Global Risk Manager
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R&Q confirms talks to sell Accredited
R&Q Insurance Holdings (R&Q) has confirmed that it is in talks to sell its programme management business Accredited. Following press…
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Generali GC&C strengthens senior leadership in Asia
Generali Global Corporate & Commercial (GC&C) has made two appointments to strengthen its leadership team in Asia. Danny La has…
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New insurance partner for DWF London Global Risks
Andrew Symons has joined the DWF London Global Risks team as insurance partner following 11 years at DLA Piper. He…
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Australian insurers warn of heighted bushfire risk
The Insurance Council of Australia (ICA) has warned about the heightened risk of wildfire during the current El Niño conditions,…
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Leading Japanese non-life insurers look for growth abroad
The three largest non-life insurance groups in Japan have all positioned overseas business as a growth driver, says The Toa…
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Global presence, local mindset
As companies expand their operations across international borders, there are many factors that can affect their multinational insurance coverage. Global…
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AEGIS London appoints head of risk
Viren Patel has been appointed head of risk at Lloyd’s insurer AEGIS London. Patel will lead AEGIS London’s risk team,…
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Brown & Brown unit agrees to buy London-based MGA
Brown & Brown Europe, part of US broker Brown & Brown, has agreed to acquire Occam Underwriting, a London-based managing…
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Jump in ransomware attacks could see cyber rates rise
Companies are experiencing a worrisome recent increase in ransomware that could begin to increase the costs of insurance cover, experts…
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Tokio Marine HCC – Specialty Group adds crisis management to international division
Tokio Marine HCC – Specialty Group has incorporated its crisis management insurance team into its international division. The division writes…
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Trium Cyber opens London office for non-US clients
Trium Cyber has opened a London office to write coverage for clients based outside of the US. Industry veteran Amie…
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Travelers to provide capacity for cyber underwriter Corvus in US
Cyber underwriter Corvus Insurance has expanded its relationship with Travelers in the US. Corvus said that, beginning 1 October 2023,…
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US D&O rates decreases expected to moderate into 2024: Woodruff Sawyer
Public US companies will continue to see favourable D&O insurance pricing in the second half of 2023 and into 2024,…
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Airmic ‘encouraged’ by discussions over new UK captive regime
Risk and insurance management association Airmic said it is encouraged by discussions between the London Market Group (LMG), government and…
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AGCS names global head of construction
Darren Smart has been appointed as global head of construction for Allianz Commercial. Smart will join the firm from Liberty…
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Marine hull faces challenges over inflation, alternative fuels and ‘dark fleet’
Despite growth in premiums, inflation is likely to have a significant effect on marine hull insurance going forward, according to…
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Property reinsurance shock may be over but rates unlikely to fall
Rates may increase for many property reinsurance buyers at year-end renewals, but early indicators are that the sharp price hikes…
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E&S market addresses natural catastrophe challenges
The excess and surplus (E&S) lines industry is being challenged by the turmoil created by this year’s natural catastrophes. But…
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MENA reinsurers report double-digit growth and plentiful capacity
Recent market conditions have favoured MENA reinsurers, but operational challenges and deteriorating risk landscapes, particularly for non-oil producing countries, continue…
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Reversal in fortune for global marine insurance market as premium grows
The global marine insurance market has seen a reversal in fortunes according to the International Union of Marine Insurance (IUMI),…