Tony Dowding
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Asia
Asia-Pac captive domiciles to see growth, says Best
Captive domiciles in Asia-Pacific are set to benefit from growth in Asia’s economies, according to AM Best. The ratings agency…
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CRE Insurance
Moody’s says IFRS 17 unlikely to alter credit assessments
IFRS 17 will meaningfully affect some insurers' reported profit and equity, but their underlying financial position will not change, according…
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Asia
Marsh index reports continuing global commercial insurance price increases
Average global commercial insurance prices increased 3% in the first quarter of 2019, according to Marsh’s Global Insurance Market Index.…
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Asia
Ping An is most valuable insurance brand, again
Ping An is the world’s strongest and most valuable insurance brand, according to the latest report by Brand Finance, the…
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CRE Insurance
New terrorism and sabotage offering from Ensurance UK
Specialist MGA and Lloyd’s coverholder Ensurance UK has launched a new terrorism and sabotage offering. The new product offers full…
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CRE People Moves
Donnie DiCarlo joins BPL Global from Marsh
BPL Global has appointed Donnie DiCarlo as executive vice-president. He joins BPL Global after ten years as senior vice-president of…
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Captives
Study reveals South Carolina captive industry’s $56.8m annual economic impact
A study has revealed that the South Carolina captive insurance industry has an annual economic impact of $56.8m. The study…
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Captives
South Carolina’s new code of conduct for captive managers
South Carolina has also introduced a new code of conduct for captive managers, which will come into effect on 1…
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Cyber & Technology
Slower cyber insurance growth in US but still opportunity for insurers
Growth in the US cyber insurance market is slowing, according to Fitch Ratings, but US property/casualty insurers continue to view…
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CRE Insurance
Clyde & Co opens Dublin office
Clyde & Co has opened an office in Dublin as a result of Brexit. The law firm said the move…
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CRE Insurance
Beazley appoints global head of property division
Richard Montminy has been appointed as global head of Beazley’s property division. The appointment takes effect from 20 May 2019.…
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Global Risk Manager
Ryan Specialty Group and Nationwide create new Bermudan reinsurer
A new strategic partnership has been announced between Ryan Specialty Group (RSG) and US-based Nationwide to seek growth in strategic…
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CRE Insurance
Denmark updates terrorism insurance pool
There has been an update to the Danish terrorism insurance pool for non-life insurance, according to insurance premium tax specialists…
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Analysis & Opinion
Risk management challenges and new technologies
Risk managers are facing many risk management challenges, not least in the international programme space where there are increasing regulatory…
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Global Risk Manager
Mexico’s insurance market benefits from Solvency II-based regulatory framework
Mexico’s insurance market continues to offer significant growth opportunities for insurers, and has benefited from the Solvency II framework, according…
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Global Risk Manager
Stable insurance markets in Colombia and Guatemala, says Best
AM Best is taking a positive view of the Colombian insurance market, giving it a stable market segment outlook. It…
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CRE Insurance
Gaining c-suite commitment for global programmes
A multinational insurance programme requires global buy-in from the c-suite because without it, the risk manager will not have the…
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CRE Insurance
Willis Re report highlights slower growth for ILS market
The insurance-linked securities (ILS) market has seen growth slow for the second quarter in a row, according to the latest…
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Global Risk Manager
Private US property/casualty insurers report 2018 net income and premium growth
Net income after tax for private US property/casualty insurers increased 66% to $60bn in 2018, from $36.1bn in 2017, according…
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CRE Insurance
Insurance Europe says no justification for new systemic risk measures
There is no justification for new macroprudential measures for EU insurers, which would create significant initial and/or ongoing costs, according…