Sarah Collins
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Cyber & Technology
October 11, 2022
Lloyd’s to restore systems after cyber investigation
Lloyd’s said its systems will be back online by Wednesday, after an investigation into a possible cyberattack concluded no evidence…
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CRE People Moves
October 11, 2022
Intact Global Specialty appoints O’Leary to drive European growth from Luxembourg base
Intact Financial Corporation, the biggest P&C insurer in Canada which acquired UK-based RSA last year as part of its ambitious…
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Marine
October 11, 2022
Skuld explains risk and insurance implications of latest EU sanctions on Russia
Oslo-based protection and indemnity club Skuld has published new guidance for members that explains the key risk and insurance implications…
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CRE Legal Regulation
October 10, 2022
Air France and Airbus stand trial for involuntary manslaughter over 2009 crash
A trial is due to open in Paris today against Air France and Airbus on charges of involuntary manslaughter, after…
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CRE Legal Regulation
October 10, 2022
Europe’s risk managers face up to latest ‘hard-hitting’ sanctions on Russia
The European Commission (EC) has welcomed the European Council’s adoption of what it describes as a set of “hard-hitting” sanctions…
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ESG
October 10, 2022
BMS pledges to offset GHGs emissions for past four years
Broker BMS Group said it will offset greenhouse gas emissions (GHGs) from its offices, employees working from home and business…
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Market
October 10, 2022
CoreLogic estimates hurricane Ian insured losses as high as $53bn
CoreLogic said insured losses from hurricane Ian could be as much as $53bn. The data and analytics company said new…
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Market
October 10, 2022
RMS says $67bn best estimate for hurricane Ian losses
Insured losses from hurricane Ian will sit between $53bn and $74bn, according to the latest estimate from RMS, with a…
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CRE Legal Regulation
October 10, 2022
EU focuses budget meeting on building ‘strategic autonomy’
The EU will focus on the role of its budget to support Europe’s geopolitical position and in particular build up…
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Reinsurance
October 5, 2022
Hurricane Ian and inflation complicating property reinsurance market
Macroeconomic factors such as inflation will exacerbate insured losses from hurricane Ian and the mismatch in supply and demand in…
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Reinsurance
October 5, 2022
Hurricane Ian could be a capital event for reinsurers
Hurricane Ian could be a capital event for reinsurers, according to industry experts attending the American Property Casualty Insurance Association…
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CRE Legal Regulation
October 5, 2022
FCA publishes review of BI claims handling as data shows £1.5bn paid out after test case
Insurers that made interim payments to business interruption (BI) policyholders during the Covid-19 pandemic have been held up as examples…
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M&A
October 5, 2022
Aston Lark acquires Irish broker Pembroke Insurances
Broker Aston Lark Ireland, part of the Howden group, has acquired Irish commercial broker Pembroke Insurances. Robert Kennedy, CEO of…
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CRE Legal Regulation
October 5, 2022
Consistency of cross-border regulation key priority for Eiopa
Europe’s risk and insurance managers will welcome a plan for more consistent, sound and efficient prudential supervision as one of…
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Cyber & Technology
October 5, 2022
DeNexus launches ‘second-generation’ cyber risk platform
Cyber risk modelling firm DeNexus has launched a new version of its cyber risk management tool to help industrial buyers…
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CRE Legal Regulation
October 5, 2022
EC approves €2bn state-backed Italian trade credit scheme to cope with war impact
The European Commission (EC) has approved, under the bloc’s state aid rules, a €2bn Italian scheme for the reinsurance of…
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CRE Insurance
October 5, 2022
Dutch insurers prove ‘resilient’ in H1 despite pressures: Fitch
Fitch Ratings says the Dutch insurance sector showed resilience in the first half of this year, despite mounting macroeconomic pressures.…
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GRM Legal & Regulation
September 28, 2022
US banks fined $2bn for failure to keep records
Wall Street banks are to pay penalties totalling more than $2bn for failing to maintain and preserve electronic communications. The…
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ESG
September 28, 2022
Insurance sector’s Dive In Festival finds mental health and gender equity needed to improve diversity
A survey of 20,500 insurance industry professionals as part of the launch of the Dive In Festival 2022 found mental…
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CRE Legal Regulation
September 28, 2022
BoE will not enter regulatory ‘race to the bottom’ to win business
The Bank of England (BoE) has said it will not engage in a “regulatory race to the bottom” to attract…