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European Union (EU)

Reaction to proposed ELD extension

The CEA claims the proposed extension to the Environmental Liability Directive will be damaging for European insurers. Francesca Nyman asks the market for its initial reaction to the proposal.

No insurance downgrades expected despite Greek exchange

Leading insurers across Europe have been told that manageable exposure to Greek government bonds will mean they will not be downgraded if they accept the EU's offer of a 50% haircut in return for new debt.

FSCS should be part of EU-wide body, says EIOPA

The EU should fund closer cooperation between the UK’s Financial Services Compensation Scheme and similar insurance guarantee schemes in all EU countries, the European Insurance and Occupational Pensions Authority has said.

North of the border: UK-wide outbreak of common sense?

After reviewing the Health & Safety at Work Act 1974, Lord Young made the point that, despite significant progress and the undoubted success of the Act, the standing of health and safety in the eyes of the public has never been lower. There is a growing…

Luzzi elected next president of Ferma

Jorge Luzzi, group risk management director for Pirelli worldwide, has been elected the next President of the Federation of European Risk Management Associations.

Brit warns about untrained lorry drivers

Brit Insurance has issued a stark warning that shop shelves could be left bare and consumers will struggle to buy essentials such as bread and milk if truck drivers fail to comply with incoming EU driver training rules.

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