Ben Norris
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CRE Insurance
Aon’s acquisition of WTW should boost growth of independent broking sector: Fonseca
José Manuel Fonseca, chairman and founder of Brokerslink, believes the loss of Willis Towers Watson (WTW) through Aon’s acquisition adds further…
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Asia
Covid-19 to spark global and eurozone recession, warns Swiss Re Institute
The coronavirus (Covid-19) will spark a global and eurozone recession this year, having changed economic projections “considerably”, according to the…
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Africa
Baron says brokers need to focus on expertise not size in wake of Aon-WTW deal
Risk managers worldwide can expect further consolidation in the insurance broking sector as medium-sized firms try to keep up and…
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Asia
Parima urges risk managers to stress test insurance programmes for Covid-19 triggers
Risk managers should stress test their insurance programmes to see how coverage may be triggered for losses caused by coronavirus…
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CRE Insurance
Large losses wipe out Hannover Re’s underwriting profit
Hannover Re’s net income rose 21% in 2019 to €1.28bn, exceeding targets despite reporting an underwriting loss of €9.7m, down…
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CRE Insurance
Marsh appoints CEO of Victor Insurance
Marsh has named Brian Hanuschak as CEO of its MGA Victor Insurance Holdings. Based in Maryland, US, Mr Hanuschak will…
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Association News
Airmic survey reveals growing risk manager gender diversity and skills needed for future success
A new survey by Airmic has revealed growing gender diversity in risk management and found that risk professionals who combine…
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Africa
Further doubts raised by European risk managers about benefit of Aon’s WTW acquisition
Aon clearly has a big job on its hands to convince commercial customers that its planned $30bn acquisition of rival…
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CRE Risk Management
Italy in lockdown as WHO says threat of global pandemic ‘very real’
Italy has begun a country-wide lockdown in a bid to control the spread of coronavirus (Covid-19) as the World Health…
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Africa
Healthcare systems could buckle under weight of Covid-19
Coronavirus (Covid-19) is more communicable than other global viruses the world has had to deal with and has a high…
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Captives
Covid-19 hits global risk management meeting calendar as CICA cancelled
The rise of coronavirus (Covid-19) is having a significant impact on the normal operation of the international commercial and corporate…
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CRE Insurance
France overtakes UK in European insurance M&A deals
The number of European insurance mergers and acquisitions (M&A) reached its highest level for eight years in 2019, although the…
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Africa
Aon to buy Willis Towers Watson in disappointing move for risk managers
Aon has agreed to buy Willis Towers Watson (WTW) in an all-stock deal worth $30bn that is likely to leave…
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Asia
Business urged not to take adversarial approach to supply chain Covid-19 problems
Aon’s Peter Kapler has urged the construction industry and wider business community not to take a short-sighted, adversarial approach to…
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CRE Insurance
Storms Ciara and Dennis will cost UK insurers more than £360m, says ABI
February storms Ciara and Dennis are expected to cost UK insurers £363m, according to statistics from the Association of British…
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CRE Insurance
Corporates could lose out in war for data supremacy
Corporates need to build their own risk management systems to avoid becoming overdependent on the services of brokers and insurers,…
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CRE Insurance
Buyers negotiate walk-away rights in coronavirus-hit M&A deals
Mergers and acquisitions (M&A) could take longer to complete should coronavirus cause a prolonged period of disruption, according to James…
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CRE Insurance
AXA XL appoints UK head of downstream and power
AXA XL Insurance has promoted Peter O’Neill to UK head of downstream and power, from his current position as underwriter.…
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CRE Insurance
Cathay Pacific fined £500k in UK for data breach but escapes GDPR punishment
The UK’s Information Commissioner’s Office (ICO) has fined Cathay Pacific Airways £500,000 for failing to protect customers’ personal data, with…
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CRE Risk Management
New CRO leaves Metro Bank during handover period
The UK’s Metro Bank has confirmed to the press that its new chief risk officer Grahame McGirr has “left the…