Tony Dowding
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People Moves
January 5, 2022
New partner at TigerRisk Partners’ North America team
TigerRisk Partners has appointed Will Cheney as a partner in its North America team. He will focus on reinsurance, capital…
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Executive & D&O
January 4, 2022
D&O MGA Banyan Risk launches Canadian subsidiary
Bermuda-based managing general agent (MGA) Banyan Risk, which specialises in D&O insurance risk solutions, has launched a subsidiary in Canada.…
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GRM Insurance
January 4, 2022
Canopius syndicates in loss portfolio transfer with RiverStone International
Specialty (re)insurer Canopius Group has completed a loss portfolio transfer (LPT) agreement with RiverStone International covering discontinued classes of business…
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People Moves
January 4, 2022
New deputy director of underwriting at Fidelis
Fidelis Insurance has promoted Louise Jarvis to the position of deputy director of underwriting. This role is in addition to…
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People Moves
January 4, 2022
BMS Re appoints EVP of Latin America and Caribbean
Juan Carlos Gomez has been appointed as executive vice-president of specialist reinsurance broker BMS Re Latin America and Caribbean. According…
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GRM News & Analysis
December 23, 2021
Shifting defence tactics for US nuclear verdicts
The soaring costs of nuclear verdicts have reached a point where transportation companies, product makers and other defendants are more…
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Asia
December 23, 2021
Marsh takes large majority stake in Marsh India Insurance Brokers
Marsh has increased its shareholding in Marsh India Insurance Brokers from 49% to 92%. Marsh said it has acquired the…
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Asia
December 22, 2021
New chairman of Insurance Authority of Hong Kong
Stephen Yiu Kin-wah has been appointed as chairman of the Insurance Authority of Hong Kong (IA). He succeeds Dr Moses…
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GRM Comment & Opinion
December 21, 2021
Season’s greetings: predictions and new year’s resolutions
Times are gloomy but it is important to remember what the festive season is all about. Renewals. Only joking, obviously…
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GRM Insurance
December 21, 2021
Argo to focus on US specialty business as it sells ArgoGlobal SE
Bermuda-based specialty insurer Argo Group is to sell ArgoGlobal SE in order to focus on its US specialty business. Under…
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Trade Credit
December 21, 2021
New global line head of political and credit risk at SCOR Specialty
Henry Mumme-Young has been appointed as global line head of political and credit risk at SCOR Specialty Insurance, with immediate…
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Cyber & Technology
December 20, 2021
Clyde & Co predicts ongoing cyber insurance challenges for US insureds in 2022
Law firm Clyde & Co predicts that next year US insureds will continue to face hurdles arising from stricter underwriting…
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Energy
December 17, 2021
GCube adds to global underwriting team
Renewable energy projects underwriter GCube has added new members to its global underwriting team, including Jake Rowland, former advisory representative…
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Property
December 17, 2021
MGA Vave partners with AI property data platform Arturo
Managing general agent (MGA) Vave has signed a multiyear deal with Arturo, an AI-powered platform that derives property insights and…
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People Moves
December 17, 2021
Sompo CEO takes wider role as chairman
Sompo Holdings CEO Kengo Sakurada has been named chairman of the group, in addition to his role as chief executive.…
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Employee Benefits
December 17, 2021
Allianz Global Benefits adds Spanish healthcare specialist to network
Sanitas, a leading healthcare specialist in Spain, has joined the Allianz Global Benefits Network. Sanitas and Allianz Global Benefits have…
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Latin America
December 17, 2021
Neutral outlook for Latin American insurance sector from Fitch Ratings
The Latin American insurance sector has a neutral outlook from Fitch Ratings for 2022 in most markets. The ratings agency…
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People Moves
December 17, 2021
Bermuda-based Hamilton Insurance appoints E&S leaders
Hamilton Insurance Group has appointed two leaders as it expands its US-based book of excess and surplus lines (E&S) insurance…
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GRM News & Analysis
December 16, 2021
Bright future for captives, says Tennessee’s newly appointed captive director
Since Tennessee began modernising its captive insurance law ten years ago, the domicile has seen steady growth, rising to ninth…
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North America
December 16, 2021
US tornadoes not a capital event for (re)insurers, but add to pricing pressure, says Fitch
The recent tornadoes across Kentucky, Arkansas, Illinois, Mississippi, Missouri and Tennessee are expected to generate significant economic and insured losses,…