Ben Norris
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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…
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Asia
Australian government pressures insurers for claims data as bushfire losses near A$1bn
The Insurance Council of Australia (ICA) has reportedly said that insured losses from the bushfires still raging across the country…
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CRE Insurance
UK P&I Club appoints senior loss prevention exec in Greece
The UK P&I Club has appointed Captain Kostas Karavasilis as senior loss prevention executive in its Greek office. Based at…
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CRE Insurance
ICO fines retailer maximum £500,000 for cyber breaches prior to GDPR
Retailer DSG Retail, which owns Currys PC World and Dixons Travel, has been fined £500,000 by the Information Commissioner’s Office…
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Asia
Risk managers must intensify efforts to identify deforestation liability in supply chain
Companies involved in, or buying from, the $45bn global farmed-shrimp industry, have been warned that a lack of transparency about its…
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CRE Insurance
Lloyd’s risk syndication pilot launches with marine and casualty as test classes
Marine hull and international casualty binders will be the first classes to pilot the modernised syndication programme at Lloyd’s, one…
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Africa
Climate change tops travel risk list for 2020
Climate change has topped a list of travel risks for 2020, according to poll of top ten threats by Riskline.…
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Asia
Travelex ransomware attack hints at future systemic failure
The recent cyberattack on Travelex that has taken down currency services is a sign of things to come as ransomware…
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Asia
Munich Re places 2019 insured nat cat losses below ten-year average at $52bn
Last year’s insured natural catastrophe losses of $52bn were in line with the 30-year average but down on the $67bn…
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Africa
Munich Re reveals nat cat losses down but calls for better insurance protection in Africa
Last year’s insured global natural catastrophe losses of $52bn were in line with the 30-year average but down on the…
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CRE Insurance
Talks underway to free much-needed ILS capacity for cyber risk
Capacity from the insurance-linked securities (ILS) market could be crucial to propping up the traditional insurance market in the event…
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Asia
Fenchurch Law adds partner as part of international expansion plans
UK law firm Fenchurch Law, which works exclusively for insureds and brokers, has appointed Aaron Le Marquer as partner to…
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CRE Risk Management
Ikea pays $46m in second child-death settlement
Swedish furniture firm Ikea has said it will pay $46m to settle a liability case brought by the parents of…
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CRE Insurance
Joint War Committee sees ‘no dramatic change’ in risk despite Iran’s threat of reprisals
The Joint War Committee (JWC), the body that comprises London market marine hull underwriting representatives, told Commercial Risk Europe that it…