Construction
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17.10.2024
CONFERENCE: Construction Risk Management Asia 2024
The recently published Global Construction Futures Report, produced by Oxford Economics, predicts that completed global construction work will grow over…
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March 11, 2024
HDI Global makes board changes as McDonald exits
Industrial insurer HDI Global, owned by Talanx, has announced changes at board level, with Claire McDonald – head of HDI…
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February 27, 2024
WTW launches Bermuda excess casualty construction facility
A Bermuda excess casualty construction facility has been launched by WTW, tailored to meet the needs of clients in the…
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February 26, 2024
Valencia fire sparks cladding concern as Mapfre confirms it is on cover
The fire that killed at least ten people in Valencia last week has triggered a debate in Spain about the…
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February 16, 2024
Mass timber will ‘transform’ construction risk landscape, warns Allianz Commercial
The projected growth in mass timber construction as the building sector transitions from concrete and steel will bring new risk…
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February 16, 2024
North American construction casualty team launched by Lockton
Lockton has launched a North American construction casualty team with the appointment of Oliver Ross as senior vice-president within the…
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February 9, 2024
Insurers must adapt to energy transition or disappear, warns risk manager
The insurance industry runs the risk of disappearing if it does not adapt to climate change and the ESG agenda,…
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February 7, 2024
London market may be moving into softer territory, says Miller
As capacity chases income, the London market may be at the top of the “slippery slope into softer market territory”,…
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February 2, 2024
Axis bullish on specialty lines despite reserve hit
Bermuda-based specialty insurer and reinsurer Axis Capital assured shareholders and policyholders that its underlying business is firmly on track despite…
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January 12, 2024
Amrae expects French-based captive boom in 2024
French risk management association Amrae expects the number of captives domiciled in France to grow significantly this year, going from…
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January 11, 2024
RSA and Brit launch $285m project cargo consortium
RSA Insurance and Brit have partnered to offer $285m capacity in the London market for global project cargo risks. Launching…
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January 1, 2024
Positive renewal pricing trends for North American contractors: WTW
There are positive trends in renewal pricing for contractors, according to the WTW North America construction broking team. However, speaking…
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December 11, 2023
Africa Specialty Risks launches Lloyd’s syndicate
Africa Specialty Risks and Apollo Syndicate Management are set to launch a new syndicate at Lloyd’s in 2024 focused on…
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December 11, 2023
Positive ESG means extra PI cover for construction contractors
Construction contractors outside of the US will have access to additional professional indemnity (PI) cover based on their ESG performance…
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December 8, 2023
Zurich cautious over financial lines and motor risks
Zurich is being cautious and keeping a “close eye” on financial lines business given the current soft market, with particular…
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December 7, 2023
Howden investment allows insurtech to transition to construction MGA
London-based Insurtech Rosetta Risk Management (RRM) has secured investment from Howden Ventures that will enable it to transition to a…
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December 1, 2023
Mixed primary market outlook for 2024: Zurich
Zurich has painted a mixed picture for European insurance buyers next year with some areas, such as marine, stabilising, and…
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November 27, 2023
Specialty broker Consilium books 35% growth and targets further expansion
Specialty broker Consilium has reported 35% growth in revenue for the year ending June 2023, booking gross written premiums of…
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November 22, 2023
Construction firms turn to telematics to cut auto risks
Implementing telematics in vehicles can help construction companies monitor driver behaviour and then use the data to develop a safety…
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November 15, 2023
Aspen launches UK construction mental health solution
Aspen Insurance, in partnership with business continuity and risk management specialist BCarm, has launched Construction Wellbeing, a solution to support…