GRM Insurance
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Rate increases accelerate in several US lines but slow in property, says Ivans
US premium renewal rate increases accelerated in several lines of coverage in November but slowed in commercial property, says a…
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Nat cat insured losses to hit $135bn this year: Swiss Re
Insured losses from natural catastrophes are forecast to exceed $135bn in 2024, according to a report from Swiss Re. It…
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Talanx issues $100m parametric cat bond for Chile quake
The German group Talanx has issued its first ever cat bond that should help deliver more capacity for Chilean earthquake…
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D&O market set to remain soft in 2025 despite risk volatility, says Allianz
Directors and officers (D&Os) face further volatility and litigation going into 2025, as they are confronted with multiple and interconnected…
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Significant improvement in US P&C sectors’ underwriting result
The US P&C industry has seen a significant improvement in underwriting returns, recording a $4.1bn net underwriting gain in the…
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New CEO and CUO for Lancashire Insurance US
Lancashire Holdings has appointed James Flude as chief executive officer of Lancashire Insurance US and Huw Jones to the new…
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North American risk and broking head Chang leaves WTW
Michael Chang has left his position as head of corporate risk and broking for North America at WTW. Chang’s departure…
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Zurich looking at commercial and specialty lines for growth
Zurich Insurance is concentrating on growth in the commercial insurance sector, with a focus on multinational business, specialty lines and…
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McGill and Partners launches digital follow form broker facility at Lloyd’s
The first-ever fully digital cross-class follow form broker facility in the Lloyd’s market has been launched by McGill and Partners…
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CyberCube partners with HUB International in North America
Cyber risk analytics firm CyberCube has partnered with HUB International, giving the North American broker the opportunity to leverage CyberCube’s software…
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Profit focus and sound capital drives neutral sector outlook on APAC insurance: Fitch
Fitch Ratings has a neutral outlook for the APAC insurance sector based on its outlooks for the life and non-life…
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Allianz Commercial appoints regional head of multinational in UK
Allie Chadwick has been promoted to regional head of multinational in the UK at Allianz Commercial, effective immediately. She takes…
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Oversupply of capacity driving down airline hull and liability rates
The airline insurance market remains competitive, with plenty of capacity for hull and liability risks, which is driving rates down,…
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WTW to re-enter treaty reinsurance broking
Willis Towers Watson has confirmed it will re-enter the treaty reinsurance broking sector via a joint venture with Bain Capital.…
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Zurich says rates still rising but big variations
Zurich says overall commercial insurance rates continue to rise but there are big variations between risk and geography. The insurer…
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Broker M&A set to continue as clients seek help in risky world
Broker M&A is set to continue as the sector remains highly attractive to investors and outperforms other industries in the…
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Brokerslink launches global trade credit practice
Brokerslink is set to expand the number of its specialty practices, designed to better support international companies, after launching into…
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ART can help blend risk transfer solutions as insurers stick to silos
The insurance industry must start thinking about risks more holistically and back alterative risk transfer (ART) solutions that can help…
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Zurich completes AIG travel deal
Swiss insurer Zurich has completed its purchase of AIG’s global personal travel insurance business. The deal, which was first announced…
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More premium rate stability for US commercial property insureds
US commercial property insureds should see improved premium rate stability as inflationary pressures on replacement costs have eased substantially throughout…