Ben Norris
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CRE Insurance
Insurance market weathers 2017 losses but clouds remain on the horizon
European corporate risk and insurance managers will be relieved by evidence from international insurer and reinsurer 2017 results and renewals…
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CRE Insurance
Cyber liability market to reach $6.2bn by 2020: Verisk
The cyber liability market is forecast to reach $6.2m in written premiums by 2020, with growth rates of 20% to…
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Benelux
Maersk calls for more cyber cover in traditional P&C policies
Danish shipping and logistics company Maersk has recently purchased standalone cyber insurance for the first time, but is urging P&C…
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BI
BI risks rise for energy sector as supply chains intertwine, warns Marsh
Global energy firms face growing business interruption (BI) risks during the next ten years following changes to business practices, including…
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CRE Insurance
Market reacts negatively to AXA’s $15.3bn XL takeover
Ratings agencies and the stock market have responded negatively to AXA’s planned $15.3bn (€12.4bn) acquisition of XL Group, amid concerns…
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CRE Insurance
Companies must wake up to asymmetrical cyberwarfare, warns White House adviser
Risk managers and their organisations should pay more attention to the threat of “asymmetrical warfare”, which sees large-scale theft of…
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CRE Insurance
Multinationals struggling to cope with inconsistent cyber regulations: GFIA
Inconsistencies in global cybersecurity regulations are restricting mitigation efforts at multinational companies, according to the General Federation of Insurance Associations…
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CRE Insurance
Ratings agencies frown at AXA’s plans to finance $15.3bn XL bid
AXA’s financial strength ratings have been placed under review by both Moody’s and Fitch following the insurer’s $15.3bn bid to…
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CRE Insurance
Sompo launches specialty unit in Spain
Bermudan insurer Sompo International (SI) is setting up a European specialty insurance underwriting unit in Barcelona, Spain to underwrite management…
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CRE Insurance
Market reacts badly to AXA’s move for XL
The stock market did not react well to AXA’s planned $15.3bn acquisition of XL Group, because the 33% premium offered…
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Association News
Risk managers get chance to have their say as nominations open for 2018 awards
Nominations are now open for the 2018 European Risk Management Awards, organised by Ferma and Commercial Risk Europe, with risk…
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CRE Insurance
AXA to buy XL for $15.3bn
AXA said it has taken a “major leap forward” along its strategic journey, through the planned acquisition of XL Group for €12.4bn…
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Association News
Ferma calls for EU-wide database on climate change risks
Ferma has called on the EU to collect and provide better access to climate change risk data, in a position…
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Verisk rolls out EPIX platform to help deliver better energy risk transfer options
Verisk has launched a new platform to help insurers better manage complex energy exposures, with a tool for mapping the…
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CRE Insurance
Liberty Mutual unveils new structure of Global Risk Solutions business
Liberty Mutual has announced the operating structure of its recently formed Global Risk Solutions business, which brings together skills and…
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CRE Insurance
Pool Re extends terrorism retro cover to cyber losses
UK terror reinsurer Pool Re has extended its retrocession programme to include cyberterrorism losses, in line with changes to its…
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CRE Insurance
Aon names Dominic Christian as global Benfield chair with Julie Page taking over in UK
Aon has appointed Dominic Christian, former CEO of its UK operation, as global chairman of Aon Benfield. Mr Christian will…
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Africa
European commercial rates fall despite first global increase for five years: Marsh
Global commercial insurance rates rose for the first time in five years during the last quarter of 2017, almost exclusively…
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Africa
Oil price unlikely to be affected by geopolitical risk in 2018, predicts Maplecroft
Oil prices are unlikely to be impacted by geopolitical risk in 2018, according to risk analysis firm Verisk Maplecroft. It…
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CRE Insurance
UK insurance industry urges government to ‘get on with’ Brexit transition
Major players in the UK insurance industry are calling for “urgent progress” on post-Brexit transition plans, warning their government to…