Ben Norris
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BI
More progress needed on business interruption coverage
Progress has been made on business interruption policies in recent years but there remains a long way to go to…
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CRE Risk Management
IRM welcomes UK government cyber security initiative for schools
The Institute of Risk Management (IRM) has welcomed a £20m UK government initiative to educate school pupils about cyber risk…
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CRE Insurance
Barbican names Graeme King as head of cyber division
Barbican Insurance Group has appointed former Allianz man Graeme King as head of its cyber division. It has also named…
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CRE Insurance
Aon posts stable yearly results but income down in Q4
Aon posted a 1% increase in net income to $1.4bn and a 3% rise in revenue to $11.6bn last year.…
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CRE Insurance
Aon sells employee benefit admin and HR outsourcing business to Blackstone
Aon has struck a deal to sell its benefits administration and human resources outsourcing business to Blackstone in a deal…
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Captives
Tennessee reports record year for captive licences
Tennessee licenced a record 104 risk-bearing entities in 2016, comprising 30 pure captives, five protected cell companies, one association captive,…
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Association News
Ferma and Ifrima step up campaign to defend captives to OECD
The European and international risk management community has invited Pascal Saint-Amans, director of the centre for tax policy and administration at…
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Association News
AMRAE on track as cyber tops agenda for 2017: Bouquot
Brigitte Bouquot, president of AMRAE, says that the French risk management association is on track with its big plan to…
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Insurance
Aon expected to announce $4.8bn sale of benefit outsourcing business
News agency Reuters has reported that Aon has agreed to sell its employee benefits outsourcing business to private equity firm…
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CRE Insurance
Revenues up but profits down at Mapfre Global Risks
Mapfre Global Risks, the Spanish insurance group’s operation dedicated to the large corporate market, reported healthy premium growth in 2016…
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CRE Insurance
Willis reports 50% drop in profits during first year post-merger
Willis Towers Watson has reported significantly reduced profits for full-year 2016, on the back of a 5% increase in revenues.…
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CRE Insurance
Insurers count weather losses for ‘active’ January
Winter storms in both Europe and the US made January 2017 one of the most active for global natural catastrophes…
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CRE Insurance
Greco announces big turnaround at Zurich
Mario Greco appears to have woven his magic at Zurich since rejoining the group in March of last year as…
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Insurance
Aspen reports loss in Q4 as insurance business restructured
Aspen Insurance, the Bermuda-based insurance and reinsurance group, today reported a net loss of $71.5m and operating loss after tax…
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Insurance
Markel earnings hit by catastrophes and reserve deterioration
US insurer and reinsurer Markel Corporation reported a 22% fall in net earnings from $582.8bn to $455.7m for 2016 following…
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Association News
Ferma urges risk managers to complete business travel risk survey
Ferma is calling on Europe’s risk managers to take part in an online survey on the changing risks that organisations…
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CRE Insurance
Enstar takes on RSA’s £834m UK liability book
RSA Insurance Group has reinsured its UK employers’ liability legacy business in a £799m “risk clean-up” deal with Bermudian insurer…
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CRE Insurance
New London e-platform gains momentum
A total of 1,600 risks have been placed using the London market electronic trading platform PPL since it launched in…
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CRE Risk Management
EC cranks up pressure on VW over compensation
The European Commission (EC) is stepping up its efforts to persuade Volkswagen to compensate European motorists affected by the emissions…
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CRE Insurance
Virtual terrorism and CBRN threat grows
Islamic terrorists are moving online as they come under increasing pressure on the ground, according to a report by UK…