Ben Norris
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CRE Risk Management
Next global credit crisis looks ‘inevitable’ but not as bad as 2008: S&P
A global credit downturn or crisis looks “inevitable” but will not be as serious as 2008, according to new analysis…
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BI
Mactavish warns UK firms not grasping full Brexit risk
UK companies must ensure they have done everything possible to protect their business from Brexit or face lawsuits brought by…
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CRE Insurance
Reputational harm insurance making progress
Buyers can access expanding insurance protection for reputational damage with improvements in loss-of-profit cover and cyber protection...
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Africa
Munich Re launches battery cover to help decarbonisation
Munich Re said its new product for insuring battery performance is a “key piece of the puzzle” to decarbonise the…
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Association News
RIMS names Luke Figora Risk Manager of the Year
RIMS has named Northwestern University’s Luke Figora as Risk Manager of the Year 2019. David Stills, vice president of global…
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CRE Insurance
Zurich launches AI supply chain risk service in Europe
Zurich has partnered with AI supply chain risk management firm riskmethods to provide its European commercial customers with new technology-driven…
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CRE Insurance
Merck’s property insurers use war clause to deny NotPetya claim
US pharmaceutical company Merck is in dispute with insurers over losses it sustained during the 2017 NotPetya attack. Commercial Risk Europe understands…
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CRE Insurance
UK Government, police and Pool Re launch counterterrorism platform for business
Pool Re has invested £10m in a joint project with the UK’s Home Office and National Counter-Terrorism Policing to make…
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CRE Insurance
Aon backtracks on Willis Towers Watson takeover bid
Aon said it does not intend to make a move for Willis Towers Watson, just hours after the broker publicly…
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Africa
Aon launches insurtech consultancy for marine risks
Aon has launched a new marine consultancy service with software firm Skytek that uses real-time satellite data to track insureds’…
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CRE Insurance
Aon considering bid for Willis Towers Watson
Aon has confirmed it is considering a bid for rival Willis Towers Watson, in what would be the largest-ever broker…
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Aviation
Aviation market to harden further
The aviation insurance market looks set to harden further in 2019, driven by consolidation, withdrawals and rising claims costs...
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CRE Insurance
AGCS launches financial loss and crisis management cover for reputational crisis
Allianz Global Corporate & Specialty (AGCS) has launched reputation protection cover for UK corporates, should an event damaging their brand…
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CRE Insurance
Zurich reduces gender pay gap in UK
Zurich closed its gender pay gap for UK staff by 4.5% to 22.8% in 2018, following several actions to address…
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Asia
HDI Global Specialty acquires Neon’s bloodstock team
HDI Global Specialty has acquired Neon Underwriting’s bloodstock team and said more specialty acquisitions are likely. Mark Edwards, Neon’s head…
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CRE Insurance
Marsh Ireland names executives ahead of JLT deal
Marsh has named Joe Grogan as executive chairman and Patrick Howett as CEO of Marsh Ireland, ahead of the broker’s…
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Asia
JLT sells aerospace division to Gallagher to secure Marsh deal
Marsh & McLennan Companies (MMC) and JLT have agreed to sell the latter’s global aerospace operations to Arthur J Gallagher,…
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CRE Insurance
Chubb moves terrorism models forward with Impact Forecasting initiative
Chubb has partnered with Aon’s Impact Forecasting to develop a new terrorism risk model for New York’s Manhattan district, which…
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CRE Insurance
Pool Re secures £2.3bn terrorism retrocession cover
Munich Re has led the placement of £2.3bn retrocession cover for UK terrorism reinsurer Pool Re. The programme, spread across…
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CRE Insurance
UK whiplash claims fall to seven-year low
A fall in UK whiplash claims to a seven-year low is proof that new legislation to reduce volumes of fraudulent…