Tony Dowding
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Global Risk Manager
Brokerslink expands global network in Central America, Asia-Pacific and Africa
Brokerslink has added three new affiliates, from Central America, Asia-Pacific and Africa, to its global network. Brokerslink said the move…
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CRE Insurance
Reinsurance rate hardening to continue, especially for long-term risks
Reinsurers are forecasting increased rate hardening and tougher terms and conditions for 2021, particularly for European markets and for long-term…
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Asia
Korean non-life insurers see 15.5% growth in net income in first half of 2020
The Korean insurance industry reported KRW3,788.3bn in net income for the first half of 2020, growing 6.45% from the same…
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CRE Insurance
New head of Aspen Insurance UK
Tony Rai has been appointed head of Aspen Insurance UK and Aspen Managing Agency Limited Claims. In this new role,…
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Captives
Cayman removed from EU non-cooperative tax list as Barbados added
The Cayman Islands has been removed from the EU’s list of non-cooperative jurisdictions for tax purposes, but Anguilla and Barbados…
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Analysis & Opinion
Captives: embracing the new
Captive insurance has often shown its worth during challenging times. Against the backdrop of hardening rates and tightening terms and…
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BI
Brokers could be in firing line over pandemic BI claims
Lawyers and specialist insurers have said insurance brokers may be sued if their clients’ business interruption claims, related to Covid-19,…
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Global Risk Manager
FM Global to launch new Canada and specialty industries division
A new division focused on the forest products and chemical industries sectors is to be launched by FM Global. The…
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CRE Insurance
Growing confidence in prospects from UK insurers
UK insurers are increasingly confident about business prospects, despite a potentially challenging 2021, according to the latest CBI/PwC Financial Services…
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CRE Insurance
Eiopa urges European insurance sector to finalise Brexit preparations
The European Insurance and Occupational Pensions Authority (Eiopa) has called on the insurance sector in Europe to complete preparations for…
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CRE Insurance
Positive mood for MGA market despite impact of Covid-19, Clyde & Co survey reveals
The MGA market remains positive in mood, with insurance carriers seeing more value in MGAs, according to Clyde & Co’s…
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Asia
Stable outlook for Indonesia’s non-life insurance sector from Best
Indonesia’s non-life insurance market is well diversified and underpinned by solid capitalisation, according to AM Best, which has assigned a…
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Captives
New investment service for captive insurers from Aon and Goldman Sachs
Aon has launched a new investment service for captive insurers in partnership with Goldman Sachs. The new service is based…
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CRE Insurance
Chubb appoints claims leader for overseas general insurance
Nandini Mani has been appointed executive vice-president, claims for overseas general insurance, Chubb’s international general insurance division. She is currently…
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Global Risk Manager
US P&C insurers’ results to be hit by pandemic and cat losses in second half
Pandemic-related insured losses, together with premium volume declines as a result of the economic recovery, will continue to adversely impact…
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CRE Risk Management
Zurich LiveWell to acquire digital health and wellbeing service providers
Zurich Insurance Group is to acquire two digital health and wellbeing service providers, based in Australia and South Africa.
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CRE Insurance
S&P warning to reinsurers and primary insurers over transition to IFRS 17
S&P Global Ratings has warned that reinsurers and primary insurers should brace themselves for hurdles in the transition to International…
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Global Risk Manager
Bahrain’s fragmented insurance market faces challenges, says Best
The solvency levels of Bahraini insurers are expected to be negatively impacted by Covid-19-driven financial market volatility, according to AM…
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CRE Insurance
Senior finpro appointments at Swiss Re Corporate Solutions
Swiss Re Corporate Solutions has made three leadership appointments in its financial and professional services (finpro) underwriting team. Laura Coppola…
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Global Risk Manager
US commercial insurance rates increase across board in third quarter
US commercial insurance buyers have seen rate increases in every line of coverage and industry class, including workers’ compensation, for…