Ben Norris
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Construction
June 8, 2023
Construction PI market still difficult but signs of stabilisation for well-managed risks
Construction professional indemnity (PI) insurance buyers that can display good risk management are seeing some market stabilisation but others still…
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Aviation
June 5, 2023
Chubb opens aviation hub in Singapore for Asia expansion
Chubb has set up an aviation hub in Singapore as it focuses on developing its general aviation and aerospace business…
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Cyber & Technology
June 5, 2023
Cyber market softening but war exclusions a concern, says Aon
Aon says that “substantial” new capacity will help soften the global cyber insurance market and expects premium rates to be…
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Cyber & Technology
June 1, 2023
Cyber losses from 1-in-200-year event could reach $33.4bn, says Guy Carpenter
A one-in-200-year cyber loss could cost the insurance industry between $15.6bn and $33.4bn but would manageable for the market, according…
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People Moves
June 1, 2023
Aon’s Fumagalli joins Sompo International in Italy
Sompo International has appointed Simona Fumagalli as country manager of insurance in Italy. She will be based in the company’s…
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UK/Ireland
May 31, 2023
Mactavish index shows UK claims litigation hitting High Court up 14% last year
New data from Mactavish finds that the number of commercial claims disputes going to the UK High Court rose 14%…
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ESG
May 30, 2023
UN backs NZIA collaboration but 11 members have now quit
The UN said “there is a fundamental and urgent need for collaboration” in the insurance and reinsurance industry to tackle…
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Market
May 23, 2023
HDI Global says turnaround complete as it delivers strong Q1 numbers
HDI Global said its turnaround is now complete as the company’s underwriting results and combined ratio improved in the first…
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Market
May 22, 2023
Market improving for buyers but nat cat property tough: Aon
Average insurance price increases stood between 1% and 10% across all global regions in Q1 2023 as upward rating pressure…
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Asia
May 22, 2023
Aspen names Tay Boon Chuan head of Singapore
Aspen Insurance has appointed Tay Boon Chuan as head of Singapore from Tokio Marine Kiln. The company also said that…
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Risk Management
May 19, 2023
Financial, liquidity and insolvency top European auditor risk list
Financial, liquidity and insolvency risk has been most impacted by the economic downturn, shooting up the risk ranking from ninth…
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Nordics
May 18, 2023
Christoffersen takes over HDI’s Danish operations
Finn Christoffersen has taken over as managing director of HDI Global and HDI Specialty in Denmark after Rasmus Jorgensen left…
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Cyber & Technology
May 16, 2023
AXA XL boosts cyber team in Europe and Australia
AXA XL has expanded its cyber capabilities in Europe and Australia with ten new underwriters. The new appointments are Sylvie…
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People Moves
May 15, 2023
Ribotta named CEO of Zurich France
Paolo Ribotta is returning to Zurich Insurance as its French CEO. Ribotta takes up the post after previously working for…
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Market
May 15, 2023
AXA XL insurance gets premium boost on back of ‘reaccelerating’ price rises
AXA XL’s gross written insurance premiums rose 4% in the first quarter of this year, helped by average rate increases…
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Legal & Regulation
May 9, 2023
SEC issues record $279m whistleblower reward
The US Securities and Exchange Commission (SEC) has issued its largest-ever award of nearly $279m to a whistleblower for information…
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Cyber & Technology
May 5, 2023
Cyber market to tighten further after Merck defeats insurers in NotPetya appeal, warns IT firm
An appeals court ruling this week that affirmed Merck is entitled to $1.4bn of cyber claims from the NotPetya attack…
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Association News
May 2, 2023
RIMS and Parima partner on certification programme
US risk management association RIMS and its pan-Asian counterpart Parima have signed a deal to bring the former’s certification scheme…
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CRE Insurance
April 28, 2023
Mapfre posts healthy growth at global risks
Mapfre Global Risks (MGR), the Spanish group’s large corporate and industrial insurance arm, posted further strong growth in premium during…
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People Moves
April 28, 2023
Auer succeeds Stahl as Talanx CRO
Talanx has promoted Simone Auer as chief risk officer (CRO) to take over from Gerhard Stahl on 1 May 2023.…