Ben Norris
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CRE Insurance
XL shareholders approve AXA’s $15.3bn offer
XL’s shareholders have approved the $15.3bn all-cash offer from AXA to buy the Bermudian firm. The deal is now expected…
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Africa
Man-made risks outstrip nat cat as Lloyd’s research shows $546.5bn annual GDP under threat in leading cities
An estimated $546.5bn of GDP is at risk each year from 22 perils across leading cities, with man-made threats posing…
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Africa
RIMS urges countries to adopt revamped ISO 31000 as risk management standard
RIMS has called for all countries to adopt ISO 31000: 2018 as their national risk management standard, following publication of…
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Benelux
MS Amlin gets go-ahead for Brussels Brexit plan
MS Amlin will redomicile its European operations from London to Brussels after receiving regulatory approval, with the new base fully…
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Benelux
RSA gets green light for Luxembourg move
RSA has received regulatory approval for its new Luxembourg insurance subsidiary, which is being set up to deal with Brexit.…
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CRE Insurance
Aon first broker to sign UN’s sustainable insurance framework
Aon has signed up to the UN’s Principles for Sustainable Insurance (PSI), making it the first insurance broker to commit…
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AXA XL
XL Catlin appoints new president of global excess casualty
XL Catlin has appointed Donnacha Smyth as president of global excess casualty insurance, in a move that sees him return…
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CRE Risk Management
Large UK firms should be forced to disclose climate change risks by 2022, says MPs’ report
UK law should be amended to force large companies and asset holder to report on climate change risks exposures by…
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Association News
Bouquot continues as AMRAE president
Brigitte Bouquot was re-elected as president of French risk management association AMRAE during its general assembly last month. At the…
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CRE Insurance
Cologne mayor hails Newline’s decision to use city as EU base
Cologne's Lord Mayor Henriette Reker has welcomed the decision by international specialty insurance group Newline to set up its new…
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CRE Insurance
Reinsurers fail to secure expected rate rises at Florida renewal: JLT Re
Expected P&C reinsurance rate rises failed to materialise at the 1 June Florida renewals following heavy cat losses in the…
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Asia
AXIS Re reorganises for growth and creates new global market division
AXIS Re is to shake up its operations, including expansion into new products and markets, with the aim of improving…
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CRE Insurance
Rising employment claims set to drive EPLI demand
With the spotlight shining on corporate behaviour and gender pay, employment claims are rising, creating growing interest in employers’ practices…
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CRE Insurance
SCOR first reinsurer to complete cat bond under London’s new ILS regime
SCOR has become the first reinsurer to issue a cat bond under the UK’s new ILS regime with its $300m…
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BI
XL Catlin and partners launch crisis response service
XL Catlin has added a crisis response service for corporate clients that find themselves caught up in one of 45…
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CRE Insurance
Industry veteran O’Hara joins cyber insurer Envelop Risk board
Industry veteran Brian O’Hara, former head of XL Capital, has been appointed to London-headquartered cyber insurance firm Envelop Risk’s board…
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CRE People Moves
Chubb appoints two energy industry practice leaders
Chubb has appointed two new practice leaders to head up its energy team with Barton Porter overseeing large firms and…
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CRE Insurance
Groundbreaking insurance blockchain solution goes live with Maersk
The world’s first marine insurance blockchain facility has been launched with shipping company AP Møller-Maersk, and its developers are looking…
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CRE Risk Management
Russia World Cup carries heightened risk for employees
The 2018 World Cup football tournament in Russia brings a unique set of risks including a high crime rate, cyber…
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CRE Insurance
IRM guidelines help align insurance cover and operational risk
Corporate risk managers stand to benefit from a guide produced by the Institute of Risk Management (IRM) to help insurers…