Tony Dowding
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Africa
Lloyd’s approval for Africa Specialty Risks North Africa
Africa Specialty Risks (ASR) North Africa has received approval to operate as a service company from Lloyd’s, allowing it to…
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North America
2024 was second-highest year for commercial property losses in Canada
Insured losses to commercial properties reached the second-highest total in Canadian history at CAN $1.76bn (€1.12bn) in 2024, according to…
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GRM People Moves
Beazley appoints head of commercial property, North America
Lindsay Shipper has been appointed head of commercial property, North America, at specialty insurer Beazley, effective 1 April 2025. Reporting…
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SRR Litigation
Greenpeace wins biodiversity case against Dutch state
The Dutch state has been ordered to work to reduce nitrogen emissions in the most vulnerable nature areas following a…
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Asia
India’s Insurance Act reform can boost foreign investment, says GFIA
The Global Federation of Insurance Associations (GFIA) has written to India’s finance minister welcoming the government’s move to make changes…
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SRR Comment & Opinion
An integrated approach to climate and nature – an emerging trend
Sustainability Risk Review talked to Valerie Pinkerton, an interdisciplinary environmental professional and a director at specialist climate change investment and…
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SRR Comment & Opinion
Sustainability – recalibration, perhaps, but here to stay
Just what is going on in sustainability? Is it facing an existential crisis? Is it splitting into regional groupings? Or…
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Reinsurance
US cats will slow reinsurance price decline: Moody’s
The January reinsurance renewals saw moderate risk-adjusted pricing decreases for property coverage, but recent US catastrophe events such as hurricanes…
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SRR Analysis
Omnibus changes: Uncertainty for businesses but sustainability risks remain
In a move designed to save an estimated €6.3bn in annual administrative costs, the European Commission has cut back the…
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Asia
Study reveals dramatic shifts in flooding and drought risk for cities
A WaterAid study of the 100 most populated cities has revealed dramatic shifts in flooding and droughts, posing a risk…
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SRR Regulation
New EU rules on sustainability risk management must be proportionate
European insurers fully support the European Commission’s sustainability goals but are concerned over additional duplicative requirements on the management of…
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Spain/Portugal
Descartes expands cyber parametric coverage to Spain
Parametric insurance specialist Descartes has expanded its cyber parametric coverage for enterprises to Spain, following launches in France and Germany…
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Asia
AI-powered solution to automate regulatory alert creation
The first agentic (capable of achieving outcomes independently) AI-powered solution to automate regulatory alert creation and workflow orchestration has been…
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SRR Analysis
Willis forecasts 34% rise in clean energy technology investments in 2025
Investment in clean energy technologies is expected to increase by over a third in 2025, according to the latest global…
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GRM People Moves
AXA XL adds to UK & Lloyd’s specialty team
Louise Nevill has been appointed chief underwriting officer – specialty at AXA XL while Sundeep Khera has been appointed head…
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M&A
Insurance M&As slump in 2024, says Clyde & Co
Insurance carrier M&A activity in UK and Europe saw a 48% drop in 2024, while global carrier M&A slumped to…
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GRM Insurance
London market capacity increases for credit and political risks
In the structured credit and political risk insurance (SCPR) market in London, for both political risks and contract frustration, there…
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Asia
Arthur J. Gallagher acquires Philippines insurance broker
Arthur J. Gallagher & Co has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers (Philinsure), following a…
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Asia
Increased demand for nat cat cover will drive APAC reinsurance market growth
The Asia-Pacific (APAC) reinsurance market is projected to grow at a compound annual growth rate of 4.8% from an estimated…
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Asia
JBA Risk Management launches Australian inland flood model
A new comprehensive Australian inland flood model has been launched by flood science specialist JBA Risk Management. It said the…