Ben Norris
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CRE Insurance
Product recall risks and costs surge: AGCS
Product recall exposures have soared in the past ten years, with the average cost of a significant recall estimated at…
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CRE Insurance
Californian wildfires add $280m to Chubb’s Q4 cat losses
Chubb estimates fourth-quarter catastrophe losses of $320m pre-tax and $249m after tax, with wildfires in California expected to account for…
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CRE Insurance
Aon buys Swiss personal injury broker
Aon has acquired Swiss broker Unidelta, which specialises in personal injury management. The independent broker, based in Rapperswil, was founded…
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CRE Insurance
AGCS strengthens UK cyber team
Allianz Global Corporate & Specialty (AGCS) has promoted Yogesh Virji to lead its UK cyber team and appointed Hui Yu…
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CRE Insurance
Fears over delay in Ogden reforms
The UK government could delay changes to the discount applied to personal injury compensation awards, known as the Ogden rate,…
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CRE Risk Management
Corporate governance scandals throw light on policy management: survey
The majority of firms (55%) are unaware of policy breaches within their organisation, according to a new survey from MetricStream…
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CRE Insurance
Chubb adds new features to business traveller app
Chubb has enhanced its travel app for companies, which monitors the safety of employees while travelling for work overseas. The…
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Association News
Ferma president urges large firms to adopt cyber risk governance group
Ferma president Jo Willaert has urged all European companies to adopt the cyber risk governance model put forward by the…
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CRE Insurance
London insurers propose plan to ensure buyers can access EU and UK markets post-Brexit
The London insurance market has proposed a solution to ensure buyers in both Europe and the UK can continue to…
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CRE Insurance
London receives parliamentary approval for ILS hub
New regulations to drive London forward as a hub for insurance-linked securities (ILS) have been approved by a UK parliamentary…
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Benelux
Demand for cyber cover among SMEs on the rise in Benelux as GDPR deadline looms: AIG
Demand for cyber insurance and, more importantly in many cases, the associated risk analysis and management services that come with…
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Aviation
UK proposes new drone legislation to boost regulation and reduce risks
The UK government will put forward new drone legislation next spring that will require owners to register drones that weigh…
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CRE Insurance
Pool Re extends coverage to cyber-driven terror attacks
The UK’s terrorism reinsurance scheme Pool Re has confirmed it will extend cover from April 2018, to include damage and…
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CRE Insurance
Bank of England wants Brexit solution for cross-border insurance
The Bank of England (BoE) has warned that a political solution is needed to address continuity of cover for millions…
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CRE Insurance
Marsh rebrands UK SME broker acquisitions as Jelf
Marsh has announced that it will rebrand its recent small and medium-sized broker acquisitions in the UK as Jelf. Marsh…
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Benelux
Liberty Specialty Markets appoints Dutch D&O underwriter
Liberty Specialty Markets has appointed Bas Wijnhoven as senior underwriter for D&O and crime insurance in the Netherlands. Mr Wijnhoven…
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Asia
Reforms to boost insurance growth in India – Moody’s
India’s latest regulatory reforms have improved the ability of its primary insurers to take advantage of the country's strong economic…
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Asia
Chubb partners with PICC on Chinese multinational accounts
Chubb has entered into a strategic cooperation agreement with China’s biggest insurer, PICC, with the aim of supporting PICC’s customers…
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Association News
Change of approach needed to facilitate valuable board risk discussions
Board conversations on risk are often failing to add the value they should, and it requires a change in approach…
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CRE Insurance
Blockchain finds risk and insurance applications
The application of blockchain technology is still in its early stages, but its potential transformational benefits for risk managers and…