Tony Dowding
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CRE Insurance
Global insurance industry resilient in face of Covid-19, but vulnerabilities remain – IAIS
The global insurance industry has remained both operationally and financially resilient to the shocks triggered by Covid-19, yet uncertainties remain…
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Global Risk Manager
Social inflation driving losses for US commercial general liability sector, says Best
The US commercial general liability insurance segment is seeing “unfavourable claims trends” driven by social inflation and other factors such…
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Analysis & Opinion
Employee benefits and people risks – captives adding value
Adding employee benefits to a captive makes perfect sense, but it is important to get HR onboard, with communication and…
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CRE Insurance
Long-tail Covid-19 claims to accelerate hardening casualty market, says broker
Long-tail claims from Covid-19 will impact casualty treaties in 2021 and result in an accelerating hardening of reinsurance rates, restricted…
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CRE Insurance
IFRS 17 will see radical change in analysis of insurers’ performance, says Fitch
Fitch Ratings believes that the implementation of IFRS 17 will improve comparability and transparency of insurers’ reporting standards. It said…
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Global Risk Manager
PwC sees big increase in US insurance sector M&A in late 2020, with more in 2021
Insurance deal activity in the US insurance sector has bounced back to near pre-Covid levels, according to a report, Insurance…
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Asia
Aon takes 49% stake in Indian broker Anviti
Aon has acquired a 49% equity stake in Anviti Insurance Brokers Private Limited, a leading composite insurance broker in India.…
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Global Risk Manager
Hardening US commercial property sector with tighter wordings, says Best
The US commercial property insurance sector is facing uncertainty over business interruption (BI) legislation from the Covid-19 pandemic and increasing…
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Global Risk Manager
Mexican insurance sector constrained by gradual recovery, says Fitch
By 2021, the general conditions of the Mexican insurance and surety sector will remain constrained by a gradual economic recovery,…
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CRE Legal Regulation
NAIC adopts supervisory analytical tool and elects new officers
The US National Association of Insurance Commissioners (NAIC) has adopted an analytical tool to enable US solvency regulators to conduct…
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CRE Insurance
IAIS sets outs priorities for 2021 and beyond
The International Association of Insurance Supervisors’ (IAIS) executive committee has revealed its four overarching priorities for the coming years, together…
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Global Risk Manager
Delivery and service important for US international casualty programmes, says WTW
When it comes to measuring the quality of their international casualty programmes, Willis Towers Watson (WTW) recommends that US organisations…
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Asia
Global commercial lines price increases accelerating, says Moody’s
Price increases are accelerating in global commercial lines to combat catastrophe and coronavirus losses, rising litigation costs and lower investment…
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Global Risk Manager
Significant growth in US commercial insurance prices continuing, says WTW survey
US commercial insurance prices again grew significantly in the third quarter of 2020, according to Willis Towers Watson’s (WTW) Commercial…
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CRE Insurance
Market conditions for global reinsurance industry improving, says Best
Hardening pricing momentum and tighter terms and conditions are the factors behind AM Best maintaining its market segment outlook on…
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Analysis & Opinion
Regulatory harmonisation: The benefits for international insurance programmes in the CIMA zone
Sub-Saharan Africa has the youngest population in the world. Its economy is diverse and before the impact of the Covid-19…
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Asia
US and Asia-Pacific to see insurance M&A grow in 2021, says Clyde & Co
Insurance M&A activity in both the US and Asia-Pacific will increase significantly in 2021, according to Clyde & Co. As…
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Captives
Guernsey launches fast track pre-authorisation for insurance cells
The Guernsey Financial Services Commission (GFSC) has launched a pilot scheme that fast tracks pre-authorisation for insurance cells. The scheme…
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CRE Insurance
Fitch sees stable outlook for reinsurance sector in 2021
Hardening pricing conditions and stabilising pandemic-related claims are the factors behind Fitch Ratings’ stable sector outlook for global reinsurance in…
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Analysis & Opinion
Pandemic, employee benefits and the appeal of a global underwriting approach
The Covid-19 pandemic has had a significant impact on insurable employee benefits in terms of raising its profile within companies,…