Ben Norris
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CRE Insurance
French non-life market maintains stable outlook from AM Best
AM Best has maintained its stable outlook on the French non-life insurance market despite commercial insurers running into problems last…
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CRE Insurance
Sedgwick names Legget Ireland CEO as Hughes takes on international role
Sedgwick has appointed Ruth Leggett as CEO of its Ireland operation, where she will replace Malcom Hughes who remains with…
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CRE Insurance
Corporate vaccinations may be hard to insure
Private sector companies that vaccinate employees against Covid-19 will need to notify their liability insurers, while some will find medical…
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CRE Insurance
UK regulator says ‘insidious’ behaviours ‘still racism’ as it considers new diversity rules
UK regulator the Financial Conduct Authority (FCA) wants firms to improve inclusion and opportunities for black employees at all levels…
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Africa
Global economy to shrink 18% by 2050 if no action on climate change, says Swiss Re
The world’s economy risks losing 18% of GDP during the next 30 years if there is no action on climate…
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CRE Insurance
The Hartford’s profits fall 9% in Q1
The Hartford reported a 9% decline in net income during the first quarter of 2021, largely due to its $650m…
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CRE Insurance
Chubb ‘disappointed’ by The Hartford’s rejection of increased offer
Chubb is “disappointed” by The Hartford’s rejection of its increased offer for the insurer, which the would-be acquirer described as…
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CRE Insurance
The Hartford rejects increased offers from Chubb
The Hartford has knocked back two more “unsolicited” offers from Chubb, which raised its bid from $65 a share to…
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Benelux
Dutch risk managers welcome EC intervention in Aon-WTW deal
Adri Van der Waart, chairman of the Netherlands’ risk and insurance association Narim, believes risk managers should welcome the EC’s…
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Association News
Ferma backs EC’s proposed sustainability reporting directive but has concerns over scope
Ferma has backed the EC’s newly proposed Corporate Sustainability Reporting Directive (CSRD), but delivered a “mixed” response to some of…
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BI
The Geneva Association calls for government action on pandemic risk schemes
Governments must act as the “insurers of last resort” for business interruption (BI) losses from future pandemics, according to The…
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Africa
AXA launches Climate School to boost client and employee risk knowledge
AXA has launched its Climate School programme to help train businesses and employees on environmental issues. The online training programme…
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Association News
Captive-based insurance solution launched to unlock US cannabis market
The US National Cannabis Risk Management Association (NCRMA) has launched a new insurance solution for members, through a captive endorsed…
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CRE Risk Management
Business travel needs review in face of heightened risk post-pandemic
Businesses looking to restart corporate travel post-pandemic will need to review and put in place new policies to meet environmental…
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BI
Talanx unveils ambitious plan for German retail market
The Talanx Group’s retail Germany division has disclosed a plan to post a return on equity of at least 8%…
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CRE Insurance
Howden acquires Spanish broker ARTAI and opens new Swiss office
Howden has continued its European expansion with the acquisition of Spain’s largest independent corporate broker ARTAI for an undisclosed fee.…
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CRE Insurance
Best maintains stable outlook for Spanish non-life market after profitable 2020
AM Best has maintained a stable outlook on the Spanish non-life insurance market after limited exposure to Covid-19 and catastrophe…
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Benelux
German insurance managers advised to question what cover they really need
German insurance managers are advised to start their renewals as early as possible, be transparent with brokers and insurers, look…
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CRE Insurance
Insolvency risk in focus as German companies grapple with economic uncertainty
As the coronavirus pandemic prolongs its global domination and governments are forced to face up to the fact that they…
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CRE Insurance
Sales to secure Aon-Willis deal could take many forms, say analysts
With European regulators apparently pushing for multiple divestitures by Aon before approving its purchase of rival Willis Towers Watson (WTW),…