Tony Dowding
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North America
March 30, 2023
Gallagher sees challenging US market for buyers continuing this year
US buyers continued to face a challenging insurance market during the first quarter of 2023, according to Gallagher. It said…
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Asia
March 30, 2023
South and southeast Asia present opportunities for insurers, says S&P
S&P Global Ratings believes there are opportunities for insurers looking to enter or expand in the emerging markets of south…
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North America
March 29, 2023
Canada to set up national flood insurance programme
Canada is to establish a national flood insurance programme designed to protect Canadians at the highest risk of flooding. The…
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Cyber & Technology
March 29, 2023
New divisional director for cyber strategy at BMS
Broker BMS has appointed Monica Tigleanu as divisional director for cyber strategy. BMS said her primary focus will be to…
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GRM People Moves
March 29, 2023
Senior leadership appointments at FM Global
FM Global has announced six senior leadership appointments across a range of areas and divisions, including enterprise services, global insurance, employee…
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North America
March 28, 2023
Governor DeSantis signs Florida’s tort reform bill
Florida’s governor Ron DeSantis has a bill designed to “decrease frivolous lawsuits and prevent predatory practices of trial attorneys who…
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Construction
March 28, 2023
London market construction rates plateauing but growing scrutiny of risk
This year is expected to see continued rate stabilisation in London market construction lines, with a general plateauing across the…
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Aviation
March 28, 2023
New London-based MGA to focus on advanced air mobility sector
A new MGA aimed at the advanced air mobility (AAM) sector and backed by Convex is to launch in London.…
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Asia
March 27, 2023
New risk engineer for Miller’s Singapore energy team
Miller has appointed Bonifasius Dipati as a risk engineer in its Singapore energy team. He will support Miller’s clients with…
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North America
March 24, 2023
New acting CEO appointed by NAIC after resignation
The National Association of Insurance Commissioners (NAIC) Executive Committee has appointed Andrew J. Beal as acting chief executive officer. Beal…
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Executive & D&O
March 24, 2023
D&O competition keeping rates lower amid claims uncertainty
Price competition from several newer entrants in the US D&O market has seen a shift in pricing at a time…
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GRM Insurance
March 24, 2023
Mosaic Insurance launches litigation liability coverage
An ‘after the event’ (ATE) insurance litigation liability coverage has been launched by global specialty insurer Mosaic Insurance. The cover…
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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…