a number of factors need consideration by captive owners.

Public View

Perspectives on risk and insurance from our public sector team.

Public sector core risk management services

The core risk management service provides independent support and assistance within the development of risk management throughout the structure and culture of public sector organisations.

The Nuclear Renaissance

Marsh’s Construction, Power and Utilities Practice has been involved in servicing all sectors of the nuclear cycle since commercial civil nuclear power commenced in the 1950s

Captive Updates - Volume 4/Issue 2

Keep up to date with all the latest captives news worldwide from our Captives Consultancy team.

Sustainabilty - managing your risk
A Marsh White Paper

The past decades have seen a growing realisation that our way of life is putting an intolerable burden on the planet. A voracious demand for goods and services is placing increasing strains on the world’s resources and pressuring our already fragile environment.

The concept underlying the sustainability movement is very simple – the way we live our lives shouldn’t prevent future generations from being able to live theirs in the way they want. Yet according to some experts our demand for natural resources exceeds the planet’s capacity to regenerate those resources and this "global overshoot" is growing.

Office insurance for Scottish solicitors

Office insurance for Scottish solicitors Marsh’s FINPRO Practice has developed an office policy tailored to the needs of Scottish solicitor firms which, in addition to providing competitive premiums and flexible levels of cover, also provides risk management advice and other resources to assist firms in this important aspect of business.

Benchmarking risk management performance in the public sector

Strategic risk management in the public sector has progressed significantly in the last 10 years. Most local authorities have identified and assessed their risks and monitor and review their mitigation via corporate risk registers or similar mechanisms.However, expectations of internal and external stakeholders have increased to such an extent that embedding risk management into an organisation is now a pre-requisite of leading edge risk management and an integral part of Best Value 2 (BV2).

Piracy - A growing problem

It is clear that the number of attacks in the Gulf of Aden and Indian Ocean are increasing and the geographical range of the pirates is widening. It also appears that the size of the ransom demands and payments are increasing.

LexNatura - Spring/Summer 2010

Welcome to LexNatura, a newsletter from Marsh’s Environmental Practice. LexNatura is a bi-annual publication which provides in-depth analysis and commentary on the environmental insurance market and related environmental issues. Regular features include updates on environmental insurance market conditions and the development of new environmental insurance products, as well as special features such as case studies, updates on environmental legislation and emerging areas of environmental risk.

Introducing a new solution for energy trading credit risks

Marsh’s UK Trade Credit Practice has recently implemented a risk transfer mechanism for wholesale suppliers of energy exposed to trading risks caused by the default of their client.

Effects of ‘Deepwater Horizon’ incident on pollution liability in the US

This paper summarises recent activity in Washington to revise the terms of the Oil Pollution Act and the impact such adjustments might have on shipowners.

2010 EMEA business continuity benchmark report

In 2008, Marsh completed the first European wide Business Continuity Management (BCM) survey. This survey highlighted the growing acceptance of BCM throughout a wide range of organisations and the advantages that could be gained by integrating it into their organisations. In 2010, Marsh conducted another survey, using a similar question set but incorporating a wider array of responses from the Middle East. These results give an insight into the current state of the market as well as allowing the identification of trends over the past two years.

Outlook - June 2010

Perspectives on risk and insurance issues from the National Corporate Practice.

Ministry of Justice update

The Ministry of Justice (MOJ) has announced a planned implementation date of 30 April 2010 for a new process in respect of the Road Traffic Act personal injury (RTA PI) claims occurring in England and Wales.  Agreement has now been reached on a strict process to handle RTA PI claims. It is anticipated that the new process will provide for early notification of claims, promote early admissions of liability and prompter settlements.

Aviation news - quarterly 1 2010 review

A report on the aviation and aerospace insurance market.

Beta - issue 2

A newsletter for the financial institutions industry

Risk management and professional indemnity survey 2010 - legal sector

Marsh and Legal Business conducted research in January 2010 into the risks of the largest law firms in England and Wales. While the first risk management survey two years ago examined the need for a risk management function, and last year’s report looked at the very specific challenges facing firms in the teeth of a global recession, this year finds firms very much needing to get in shape. Talk is cheap, and the emphasis now is on getting risk management and compliance teams ready to tackle the fresh structures and regulatory pressures in a new decade.

Clinical drug trials

An explanation of the minimum requirements for insurance policies covering subjects participating in clinical drug trials as defined by the Italian Ministry for Employment, Health and Social Policies

Educated risk - Spring 2010

Perspectives on risk and insurance for the higher education sector.

Global captive benchmarking report

This year's report, provides a year-over-year analysis and review of trends in the general global captive market and compares the performance and operations of captive programs against peers and similar organisations.

Supply chain risk management     

In today’s global business environment, supply chains are becoming increasingly complex and the dependence being placed on them is unprecedented. Many organisations are under enormous pressure to reduce costs in their supply chain and improve efficiency, whilst also finding ways to improve customer service and responsiveness.                                                                                        

Excellence in risk managment

The top 10 risks, new regulatory requirements, enterprise risk management, and other issues are featured in our seventh annual Excellence report from Marsh and the Risk and Insurance Management Society (RIMS).

How global insurers perceive Bowring Marsh

In late 2009, Bowring Marsh commissioned a survey on the perceptions of Bowring Marsh by global insurers. Of approximately 600 insurers invited to participate, over 200 underwriting decision-makers in Bermuda, Dublin, London, Miami, Sao Paulo, Singapore and Zurich were interviewed.  View the results here.

The Blueprint - March 2010

Viewpoints on risk and insurance for the UK construction sector.

Global Energy Practice: The 100 Largest Losses 1972 - 2009 - Large Property Damage in the Hydrocarbon Industries

Is captive utilisation an optimal strategy for National Oil Companies - an industry research report 

Adviser - Winter Conditions: Risk Management Guidance