Ben Norris
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Global Risk Manager
Randall & Quilter sells captive operations to Davies for $18.6m
Randall & Quilter Investment Holdings (R&Q) has sold its insurance services and captive management operations to Davies Group. The transaction…
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CRE Insurance
Blockchain set to take pain out of global programmes
Blockchain technology, which has been shown to significantly reduce the administrative burden for risk managers designing multinational programmes and enhance…
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CRE Insurance
FM Global CEO Lawson takes on chairman role
President and CEO of FM Global, Thomas Lawson, has added chairman to his title after he was elected by the…
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CRE Insurance
Chubb appoints for new A&H Europe role
Chubb has appointed Veronique Brionne to the new role of senior vice president for accident and health (A&H) in continental…
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CRE Insurance
CNA Hardy names CEO of new Luxembourg subsidiary
Commercial insurer CNA Hardy has appointed Stuart Middleton as CEO of its new Luxembourg subsidiary. The appointment follows CNA Hardy’s…
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CRE Insurance
UK regulator aims to reduce Solvency II reporting burden
The UK’s Prudential Regulation Authority (PRA) has published a consultation paper (CP) proposing a number of regulatory changes it says…
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Benelux
Losses from storm Eleanor/Burglind up to €1.6bn: AIR
Insured losses from winter Storm Eleanor, also known as Storm Burglind, will range between €1.1bn and €1.6bn, according to estimates…
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CRE Insurance
UK regulator slaps Carphone Warehouse with large cyber breach fine
Carphone Warehouse has been fined £400,000 by the UK’s Information Commissioner’s Office (ICO), for failing to protect customer data from…
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Asia
AGCS appoints Lars Vissing as head of claims in London
Allianz Global Corporate and Specialty (AGCS) has appointed Lars Vissing as head of claims, regional unit, London. From a dual…
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CRE Insurance
BIBA rolls out trade credit insurance scheme
British broker association BIBA has partnered with CMR Insurance Services to provide its members with access to trade credit insurance…
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CRE Insurance
Aon appoints head of legal for finpro
Aon has named Edward Smerdon as head of legal and technical in its financial and professional services division at its…
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Global Risk Manager
XL Group reveals Q4 catastrophe losses and DTA charge
Bermuda’s XL Group has announced preliminary estimates of natural catastrophe net losses of $45m related to the recent wildfires in…
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Global Risk Manager
Beach announces acquisition by Acrisure
The broker Beach & Associates said an agreement has been reached under which US broker Acrisure LLC will acquire 100%…
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Global Risk Manager
Jain and Abel lined up for top jobs at Berkshire Hathaway
Warren Buffett, Berkshire Hathaway’s chairman and CEO, has appointed Gregory Abel and Ajit Jain to be the conglomerate’s vice-chairmen, signposting…
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CRE Insurance
Rate increases likely to be shortlived
Commercial insurance and reinsurance rates increased at the January renewal, but an influx of capital means price rises may not…
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Association News
Ferma and insurers on watch as EC paves way for more EU-wide class actions
The European risk management and insurance industries are beefing up lobbying efforts in response to the planned introduction of new…
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CRE Insurance
LSM names head of European claims for non-London business
Liberty Specialty Markets (LSM) has appointed Renske Franken-le-Clercq as head of European claims for commercial and specialty business. Ms Franken-le-Clercq…
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CRE Insurance
XL Catlin appoints team for M&A insurance surge
XL Catlin has appointed Simon Price as head of merger and acquisition insurance in the EMEA region. The company also…
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CRE Insurance
Willis Re adds silent cyber losses to modelling tool
Willis Re has updated its cyber risk portfolio modelling tool, PRISM-Re, to include silent cyber losses. The update will allow…
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Association News
Airmic welcomes Pool Re’s cyber extension
Airmic has welcomed Pool Re’s move to extend terrorism cover to include damage and direct business interruption losses from cyber-driven…