Ben Norris
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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…
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Benelux
Food sector dominates EU recalls
Recalls across the EU remained steady in 2018, with Q4 figures slightly above average for electronic and food recalls but…
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CRE Insurance
Venezuela sanctions increasing risk for foreign firms
The deepening political crisis in Venezuela and the ratcheting up of sanctions is creating legal, reputational and credit risk for…
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CRE Insurance
AGCS appoints regional CEO for Germany/CEE
Allianz Global Corporate & Specialty (AGCS) has appointed Hans-Joerg Mauthe as regional CEO for central and eastern Europe. He will…
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CRE Insurance
London market business weighs on RSA’s 2018 results
RSA said “underwriting shortcomings” in its London market speciality and wholesale business weighed the group down with £106m of underwriting…
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CRE Insurance
Multinationals face new levels of political risk, warns Marsh
Multinationals face “unprecedented uncertainty” caused by growing political risk, Marsh warned on publishing its Political Risk Map 2019...
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Africa
Oil and gas sector lagging on ERM, cyber and business continuity: IRM survey
The oil and gas sector has work to do to improve its risk management maturity, particularly around cyber, business continuity…
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CRE Risk Management
Only a third of companies recover data after crisis, survey finds
Too many UK businesses depend on their workplace recovery provider to avoid business interruption following a crisis, according to a…
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CRE Insurance
Risk managers await changes to France’s nat cat insurance regime
French insurance buyers expect significant changes this year to their country’s nat cat insurance regime, with experts predicting a new…
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CRE Insurance
Employee class actions on the rise
The UK’s Court of Appeal found in favour of Asda supermarket workers late last month in the country’s largest-ever equal…
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CRE Insurance
Argo board responds to accusations of ‘shockingly inappropriate’ expenses
The board of directors at Argo Group International Holdings has issued a statement rebutting what it describes as “inaccurate” and…