Ben Norris
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Construction
April 25, 2024
London market to remain closed for construction SPPI cover
The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime…
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M&A
April 23, 2024
Transactional risk market set to rebalance on back of M&A activity, says Chubb
Chubb’s new international transactional risk platform will initially focus on EMEA risks but will look to expand further in a…
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Climate Change
April 22, 2024
More than 70% of global workforce exposed to climate change-related health hazards: ILO
A new report by the UN’s International Labour Organization (ILO) finds that a “staggering” 70% of the world’s workforce are…
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People Moves
April 16, 2024
Chaucer appoints new CRO as James Wright becomes chief financial officer
Chaucer has appointed its chief risk officer (CRO), James Wright, as chief financial officer (CFO), with Werner Joubert taking on…
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CRE Insurance
April 16, 2024
Specialty credit insurer Convergence set for launch
Plans for a new credit insurer, Convergence, that will initially target clients in Europe and North America have been unveiled…
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Legal & Regulation
April 15, 2024
Fire safety manufacturer pays $750m to settle PFAS class action
Irish-headquartered US smart building firm Johnson Controls International's subsidiary Tyco will pay $750m to settle a class action alleging its…
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Brokers
April 15, 2024
Cybersecurity experts McAfee joins Brokerslink
Cybersecurity firm McAfee has joined Brokerslink to help the network boost its clients’ cyber resilience. Brokerslink said McAfee will enhance…
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Marine
April 12, 2024
Somali piracy attacks resurge in 2024, warns IMB
Shipowners have been warned about a “worrying” resurgence in attacks from Somali pirates, with five incidents recorded in Q1 2024…
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Risk Management
April 4, 2024
Ferma and Commercial Risk Europe launch 2024 European Risk Management Awards
Entries are now open for this year’s European Risk Management Awards, held in association with Ferma and Commercial Risk Europe.…
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Market
April 4, 2024
European commercial market to soften in 2025: Fitch
Fitch predicts that the commercial European insurance market will soften next year as competition among insurers mounts to the point…
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People Moves
April 3, 2024
QBE Europe appoints new underwriting head for trade credit
Aidan Quinn has been appointed head of commercial underwriting for trade credit at QBE in Europe. He joins the European…
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People Moves
April 3, 2024
Swiss Re names Andreas Berger as CEO
Swiss Re has named Andreas Berger, CEO of Swiss Re Corporate Solutions, as its next group CEO. Berger will take…
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M&A
April 3, 2024
Global M&A sees uptick in Q1 as WTW foresees busier year ahead
The number of global mergers and acquisitions (M&A) above $100m rose by 11% in the first quarter of this year…
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Italy
April 3, 2024
Private equity firm takes controlling interest in Italian broker GBSAPRI
Private equity firm Brera Partners said it has bought 70% of shares in Italian broker GBSAPRI Group to drive consolidation…
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Aviation
April 2, 2024
Judge rules $10bn aircraft leasing dispute to be heard in London
A UK High Court judge has ruled that the $10bn battle between reinsurers and aircraft leasing companies seeking payouts for…
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Reinsurance
April 2, 2024
Aon reports favourable property cat reinsurance renewal at 1 April
April’s property catastrophe renewals in Japan mimicked trends seen in the US at 1 Jan, with pricing flat to slightly…
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Cyber & Technology
March 28, 2024
Most UK firms pin AI on board agenda but 11% not discussing topic: Airmic
The majority of UK risk managers (78%) said artificial intelligence (AI) is on their board’s agenda, with a further 4%…
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People Moves
March 27, 2024
Zurich names Thornberry group chief claims officer
Zurich has named Tom Thornberry as its new group chief claims officer. Thornberry is currently global head of financial lines,…
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People Moves
March 25, 2024
RSA names Collman property lead for UK specialty lines
RSA Insurance has appointed Tony Collman as property director in its UK specialty lines business. Collman has been filling the…
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Market
March 22, 2024
Zurich expands into the Baltics
Zurich is entering the Baltic market to offer solutions for middle-market companies in Estonia, Latvia and Lithuania. The expansion will…