Tony Dowding
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GRM Comment & Opinion
November 3, 2021
Top ten criteria for premium allocation to subsidiaries
In a global programme, the premium spend of the group will need to be allocated to the different subsidiaries according…
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M&A
November 3, 2021
Willis Towers Watson to acquire remaining 51% in WTW India
Willis Towers Watson (WTW) has signed an agreement to acquire the remaining 51% shares in Willis Towers Watson India Insurance…
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GRM Legal & Regulation
November 3, 2021
IAIS to urgently advance work to address climate change risks
The International Association of Insurance Supervisors (IAIS) has confirmed its continued commitment to urgently advance work to address risks and…
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Supply Chain
November 2, 2021
Global crisis could see greater demand for supply chain insurance over BI cover
The global supply chain crisis has exposed the limits of business interruption insurance and, over the long term, demand for…
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Aviation
November 2, 2021
New aerospace unit launched by Applied Underwriters
Applied Underwriters has launched Applied Underwriters Aerospace with the former PartnerRe direct and facultative (D&F) space team, led by veteran…
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People Moves
November 2, 2021
Vantage appoints CEO of insurance
Alex Blanco has been appointed as CEO of insurance at new Bermuda-based re/insurer Vantage Group Holdings. According to the re/insurer,…
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ESG
November 2, 2021
US insurers adapting to growing ESG demands
A survey of US insurance companies by AM Best has found that six in ten agree that demand from stakeholders…
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People Moves
November 2, 2021
Chaucer appoints head of new marine specialty division
Mike Smith has been appointed by Chaucer to head up its new marine specialty division, which includes marine PI and…
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GRM Partner Content
November 1, 2021
Multinational auto liability: confidence, control and collaboration
While commercial insurance is widely used to effectively manage risk and satisfy contractual obligations, most coverages are not considered mandatory.…
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Marine
November 1, 2021
Standard Club expands Asia-Pacific presence
Specialist marine and energy insurer Standard Club is expanding its presence in the Asia-Pacific region with the launch of the…
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Asia
October 29, 2021
Asia commercial insurance prices increased 6% in third quarter, says Marsh
Commercial insurance prices in Asia increased 6% in the third quarter of 2021, according to Marsh’s Global Insurance Market Index.…
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GRM Insurance
October 29, 2021
DUAL North America launches international political violence and terrorism programme
A comprehensive, standalone political violence and terrorism programme has been launched by DUAL North America. The programme will offer coverage…
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GRM News & Analysis
October 28, 2021
PwC report highlights climate change and cybercrime as non-life insurers’ main concerns
The rise in catastrophe risk in climate change, together with the growth in cybercrime, are the leading concerns of non-life…
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People Moves
October 28, 2021
Gallagher appoints specialty energy team partner
Gallagher has appointed William Peilow as a partner in its specialty energy team. He will join in January 2022 and…
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GRM News & Analysis
October 28, 2021
US rate increases slowing in fourth quarter but rate and capacity challenges continue
The fourth quarter of 2021 shows signs of limited relief as US rate increases appear to be slowing down for…
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GRM Insurance
October 28, 2021
IQUW plans to acquire Agora Holdings
Specialty insurer IQUW is set to acquire Agora Holdings, the group responsible for providing underwriting services to Agora, Lloyd’s syndicate…
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North America
October 27, 2021
US commercial pricing continues to harden, according to IVANS Index
Premium renewal rates continued to increase year over year in the third quarter of 2021 for all major US commercial…
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GRM Insurance
October 27, 2021
Reinsurers expect further price rises as result of nat cats, says Fitch
Fitch Ratings has noted that several reinsurers said at September’s Monte Carlo Rendez-Vous and October’s Baden-Baden reinsurance meeting that they…
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People Moves
October 27, 2021
Liberty Mutual appoints executive VP to global risk solutions
Liberty Mutual Insurance has appointed Neal Bhatnagar as executive vice-president, major accounts casualty, global risk solutions, with effect from 8…
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GRM Insurance
October 26, 2021
Negative outlook for Colombia and Costa Rica’s insurance industry, says Best
AM Best is maintaining a negative market segment outlook on Colombia’s insurance industry, and has assigned a negative market segment…