Ben Norris
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CRE Insurance
Mactavish urges buyers to tender business to multiple brokers as report flags conflict of interest
A new report from Mactavish finds that brokers operating in the UK market receive as much as 80% of their…
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CRE Insurance
Slightly above-average US hurricane season predicted in latest forecast
The latest North Atlantic storm and hurricane season prediction from the Met Office estimates slightly more than average activity, and…
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CRE Insurance
Lloyd’s, Munich Re, Zurich and Chubb criticised for insuring Trans Mountain tar sand pipeline
Lloyd’s has been revealed as the biggest insurer of Canada’s controversial Trans Mountain tar sand pipeline, followed by Munich Re,…
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CRE Risk Management
WTO barometer flashes red
The World Trade Organization’s (WTO) Goods Trade Barometer has fallen to its lowest level since launch and shows no sign…
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BI
Zurich confident in ability to resist attack on BI coverage via virus claims
Zurich’s top management believes the group is less exposed than others in the market to the threat of legal or…
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CRE Insurance
AGCS names new head of cyber competence unit
Allianz has appointed Dr Catharina Richter as global head of cyber at its centre of competence, the insurance group’s cyber…
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CRE Insurance
London market in good shape but still needs to improve claims process
The London (re)insurance market faces a big share of the $100bn-plus claims that are expected to come as a result…
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Association News
RIMS launches professional advisory programme
RIMS has launched a new professional advisory programme – Ask a Peer – to connect risk management experts and service…
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CRE Insurance
EasyJet reveals cyberattack breach of nine million customers’ details
Email addresses and travel details of around 9 million easyJet customers were exposed in a “highly sophisticated” cyberattack, the firm…
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CRE Insurance
Insurers’ capital strength stands up to AM Best’s Covid stress test
The Covid-19 pandemic will hit insurers’ earnings but capital levels are strong enough to withstand the crisis, according to stress-test…
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CRE Insurance
S&P revises reinsurance outlook to negative from stable
S&P has revised its reinsurance sector outlook to negative from stable and warned of downgrades for individual reinsurers, which are…
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Africa
Europe tops FM Global’s resilience ranking
European countries are some of the most resilient business environments in the world, according to FM Global’s 2020 ranking, which…
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CRE Risk Management
Economic risks dominate WEF’s Covid-19 survey
A prolonged global recession, a surge in bankruptcies and a rise in cyberattacks due to a sustained shift in working…
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Association News
EC gets behind pandemic risk pools as EIOPA considers pan-European scheme
CRE understands the EC has told campaigners it is exploring proposals to create public-private-partnerships, or pools, to protect against future…
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BI
FCA consults buyers as it seeks BI coverage clarity
UK buyers in dispute with their insurers over pandemic payments from business insurance policies officially have until tomorrow to submit…
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CRE Insurance
Insurers face greater threat from investment losses than Covid-19 claims, says S&P
Covid-19-driven investment losses pose a greater risk to Europe’s insurers in 2020 than insured losses, according to Standard & Poor’s…
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CRE Insurance
Aon promotes Steve Petrevski to SVP of data and analytics
Aon has promoted Steve Petrevski to senior vice-president (SVP) and general manager of data and analytic services. He will report…
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CRE Risk Management
QBE survey flags employee wellbeing risks from home working
Employers could see a fall in mental wellbeing among staff working from home and an increase in burnout as the…
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CRE Insurance
EC3 Brokers appoints director of financial and professional lines
EC3 Brokers has appointed John Collier as divisional director in an expansion of the broker’s international financial and professional lines…
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Benelux
Covid-19 contributes to higher prices and capacity pressures, Aon says in Q1 report
Insurance rate hardening accelerated in Q1 with Covid-19 impacting some regions, according to a new report from Aon that found…