Tony Dowding
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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…
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AIG
Understanding choke points
Kristof De Bremme, global head of marine, AIG and Dr Robin Niblett, director, Chatham House explain how the growth of…
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Captives
Captives looking to expand coverage into new areas, finds RIMS/Marsh survey
More than half of captive owners plan to expand their use into other areas over the next couple of years,…
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CRE Insurance
IUMI concerned by erosion of global premium base and attritional losses
The International Union of Marine Insurance (IUMI) has warned that while, in general, major losses remain stable, “the continued erosion…
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CRE Insurance
Willis Towers Watson appoints global head of financial solutions
Christophe Meurier has been appointed as global head of financial solutions at Willis Towers Watson, and will assume the role…
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Captives
US IRS reveals new arm’s-length captive pricing compliance campaign
The US Internal Revenue Service (IRS) has announced a compliance campaign aimed at captive service providers and focusing on arm’s-length…
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CRE People Moves
New Latin America CEO for Swiss Re Corporate Solutions
Swiss Re Corporate Solutions has appointed Angelo Colombo as CEO Latin America, Swiss Re Corporate Solutions. The appointment will become…
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CRE Insurance
EIOPA reveals priorities for 2019 and insurance stress-test recommendations
The European Insurance and Occupational Pensions Authority (EIOPA) has revealed its priorities for 2019. These encompass new supervisory activities including…
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Analysis & Opinion
Tackling supply chain risks by leveraging AI and risk engineering expertise and tools
Supply chains have become much more complex and this not only means greater vulnerability, but also makes it much harder…
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Asia
Moody’s report examines Japan and China’s solvency regimes
Japan and China, the two largest insurance markets in Asia, have taken different approaches to solvency regimes that reflect the…
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Global Risk Manager
Marsh combines LatAm facultative reinsurance operations with JLT
Marsh and Guy Carpenter are to combine their Latin American facultative reinsurance operations with those of Jardine Lloyd Thompson Group…
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CRE People Moves
Argo Group appoints CEO of Brazilian subsidiary
Brazilian insurer Argo Seguros has appointed Newton Queiroz as CEO, effective 1 May 2019. Argo Seguros is a Brazilian underwriter…
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Global Risk Manager
Modest underwriting profit for US property/casualty industry in 2018
The US property/casualty (P/C) industry recorded a modest statutory underwriting profit in 2018 with a statutory combined ratio of 99.3%,…
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Captives
Vermont updates captive law with change to captive examination schedule
Vermont has updated its captive legislation with modifications to the captive examination schedule and improvements to the statute governing group…
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Benelux
Sompo International appoints CEO of SI Insurance (Europe)
Thomas Brazil is to become chief executive officer of SI Insurance (Europe), a subsidiary of Bermuda-based Sompo International Holdings and…
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Asia
Moody’s highlights strong capitalisation of Japanese property and casualty insurers
Capitalisation of Japanese property and casualty (P&C) insurers has remained strong despite a record catastrophe year in 2018, according to…
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CRE Insurance
Vienna Insurance Group planning to expand
Vienna Insurance Group (VIG) is to use its strong capitalisation to achieve further growth and broaden its presence, according to…
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Analysis & Opinion
Made in India: A growing market and the opportunities for international insurance
India is set to become the world’s second-largest economy by the year 2030 (Source: Standard Chartered – by nominal GDP).…
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CRE Insurance
Canopius to merge Lloyd’s business with AmTrust at Lloyd’s
Canopius’s Lloyd’s business is to merge with AmTrust at Lloyd’s, creating a top-five insurer at the market with combined premiums…
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CRE Insurance
European Parliament approves EU financial supervision agreement
The European Parliament has approved rules that strengthen EU financial supervision by increasing the responsibilities of the EU watchdogs for…