Tony Dowding
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Asia
China: shorter credit terms for most sectors and rising payment risks, says Coface
Payment terms in China shortened by 11 days on average in 2020, falling to 75 days, while the distribution of…
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Benelux
Generali strengthens EU public affairs activities with Brussels representative office
Generali has opened a representative office in Brussels to be closer to the decision-makers in the EU. The insurer said…
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Analysis & Opinion
Developing solutions beyond risk transfer
Companies of all sizes are increasingly focusing on prevention, mitigation and resilience, as the impact of Covid-19, cyber risks and…
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CRE Insurance
LMA sets diversity target and appoints new board members
Four new board members have been appointed by the Lloyd’s Market Association (LMA). It has also set a target to…
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CRE Insurance
Pen Underwriting appoints head of D&O
Neil Bowdrey has been appointed to the newly created role of head of D&O at Pen Underwriting. The MGA said…
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CRE Insurance
Insurance Capital Markets Research launches new Lloyd’s equity index
A new Lloyd’s equity index has been launched by Insurance Capital Markets Research (ICMR). The ICMR (Re)Insurance Specialty Equity Index…
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Asia
India: Regulations issued for increase in FDI ceiling to 74%
The Finance Ministry has released the final rules for increasing the foreign investment ceiling from the current level of 49%…
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Global Risk Manager
McGill and Partners appoints partner to its portfolio solutions unit
Ken Lorber has been appointed as a partner specialising in portfolio solutions in the US by specialist broker, McGill and…
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Asia
Weak underwriting margin for Chinese non-life insurers to continue in 2021
Chinese non-life insurers’ overall underwriting margin will remain weak in 2021 despite the recovery of economic activity, according to Fitch…
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Captives
New legislation to strengthen Vermont’s captive regulation
Vermont has brought in new legislation designed to strengthen its captive regulation. According to the domicile, the changes include several…
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Africa
Africa Specialty Risks launches liability capacity
Africa Specialty Risks (ASR) has launched liability capacity with the appointment of Martin Boreham as head of liability underwriting. The…
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Cyber & Technology
Markel appoints managing director, global cyber underwriting executive
Kelly Castriotta has been appointed managing director, global cyber underwriting executive, Markel Corporation. According to Markel, in her new role…
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Global Risk Manager
US rates rose again in first quarter, but at lower rate, finds CIAB index
Premium rates in the US continued to rise in the first quarter of 2021, although at a slightly lower rate…
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Captives
UAE: New law expands services of DIFC entities to customers outside the centre
The UAE has issued a new law allowing entities based in the Dubai International Financial Centre (DIFC) to offer services…
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Asia
Thailand’s non-life insurance market grew in 2020 despite economic contraction
Thailand’s non-life insurance market expanded in 2020 despite the country’s Covid-19-driven economic contraction, according to AM Best. The expansion was…
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CRE Insurance
Lloyd’s to see improvement in 2021 but profitability is its weak link, says Moody’s
Profitability is Lloyd's’ weak link because of its volatile underwriting portfolio but the market will benefit from underlying improvement in…
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Asia
Ed Asia appoints director, developing markets
Elia Rahmita Price has been appointed as director, developing markets of Ed Asia. According to Ed, she will primarily focus…
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Global Risk Manager
New London-based underwriting agency for North American transportation business
A new UK-based underwriting agency has been officially launched, which deals in commercial motor and associated products in the US…
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Asia
RPC launches global insurance law specialist network
A new global legal network of six insurance law specialists has been launched by RPC. The network, Global Access Lawyers,…
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Asia
Howden’s analytics division establishes Asia operation
HX, the data, digital and analytics division of Howden Group, has established HX Asia, based at the group’s regional headquarters…