Ben Norris
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CRE Insurance
Brit and Google launch digital follow-only Lloyd’s syndicate
Brit and Google Cloud have joined forces to launch the first fully digital and algorithmically-driven Lloyd’s of London syndicate, which…
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BI
Allianz confident over BI exposure as long as regulators don’t change the game
Allianz group CFO Giulio Terzariol told analysts during the insurer’s Q1 conference call that the €400m-plus provision the firm has…
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Aviation
DAC Beachcroft hires Stovold from Clyde & Co as aviation partner
Law firm DAC Beachcroft has appointed Alex Stovold as aviation partner in its London global insurance practice. Mr Stovold joins…
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CRE Insurance
Aon launches intellectual property MGA platform
Aon has launched a new managing general agent (MGA) platform, which it said will become the world’s largest delegated capacity…
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Association News
Airmic warns insurers to change response to pandemic and stand by customers
UK risk management association Airmic has warned insurers to change their response to Covid-19 and stand by their customers when…
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CRE Insurance
EC3 Brokers opens specialty division
EC3 Brokers has launched a specialty division, focused on cyber and casualty risks, with the appointment of Jonathan Lane to…
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Asia
Rates up 21% in UK and 8% in Europe with Covid-19 set to impact market for rest of 2020: Marsh
Average commercial insurance rates rose by an eye-watering 21% in the UK during the first quarter and were up 8%…
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CRE Insurance
Covid-19 reignites bioterrorism threat, warns Pool Re
The Covid-19 pandemic may spark a resurgence in bioterrorism because many countries have been found underprepared for the virus, according…
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CRE Insurance
Allianz profits hit by Covid-19 claims, nat cats and financial turbulence
Allianz reported a sharp drop in profits for the first quarter as both its P&C and life and health businesses…
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Asia
Fitch changes outlook for two Japanese insurers to negative
Fitch Ratings has lowered the rating outlook for Sompo Japan Insurance to negative from stable after assessing the impact of…
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CRE Insurance
EC approves French export guarantee scheme for SMEs hit by virus
The European Commission has approved, under EU state aid rules, a French guarantee scheme for small and midsize companies with…
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BI
Covid-19 set to extend hard market through 2021, says WTW
The Covid-19 pandemic and resultant economic downturn are set to extend the hard US commercial insurance market through 2021, according…
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Asia
Insurance sector faces 20% loss of brand value following Covid-19
The world's 100 most valuable insurance brands could lose up to $100m in value as a result of Covid-19, with…
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CRE Insurance
Energy losses spike over last two years as resilience lags risk, warns Marsh JLT
Eight of the largest energy losses on record took place in the last two years, according to a new report…
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CRE Insurance
Zurich creates new lead underwriting roles
Zurich Insurance Group has created two underwriting roles with the appointment of Ralph Brand as global head of casualty, financial…
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CRE Risk Management
Return to work under Covid-19 brings swathe of new risks: Marsh
Businesses planning to restart after Covid-19 lockdowns will have to tread new ground when it comes to risk, following more…
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Association News
Ferma launches taskforce to push for public-private NDBI insurance solution for all cat risks
Ferma and its member associations have launched a taskforce to push the EU, national governments and insurance industry towards providing…
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CRE Insurance
Insurers report big rate increases and expect Covid-19 to reinforce hardening
Insurers have reported sizeable rate increases in the first quarter and numbers show the hardening is getting worse for buyers,…
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BI
Covid-19 provisions continue to hammer insurer earnings but balance sheets secure for now
The latest set of leading European and global (re)insurance company results have starkly shown the huge impact Covid-19 is having…
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CRE Risk Management
Risk managers face tough decisions as restarts loom
As governments look to ease coronavirus lockdown measures, some companies will have to reinvent themselves as risk managers find ways…