Tony Dowding
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Asia
Insurance Europe highlights global protectionist measures
Insurance Europe has highlighted a number of protectionist measures in Argentina, Brazil, India, Indonesia and Turkey, in a series of…
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CRE Insurance
New PPL chair Masojada tells market to get with the programme
Bronek Masojada, CEO of Hiscox, who has been appointed chair of Placing Platform Ltd (PPL), believes more underwriters and brokers…
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Global Risk Manager
Stable outlook for US insurance brokers says Moody’s
Good product demand, low capital requirements, significant variable costs and healthy EBITDA margins and cashflows mean the 2018 outlook for…
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CRE Insurance
BIBA and WBN arrangement on EU clients post-Brexit
The British Insurance Brokers’ Association (BIBA) has reached an agreement with the Worldwide Broker Network (WBN) to allow BIBA members…
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Global Risk Manager
Cat losses lead to $23.5bn underwriting loss for US P&C industry in 2017
A doubling of catastrophe-related insured losses in 2017 resulted in a net underwriting loss of $23.5bn for the US property…
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Analysis & Opinion
Effective network management is key to successful global programmes
Risk managers require many things from their insurer when it comes to serving their global insurance programmes. To begin with,…
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CRE Insurance
PwC survey of insurance CEOs reveals optimism but concern about technological change
Insurance CEOs around the world are bullish about their organisations’ revenue prospects in the next three years, but are concerned…
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CRE Insurance
Climate change risks outweigh opportunities for P&C (re)insurers, says Moody’s
The property and casualty (P&C) insurance and reinsurance sectors face significant challenges from climate change, according to Moody's Investors Service,…
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Asia
Korean non-life insurers see growth in income and premiums
Non-life insurers in Korea have reported an increase of 2.4% in premium income, and an increase in net income of…
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CRE Insurance
Generali reports record operating result in 2017
Generali has reported a record operating result of €4.90bn in 2017, up 2.3% from the previous year, and a 1.4%…
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Captives
Vermont updates captive insurance laws
Vermont has updated its captive insurance laws with regulatory enhancements for branch captives, and the standardisation of the state’s annual…
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CRE Insurance
Harmonise VAT rules for financial services in EU, says Insurance Europe
Insurance Europe has called for a thorough review of the Value Added Tax (VAT) Directive to modernise and harmonise VAT…
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CRE Insurance
Small increase in US commercial insurance prices in fourth quarter of 2017
The fourth quarter of 2017 saw a modest increase in commercial insurance prices in the US, according to Willis Towers…
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Asia
Hong Kong insurers report 9.1% increase in premiums for 2017
The Hong Kong insurance industry saw a 9.1% increase in premiums for 2017, according to the Insurance Authority of Hong…
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Global Risk Manager
Latin American acquisitions create regional hub for Zurich’s Cover-More
Zurich Insurance Group has entered into agreements to acquire 19 leading providers of traveller assistance in Latin America, to boost…
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Analysis & Opinion
Bringing value to the chain: how blockchain can be used to help risk managers with global programmes
Blockchain is predicted by some to become the fifth major wave in computing – after mainframes, personal computers, the internet…
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CRE Insurance
Burford Capital launches adverse costs insurer in Guernsey
Burford Capital is to launch an insurer to address adverse costs risk. Burford Worldwide Insurance will be based in Guernsey…
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Africa
Global insurance sector M&As pick up in second half of 2017
Merger and acquisition (M&A) activity in the global insurance sector fell in 2017, according to Clyde & Co’s latest annual…
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Asia
China tightens up shareholding rules for insurers to improve transparency
The China Insurance Regulatory Commission (CIRC) has expanded the rules that govern shareholding in the country’s insurers, in an effort…
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Captives
Willis Towers Watson appoints head of Bermuda captive practice
Paul Bailie has been appointed as head of Willis Towers Watson’s Bermuda captive practice. Mr Bailie will be responsible for…