Tony Dowding
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Asia
Bangladesh to make property insurance compulsory
Bangladesh is set to make insurance compulsory for certain classes, including all residential and commercial property, according to a report…
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CRE Legal Regulation
Congress urged to pass long-term reauthorisation of TRIA
A group of US re/insurers, business organisations and insurance associations have written to Congress, urging it to work swiftly to…
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Global Risk Manager
Turkish insurance market hit by underwriting losses and economic uncertainty
Many global insurers would now think twice about investing in Turkey, with those present considering their options, as a result…
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Captives
AXA XL launches Canadian captive practice
AXA XL has launched a local captive practice in Canada, to address growing demand for captive and alternative risk transfer…
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CRE Insurance
Hyperion merges retail and specialist broking businesses
Hyperion Insurance Group is to merge its retail and specialist broking businesses under one management team from 1 October 2019.…
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CRE Insurance
S&P reviews ratings of leading global multiline insurers
The leading global multiline insurers (GMIs) rated by S&P Global Ratings continue to have high ratings, the majority of the…
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Global Risk Manager
Surplus lines market sees premium growth but underwriting loss
The surplus lines market nearly doubled its premium growth in 2018, growing 11.2% last year, from just under 6% in…
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CRE Insurance
Tokio Marine Kiln announces senior leadership changes
Charles Franks is stepping down as chief executive officer of Tokio Marine Kiln (TMK) after 11 years, to assume new…
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Analysis & Opinion
Scenario planning for climate risks
People are becoming more aware of the increasing frequency and intensity of climate events, and corporations are slowly responding to…
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CRE Insurance
BMS appoints director in global risks division
Independent specialist (re)insurance broker BMS Group has appointed Neil Prior as director in BMS’s global risks division, with effect from16…
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Captives
Anne Marie Towle to head up Hylant’s captive business
Anne Marie Towle has joined US broker Hylant to head up its global captive solutions business. She was previously executive…
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CRE People Moves
New president for Liberty Specialty Markets in US, Bermuda and LatAm
Liberty Specialty Markets has appointed a new president and a head of strategy for the US, Bermuda and Latin America…
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CRE Insurance
Willis sees acceleration of US commercial insurance pricing increases
The US commercial insurance market is continuing to harden, with the second quarter seeing an acceleration in price increases, according…
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CRE Insurance
Reinsurance market to stay hard during 2020, says Moody’s
P&C reinsurance buyers expect prices to remain flat or rise moderately during 2020, according to Moody’s’ annual survey of cedants.…
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CRE Insurance
ILS market contracts but growth expected in 2020, says Aon Securities
The catastrophe events of 2017, 2018 and 2019 have had a dramatic impact on the dynamics of capacity, collateral treatment,…
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CRE Legal Regulation
GFIA raises concerns again over Canadian regulator’s proposed capital rules
The Global Federation of Insurance Associations (GFIA) has warned that there could be a lack of coverage in Canada as…
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Asia
India general insurance market expected to reach $40bn by 2022
The general insurance market in India is expected to reach INR2.9trn ($40.1bn) in 2022, according to a new report from…
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Asia
Strong first-half 2019 results for Hong Kong insurance industry
The Hong Kong insurance industry has recorded significant growth in gross premiums in the first half of 2019, and a…
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Global Risk Manager
Next-gen critical illness/accident products launched by Chubb in US
Chubb Workplace Benefits has launched its next generation of group critical illness and accident products, designed to address current healthcare…
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CRE Insurance
Swiss Re tops AM Best’s global reinsurance ranking
Swiss Re has taken the top spot in the latest annual ranking of the Top 50 Global Reinsurance groups by…