Ben Norris
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Aviation
Greenberg says simple maths means market hardening will continue as Chubb delivers strong results
Chubb’s Evan Greenberg believes that simple maths means the insurance market will continue to harden for some time, as the…
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CRE Insurance
Double-digit specialty insurance rate increases set to rise further in H1: Scor
Scor saw average specialty insurance rates increase 15% in 2019, with the double-digit trend continuing for EMEA-focused 1 January renewals.…
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Africa
French risk managers still facing problems with African claims
The non-payment of claims in French-speaking African countries continues to be a problem for French risk managers, according to a…
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Association News
Corporate social responsibility is performance booster, says MAIF CEO
Corporate social and environmental responsibility is a key theme at AMRAE’s 2020 conference this week, and risk professionals attending the…
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Asia
US-China trade tensions to rise with recent deal only a ‘sticking plaster’, warns Verisk Maplecroft
Corporates are caught in the middle of elevated geopolitical tensions between the US and China over trade, according to new…
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CRE People Moves
AXA XL creates new CUO cyber role
AXA XL has appointed Libby Benet to the newly created role of global chief underwriting officer for cyber. Ms Benet…
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Asia
Companies advised to risk-assess business travel and supply chains as coronavirus spreads
Risk managers are being advised to risk-assess business travel and prepare for increased staff absenteeism as the number of confirmed…
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Association News
Bouquot calls on firms to adopt combat risk management
The head of France’s risk management association Brigitte Bouquot urged companies to approach risk management as if they were in…
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Africa
AMRAE continues drive for more consistent insurance regulation across CIMA region
French risk and insurance management association AMRAE is using its annual meeting of Club FrancoRisk at the start of its…
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Africa
AMRAE’s Club FrancoRisk to launch Rimap certification for risk managers in Francophone Africa
Club FrancoRisk, the group launched by French risk management association AMRAE to promote risk management across the 15 French-speaking African…
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CRE Insurance
Market hardening helps Chubb deliver impressive results
Chubb saw net income jump 12.4% in 2019 to $4.45bn and once again delivered an impressive 90.6% combined ratio for…
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CRE Insurance
Aon acquires cybersecurity firm Cytelligence
Aon has acquired cybersecurity firm Cytelligence, which provides technical incident response and digital forensics. Based in Canada with offices in…
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CRE Insurance
Eurozone and UK insurance growth will lag GDP in 2020: Mapfre
Insurance growth in the eurozone and the UK will struggle to keep pace with falling GDP in 2020, according to…
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Benelux
All eyes on 1 April renewals following year-end hardening
Year-end insurance renewals were challenging for many European buyers as the market hardening accelerated in the last few weeks of…
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CRE Insurance
Insolvencies to rise in 2020 as EU-UK trading future discussed, warns Atradius
Robust risk management will be key to protecting businesses, said trade credit insurer Atradius, as it predicted insolvencies will rise…
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Benelux
Willis Towers Watson appoints head of Benelux business
Willis Towers Watson (WTW) has appointed Angel Hoover as head of its Benelux operations. Based in the Netherlands, Ms Hoover…
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Asia
Coronavirus unlikely to lead to large insured losses, say experts
The impact of the coronavirus outbreak is unlikely to lead to large insured losses, even for international insurance and reinsurance…
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CRE Risk Management
Airbus’s €3.6bn fraud settlement agreed by authorities
Aircraft manufacturer Airbus has confirmed it will pay €3.6bn, plus interest and costs, to fraud authorities in France, the UK…
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BI
Chubb launches non-damage terrorism cover
Chubb has launched a non-damage terrorism cover that it says will bridge gaps in traditional terrorism business interruption insurance. Chubb…
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CRE Insurance
Court rules Scor’s Covéa-linked Barclays case can proceed
Scor will proceed with civil proceedings against Barclays Bank for breach of confidence over Covéa’s unsolicited takeover bid in 2018,…