Ben Norris
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CRE Insurance
European multinationals suffering worst in hard market but capital influx offers hope
Multinational European companies with exposures in the US and Asia are being hit harder by tough commercial insurance conditions than…
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CRE Risk Management
IRM to offer risk apprenticeships in UK
The Institute of Risk Management (IRM) has been approved to offer UK apprenticeships in risk and compliance that can run…
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BI
Modellers say Hurricane Delta loss could reach $3bn
AIR estimates insured losses from Hurricane Delta will be between $1bn and $3bn, with Karen Clark & Company (KCC) putting…
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CRE Insurance
CFC launches new cover for M&A IP risks
Specialty insurer CFC has launched a new cover that protects buyers from intellectual property (P) infringement risks in mergers and…
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CRE Risk Management
Poll shows public trust in corporate sustainability reports at record high
Trust in corporate social and environmental performance is at its highest ever level, according to a global poll by GlobeScan…
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CRE Insurance
Arch Capital’s Q3 results hit by up to $210m of nat cat and virus losses
Arch Capital said natural catastrophes and pandemic claims will cause losses of between $190m and $210m in the third quarter.…
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CRE Insurance
AXIS estimates Q3 cat losses of $225m to $255m
AXIS Capital Holdings has disclosed a net loss estimate of between $225m and $255m for the third quarter. The Bermudian…
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CRE Insurance
Focus must firmly shift to risk management as market hardens
Europe’s risk and insurance managers need to focus firmly on risk management, mitigation and loss prevention as insurance budgets shrink…
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CRE Insurance
KCC places Hurricane Delta losses at $1.25bn
Karen Clark & Company (KCC) estimates that onshore insured losses from Hurricane Delta will be close to $1.25bn. The estimate…
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Aviation
Aviation rate increases accelerate going into Q4 renewal, says Gallagher
Aviation clients face further rate hardening as the market enters its busiest time for renewals in the fourth quarter, according…
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CRE Insurance
Nihoul warns problems ahead as Covid-19 cutbacks clash with hard market
Ferma board member Laurent Nihoul fears that the hardening insurance market is about to become even more problematic for buyers…
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Association News
Wegener says pandemic offers unique chance to usher in new era of risk management
Ferma president Dirk Wegener believes risk management stands on the threshold of a new era as Covid-19 offers an opportunity,…
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CRE Insurance
Arch to buy Watford Holdings in $622m deal as it outbids Enstar
Arch Capital has confirmed it will buy P&C group Watford Holdings – which houses Bermuda’s Watford Re, Watford US and…
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CRE Risk Management
Employees fear mental health disclosure will harm career, finds QBE survey
One in four UK employees fear that disclosing mental health issues to their employer will affect their career, according to…
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CRE Insurance
Zurich expands corporate travel package to meet new risks
Zurich Insurance has expanded its corporate travel insurance to meet the new and more complex risks highlighted by Covid-19, as…
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Association News
Airmic searching for new CEO as Ludlow steps down
Airmic’s CEO John Ludlow is stepping down, with his successor set to be appointed in early 2021. Mr Ludlow has…
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Asia
AXA XL makes appointments to new regional units
AXA XL Insurance has announced new appointments for its business divisions following the recent launch of its regional operating model,…
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CRE Insurance
UK mitigates ‘most’ risks for post-Brexit financial services but some gaps for EU clients
The UK’s financial services industry has mitigated most Brexit risks for continuing cross-border business, even if the UK and EU…
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CRE Risk Management
UK firms well behind on compliance with new money laundering directive
Regulated firms in the UK, including banks and estate agents, are only just over half way through implementing the European…
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CRE Insurance
Gallagher launches mental health cover for professional footballers
Gallagher has extended its insurance product for professional footballers to include mental health benefits and mitigate a growing risk. The…