Ben Norris
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CRE Insurance
Insurers look to rolling and longer-term contracts to reduce renewal burden
Insurers are making efforts to reduce the time and workload involved in annual renewals by offering longer-term contracts and experimenting…
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GRM Insurance
Beazley to expand further in European markets
Beazley posted first half pre-tax profits of $158.7m, up 6% on the same period in 2016. Gross premiums, at $1,149.3m,…
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Asia
Insured nat cat losses of around $22bn in H1 well below ten-year average
Insured losses from natural catastrophes totalled $22bn in the first half of 2017, according to Aon Benfield’s Impact Forecasting, with…
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CRE People Moves
Everest names new addition to political risk insurance team
Everest Re Group has announced that Joe Martin has joined the Everest Insurance credit and political risk team in New…
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Geopolitical
XL Catlin opens political risk office in Washington D.C.
XL Catlin’s political risk, credit and bond (PRCB) insurance team has added a new office to its global network, which…
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BI
Insurance industry must get on top of connected risks to better deliver for clients
The insurance market is facing an existential threat from changing and connected risks and must rapidly change its approach in…
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CRE Insurance
Insurers urged to radically change approach to cyber and shift focus to risk not line of business
Insurers must rethink their approach to cyber risk insurance, according to a new research report by KPMG, which warns that…
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Association News
Full steam ahead for Italy’s rimap certification initiative as Anra steps up
The Italian risk management community has embraced Ferma’s rimap risk management certification programme with open arms, and some 90 individuals…
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CRE Insurance
Fenchurch Law boosts disputes team
London-based Fenchurch Law, which specialises in insurance disputes and works solely on the buyer side, has appointed Tom Hunter as…
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GRM Insurance
JenCap to acquire Special Risks Facilities
New York-based JenCap Holdings has agreed to acquire privately held Special Risks Facilities (SRF), a managing general agent (MGA), contract…
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GRM Insurance
Aquila’s SART gains Lloyd’s coverholder status
SART Specialty, the Hong Kong managing general agent (MGA) that was established in 2008 and is a member company of…
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CRE Insurance
FedEx confirms material losses and no insurance cover for Petya attack
Global delivery company FedEx said losses from last month’s ransomware attack that brought down systems at its TNT Express division…
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CRE Risk Management
International SOS launches employee tracker tool
Travel assistance company International SOS, together with Control Risks, has launched a new service that allows companies to track the…
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CRE People Moves
Ed expands A&H team with director appointment
Ed, the global reinsurance, wholesale and specialty broker, has announced the appointment of Roshan Choolhun as divisional director of its…
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Aviation
Allianz announces online aircraft insurance partnership with Visicover
Allianz Global Corporate & Specialty (AGCS) has partnered with award-winning insurtech company, Visicover. Visicover will now offer its existing and…
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CRE People Moves
Renewables insurer GCube poaches duo from RSA
Specialist renewable energy insurer GCube Underwriting has recruited Steve Allen and Adam Hearn to the posts of director and senior…
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CRE Insurance
Cyber attack could cause $53bn loss on par with major storm such as Sandy: Lloyd’s
Losses from a major global cyber attack could be on the scale of a major natural catastrophe such as Superstorm…
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CRE Insurance
Axis Capital sets up Lloyd’s managing agency
Bermudian (re)insurer Axis Capital will establish its own managing agency at Lloyd’s, following final approval from regulators as part of…
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Association News
BBC Europe editor Katya Adler to provide Brexit speech at European Risk Management Awards
Commercial Risk Europe and Ferma are pleased to announce that BBC Europe editor, Katya Adler, will provide a keynote address…
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CRE People Moves
Nexus Group acquires trade credit MGA Equinox
Specialty managing general agent (MGA) Nexus Group has acquired Equinox Global Ltd, the Lloyd’s coverholder, along with all other Equinox…