Tony Dowding
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Asia
Chaucer launches new ‘Belt and Road’ consortium at Lloyd’s
A new ‘Belt and Road’ consortium has been launched at Lloyd’s by Chaucer that will initially underwrite political violence risks,…
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Asia
South Korea’s major insurers to stop underwriting new coal power
South Korea’s three major non-life insurers have told Reuters they will no longer provide coverage for new coal power projects,…
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Asia
Most expensive cities for international employees revealed
There are some surprising entries in the 2021 Cost of Living City Ranking from Mercer, which multinationals might be interested…
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Asia
Generali to acquire AXA’s Malaysian insurance operations
AXA is to sell its sell its insurance operations in Malaysia to Generali. The operations include AXA’s 49.99% shareholding in…
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CRE Insurance
LMA introduces new delegated authority model to boost business
A new model for delegated authority business has been revealed by the Lloyd’s Market Association (LMA). According to the LMA:…
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Climate Change
New environmental liability guide from IUA
The International Underwriting Association (IUA) has published a new environmental liability guide, which underlines that general liability policies provide extremely…
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Asia
Insurance Europe calls for removal of trade and market access barriers
A number of trade and market access barriers that European (re)insurers face in Argentina, Brazil, Canada, India and Indonesia should…
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Asia
DLA Piper hires insurance and class action partner in Australia/UK
DLA Piper has hired insurance and class action specialist Tricia Hobson from Norton Rose Fulbright. She will join DLA Piper’s…
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CRE Insurance
Baden-Baden reinsurance meeting to take place in person
This year’s Baden-Baden reinsurance meeting is to take place in person, on 17-21 October 2021. The organisers said that after…
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Global Risk Manager
New CEO for Liberty Specialty Markets Bermuda
Nicholas Garside has been appointed to the newly created role of chief underwriting officer of Liberty Specialty Markets Bermuda (LSM…
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Cyber & Technology
US cyber premiums grew 21% in 2020 amid increased loss ratios, says Aon
US cyber insurance continues to grow significantly, with direct written premiums increasing by 21% in 2020, according to Aon’s annual…
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CRE Insurance
Top 20 brokers account for half of global broking revenues
The world’s top 20 insurance broking groups accounted for just over half of global insurance broking revenues in 2020, according…
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Analysis & Opinion
Global insurance programmes: providing added value in the Covid-19 era
Global insurance programmes offer significant benefits, from protecting employees to helping companies to sustain and further develop their businesses. Shiwei…
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Global Risk Manager
US commercial insurance pricing increases slow in first-quarter 2021
US commercial insurance prices increased significantly again during the first quarter of 2021, but the increases are starting to slow,…
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Global Risk Manager
Warren Mula to join McGill and Partners from Aon Risk Solutions
McGill and Partners has appointed Warren Mula as non-executive director of McGill Global Risk Solutions and strategic adviser to McGill…
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Asia
Crawford & Co establishes Japan desk in Bangkok
Crawford & Company has launched a Japan desk in Bangkok, Thailand. According to the company, the Crawford Japan desk provides…
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CRE Insurance
Eiopa ‘should act within the boundaries of its explicit mandate’, says Insurance Europe
The role of the European Insurance and Occupational Pensions Authority (Eiopa) is not to influence the functioning of the insurance…
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CRE Insurance
IFRS 17 to cost insurers $15bn-$20bn, says Willis Towers Watson
The implementation of the accounting standard IFRS 17 is expected to cost the global insurance industry $15bn-$20bn, according to a…