Ben Norris
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GRM Insurance
Newline launches new affinity and special risks business
Newline Group has set up a new business line focused on UK and international affinity and special risks products. Led…
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CRE People Moves
Sompo Canopius boosts credit risk unit with another hire
Sompo Canopius has appointed Tim Watson as credit and political risk underwriter, in line with its plan to expand in…
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CRE Insurance
New Petya virus holds corporate networks to ransom
Cyber security experts have issued a fix for the widespread global cyber attack, thought to be a variant of the…
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CRE People Moves
Neon announces two underwriting appointments
Neon Underwriting, the Lloyd’s insurer owned by Great American Insurance Group, has strengthened its underwriting management team with the appointment…
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CRE Risk Management
EC fines Google record €2.4bn for anti-competitive behaviour
Google has been fined a record €2.42bn for breaching European Union (EU) antitrust rules. The European Commission (EC) levied the…
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GRM Insurance
Wells Fargo to sell commercial insurance business to USI
Wells Fargo & Co has announced that it is selling its commercial insurance operations to USI Insurance Services, the New…
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Association News
Companies must not freeze in face of bewildering array of risks: San Millán
Companies cannot allow the sheer range and scale of threats currently facing European businesses to deter them from taking risks…
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CRE Insurance
UK to seek ‘ambitious’ Brexit trade deal on insurance says minister
The UK Treasury will seek an “ambitious” insurance trade deal in Brexit negotiations and an early agreement on transition arrangements,…
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CRE Insurance
UK government plans new ILS regime by Autumn
The UK government has committed to implement an insurance-linked securities (ILS) regime to boost the London market’s competiveness by Autumn…
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CRE Insurance
Lloyd’s CEO wants insurance contracts to get special treatment post-Brexit
Lloyd’s CEO Inga Beale has called for insurance contracts between EU and UK parties to remain valid post-Brexit, via a…
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CRE Insurance
US P&C insurers suffer in Q1 on back of worst cat losses since 1994
US property and casualty insurers saw net income drop by 42.2% in the first quarter of this year and their…
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CRE Insurance
Anthem cyber breach faces record $115m settlement
A US court is considering a record settlement for a cyber breach, to the tune of $115m against Anthem Inc.…
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CRE People Moves
Marcell promoted to president of Aon Benfield
Andy Marcell has been appointed president of Aon Benfield with immediate effect. Previously head of strategy, Mr Marcell joined Aon…
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Aviation
New models to help insurers with clash risks
Catastrophe modelling firm Risk Management Solutions (RMS) and the Cambridge Centre for Risk Studies (CRS) are developing tools to help…
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CRE People Moves
Axis Insurance appoints E&S property head
Axis Insurance, a business segment of Bermuda-based Axis Capital, has appointed Marc Nance as executive vice-president, excess and surplus (E&S)…
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Global Risk Manager
New legal grouping to focus on specialty lines
A group of legal experts that focuses on specialty insurance law has been formed by law firms in seven countries.…
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GRM Insurance
Pen Underwriting unveils ‘enhanced’ specialist construction product
Pen Underwriting, the UK managing general agent owned by Arthur J Gallagher, has launched a modular insurance coverage for the…
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Association News
The busiest of years for Airmic chair
As the outgoing chair of airmic, Clive Clarke has had a somewhat busy year as the risk landscape changed apace.…
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CRE Risk Management
Eurozone boosts global growth forecasts: Fitch
Fitch Ratings predicts that global growth will soon reach its highest level since 2010. In its latest Global Economic Outlook,…
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CRE Insurance
HDI Global opens Bern office
HDI Global has opened a third branch office in Switzerland. The industrial insurance company said its new Bern office is…