Ben Norris
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GRM Insurance
Munich Re invests $29m in SME insurtech start-up
Next Insurance, the Californian online insurance startup that targets small to medium-sized businesses, has raised $29m in a Series A…
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CRE Insurance
Cat losses send US P&C insurers’ underwriting into the red
US property and casualty insurers recorded a $4.7bn underwriting loss last year, turning a 2015 profit of $8.9bn on its…
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CRE Insurance
London market weighs heavily on Hiscox Q1 result
Hiscox first quarter results were dragged down by conditions in its London market segment, the specialist insurer has said in…
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Insurance
AmTrust Q1 result dented by cat losses and charges
AmTrust Financial Services, Inc, the US-based specialty insurer, announced first quarter 2017 net income of $22.6m, compared with $84.0m in…
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CRE Insurance
Chubb enhances financial lines covers in the UK and Ireland
Chubb says that it has enhanced two of its key financial lines wordings – Elite D&O and Elite Commercial Crime…
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CRE Insurance
Hiscox chooses Luxembourg for EU retail business
Hiscox has confirmed that it will set up a new subsidiary in Luxembourg as the UK negotiates its way out…
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CRE Insurance
Insurance market missing opportunity to help with cyber risk assessment and treatment
Insurers and brokers must work harder to explain cyber risk exposures and mitigation steps to risk managers in black and…
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Africa
Regulations and lack of adequate local insurers causing headaches for multinationals in Africa
Multinationals operating in Africa face a myriad of challenges to place compliant and cost-effective insurance, including finding adequately rated local…
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CRE People Moves
AGCS appoints energy underwriter in London
Allianz Global Corporate & Specialty (AGCS) has appointed Zoe Massie as offshore energy underwriter. Working in the energy team in…
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CRE Risk Management
UK pension liabilities reduce by £2.5bn on new mortality forecasts
Pension scheme liabilities in the UK could be reduced by as much as £2.5bn for FTSE 350 companies as mortality…
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CRE Insurance
HDI Global appoints UK & Ireland claims director
HDI Global has created a new director of claims for UK and Ireland role, appointing John McCammon to the position.…
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CRE Insurance
Chubb completes European integration
Chubb has completed the integration of its European businesses following the Chubb and ACE deal in January 2016. Although ACE…
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Cyber & Technology
Annual insured US data breaches could top $5bn: RMS
Insurable losses from cyber data breaches in the US could top $5bn each year, according to a new report from…
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Global Risk Manager
International CRB growth offsets US decline at Willis
Total revenues at broker Willis Towers Watson (WTW) were $2.3bn for the first quarter of 2017, an increase of 4%…
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Cyber & Technology
New management liability products from Beazley address EU risk
Beazley has released two sets of products for organisations domiciled outside the US, one designed for the specific cyber needs…
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CRE People Moves
Chubb adds to UK life sciences team
Chubb is growing its life science team in the UK and Ireland, by expanding its specialty casualty insurance capabilities for…
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CRE People Moves
New PI underwriter at ArgoGlobal
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Paul Harris as professional indemnity underwriter. He takes up…
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CRE Insurance
Willis poaches Hiscox political risk veterans
Willis Towers Watson has recruited Claire Simpson and Victoria Padfield to its Political Risk and Trade Credit team in London…
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CRE Insurance
Liberty denies Pembroke sale post Ironshore acquisition: No change for Europe
Liberty Mutual has allegedly denied the rumours that it plans to sell Lloyd's agency Pembroke that arose with the $3bn…
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CRE Insurance
AIG returns to profit in first quarter
AIG posted better than expected earnings in the first quarter, helped by cost cutting and lower catastrophe losses. It follows…