Ben Norris
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Analysis & Opinion
Advertorial: What’s a steering wheel?
In the past few months: a self-driving pod developed by Oxbotica made its debut in Milton Keynes, England; a self-driving…
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Global Risk Manager
Bermudian market records premiums of $92.3bn in 2016
Members of the Association of Bermuda Insurers and Reinsurers (ABIR) posted global net income of $10.2bn in 2016, with gross…
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CRE Insurance
FM Global to set up European hub in Luxembourg
FM Global has decided to set up a European hub in Luxembourg post-Brexit, to ensure full access to clients on…
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Asia
AIR Worldwide rolls out cyber risk model
A cyber risk modelling tool for commercial insurers has been released by AIR Worldwide, the cat risk modelling company. AIR…
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CRE People Moves
Liberty Specialty Markets names new broker head
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kerry McKay to the newly created role of…
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Association News
RIMS survey uncovers ‘unacceptable’ disruptive technology risk management
Risk managers need to increase their understanding of disruptive technologies and related threats, finds a joint survey by RIMS and…
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BI
Aon’s flagship survey reveals ‘worrisome’ fall in preparedness for leading risks
European companies’ preparedness for the top 10 risks they face has deteriorated and risk readiness of global firms is at…
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Aviation
AWAC to offer drone training to its clients
Clients of Swiss-based specialty insurer Allied World Assurance Company Holdings (AWAC) in the US can now get help with deploying…
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CRE Insurance
Alternus brings alternative capital to primary market
The Schinnerer Group has brought the first dedicated commercial insurance solution backed by alternative capital to market for retail clients…
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GRM Insurance
Barbican launches quote-and-bind portal for DUA business
Specialty insurer Barbican Insurance Group has implemented what it said is a pioneering new policy quote-and-bind portal, which will significantly…
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CRE Insurance
Munich Re and Beazley launch $100m cyber risk transfer option
Munich Re and Beazley have launched a cyber risk transfer option that offers up to $100m of capacity to large…
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CRE Insurance
Duperreault reportedly in running to become new AIG CEO
Former ACE chief Brian Duperreault is being considered as the new CEO of AIG, according to media reports. Citing sources…
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Aviation
City watchdog raids aviation brokers in antitrust probe
The Financial Conduct Authority (FCA) has launched an antitrust investigation into the aviation insurance broking sector. The Financial Times said…
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CRE Legal Regulation
DAS LawAssist extends ATE cover to IP and construction disputes
The after-the-event insurance division of the DAS UK Group has extended the cover of its civil and commercial litigation product…
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CRE People Moves
Willis Towers Watson reshuffles global FINEX senior management
Willis Towers Watson has announced a series of senior appointments across its global FINEX business – the company’s financial, executive…
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Global Risk Manager
Uptick in M&A insurance claims as big deals go sour
The frequency and severity of M&A insurance claims is growing, according to AIG, one of the largest writers of representation…
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CRE Insurance
Fed fines Deutsche Bank $156.6m for FX and other violations
The US Federal Reserve has fined Deutsche Bank $156.6m in civil penalties for foreign exchange (FX) misdemeanours and failing to…
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CRE Insurance
AIG expects $100m reserve addition from Ogden rate increase
AIG is the latest insurer to announce that a reduction in the UK’s Ogden rate, which sets the discount applied…
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CRE People Moves
Pioneer expands miscellaneous E&O division
Pioneer Underwriters has expanded its miscellaneous E&O division in the US with the appointment of Milan Devetak as senior underwriter…
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Global Risk Manager
AmWINS adds $500m gross premium with Partners Specialty acquisition
AmWINS Group, the biggest US wholesale broker, is to acquire Partners Specialty Group LLC. The resulting specialty insurance broker will…