Tony Dowding
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Asia
Mapfre restructures US business and creates new Eurasia region
Mapfre has announced a new structure for Mapfre USA, and a new regional area, Eurasia, integrating EMEA and APAC, together…
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CRE Insurance
New global practice leader for international financial lines claims at XL Catlin
Yera Patel has been appointed to the position of global practice leader for international financial lines claims at XL Catlin.…
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Global Risk Manager
New association for DAC Beachcroft in Argentina
DAC Beachcroft has agreed a new association with a law firm in Argentina, continuing its Latin American expansion. The new…
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CRE Insurance
Navigators opens office in Madrid
Navigators International, the international underwriting arm of The Navigators Group, has opened a local office in Madrid and appointed Carlos…
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CRE Insurance
Employee benefits set to grow in UK
More than two out of five (42%) employee benefit consultants in the UK are forecasting growth for their businesses next…
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CRE Insurance
Nordic P&C insurers to keep focus on underwriting profitability – S&P
Nordic insurers face some tough challenges, including prevailing low interest rates and the evolving regulatory landscape, but the Nordic property…
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Asia
ARM in joint venture with Chinese captive consulting group
Alternative Risk Management (ARM) has established a joint venture with Beijing Airport Captive Management Consulting (BACM) to work together in…
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CRE Insurance
EIOPA to focus on enhancing supervisory convergence
The European Insurance and Occupational Pensions Authority (EIOPA) has said that in the next three years, one of its key…
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Global Risk Manager
Digital capabilities transforming global programmes (Part One)
In the first of two articles, Zurich’s Carin Gantenbein and Armin Schaefer look at some of the problems that risk…
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Asia
Insurers need rate increases to restore profitability – Swiss Re
Insurance rates are going to harden following the large natural catastrophe losses experienced by carriers in 2017, according to Swiss…
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CRE Insurance
Financial Stability Board scraps global systemically important insurer list
No new list of global systemically important insurers (G-SIIs) is to be published by the Financial Stability Board (FSB), according…
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CRE Insurance
AXA Ukraine joins MAXIS Global Benefits Network
MAXIS Global Benefits Network (GBN) has announced that AXA Ukraine, one of the country’s largest insurance groups, is the latest…
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CRE Insurance
BIBA tells UK Treasury IPT is ‘Budget no-go’
The British Insurance Brokers' Association (BIBA) has told HM Treasury that insurance premium tax (IPT ) is a “Budget no-go”,…
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CRE Insurance
AGCS appoints new global head of ART
Allianz Global Corporate & Specialty (AGCS) has appointed Paul Schiavone as global head of AGCS’s alternative risk transfer (ART) business,…
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Global Risk Manager
Consolidation expected in Saudi Arabian insurance market, says Fitch
The Saudi Arabian insurance market is likely to see consolidation in the next few years, driven by tightening solvency requirements,…
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CRE Insurance
RMS advises caution over Maria insured loss estimates
Insured losses for Puerto Rico from Hurricane Maria might be lower than was initially feared by many insurers and reinsurers,…
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CRE Insurance
P&C reinsurance rate increases expected, but may be limited to US cat
P&C reinsurance rates are expected to increase, particularly on US catastrophe-exposed lines, as a result of the significant catastrophe events…
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CRE Insurance
FSB reconsidering GSII ‘too big to fail’ criteria – report
Global financial regulators have decided to throw out the ‘too big to fail’ gauge for assessing the riskiness of insurers,…
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Global Risk Manager
New project finance offering from Liberty Specialty Markets
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has launched a new project finance offering for large-scale energy and…
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Climate Change
More insurers take action on coal and climate change
Insurance companies have pulled $20bn out of investments in coal and a growing number are refusing to underwrite new coal…