Global Risk Manager
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Political violence covers in Latin America see growing restrictions
Global companies are finding it ever harder to buy coverages for political violence in Latin America, after a spate of…
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RMS says Hurricane Nicholas losses will range between $1.1bn and $2.2bn
RMS estimates that US insured losses from Hurricane Nicholas will be between $1.1bn and $2.2bn. The figures includes wind, storm…
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IPT compliance guide from Sovos highlights changing regulatory landscape
An insurance premium tax (IPT) guide for insurers has been launched by tax compliance firm Sovos. It focuses on IPT…
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Charles Taylor launches specialty lines practice
Insurance services and claims firm Charles Taylor has launched a specialty lines practice, which will be led by Laetitia Fouquet…
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Wagstaff appointed permanent CEO of LMG
The London Market Group (LMG) has named Caroline Wagstaff as its permanent CEO, after she took over on a temporary…
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US D&O increases moderating but SPAC IPOs causing concern
Most US companies continue to experience increases in total cost and retention on their D&O programmes in 2021, but the…
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EC aims to release insurance capital as it announces Solvency II reform
The EC has proposed changes to Solvency II that it claims will better protect insurance buyers while freeing up €90bn…
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Hurricane Ida pushes The Hanover over Q3 cat budget
Hurricane Ida losses have pushed The Hanover Insurance Group beyond its catastrophe allowance for the third quarter. The US group…
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MGA Volante to launch Lloyd’s syndicate in next stage of growth
MGA Volante Capital Holdings has received in-principle approval for a new Lloyd’s syndicate to open for the 2022 year of…
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Finalists announced for European Risk Management Awards 2021
Ferma and Commercial Risk have announced the finalists for this year’s European Risk Management Awards, with the winners to be…
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US federal judge refuses to dismiss restaurant chain’s BI Covid-19 suit
A federal US judge who had already ruled in favour of plaintiffs in at least two Covid-19 business interruption lawsuits…
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Risk and resilience: two sides of the same coin
We all know that understanding how businesses approach risk is key to providing them with the most effective protection, but…
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Cost of UK D&O cover more than doubled in H1 but rises may have peaked: Marsh
UK buyers of D&O liability insurance faced a 110% jump in the cost of premiums during the first half of…
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First-half earnings for US P&C insurers show material improvement, says Fitch
US property and casualty (P&C) insurers saw their statutory earnings materially improve in the first half of 2021, according to…
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New chief executive officer appointed by MS Amlin
Reinsurer MS Amlin has appointed Robert Wiest as chief executive officer. He will take up the role on 3 January…
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Howden appoints Swiss Re’s Cochrane as head of energy transformation
Howden has appointed Stanley Cochrane as head of energy transformation from Swiss Re, to help clients navigate the changing risk…
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Sompo International buys Italian crop insurer ARA
Specialty Bermudan (re)insurer Sompo International is buying Italian agricultural insurer Assicurazioni Rischi Agricoli (ARA) 1857. ARA will become part of…
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WTW sues Marsh over poaching 25 employees
Willis Towers Watson (WTW) has filed suit against Marsh in state court in Chicago over the poaching of 25 employees.…
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DAC Beachcroft report highlights need for interconnected risk solutions
If the challenges and threats facing the insurance industry are connected, so too are the solutions, according to a new…
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Alternative risk transfer solutions are in high demand and are here to stay – here’s why
A year and a half ago, the world at large entered uncharted territory. The nature of the pandemic heightened our…
