Tony Dowding
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Africa
Best sees potential for profitable growth for sub-Saharan reinsurers
Sub-Saharan Africa’s reinsurance market has expanded during the past decade as a result of steady real GDP growth and international…
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Pandemic
IAIS highlights role of supervisors in response to future pandemics
The response to future pandemics is likely to involve multi-stakeholder insurance-based programmes, and insurance supervisors could act as a bridge…
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Middle East
Independent unified insurance regulator to be established in Saudi Arabia
The authorities in Saudi Arabia have approved the establishment of an independent regulatory authority to oversee the insurance sector and…
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Middle East
Optio launches Dubai-based MGA and reinsurance broker
Specialty MGA Optio Group is to establish an MGA and reinsurance broker in Dubai, subject to final approvals from the…
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Middle East
QIC Global rebrands core companies as Antares
Specialty insurance and reinsurance firm QIC Global is to rebrand its core companies using the Antares name, creating a single…
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GRM Insurance
Global average annual insured losses from catastrophes to exceed $120bn, says Verisk
Catastrophes are expected to cause about $123bn in insured losses on an annual average basis globally, compared to an average…
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North America
Ascot launches new US miscellaneous professional liability unit
A new miscellaneous professional liability (MPL) unit has been launched by Ascot in the US. The new unit will provide…
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Captives
New assistant director of captive insurance in Vermont
Jim DeVoe-Talluto has been promoted to assistant director of captive insurance at the Vermont Department of Financial Regulation. DeVoe-Talluto replaces…
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Employee Benefits
US hospitality benefits captive launched by Hub International
Hub International has launched a benefits captive for hospitality employers in the US, and those with cross-border operations in Canada.…
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Asia
Super-typhoon Nanmadol losses manageable for Japan’s non-life insurers, says Best
AM Best expects insured losses from super-typhoon Nanmadol to be manageable for Japan’s non-life insurers. Best noted that the typhoon,…
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Employee Benefits
New Japanese partner for Zurich Global Employee Benefits Solutions network
Sompo Himawari Life Insurance (SHL), the life insurance company of Sompo Holdings in Japan, has joined the Zurich Global Employee…
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GRM Partner Content
Growing role for risk managers as diversity exposures rise
A new ISO standard can help organisations identify and tackle risks associated with diversity and inclusion, according to Zurich’s Julia…
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GRM People Moves
BPL Global appoints chairman and group CEO
Specialist credit and political risk insurance broker BPL Global has appointed a new chairman and a new group CEO. James…
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Asia
Hamann named chief executive officer of Aon Indonesia
Karl Hamann has been named chief executive officer of Aon Indonesia. He will be based in Jakarta and report to…
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Energy
Gallagher appoints CEO of energy practice
Julian Raven has been promoted to the role of CEO of Gallagher’s specialty energy practice. He is replacing Jonathan Smith…
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People Moves
SiriusPoint appoints active underwriter of Lloyd’s syndicate 1945
SiriusPoint has appointed Bobby Heerasing as active underwriter of Lloyd’s Syndicate 1945. He joined SiriusPoint in October 2021 with more…
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GRM News & Analysis
The networking alternative
Tony Dowding talked to Olga Collins, chief executive officer of Worldwide Broker Network (WBN), about what makes WBN different, with…
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Cyber & Technology
Travelers and Google Cloud develop ‘cloud-based data ecosystem’ for commercial insurance
The Travelers Companies and Google Cloud are working together to improve the commercial insurance underwriting process in the US. The…
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Cyber & Technology
US cyber risk MGA Resilience enters UK market
Resilience, a US managing general agent (MGA), focused on cyber risk, has launched a new operation in London in a…
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Construction
Rokstone MGA centralises power, construction and engineering teams
Speciality (re)insurance MGA Rokstone has centralised its power, construction and engineering teams into one central team for brokers. Three senior…
