Tony Dowding
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Asia
Leadership changes and new digital services unit for Zurich
Zurich Insurance Group has created a new global business platforms unit focusing on digital services, together with announcing key regional…
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Global Risk Manager
Global Indemnity redomesticates to US from Cayman and Bermuda
Global Indemnity Group has redomesticated Global Indemnity Limited, the holding company based in the Cayman Islands, and its Bermuda subsidiary,…
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Benelux
Strategic Risk Solutions opens Luxembourg captive management branch
Strategic Risk Solutions (SRS) has opened a Luxembourg captive management branch with Brian Collins as managing director, Luxembourg.
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Global Risk Manager
Brazil and Mexico to see increase in insolvencies and payment delays, says Atradius
Business insolvencies in Brazil are expected to increase sharply by about 20% in 2020, while Mexico’s economic performance is expected…
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Africa
Solid growth to continue for Maghreb insurance markets despite challenges, says Best
The insurance markets of the Maghreb region – Morocco, Algeria and Tunisia – have seen solid growth in the last…
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CRE People Moves
Lloyd’s appoints US head of claims
Carey Bond has been appointed as US head of claims at Lloyd’s, a newly created role as part of the…
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Asia
Fitch Ratings highlights reinsurance impact of cat losses and Covid-19 in Asia
Significant catastrophe losses in 2019 and the first half of 2020, together with the impact of the coronavirus pandemic, is…
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Analysis & Opinion
The importance of context
There is much debate around the topic of non-admitted insurance when it comes to global insurance programmes, but ultimately if…
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Global Risk Manager
US P/C sector sees big fall in net income for first half of 2020
The US property/casualty (P/C) industry saw its net income fall by 21.6% in the first six months of 2020, from…
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Global Risk Manager
All US commercial lines, including workers compensation, seeing price increases
US commercial insurance pricing saw increases in all lines, including workers compensation, in the second quarter of 2020, according to…
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Global Risk Manager
First quarter growth for Saudi Arabian insurance market
The Saudi Arabian insurance market saw gross written premiums increase by 6.1% in the first quarter of 2020, and the…
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Captives
New captive practice for US broker McGriff
US insurance broker McGriff has formed a new group captive practice, McGriff Captive Solutions. The captive practice will be headed…
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Analysis & Opinion
Alternative solutions for captives in a changing marketplace
The impact of a changing insurance market, exacerbated by the global Covid-19 pandemic, means that insurance and reinsurance buyers are…
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Asia
CEO of Hong Kong Insurance Authority reappointed for three years
Clement Cheung Wan-ching has been reappointed as chief executive officer of the Hong Kong Insurance Authority. The reappointment is for…
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Captives
Pandemic seeing new uses for captives, says AM Best
Companies are looking at new ways to use their captives as a result of the Covid-19 pandemic, according to AM…
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Asia
China to continue opening up financial sector
China’s central bank governor has said the country plans to continue to open up the financial sector, according to the…
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Captives
Alabama announces ‘in-person’ annual captive conference
With insurance and risk management conferences having been cancelled or postponed due to Covid-19 during the past six months, it…
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Asia
Marsh appoints risk management leader for Asia and Pacific regions
Scott Leney has been appointed as risk management leader for Marsh’s Asia and Pacific regions. In his new role, Mr…
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Captives
Artex Bermuda appoints director, captive and commercial
William Wood has joined Artex as director, captive and commercial for its Bermudian operations. He is responsible for leading the…
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CRE Insurance
Insurers face post-pandemic challenges, Eiopa warns
A high level of uncertainty on the magnitude of economic disruption as a result of the Covid-19 outbreak increases downside…