Ben Norris
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Cyber & Technology
August 25, 2023
DDoS attacks already up 200% on whole of 2022, says Zayo
The number of Distributed Denial of Service (DDoS) cyberattacks is already 200% higher in the first half of this year…
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Market
August 24, 2023
Bloomberg Intelligence predicts third straight year of $100bn nat cat insured losses
A new report from Bloomberg Intelligence says that nat cat insured losses are on course to top $100bn for the…
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People Moves
August 21, 2023
Allianz Commercial names new head of distribution in London
Allianz Commercial has appointed Alastair Warren-Upham as head of distribution in the London market. In the newly created role, Warren-Upham…
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DACH
August 18, 2023
Sompo International names HDI’s Dittmann country head in Germany and Austria
Sompo International has appointed Malte Dittmann from HDI as country manager for insurance in Germany and Austria. He will take…
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ESG
August 17, 2023
Affordability and proving value biggest challenges for wellbeing support: GRiD
Employers have cited affordability as the biggest challenge in supporting the health and wellbeing of staff in a new survey…
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Legal & Regulation
August 17, 2023
S&P upgrades outlook for Munich and Swiss Re on back of hardening market and better primary results
S&P has upgraded its ratings outlook for Munich Re and Swiss Re on the back of improving performance buoyed by…
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M&A
August 11, 2023
Global insurance M&A drops ‘sharply’ in H1: Clyde & Co
Mergers and acquisitions (M&A) in the global insurance industry dropped “sharply” by 17% in the first half this year to…
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Market
August 10, 2023
AGCS sees profit and premium jump in first half
Allianz Global Corporate & Specialty’s (AGCS) operating profit increased to €479m in the first half of 2023 from €351m and…
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Market
August 10, 2023
Zurich maintains record profit as commercial rates rise 7%
Zurich saw its P&C gross written premiums and insurance revenue both increase 8% in the first half of the year,…
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Market
August 9, 2023
First half insured nat cat losses 54% above ten-year average: Swiss Re
Global insured nat cat losses reached $50bn in the first half of this year, 54% above the ten-year average of…
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Legal & Regulation
August 8, 2023
Ericsson shareholders sue for $170m-$300m over Iraq scandal: reports
Thirty-seven Ericsson shareholders are reportedly suing the Swedish telecoms firm for between $170m and $300m for allegedly failing to disclose…
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People Moves
August 8, 2023
Xceedance creates new EMEA and APAC role as it targets expansion
Xceedance, which provides technology and digital solutions, claims services, data and analytics to the insurance industry, has promoted Amit Tiwari…
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People Moves
August 7, 2023
Howden appoints Aon’s Green to property team
Howden has appointed Robert Green from Aon as executive director of property, where he will focus on serving European and…
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Market
August 7, 2023
PERILS raises insured New Zealand flood loss estimate to USD$1.21bn
Catastrophe data firm PERILS has now increased its insured loss estimate for floods that struck the North Island of New…
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Cyber & Technology
August 5, 2023
Risk managers have stepped up to the plate on cyber, says Marsh
Marsh’s Brian Warszona is very impressed by how quickly UK risk and insurance managers have stepped up to the plate…
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Cyber & Technology
July 27, 2023
Cyber rates fall by up 20% in UK with market set fair for 2023: Aon
Alistair Clarke, UK cyber broking leader at Aon, said there has been positive movement for cyber buyers in the UK…
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Captives
July 25, 2023
Ferma increasingly hopeful SII reforms will change landscape for captives
Ferma has told Commercial Risk that it is increasingly hopeful that the ongoing review of Solvency II will usher in…
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People Moves
July 25, 2023
Marsh names new specialty and global placement head as Clarke moves to WTW
Marsh has appointed its US leader Pat Donnelly as president of Marsh specialty and global placement as incumbent Lucy Clarke…
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Market
July 24, 2023
QBE ups cat budget after heavy losses and expects 10% price rises
QBE expects to achieve average rates increases of about 10% across its book this year but has increased its full…
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Market
July 21, 2023
The Hanover suffers heavy $262m Q2 cat losses
US insurer The Hanover has announced “significant” catastrophe losses in the second quarter of $262m and a projected combined ratio…