Ben Norris
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Climate Change
Daimler and US authorities finalise $1.5bn dieselgate settlement
German car manufacturer Daimler and its subsidiary Mercedes-Benz have settled actions brought by US authorities over their role in the…
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BI
Sally strengthens to hurricane as it tracks to make Mississippi landfall
Tropical Storm Sally has been upgraded to a hurricane as it heads towards the US Gulf Coast, with landfall expected…
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CRE Insurance
Lloyd’s creates new US market development role for Schoberth
Lloyd’s has appointed Uwe Schoberth to the newly created post of US market development director, which Lloyd’s said will expand…
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BI
US August storms caused $20bn+ in damage, says Aon
Nine tropical storms that made landfall in August will cost the US economy more than $20bn, according to Aon’s global…
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BI
Hannover Re warns of sharp rate increases in 2021
Hannover Re expects widespread price rises in both reinsurance and insurance markets in 2020 as the industry reacts to the…
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CRE Risk Management
Hurricane Paulette and Storm Sally fill promise of busy season; US wildfires total almost 100
The entire island of Bermuda is inside the eye of Hurricane Paulette, warned the US National Hurricane Center (NHC) early…
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Asia
New Dawn Risk expands in Asia with SpecialistRe partnership
London market broker New Dawn Risk Group is to enter a new partnership with Singapore-based SpecialistRe, which it said will…
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Captives
Companies increasingly turning to captives for D&O protection as market hardens
The hard directors and officers (D&O) insurance market is leading a growing number of companies to place the risk in…
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CRE Insurance
German insurers ready to back green recovery but incentives and rule changes needed first
The EU Commission aims to mobilise €1trn of investment for its Green Deal over the next 10 years as part…
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Analysis & Opinion
Howden accelerates plan to be credible global alternative for risk managers
Howden, the london-based international specialty broker that is part of the Hyperion Insurance Group and 46% staff-owned, aims to become…
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Analysis & Opinion
Sompo ready to ramp up European and international corporate business
Sompo International, a global specialty provider of property and casualty (re)insurance, is about to embark on a significant communications effort…
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Africa
Aon survey finds ‘workforce agility gap’
An agile workforce has become a priority for businesses as they begin to rethink human resources (HR) following the Covid-19…
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CRE Insurance
AM Best says AGCS ratings stable after S&P downgrade
AM Best has affirmed the A+ financial strength rating of Allianz and subsidiary Allianz Global Corporate & Specialty (AGCS), and…
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CRE Insurance
Sedgwick names former Walmart risk manager as global exec
Sedgwick has named former Walmart risk manager David Stills as a global risk management executive. In the role, Mr Stills…
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CRE Insurance
French corporations face healthcare cost rise if new tax adopted
The French Insurance Federation (FFA) has voiced its opposition to a recent announcement by the national health minister and minister…
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CRE Insurance
Klisura named president of Guy Carp with Clarke taking on his Marsh global placement role
Marsh’s president of global placement and advisory Dean Klisura has been appointed to the newly created position of president at…
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Benelux
M&A broker RCA expands with new Netherlands office
M&A insurance broker Risk Capital Advisors (RCA) has opened a new European office in the Netherlands to meet the demand…
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CRE Risk Management
IRM updates International Diploma in Risk Management
The Institute of Risk Management (IRM) has launched a revised version of its International Diploma in Risk Management. The syllabus…
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CRE Insurance
Lloyd’s £438m H1 loss driven by £2.4bn pandemic claims
Lloyd’s has booked a market loss of £438m for the first six months of 2020 after Covid-19 claims totalled £2.4bn…
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BI
FCA’s Covid-19 BI test case ruling next week
The UK’s High Court will deliver judgement on the case between the Financial Conduct Authority (FCA) and eight insurers over…