Ben Norris
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CRE Insurance
UK firms failing to grasp GDPR’s reporting deadlines, warns regulator
The UK data protection regulator has warned that some companies are “struggling” to fully understand that General Data Protection Regulation…
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CRE Insurance
CII slashes gender pay gap and encourages insurance industry to follow suit
The UK’s Chartered Insurance Institute (CII) has reduced its mean gender pay gap significantly to 16.64% from 28% last year,…
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CRE Insurance
Hurricane Florence loss estimates range from $2.5bn to $5bn
Hurricane Florence, which made landfall in North Carolina on Friday, is estimated to cost insurers less than feared at between…
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Africa
Marsh & McLennan Companies’ $5.6bn JLT acquisition all about growth, says Glaser
Marsh & McLennan Companies’ (MMC) planned acquisition of JLT for $5.6bn is all about delivering growth, said the buyer’s CEO…
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AIG
Claims hit one in five insured M&A deals, with large transactions more exposed: AIG
Transaction risks in merger and acquisition deals remain high, with a claim on one in every five (19%) warranty and…
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CRE Insurance
AIR predicts Florence wind and storm losses of between $1.7bn and $4.6bn
AIR Worldwide has estimated insured losses of between $1.7bn and $4.6bn from Hurricane Florence’s wind and storm surge, as Willis…
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CRE Insurance
Sedgwick and Cunningham Lindsey combine marine divisions
Sedgwick and Cunningham Lindsey have combined their marine divisions, following completion of Sedgwick’s acquisition of the loss adjuster in April…
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CRE Insurance
AXA’s Dawn Miller joins Chubb’s mid-market European team
Chubb has appointed Dawn Miller to the new role of senior vice-president for middle-market and small commercial businesses and distribution…
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Africa
Marsh & McLennan to buy JLT for $5.6bn
Marsh & McLennan Companies (MMC) is set to buy rival Jardine Lloyd Thompson (JLT) in a $5.6bn cash deal. The…
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CRE Insurance
Insurers expect rise in silent cyber losses, finds Willis Re survey
More insurers across the globe are expecting to report silent cyber losses across all lines of business except workers’ compensation…
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Climate Change
Little or no sign of market-wide hardening in Nordics
Nordic risk and insurance managers see no sign of a general hardening in the commercial market and can get capacity…
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CRE Insurance
IUA drafts broad exclusion to tackle silent cyber exposures
The International Underwriting Association (IUA) has drafted a broad clause to address silent cyber risk. The clause can be inserted…
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CRE Insurance
FM Global rolls out cyber risk review for clients
FM Global is launching a cyber risk assessment for its clients, helping buyers to measure their resilience to cybersecurity threats…
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CRE Insurance
Allianz leads 16 insurers in sustainability index
Germany’s Allianz has topped a list of 16 P&C insurers featured in the 2018 Dow Jones Sustainability Index. It is…
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CRE Insurance
Cyberattacks hit German manufacturers for €43bn
Cyberattacks have struck two thirds of German manufacturers, costing them €43bn, according to findings of a survey by IT association…
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CRE Insurance
AXA completes $15.3bn deal for XL
AXA has completed its acquisition of XL Group for $15.3bn. Fitch has upgraded the ratings of XLIT Ltd – a…
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CRE Insurance
Engineering insurance rates unsustainable warns association
Engineering insurance rates are unsustainable following years of soft market conditions and could see carriers exit the market to the…
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CRE Insurance
UK’s cyber agency challenges boards to get more technical
The UK’s cybercrime agency has directed five questions at company boards to help them defend organisations against cyber risk ahead…
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CRE Insurance
The Carlyle Group becomes majority shareholder in Sedgwick for $6.7bn
Private equity firm The Carlyle Group has bought KKR’s majority share in Sedgwick for $6.7bn. The risk, benefits and claims…
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CRE Insurance
Construction market soft but recent heavy losses could spark change
Brokers and insurers speaking at CRE’s latest event agreed that the construction market remains extremely soft with no immediate signs…