Ben Norris
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CRE Insurance
Buyers face further disruption in D&O market
Buyers should prepare for further disruption in the D&O insurance market in 2020, including higher rates and restricted cover, as…
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Benelux
Ransomware attack brings down production at Belgian firm Picanol
Global operations of Belgian textile technology company Picanol have been brought to a standstill following a ransomware attack, and the…
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Asia
ICA launches trades register to help spot dodgy ‘tradies’ as bushfire losses near A$1.4bn
The Insurance Council of Australia (ICA) has launched an online register to help local tradespeople and builders play a big…
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Asia
Elevated levels of civil unrest to continue in 2020, warns Maplecroft
The world experienced a big increase in civil unrest during 2019 and this trend could be the “new normal”, according…
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CRE Insurance
Chubb makes leadership change in Europe as Côté takes over major accounts
Chubb has announced changes to its leadership team in Europe as Nadia Côté is appointed head of the region’s major…
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Africa
Geopolitical fog complicates response as environmental risks dominate WEF survey
Economic confrontations and political polarisation are the most likely risks to increase this year, with environmental threats dominating the longer-term…
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CRE Risk Management
Six VW staff charged in diesel emissions probe
A further six Volkswagen (VW) managers and staff have been charged with fraud for their part in the diesel emissions…
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CRE Insurance
Chubb announces $430m cat loss for Q4 2019
Chubb has announced a net cat loss estimate of $430m for the fourth quarter of 2019 as it booked losses…
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CRE Insurance
Iran conflict fears ease but foreign firms advised to prepare for the worst
Foreign companies are being advised to prepare for ongoing volatility in the Middle East, but the risk of a wider…
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CRE Insurance
Hancock steps down as Lloyd’s performance director amid market reform
Lloyd’s performance management director Jon Hancock, who has been leading the market’s reform, has decided to step down from his…
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CRE Insurance
BLM appoints new product recall partner
Law firm BLM has appointed Jason McNerlin from Clyde & Co as partner in its London office and head of…
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Benelux
Aegon’s coal exclusion investment list grows to more than 100
Dutch insurer Aegon has added its weight to the anti-coal investment movement, announcing that it will expand its environmentally-driven approach…
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CRE Insurance
Solvency II update weighs on insurers in 2020, says S&P
Europe’s Solvency II review, scheduled to take place this year, could see insurers’ solvency ratios impacted by between 30 and…
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BI
Cyber voted top business risk for first time in Allianz Risk Barometer
Cyber has been voted the biggest risk facing business globally and in Europe for the first time ever in the…
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CRE Risk Management
California adds new layer of liability through new IoT security regulation
California and Oregon have become the first US states to mandate minimum levels of cybersecurity for internet of things (IoT)…
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Asia
BGC’s Asian offering boosted by key aviation hire at newly named Piiq Risk Partners
Piiq Risk Partners, a global aerospace (re)insurance brokerage that is part of US-based BGC Insurance Group and was only was…
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CRE Insurance
Chilton returns to Gallagher through Capsicum acquisition
Veteran London market broker Grahame Chilton is returning to A J Gallagher aschairman of its global P&C broking business, because…
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CRE Insurance
AXA units merged into XL Insurance
AXA XL has announced the completed merger of AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Company, following…
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CRE Insurance
FM Global appoints UK operations manager
FM Global has appointed Andrew Bryson as operations senior vice-president and manager of its London operations, responsible for business in…
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CRE Insurance
Hiscox links with CyberCube in cyber risk analytics deal
Hiscox has struck a deal to use cyber risk analytics software from CyberCube to provide greater clarity on its cyber…