Tony Dowding
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Captives
Incorporated segregated accounts companies launched in Bermuda
Bermuda has introduced its latest company structure, the incorporated segregated accounts company, which the domicile said offers greater flexibilities and…
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CRE Insurance
New D&O liability insurance suite from Beazley
A flexible suite of directors and officers (D&O) liability insurance that includes a new Side A difference in conditions (DIC)…
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CRE Insurance
Difficult conditions for UK non-life insurers but most prepared for Brexit
UK non-life insurers have faced difficult market conditions in 2019, including strong competition and claims inflation, as well as political…
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Global Risk Manager
New US specialty property and casualty broker formed
A new specialty property and casualty broker has been launched in the US. The new firm, Protecdiv, will target Fortune…
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CRE Insurance
January reinsurance renewals confirm 2020 market firming
Moody's Investor Service has concluded that the January reinsurance renewals have confirmed its expectation that prices will firm in 2020.…
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CRE People Moves
Zurich appoints new head of US casualty international programmes underwriting
Scott Toland has joined Zurich Insurance Group as head of US casualty international programmes underwriting within its commercial insurance business.…
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Asia
Vietnamese insurance sector continues to grow strongly
The Vietnamese insurance industry saw premiums increase by nearly 21% in 2019 to VND160.18trn, according to the Ministry of Finance’s…
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CRE Insurance
Liberty Insurance ceases writing commercial liability and property business in Ireland
Liberty Insurance, the Irish subsidiary of Liberty Mutual, has pulled out of commercial liability, commercial property and development bonds lines…
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Captives
First crypto-custody captive formed in Bermuda
A captive has been launched in Bermuda that is the first in the world to insure crypto-custody. The new captive…
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Captives
Bermuda Monetary Authority appoints deputy CEO
The Bermuda Monetary Authority’s board of directors has appointed Craig Swan as deputy CEO. The Bermuda Monetary Authority said the…
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CRE Insurance
Global commercial lines market premiums totalled $812bn in 2018
The global commercial non-life P&C insurance market reported gross written premiums of about $812bn in 2018, according to Finaccord. This…
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Analysis & Opinion
Digital capabilities transforming global programmes
For some time, there has been a growing demand from risk managers and brokers for greater transparency of data when…
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CRE Insurance
New heads of international specialty and non-US international casualty at ArgoGlobal
Lloyd’s insurer ArgoGlobal has announced two senior leadership appointments with immediate effect. Jeremy Shallow has been appointed as head of…
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Captives
Vermont sees continued captive insurer growth
The State of Vermont licensed 22 new captive insurance companies in 2019, according to the Vermont Department of Economic Development.…
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Analysis & Opinion
Considerations of the risk manager on a D&O programme – Insurance premium tax
For risk managers, the line of insurance that guarantees the most attention and focus of the board is undoubtedly directors…
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Analysis & Opinion
Insurance premium tax changes – TMF Group
TMF Group, a global provider of tax and accountancy services, has highlighted a number of insurance premium tax (IPT) and…
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Global Risk Manager
US P&C sector to see continuation of rate increases into 2020, says S&P
Social inflation, rather than replenishment of capital, is driving the hardening pricing cycle in the US P&C insurance sector, according…
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Captives
Peter Child appointed as head of Artex European Operations
Artex Risk Solutions has appointed Peter Child as head of Artex European Operations. In this role he will oversee its…
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CRE People Moves
Sompo Global Risk Solutions appoints chief underwriting officer
David Carter has been appointed chief underwriting officer and executive vice-president of the Sompo Global Risk Solutions (GRS) strategic business…
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Analysis & Opinion
Making the index link: how parametric solutions can help captives manage natural catastrophes risk
It is said that three in every four (or as many as 80% of) corporate insurance buyers have some form…