Tony Dowding
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M&A
Davies acquires US loss adjusting firm Budget Claims Services
Davies has acquired Budget Claims Services Inc, an independent loss adjusting firm serving insurers, municipalities and self-insured corporates across Virginia,…
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GRM Insurance
LMA says enhanced digital underwriting set to grow significantly
Enhanced underwriting, which uses data and digital technology to enhance underwriting decisions and take a new strategic approach to follow…
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SRR Regulation
UK to be global hub for transition finance, says Chancellor
The UK is aiming to become the global hub for transition finance, according to Chancellor Rachel Reeves. In her first…
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GRM People Moves
Cyber insurer Coalition appoints head of London Markets
Matt Foster has been appointed as US-based cyber insurer Coalition’s new head of London Markets. Foster will be the lead…
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Energy
Energy sector sees soft market accelerate, says WTW
Market softening in the energy sector is accelerating, especially on the property side, although while insurers are willing to negotiate…
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Asia
DWF expands in Australia with new team
Law firm DWF has recruited the London market team of the Australian law firm Hall & Wilcox, with nine partners…
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SRR Insurance
UN launches global guide on transition plans for insurers
The first-ever global guide on transition plans for insurance companies has been launched by the United Nations-convened Forum for Insurance…
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SRR Regulation
European Commission urged to delay Corporate Sustainability and Due Diligence Directive
The European Commission has been urged to delay the Corporate Sustainability and Due Diligence Directive (CSDDD) by European trade federation…
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SRR Insurance
Howden calls for more focus on insurance to accelerate net zero
Insurance is critical to accelerating climate finance, and businesses should engage early with insurers to enhance the investability and insurability…
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GRM People Moves
Price Forbes appoints director to global construction team in London
Henry Morgan is to join Price Forbes’ global construction team in London as director – construction. With over 13 years…
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North Africa
US commercial auto insurance sector results continue to deteriorate
The US commercial auto insurance segment continues to produce net underwriting losses, with a net loss of $5bn in 2023…
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M&A
Tax insurance records significant global growth, says Marsh
The tax insurance market is experiencing significant growth globally, with insurers expanding their appetite for tax risks and premium rates…
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M&A
M&A insurance claim costs rise but frequency drops
There has been a significant increase in M&A insurance claim costs, despite a drop in number of claims, according to…
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SRR Insurance
HDI Global expands environmental liability cover to global market
HDI Global is to extend its environmental liability insurance to the international market, adding social and governance coverage. HDI Global…
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SRR Climate Risk
Aon’s IFRC Disaster Response Emergency Fund policy pays out €7.5m
The groundbreaking indemnity insurance policy developed by Aon for the International Federation of Red Cross and Red Crescent Societies’ (IFRC)…
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SRR Climate Risk
Climate risk management uneven across financial sector
There is uneven progress on climate risk governance across insurance and financial firms, according to a new research report, The…
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Energy
Nuclear energy gaining traction but Allianz Trade warns of limitations
Nuclear energy is seeing renewed momentum in the race to net zero but there are significant limitations of nuclear technology,…
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Asia
New Zealand non-life insurance industry sees solid premium growth
Solid premium growth by the New Zealand non-life insurance industry, supported by rate adjustments particularly in the property, motor and…
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Liability
Professional liability underwriter launches for US risks
A new professional liability specialist underwriting manager has been launched with approved coverholder status at Lloyd’s. Doe & Emuss (D&E)…
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Marine
Decarbonisation leading to sustainable shipping future
Decarbonisation for the marine sector is a voyage, much like the evolution from sails to steam to bunker oil, according…