Ben Norris
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CRE Insurance
UK P&I Club launches gaming app to boost loss prevention
UK P&I Club has launched a gaming app called Risk Ahoy, which offers players 38 levels through which to navigate…
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CRE Risk Management
Employee benefits unit rebrands as Psyon
Employee benefits company Punter Southall Health & Protection has rebranded its technology business, Risk Policy Administration, as Psyon. Psyon said…
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Africa
Insurtech focuses insurance industry on new customer solutions
Insurtech offers real opportunity for the insurance industry to deliver innovation and will provide risk managers with new solutions for…
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CRE Insurance
Insolvencies fall again in CEE region
Companies operating in central and eastern Europe (CEE), or trading with companies in the region, will welcome news that fewer…
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Africa
Wills Re poll shows concern over silent cyber exposure
The risk transfer industry is increasingly concerned by “silent” or unknown cyber exposures that fall under policies not specifically designed…
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CRE Insurance
No end in sight for soft insurance market as cycle bucks trend, says Guy Carp
The soft insurance market looks set for a good while yet as insurers buck previous cycle trends and things continue…
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CRE Insurance
Chubb chooses Paris as post-Brexit EU headquarters
Chubb plans to locate its EU headquarters in Paris if the UK leaves the EU as expected in March 2019.…
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Africa
Cargo theft behind 10% of TT Club’s claims costs as problem persists for insureds
Cargo theft accounted for 10% of all claims recorded by transport and logistics insurer TT Club during the past 10…
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CRE Insurance
Alternative capital and cat bonds break record
Alternative (re)insurance capital has again broken records in the year to June 2017 and now totals $88.8bn, with catastrophe bonds…
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BI
RMS: Hurricane Harvey to cost insurers up to $40bn
Hurricane Harvey’s insured loss estimates have risen to between $25bn and $35bn and could be as high as $40bn, according…
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BI
Irma and Harvey to hit insurance industry’s earnings but unlikely to shift global market conditions, say experts
Insured US loss estimates from Hurricane Irma have fallen as the storm headed west and reduced to a category 1…
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Association News
Finalists of European Risk Management Awards announced
The finalists of this year’s European Risk Management Awards’ Excellence in Customer Services categories, which aim to reward and promote…
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Association News
Airmic and insurance industry welcome Ogden Rate reform
The UK government has responded to pressure from the risk and insurance industry and will reform the way it sets…
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GRM Insurance
Markel to acquire electrical contractors insurance company
Markel International, the London-based specialist insurer, has announced that it is planning to acquire the business of EC Insurance Co…
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Association News
No rate increases for German buyers, says Mahnke
Increased capacity within industrial insurance from new carriers means German companies will continue to enjoy current market conditions and not…
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Association News
GVNW steps up lobbying effort to ease placement of global programmes
Non-admitted rules that ban insurers from writing industrial business in certain countries are still a major hassle for big companies…
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Association News
Solvency II interpretation threatens Germany as viable captive option: Mahnke
GVNW president Alexander Mahnke is concerned that the strict interpretation of captives under Solvency II in Germany means German companies…
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Cyber & Technology
German cyber market set for take-off as buyers seek €500m of cover
Large German companies are now looking for cyber cover of up to €500m as demand grows, according to experts from…
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Association News
German buyers keeping one eye on Brexit repercussions
German risk managers are not overly worried about the disruptive impact Brexit could have upon the London market and continuity…
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CRE Insurance
Mitsui Sumitomo committed to Germany and Europe for the long term
Japan’s Mitsui Sumitomo Insurance Group (MSG) is in Germany and Europe for the long run and vows to continue its…