Ben Norris
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CRE Risk Management
Equifax data breach cost reaches $243m with insurers covering $60m
Credit reference agency Equifax has revealed that last year’s data breach, which is thought to have compromised the data of…
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CRE Insurance
UK nerve agent attack exposes insurance gap that needs rethink: Pool Re
The recent nerve agent attack in UK city Salisbury, which hospitalised three victims and closed parts of its shopping district…
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CRE Insurance
Mapfre global risks premium income wilts at Q1
Revenues fell 7.6% at Mapfre to €7.3bn at the Q1 stage, on the back of premiums worth €6.2bn, down 7.2%.…
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CRE Insurance
JLT restructures for specialty lines growth in 2018
Most classes of reinsurance and specialty lines saw a moderation or end to price reductions at the recent renewals, according…
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CRE Insurance
Insurer urges risk managers to act ahead of Grenfell fire safety report
Risk managers should consider reviewing fire strategies ahead of expected changes to UK fire safety regulations following last year’s Grenfell…
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Africa
Conduct and culture risk management enters new phase: survey
Financial services companies are taking conduct and culture risk increasingly seriously in the face of regulatory pressure, developing more holistic…
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CRE Insurance
UK P&I Club tackles maritime risk with new technology
UK P&I Club is set to provide cutting-edge, data-driven technology for maritime and port threats that it says will help…
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CRE Insurance
Lloyd’s enlists partners for tech-driven solutions
Lloyd’s has recruited The Boston Consulting Group alongside insurtech firm L Marks to set up and run Lloyd’s Lab, which…
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BI
Fast-changing risks force buyers and market to rethink BI cover
A growing dependence on technology and efficient supply chains is forcing a rethink of business interruption (BI) insurance, but a…
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Africa
New catastrophe models set to expand liability cover
Developments in catastrophe risk modelling should help insurers create new liability insurance products, according to a modelling expert who believes…
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CRE Insurance
Lloyd’s underwriters need to ‘push away from the bar’: Greenberg
European risk managers should probably not expect Chubb underwriters to be chasing them too eagerly for their business this year,…
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Benelux
TMK launches IP product in France, Belgium and Luxembourg
Tokio Marine Kiln (TMK) has launched a specialist intellectual property (IP) insurance product in France, Belgium and Luxembourg. The company…
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CRE Insurance
Pool Re explores ILS option with GC Securities
Pool Re has stepped up its interest in transferring UK terrorism risk to the insurance-linked securities (ILS) market with the…
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Global Risk Manager
Acquisitions boost business at AXIS Capital
AXIS Capital’s first-quarter results were boosted by the acquisition of Novae Group, which closed in October last year. Gross premiums…
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CRE Insurance
Oil industry climate change litigation could spill to manufacturers of all petrol products
If the US plaintiff bar can make mounting allegations that the oil industry should pay damages to combat the effects…
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CRE Insurance
New framework to help boards avert losing battle against cyber risk
Boards are losing the battle against cybercriminals, warns a new report from The CityUK and Marsh, which puts forward a…
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Global Risk Manager
Political events a big worry for global insurers – Goldman Sachs survey
Global insurers are more pessimistic about the current investment environment than they were a year ago, according to a survey…
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CRE Insurance
Post-Grenfell Tower tests reveal UK fire safety standards ‘broken’: ABI
A new report by the Association of British Insurers (ABI) says UK building control systems are “broken” after results of…
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CRE Insurance
Insurers and brokers say clients can’t measure cyber risk
Insurance buyers, and consequently their risk transfer partners, are struggling to measure cyber risk and are therefore largely in the…
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Association News
High-profile judging panel named for European Risk Management Awards
Ferma and Commercial Risk Europe are delighted to announce another line-up of leading risk managers as judges for our annual…