GRM Insurance
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April 30, 2024
New title insurance covers from DUAL Australia
DUAL Australia has launched a new business line focusing on commercial real estate transactions and M&A deals. The new line…
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April 30, 2024
UK employers to maintain existing benefits structures despite cost concerns
Cost is the number one factor driving decisions around employee benefits and wellbeing strategies in UK businesses, according to a…
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April 30, 2024
Credit and political risk insurance broker BPL appoints new director
Lizzie Thomas has been appointed as director at BPL, the broker specialising exclusively in credit and political risk insurance. BPL…
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April 30, 2024
Insured cat losses above average in Q1 but down 43% on last year: Aon
Insured losses caused by natural catastrophes reached at least $17bn for the first quarter of 2024 and were slightly above…
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April 29, 2024
New Africa-focused syndicate launched at Lloyd’s
A new syndicate at Lloyd’s focused on underwriting business across Africa has been launched by Africa Specialty Risks (ASR). It…
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April 29, 2024
Marsh extends Cyber ECHO facility to $125m of excess capacity
Marsh has added another $25m to its excess cyber facility ECHO, bringing its overall capacity to $125m. The broker said…
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April 29, 2024
Beazley grows premiums 7% in Q1 as overall rates flatten
Beazley booked premium growth of 7% for the first quarter of this year to $1.48bn after rate increased slowed to…
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April 29, 2024
Stable outlook for Gulf Cooperation Council insurance markets, says Best
Growth prospects for the insurance markets of the Gulf Cooperation Council (GCC) remain plentiful as new insurable risks enter the…
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April 29, 2024
Hartford profits soar 41% in first quarter
Hartford Financial Services reported first-quarter net income of $748m, a 41% increase compared with the year-ago period. The increase was…
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April 26, 2024
Ferma members told AI will bring risk and reward for corporate insurance buyers
The growing use of artificial intelligence (AI) by insurers promises big benefits for corporate insurance buyers, but also comes with…
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April 26, 2024
Aon’s revenues up 5% as it completes $13bn NFP deal
Aon’s revenues rose 5% in the first quarter of this year, by $199m to $4.07bn, with Commercial Risk Solutions delivering…
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April 26, 2024
Pen extends fleet capacity deal with Zurich in Republic of Ireland
Pen Underwriting has extended its long-term strategic collaboration with Zurich in the Republic of Ireland in support of Pen’s highly…
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April 26, 2024
Mapfre Global Risks boosts profit by 58% despite reduced premiums
Mapfre’s large corporate and industrial unit Global Risks posted a 58% boost to its net result that hit €10.7m for…
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April 26, 2024
Talanx confident of ‘significantly exceeding’ full-year forecast
Hannover-based insurance and reinsurance group Talanx has reported a quarterly consolidated net income of €572m. The group – which contains…
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April 26, 2024
US insurers’ profitability unlikely to be impacted by Baltimore bridge collapse
The Baltimore bridge collapse incident is unlikely to impact the profitability of US insurers, according to GlobalData, despite being one…
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April 26, 2024
WTW posts 4% higher revenue on mixed rating environment
WTW reported $2.34bn in first-quarter revenue, up 4% overall and 5% on an organic basis from the year-earlier period, in…
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April 26, 2024
Gallagher reports 20% revenue increase in Q1 with premiums up 7% at renewal
Arthur J. Gallagher reported double-digit revenue increases in both of its major business segments in the first quarter of 2024,…
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April 26, 2024
Marsh launches global alternative risk solutions practice
A new global alternative risk solutions practice has been launched by Marsh, bringing together its expertise in parametric solutions, alternative…
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April 25, 2024
ICEYE in data collaboration with Juniper Re on flood and wildfire
Satellite-powered disaster management solutions provider ICEYE has formed a new data collaboration with Juniper Re, the reinsurance broking arm of…
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April 25, 2024
Senior appointments in Lockton’s crisis management team
Lockton has made two senior promotions within its crisis management team. Helen Sandford has been appointed head of special crime…