Ben Norris
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Climate Change
Beazley launches Spanish operation
London-based international specialty insurer Beazley formally launches its Spanish operation at a reception in Madrid this evening, where brokers and…
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CRE Insurance
XL into the red as market-wide cat losses continue to filter through
XL Group has reported a net loss of $1.04bn for the third quarter of this year and a $637.3m loss…
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CRE Insurance
Confidence down at UK multinationals as risk ‘blindspots’ surface
As UK multinationals report a marked drop in confidence levels in response to political and economic upheaval driven, in part,…
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CRE Insurance
Lloyd’s lowers hurricane loss estimate but talks up rate increases
Lloyd’s has reduced its estimate for insured losses from Hurricanes Harvey and Irma to a combined $3.9bn, down from its…
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CRE Insurance
Zurich’s estimates $700m Q3 hurricane losses
Zurich Insurance Group has estimated losses of $700m in its third-quarter accounts from Hurricanes Harvey, Irma and Maria. The total…
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Association News
Risk managers welcome EC moves to boost cybersecurity and data flow
Ferma and leading member associations have welcomed wide-ranging measures proposed by the European Commission (EC) to beef up cybersecurity in…
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CRE Insurance
Time for insurers and startups to join forces
Traditional insurers and new startups should join forces to make innovative changes a reality in the insurance market, delegates were…
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CRE Insurance
Marsh recruits UK government cyber expert
Marsh has named UK government cyber specialist Dr Jamie Saunders as strategic adviser on cyber risk management. Working within the…
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CRE Insurance
RMS appoints executive for European expansion
Risk modelling firm RMS has appointed Dr Ludger Arnoldussen as senior managing director, in a move that extends its commitment…
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CRE Insurance
DAC Beachcroft appoints partner in global practice
Law firm DAC Beachcroft has appointed Matthew Olorenshaw as a partner in its global insurance practice and specialist in construction…
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CRE Insurance
Insurance Europe calls for access to GDPR data to improve cyber offering
The insurance industry needs more information on cyber risk to better deliver for clients, according to Insurance Europe. It suggests…
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CRE Insurance
Insured nat cat losses total $95bn, says Swiss Re
Swiss Re estimates insurance industry market-wide losses of $95bn from hurricanes Harvey, Irma and Maria and the Mexican earthquakes, with…
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CRE Insurance
£9bn of record £22.7bn London market premium at risk from Brexit: IUA
Close to £9bn of record London company market premium income of £22.7bn in 2016 would have been at risk under…
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CRE Insurance
Majority of firms unaware of GDPR’s full force with no compliance plan in place
Less than half of firms (45%) have a compliance plan in place to meet the EU’s forthcoming General Data Protection…
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BI
Marsh launches Resilience for UK mid-sized buyers
Marsh has launched a new insurance and risk management solution designed to simplify commercial insurance for mid-sized firms in the…
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Analysis & Opinion
Building a better trigger…
Parametric insurance products are increasingly being used as an alternative to traditional insurance to address the “protection gap” and increase…
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CRE Insurance
GDPR spurs board interest in cyber risk and transfer
The pending arrival of the European Union’s General Data Protection Regulation (GDPR) in May next year has moved cyber risk…
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CRE Insurance
UK terror threat sees ‘dramatic upshift’ says MI5 chief
The threat of terrorism is rising in the UK at the “highest tempo” for several decades, with anti-terror agencies facing…
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Africa
Piracy attacks down, but IMB identifies areas of concern
Piracy and armed robbery attacks against ships hit a five-year low during the first nine months of this year, with…
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Africa
Leading risk associations to work towards mutual certification recognition
Five of the world biggest risk management associations – Ferma, Rims, Alarys, Parima and Irmsa – have signed a letter…