Chris Morrish
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Cyber & Technology
South Africa has third-highest number of cyber victims worldwide
South Africa has the third-most cybercrime victims in the world, losing ZAR2bn a year. That was the shocking figure cited…
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Captives
Captives proving their worth in hard market, say North American risk managers
When Vale S.A. found insurers unwilling to lead coverage on a large and increasingly unpopular risk, the Brazilian mining company…
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Association News
Pandemic layoffs could result in litigation surge in Canada
Employers in Canada may be facing a surge in lawsuits charging that they mishandled widespread layoffs during the Covid-19 pandemic,…
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BI
Australian businesses lose BI Covid-19 test case
Australian businesses have lost a test case challenging insurers that denied payments for Covid-19 losses under their business interruption (BI)…
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Risk Management
Vaccine supply chains top target for cybercriminals
Vaccine supply chains and other potential vulnerabilities created by the Covid-19 pandemic are top targets for cybercriminals aiming to steal…
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Cyber & Technology
Ransomware attacks ‘avoidable’, says UK cybersecurity head
Many of the recent cyberattacks that have hit the headlines were avoidable, said head of the UK’s National Cyber Security…
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Insurance
Arch Capital estimates Q3 cat losses of up to $345m
Arch Capital Group said claims from Hurricane Ida and flooding in Europe have driven its Q3 catastrophe losses to between…
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People Moves
Arch Insurance appoints AXIS CRO Tom Rivers
Arch Insurance International has appointed Tom Rivers as chief risk officer. Rivers joins Arch from AXIS Managing Agency where he…
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CRE Insurance
Brokers raise concerns over Marsh’s role in UK’s live events reinsurance scheme: FT
The Financial Times newspaper has reported that the new UK government-backed reinsurance scheme for live events will be run by Marsh…
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Insurance
Insurance Europe calls for UK extension to EU access regime
The UK’s temporary register that allows European re/insurers to continue to access the UK market, which replaced passporting rights when…
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Cyber & Technology
Aon tackles Europe’s ‘impossible’ cyber placements with Ransomware Defence launch
Aon said mid-market businesses in the UK and EMEA struggling to buy cyber insurance can improve their insurability with the…
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Pandemic
Judge says Metallica’s Covid-19 lawsuit against Lloyd’s can proceed
A Los Angeles state court has refused to dismiss pandemic-related event cancellation litigation filed by heavy-metal band Metallica, despite a…
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People Moves
Sedgwick appoints Hasson to head Europe financial risks team
Sedgwick has appointed Ian Hasson as executive major and complex loss adjuster and director of its financial risk team in…
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Insurance
New Dawn Risk launches European subsidiary in Malta
Specialty broker New Dawn Risk has launched a new European subsidiary, which will be headquartered in Malta. New Dawn Risk…
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Emerging Risks
Human rights features added to GRI reporting standards plus first sector standard for oil and gas
Risk standard-setter GRI has rolled out revised and strengthened reporting standards used by more than 10,000 companies, which it said…
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Market
UK probes Gallagher bid for Willis reinsurance business
The UK competition regulator has opened an investigation into Arthur J Gallagher’s proposed acquisition of Willis’s treaty reinsurance business. The…
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Insurance
Berkshire Hathaway creates new Europe and UK roles amid growth
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its leadership team after it announced rapid growth in the UK and Europe…
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RM News
TigerRisk moves Bredahl into CEO seat as Fox steps aside for exec chair role
Risk adviser TigerRisk Partners has named Rob Bredahl as CEO to take over from Rod Fox, who has become executive…
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CRE Insurance
Howden sets sights on market-leading position in Switzerland with BCZ deal
Howden has acquired Swiss intermediary BrokerCenterZürichsee AG (BCZ), which it said will provide it with a platform for strategic growth…
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Climate Change
Seventy percent of FTSE 100 do not disclose TCFD climate change risks: Marsh
Only 30% of FTSE 100 companies disclose climate change risk in line with the Task Force on Climate-related Financial Disclosures…
