Ben Norris
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CRE Insurance
Swiss Re Corporate Solutions opens new UK regional office
Swiss Re Corporate Solutions has opened an office in Manchester to strengthen its regional presence in the UK commercial insurance…
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GRM Insurance
Hudson Structured and MultiStrat complete workers’ compensation LPT
Investment manager Hudson Structured Capital Management has invested $20.1m in preferred shares in a reinsurance vehicle that will assume $35.3m…
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CRE Insurance
S&P revises AIG’s rating outlook to negative on back of P/C performance
S&P has revised its outlook on AIG to negative from stable, citing below par performance in its commercial property and…
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CRE Insurance
False sense of security over cyber risk following GDPR delays
Delay in the adoption and implementation of the EU’s General Data Protection Regulation (GDPR) means some risk managers have potentially…
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Hudson Structured and MultiStrat complete workers’ compensation LPT
Investment manager Hudson Structured Capital Management has invested $20.1m in preferred shares in a reinsurance vehicle that will assume $35.3m…
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CRE Insurance
UK firms lack cyber-savvy workforce to protect against security threats: Willis survey
The majority of UK businesses feel they are protected from cyber attacks but there is a worrying lack of awareness…
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Energy
MarketScout sells workers’ comp unit to fund insurtech expansion
MarketScout, the Dallas, Texas-based insurance exchange and managing general agent (MGA), has sold its workers’ compensation MGA to Specialty Program…
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Asia
Terror attacks in France and Australia following London atrocity
Following the weekend’s terrorist attack in London, further suspected terrorist incidents have been reported in France and Australia. Political risk…
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Climate Change
XL Catlin boosts international pollution liability unit
XL Catlin has announced the promotion of Adias Gerbaud to head its international environmental unit. In her newly expanded role,…
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CRE People Moves
Sompo Canopius expands trade credit offering with new hires
Sompo Canopius has announced that it is establishing a new book of excess of loss short-term trade credit business, and…
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Energy
Arma Underwriting opens for business in Dubai
Dubai-based Arma Underwriting, the recently formed Lloyd’s coverholder, has received full approval from all regulators and commenced operations. Arma, which…
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GRM Insurance
AmWINS completes acquisition of Partners Specialty
AmWINS Group, the global distributor of specialty insurance products and services, has completed the acquisition of Partners Specialty Group, the…
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BI
ABI tells BA fliers to claim from the airline, not insurers
The Association of British Insurers (ABI) is advising consumers to seek redress from British Airways (BA), amid concerns that BA…
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CRE Insurance
Closing date for European Risk Management Awards draws near
The 28 July closing date for entries into this year’s European Risk Management Awards, hosted by Ferma and Commercial Risk…
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CRE Insurance
Buyers lobby for post-Brexit access to London market
UK insurance and risk management bodies are lobbying to keep insurance markets as open as possible following Brexit, but some…
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Global Risk Manager
Accelerated rate reductions at Florida P&C reinsurance renewals
Reinsurance rates for Florida’s property and casualty (P&C) business fell for the sixth year at 1 June renewals, with the…
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CRE People Moves
XL Catlin expands structured risk team with New York hire
XL Catlin is extending its structured risk underwriting capabilities to the US and has hired Aiden Joo as senior underwriter…
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CRE People Moves
Pioneer expands engineering unit, appoints underwriter
Pioneer Underwriters has announced the appointment of Dan Watson as an underwriter in its engineering division. Mr Watson reports directly…
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CRE People Moves
Dale Underwriting announces contingency and sports personal accident capability
Dale Underwriting Partners, managed by Lloyd’s third-party managing agency Asta, has unveiled its new contingency and sports personal accident business.…
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Aviation
Marsh air finance insurance product takes off
Marsh has announced the launch of Aircraft Finance Insurance Consortium (AFIC), which will underwrite a non-payment insurance product for lenders…