Tony Dowding
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People Moves
March 18, 2022
New North America regional CEO for Swiss Re Corporate Solutions
Katie McGrath has been appointed regional CEO for Swiss Re Corporate Solutions (SRCS) in North America, subject to regulatory approvals.…
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Asia
March 18, 2022
Marsh appoints Mohit Kanthra as leader of Marsh Specialty in Asia
Mohit Kanthra has been appointed as leader, Marsh Specialty, Asia, with effect from 1 July 2022. According to Marsh, he…
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GRM Insurance
March 17, 2022
Financial market volatility and inflation main threats to insurers from Ukraine crisis
Financial market volatility as a result of the Russia-Ukraine war is more of a threat to the European insurance sector…
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People Moves
March 17, 2022
AXA XL appoints European regional managers
AXA XL has organised its European insurance operations into two geographical hubs of northern Europe – comprising Germany, Switzerland, Austria…
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GRM Insurance
March 17, 2022
Big four European reinsurers grew business at 1 Jan renewals
The big four European reinsurers (Hannover Re, Munich Re, Scor and Swiss Re) see firming conditions at January 2022 renewals…
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Middle East
March 17, 2022
Oman Insurance Company’s syndicate gets Lloyd’s approval
Oman Insurance Company (OIC) Syndicate 2880 has received Lloyd’s approval to begin underwriting. Syndicate 2880 was launched under the syndicate-in-a-box…
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GRM Insurance
March 17, 2022
Munich Re withdraws from Russian business
Munich Re will not renew existing contracts in Russia and Belarus, and new business has been suspended. The group added…
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UK/Ireland
March 16, 2022
Lloyd’s fines Atrium Underwriting more than £1m for bullying and harassment
Lloyd’s has fined Atrium Underwriters more than £1m for charges of bullying and harassment, the largest fine ever imposed by…
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March 16, 2022
Ten reasons why insurance is still relevant
A recent McKinsey report questioned the relevance of the insurance industry in the future, and said it was time for…
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Middle East
March 16, 2022
Turkey to establish nuclear insurance pool this year
A nuclear insurance pool is to be established in Turkey, in order to provide coverage against the risks faced by…
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Cyber & Technology
March 16, 2022
Mosaic forms Bermuda cybersecurity underwriting unit
Mosaic Insurance is launching a cybersecurity underwriting unit in Bermuda and has transferred its cyber team underwriter George Cole from…
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UK/Ireland
March 16, 2022
Use of London market electronic placing platform PPL grows
The number of risks bound in 2021 using the London market PPL electronic placing platform rose by 17%. According to…
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Marine
March 15, 2022
North and Standard P&I Clubs set to merge
Two leading P&I Clubs, North P&I and Standard Club, have entered formal discussions about a proposed merger. The new club…
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GRM Insurance
March 15, 2022
Russian insurer Ingosstrakh facing significant impact from Ukraine crisis
Russian insurer Ingosstrakh could face a significant impact from the Ukrainian crisis, not least in terms of marine business in…
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People Moves
March 15, 2022
New general counsel for Marsh McLennan
Katherine J Brennan has been appointed as senior vice-president and general counsel at Marsh McLennan. She will report to Dan…
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Asia
March 15, 2022
Gallagher fully integrates India business Edelweiss Gallagher and rebrands
Gallagher’s India-based business, Edelweiss Gallagher, has been rebranded as Gallagher. The broker acquired a minority stake in Edelweiss Insurance Brokers…
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Asia
March 14, 2022
Hong Kong insurance industry reports small fall in premiums for 2021
Total gross premiums written by the Hong Kong insurance industry for 2021 totalled $602.7bn, a small decrease (0.9%) from 2020,…
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North America
March 14, 2022
London agency launches inflation protection product for US truck market
A new inflation protection product for the US truck market has been launched by specialist underwriter Attento. The London-based underwriting…
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Asia
March 14, 2022
Everest Insurance looks for growth outside Americas
Everest Insurance is to drive expansion forward in markets outside of the Americas and has appointed Jason Keen and Adam…
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GRM Insurance
March 14, 2022
New LIIBA chair says broking sector is in ‘transformative moment’
The incoming chair of the London & International Insurance Brokers’ Association (LIIBA) has said the global economy is in a…