Tony Dowding
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ESG
March 23, 2023
Data-driven approach needed for ESG decisions: Aon
Businesses need a strategic, data-driven approach to benchmarking, coordination and governance to help them gain the insights they need to…
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Reinsurance
March 23, 2023
Double-digit premium growth for global reinsurers in 2022
Global reinsurers reported average year-on-year premium growth of 12.1% for 2022, driven by improved pricing for commercial lines and reinsurance…
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Brokers
March 23, 2023
Ballantyne Brokers in management buy-out from K2 Insurance Services
Specialist London-based Ballantyne Brokers has seen a management buyout from its parent company K2 Insurance Services. The buyout was led…
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Cyber & Technology
March 22, 2023
Nirvana appoints leader to build out European MGA underwriting team
Media, tech and cyber MGA Nirvana has appointed Thomas M. Mannsdorfer as part of its leadership team to build out…
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Executive & D&O
March 22, 2023
Directors likely to face ‘swathe of litigation’ over ESG risks
Increasing ESG risks are likely to result in a spike of claims against directors and drive further increases in insurance…
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GRM Insurance
March 22, 2023
Higher primary insurance rates likely as inflation persists: Swiss Re
Inflation may be easing, but claims severity in P&C insurance is set to remain and higher primary insurance rates are…
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GRM Insurance
March 22, 2023
New forensic accounting service launched by Davies
Davies has launched a new forensic accounting service that will provide expertise on a list of issues including business interruption,…
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GRM Insurance
March 21, 2023
Extreme cat losses dampen influx of new ILS capital
The insurance-linked securities (ILS) market is at a crossroads and the psychological impact of extreme cat losses in five of…
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Construction
March 21, 2023
Sedgwick appoints head of construction adjusting team in Australia
Andre Mataia has been named as head of Sedgwick’s construction adjusting team in Australia. He has more than 22 years…
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GRM Captives
March 20, 2023
Oklahoma to follow Delaware and allow captives to insure Side A D&O
US captive domicile Oklahoma looks set to follow Delaware in allowing a captive to insure Side A D&O insurance. In…
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North America
March 20, 2023
Beazley launches specialty risks and US programmes team
Florian Beerli has been named head of Beazley's new specialty risks and US programmes team. In addition to his new…
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Asia
March 20, 2023
Australian insurers call for ten-year rolling government disaster mitigation fund
The Insurance Council of Australia (ICA) has called for the Federal Government to continue funding its Disaster Ready Fund (DRF)…
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Liability
March 17, 2023
Lockton highlights cost of plant shutdown over contamination event
There is a lack of awareness around the potential cost of contamination events resulting in the shutdown of a key…
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UK/Ireland
March 17, 2023
Survey shows Lloyd’s making progress on core culture commitments
The Lloyd’s market is making progress to improve culture in multiple areas including women in leadership and representation of ethnic…
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GRM Legal & Regulation
March 17, 2023
IAIS consults on changes to ICPs around climate-related risks
The International Association of Insurance Supervisors (IAIS) has published a consultation on climate risk with proposed changes to the Insurance Core Principles…
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Nordics
March 17, 2023
IGI acquires Norway-based MGA Energy Insurance Oslo
Bermuda-based specialty risks commercial re/insurer International General Insurance Holdings (IGI) has completed its acquisition of Norway-based managing general agency Energy…
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Trade Credit
March 16, 2023
Tokio Marine HCC International appoints UK trade credit underwriters
Tokio Marine HCC International (TMHCCI) has strengthened its UK trade credit division with the appointment of two senior risk underwriters:…
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France
March 16, 2023
French insurers rethink appetite and pricing for nat cats
French insurers and reinsurers are rethinking their appetite and pricing for natural catastrophe risks as a result of the growing…
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GRM People Moves
March 16, 2023
New president of commercial insurance for QBE North America
QBE North America has promoted Michael Foley to president, commercial insurance. In his new role, Foley will join QBE North America's executive…
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ESG
March 15, 2023
ESG conduct has no direct bearing on credit rating actions
A new study suggests that the ESG conduct of a company has no direct bearing on its credit rating actions,…