Ben Norris
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Energy
February 1, 2024
Scor to lead new offshore energy consortium at Lloyd’s
Scor has launched an offshore renewable energy insurance consortium within Lloyd’s that has increased the French firm’s total deployable capacity…
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Cyber & Technology
January 31, 2024
Guy Carp launches ‘ground breaking’ cyber cat solution
Guy Carpenter has launched what is describes a “ground breaking” cyber reinsurance product to help insurers manage catastrophe risk and…
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Asia
January 31, 2024
Property owners turning to captives despite market slowdown
Despite a slowdown in the pace of property insurance rate increases, buyers continue to use captives to finance their property…
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Cyber & Technology
January 25, 2024
US payment fraud attempts jump 71%
The number of payment fraud attempts on US companies jumped 71% last year, driven by cybercrime, finds new research by…
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Marine
January 17, 2024
Tankers divert as war risk premiums jump again for Red Sea route
War risk premiums for shipments through the Red Sea region have jumped to about 1% of the ship‘s value over…
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People Moves
January 17, 2024
Chaucer announces Richard Milner as CEO from Aspen UK
London-based global specialty (re)insurer Chaucer has appointed Richard Milner as group CEO from US-based rival Aspen, where he was CEO…
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Nordics
January 17, 2024
HDI enters Swedish jewellers block market
HDI Global Specialty has entered the Swedish and Nordic jewellers block insurance market with the hire of experienced underwriter Frank…
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Risk Management
January 16, 2024
Cyber and BI remain biggest concerns while fears over political threats rise in Allianz Barometer
Cyber and business interruption remain the biggest concern for companies across the world, according to the latest Allianz Risk Barometer.…
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People Moves
January 15, 2024
HDI Global names new director for property in UK and Ireland
HDI Global has appointed Kate Sutcliffe from Sompo International as director for property in the UK and Ireland. She takes…
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Market
January 12, 2024
Moody’s RMS estimates Japan quake losses up to $6bn
Moody’s RMS estimates that insured losses from the earthquake that struck the Noto Peninsula in Japan on 1 January will…
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Risk Management
January 10, 2024
AI-driven disinformation tops WEF’s global risk list as elections loom
AI-driven misinformation and disinformation has shot straight in as the number one short-term risk in the World Economic Forum’s (WEF’s)…
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Insurance
January 9, 2024
Nat cat insured losses hit $95bn last year: Munich Re
Global insured losses from natural disasters reached $95bn last year, below the $105bn five-year average but above the $90bn average…
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Reinsurance
January 9, 2024
Guy Carp’s property cat reinsurance index up 5.4% at 1 Jan
Guy Carpenter’s Global Property Catastrophe Rate on Line (ROL) Index increased 5.4% at 1 January 2024 renewals compared to the…
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Market
January 4, 2024
Reinsurance renewals ‘smooth’ but cost of European cat cover up: Aon
The 1 January reinsurance renewals were “relatively smooth” with overall pricing flat to slightly up, but things were tougher for…
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M&A
January 3, 2024
Travelers completes Corvus acquisition
Travelers has completed its previously announced acquisition of US-based cyber MGU Corvus for approximately $435m. Travelers said the deal was…
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Market
December 19, 2023
Lloyd’s extends stay at One Lime Street until 2035
Lloyds of London will remain in its iconic headquarters until 2035, with an optional extension in place to extend its…
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Market
December 8, 2023
Zurich cautious over financial lines and motor risks
Zurich is being cautious and keeping a “close eye” on financial lines business given the current soft market, with particular…
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People Moves
December 8, 2023
MS Amlin appoints Clare Constable as chief claims officer
Lloyd’s insurer MS Amlin has promoted Clare Constable to chief claims officer from the start of next year. Constable, who…
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Liability
December 6, 2023
European legal and litigation landscape set for ‘greatest systemic shift’, warns Zurich
Zurich has warned that the European legal landscape is set to see the “greatest systemic shift” over the next few…
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Employee Benefits
December 4, 2023
New A&H Lloyd’s insurer launched
Insurance industry investor Beat Capital Partners has launched a new accident and health (A&H) underwriter, RedRiff Agency Ltd. Peter Wilkins…