Ben Norris
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CRE Insurance
Chubb forms global cyber practice led by Bill Stewart
Chubb has made its global cyber risk practice a standalone business and named cyber industry veteran Bill Stewart as its…
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CRE People Moves
AGCS set to boost London engineering business
Allianz Global Corporate & Specialty (AGCS), Allianz Group’s dedicated carrier for corporate and specialty insurance business, has appointed Paul Smith…
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CRE Insurance
EIOPA steps in over insurers’ post-Brexit plans
Moves across Europe to simplify and fast-track (re)insurance companies relocating operations from the UK to remaining EU member states as…
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Benelux
Cunningham Lindsey adds renewable wind energy team in Netherlands
Loss adjusting firm Cunningham Lindsey has established a new team of renewable wind energy experts in the Netherlands, in response…
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CRE People Moves
RSG expands in Latin America with hire of Pascal Alvarez
Pascal Alvarez has joined Ryan Specialty Group (RSG) as president and CEO of the newly formed specialty financial lines managing…
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CRE Insurance
Willis Towers Watson expands financial solutions division with hire
Willis Towers Watson (WTW) has appointed Stephanie Pariot as a divisional director in its financial solutions division. The unit is…
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CRE People Moves
Willis Towers Watson appoints new global head of FINEX financial institutions business
James Jackson has been made head of FINEX financial institutions for Great Britain at broker Willis Towers Watson (WTW). The…
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CRE Insurance
Cyber breaches double for UK insurers
Data breaches reported by UK financial services companies increased by 23% this year, with insurance companies and financial advisers reporting…
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Asia
June’s catastrophe losses reach $5bn with hefty insurance bill in US
Natural catastrophes recorded global economic losses of more than $5bn in June, according to Aon Benfield’s Impact Forecasting in its…
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GRM Insurance
Ensurance UK secures Swiss Re underwriting deal
Ensurance Ltd, the Australian insurance group that specialises in online distribution, has announced what it describes as a “game-changing” deal…
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Executive & D&O
Ironshore opens M&A unit in Frankfurt
Ironshore International’s mergers and acquisitions and tax insurance unit has opened an office in Frankfurt, Germany through Ironshore Agency Ltd,…
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CRE Insurance
Marsh appoints John Doyle as CEO
Marsh has named John Doyle as its new CEO, following the recent departure of Peter Zaffino to AIG. Mr Doyle,…
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CRE Insurance
Zaffino to receive $15m signing-on fee at AIG
AIG’s new executive vice-president and global chief operating officer, Peter Zaffino, will receive a $23.5m pay package and $15m signing-on…
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GRM Insurance
AmTrust secures $400m loss development cover with Premia Re
AmTrust Financial Services has announced that it has entered into an agreement for a loss development cover worth $400m with…
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CRE Risk Management
CBI lobbies for single market and customs union transition in Brexit talks
The UK should remain in the European Union’s single market and customs agreement until a new trade deal is finalised…
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CRE Insurance
Insurance industry risk managers confident in GDPR compliance: AM Best
Risk managers at insurance companies are reviewing both their own firms’ compliance with the EU General Data Protection Regulation (GDPR)…
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CRE Insurance
Michel Liès to succeed Tom de Swaan as Zurich chair
Former Swiss Re CEO Michel Liès is set to become the next chairman of Zurich Insurance Group. Mr Liès is…
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CRE Insurance
Axis to buy Novae for £468m
Axis Capital is buying Lloyd’s insurer Novae for £468m, to create a $2bn London market specialty player. The Bermuda-based reinsurer…
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CRE Insurance
AIG poaches Marsh CEO Peter Zaffino
AIG has poached Marsh’s CEO Peter Zaffino to become executive vice-president and global chief operating officer. The move is one…
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CRE Insurance
PRA warns insurers about cyber risk management drill
Insurers have been urged to keep closer tabs on their cyber risk accumulation by the UK insurance supervisor. The Prudential…