Tony Dowding
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Global Risk Manager
Negative outlook for Brazilian reinsurance industry from Best
Persistent economic uncertainty, exacerbated by the Covid-19 pandemic, has led AM Best to maintain its negative market segment outlook on…
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Global Risk Manager
Arthur J Gallagher acquires MGA Atlas General
Arthur J Gallagher has acquired Atlas General Holdings, a full-service, multiline programme manager and managing general agency (MGA) based in…
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CRE Legal Regulation
Argentinian insurance regulator joins IAIS’s Multilateral Memorandum of Understanding
The Argentinian insurance regulator has joined the International Association of Insurance Supervisors’ (IAIS) Multilateral Memorandum of Understanding (MMoU). The Superintendencia…
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Captives
Leading US captive associations highlight concerns over TRIP consultation
The Captive Insurance Companies Association (CICA), the Vermont Captive Insurance Association (VCIA) and the Captive Insurance Council of the District…
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Global Risk Manager
Fitch assesses outlook of Latin American insurance sectors
The outlook for the Colombian insurance sector is worsening, according to Fitch Ratings, which expects the Colombian economy to contract…
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CRE Insurance
BGC Insurance renamed Corant Global
Global brokerage and financial technology company BGC Partners has launched Corant Global Limited as the holding company for all of…
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CRE Legal Regulation
Regulatory changes in Brazil will help develop insurance sector, says Fitch
Changes to insurance regulation in Brazil, introduced during 2020 by the Superintendencia de Seguros Privados (SUSEP), should help to increase…
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Asia
Howden launches Australian broking operation with Steadfast
Howden has launched an Australian broking operation in association with Steadfast, the insurance intermediary network in Australia, and has formed…
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CRE Insurance
Reinsurance renewals see widespread price increases, says Fitch
The January 2021 reinsurance renewals have seen widespread price increases that often went beyond claims inflation, according to Fitch Ratings.…
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CRE Insurance
Tax changes in Denmark and Guernsey highlighted by Impendulo
Specialist insurance premium tax compliance firm Impendulo has noted two recent tax changes in Denmark and Guernsey. In Denmark, the…
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AXA XL
New general counsel for AXA XL
AXA XL has appointed Pamela Rosado as general counsel, with effect from 8 February 2021. She will report to Scott…
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CRE Insurance
Chubb appoints chief reinsurance officer
Jeremiah Konz has been appointed chief reinsurance officer at Chubb. He is currently executive vice-president, reinsurance officer for Chubb Overseas…
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Asia
Willis Towers Watson adds Shanghai to global P&C hub
Shanghai has been added to Willis Towers Watson’s global property and casualty (P&C) hub. The broker said the move was…
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Global Risk Manager
Hudson acquires renewal rights transfer of liability policies from Validus
New York-based Hudson Insurance Group has acquired the renewal rights transfer of a select portfolio of miscellaneous professional liability, financial…
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CRE Insurance
Liberty Specialty Markets appoints global head of energy
Lesley Harding has been appointed as global head of energy at Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance…
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CRE Insurance
MAXIS GBN partners with employee assistance programme platform
ICAS World, an employee assistance programme (EAP) platform, has been selected by MAXIS Global Benefits Network (MAXIS GBN) as a…
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Global Risk Manager
US P&C rates continue upwards, says MarketScout
Property and casualty rates in the US have continued their upward trend, with MarketScout’s Market Barometer showing the composite rate…
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Captives
Isle of Man-based Wilton to acquire IOMA Group
Isle of Man-based Wilton has agreed terms to acquire Isle of Man Assurance Limited, IOMA Horizons Limited and Isle of…
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Asia
Hong Kong’s new group capital rules due in first quarter of 2021
The Hong Kong Insurance Authority (IA) has announced some modifications to its draft Insurance (Group Capital) Rules in respect of…
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Asia
BMS launches Singapore-based Asia broking operations
BMS Group has launched its Asia broking operations, with its headquarters in Singapore and with proposed operations in Hong Kong,…