Ben Norris
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Global Risk Manager
AGCS names global head of construction
Darren Smart has been appointed as global head of construction for Allianz Commercial. Smart will join the firm from Liberty…
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Cyber & Technology
Marsh fears wrangling over cyber war clauses could set precedent for further market dislocation
Marsh wants the insurance market to stop its public wrangling over cyber war clauses and fears that the revamped wordings…
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Market
Brit sees rates rise 7.7% in H1 and 66% since 2018
Brit Insurance delivered some decent first half numbers on the back of average rate rises of 7.7%, and has now…
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Legal & Regulation
Insurance industry urges EU to reduce ‘excessive’ reporting requirements
The European insurance industry has put pressure on the EC to follow through with plans to reduce the sector’s reporting…
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GRM Insurance
Insurers using AI to deliver coverage consistency, says Graham
Insurers are already using AI to help ensure they deliver consistent coverage across programmes and close wording gaps, Julia Graham,…
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Spain/Portugal
Lockton seals Jhasa deal for growth in Spanish market
Lockton has agreed a partnership with Spanish independent broker Jhasa, which specialises in construction, energy and M&A risks, to boost…
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North America
US commercial insurance prices rises accelerating again: WTW
Overall US commercial insurance prices increased by 6.1% in the second quarter compared with the same period last year, up…
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Reinsurance
Swiss Re expects reinsurance market hardening through 2024
Swiss Re expects the “disequilibrium” between supply and demand to persist in non-life reinsurance through 2024 and, along with still…
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Cyber & Technology
Ferma hopes ongoing dialogue over PPPs will now pay off
Ferma has told Commercial Risk Europe that it has kept dialogue open with all relevant stakeholders on the need for…
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Cyber & Technology
Cyber claims becoming more difficult and technical, warn brokers
Cyber insurance claims have become more difficult for buyers, with carriers now asking very detailed questions before paying out, brokers…
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Liability
Carriers set to maintain PFAS exclusions despite buyer concerns
The (re)insurance industry will have to maintain exclusions for many PFAS substances, also known as forever chemicals, until it can…
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Italy
Sompo International builds out Italian leadership team
Sompo International has made five new appointments to its leadership team in Italy. Brunello Bulciaghi joins from Aon and will…
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Risk Management
Perma-crisis and digitalisation alter risk manager role
Virtual meetings have greatly changed the way risk and insurance mangers operate over the last few years, bringing both positives…
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ESG
Buyers question whether carriers are making the most of ESG data
Risk and insurance managers from Belgium question whether the growing interest in ESG data from insurers is much more than…
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Benelux
Belgium market improving for buyers but far from easy
The Belgian commercial insurance market is not softening just yet but things are not as bad for buyers as they…
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Benelux
Geopolitics, cyber, nat cats and battle for talent big risks for Belgian firms
Geopolitics, cyber and natural catastrophes are among the biggest risks facing Belgian companies, agreed some of the country’s leading risk…
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Reinsurance
S&P goes to stable from negative on reinsurance sector
S&P has revised its outlook on the global reinsurance sector to stable from negative on the back of the hardening…
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People Moves
DUAL names Allianz’s McGinn as UK CEO in bid to double premium
Howden’s MGA DUAL has appointed Allianz’s Simon McGinn as CEO of its UK business. The company said the appointment will…
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Cyber & Technology
Cyber war exclusions likely to come under further scrutiny later this year, warns CyberCube
CyberCube believes that a rise in nation-state cyberattacks later this year will force the (re)insurance industry to once again revisit…
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DACH
Generali Global Corporate & Commercial opens new office in Cologne
Generali Global Corporate & Commercial has opened a new office in Cologne, Germany as part of its strategic expansion in…