Ben Norris
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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…
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Analysis & Opinion
Common law liabilities for pollution in the UK
Anyone familiar with environmental liability will understand how heavily laden the subject is with regulation. Amid the excitement of the…
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Wallin identifies protectionism as biggest risk for reinsurance sector
Ulrich Wallin, CEO of Hannover Re, the world’s third largest reinsurance group, believes the rise of protectionism and pressure on…
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CRE Insurance
Liability cat models could reduce exclusions
The development of forward-looking liability models should result in broader cover with fewer exclusions, according to cat modelling firm Praedicat.…
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BI
Terror and cyber attacks boost demand for crisis cover
Insurance buyers are increasingly turning to crisis management solutions from insurers as they seek to manage fast-evolving security and cyber…
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Analysis & Opinion
Fool for five minutes, or forever?
The inability to deliver a product or service to the customer as promised and agreed is the biggest risk that…
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GRM Insurance
Atradius unveils online credit management portal
Trade Credit insurer Atradius has launched Atradius Atrium, its new credit management portal. The Oracle-based portal is being introduced between…
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GRM Insurance
Randall and Quilter to sell Lloyd’s managing agency to Coverys
R&Q Investment Holdings has agreed to sell the entire share capital of its Lloyd's managing agency, R&Q Managing Agency, to…