Ben Norris
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MarketJanuary 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&AJanuary 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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MarketDecember 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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MarketDecember 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 MovesDecember 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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LiabilityDecember 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 BenefitsDecember 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…
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M&ADecember 4, 2023
USI acquires BOK brokerage
USI Insurance Services has acquired fellow US-based broker BOK Financial Insurance. Parent company BOK Financial Co said the deal will…
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InsuranceDecember 4, 2023
McLarens forms alliance with Turkish loss adjuster
McLarens has formed a strategic alliance with Turkish firm Demeks Loss Adjusting to provide domestic and international clients with claims…
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MarketDecember 1, 2023
Mixed primary market outlook for 2024: Zurich
Zurich has painted a mixed picture for European insurance buyers next year with some areas, such as marine, stabilising, and…
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ReinsuranceDecember 1, 2023
Rate increases drive AM Best’s stable outlook for global reinsurers
AM Best has held its stable outlook for the global reinsurance market based on “substantial” rate increases, largely from property…
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CaptivesDecember 1, 2023
Traditional insurers should collaborate more with captives: Report
Captives are no longer considered an alternative market and traditional insurers have an opportunity to collaborate more with these tools…
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MarineNovember 30, 2023
NorthStandard launches ‘first’ marine cover for bad weather delays
P&I club NorthStandard said it has introduced the first ever marine strike and delay cover for adverse weather to protect…
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People MovesNovember 30, 2023
WTW beefs up contingency team with appointments from Marsh McLennan
WTW has appointed Marsh McLennan’s Nick Anscombe and Brett Corrigan to its contingency team. Anscombe is named as contingency lead.…
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MarketNovember 29, 2023
Anra members need insurers to up game on emerging risks, says president
The Italian commercial insurance market is reaching “equilibrium” after recent hardening, but members of the country’s risk management association Anra…
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ESGNovember 29, 2023
Firms urged to embrace innovation to turn EU’s ESG rules into competitive advantage
European companies can turn the raft of EU ESG regulations into a competitive advantage rather than a disadvantage by focusing…
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ESGNovember 29, 2023
Time for risk managers to step up to the plate on ESG risks, says Anra
Corporate sustainability is now a matter of “how” not “if” and must be fully incorporated into risk frameworks to manage…
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Legal & RegulationNovember 27, 2023
Dutch firm Rabobank fined €26.6m by EC for euro bond cartel
Dutch bank Rabobank has been fined €26.6m by the EC for participating in a cartel that fixed trading of euro-denominated…
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ItalyNovember 24, 2023
Perils increases loss estimate from Italy’s May floods to €509m
Catastrophe data specialist Perils has increased its insured loss estimate for floods in the Emilia-Romagna region of Italy this May…
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MarketNovember 20, 2023
Global insurance market moderates further in Q3 as insurers go for growth: Aon
The global commercial insurance market moderated further in Q3, with prices still rising a touch in most regions, but buyers…