GRM News & Analysis
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Major industry claims trend report from Sedgwick
Sedgwick has released its Imagine 23 report of major industry trends and issues that are going to dominate the year…
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Revisit valuations and policy limits as inflation rises, says WTW
WTW has urged risk managers to revisit valuations and policy limits in order to mitigate against inflationary effects and ensure…
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Renewable energy insurance market to see price increases in 2023, says WTW
The insurance market for renewable energy in 2023 is likely to see single-digit increases in overall premium, driven by a…
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Reinsurance renewal signals new reality for buyers, says Aon
The January 2023 renewal was the most challenging in a generation, as the reinsurance market underwent a fundamental shift in…
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Insurance buyers should take advantage of D&O market now, says Aon
The global D&O insurance market is experiencing clear and consistent signs of softening, with better pricing, broader terms and greater…
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US P&C market more competitive than in recent years, says Lockton
Conditions across many major lines in the US, including D&O liability, cyber and umbrella/excess liability are better for buyers and…
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Stable pricing in Asia-Pacific and the Americas with focus on risk quality, says Aon
Pricing stabilised for most lines in Asia-Pacific, North America and Latin America in the third quarter of 2022, despite bigger…
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ESG-related litigation on the rise in Europe
Corporate Europe has been far more successful in its efforts to resist the kind of litigation persistently faced by its…
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Competitive market for US product recall despite losses, says Gallagher
The US product recall market has remained competitive due to multiple new entries over the last two years, according to…
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African Risk Capacity launches parametric cover for epidemic risks
African Risk Capacity (ARC), the mutual created by the African Union (AU) to help member states better prepare for and…
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Gallagher report highlights much improved D&O market globally
Overall insurer competition has increased in the D&O sector globally, with significant price decreases as a result, according to Gallagher.…
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Shift in US captive deployment sees diverse portfolios, says WTW
There is growing consideration being given by US-parented captives to emerging risks and risks not previously financed through captives, according…
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Airmic launches AXA Climate School to help members manage transition
UK risk management association Airmic is launching a climate change learning programme in collaboration with AXA Climate to help members…
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US market shows ‘demonstrable improvement’ going into 2023: WTW
A brighter picture for risk and insurance managers in the US has appeared in the second half of 2022, according…
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Stable D&O market in 2023 as competition increases, says WTW
The D&O market is likely to remain stable and competitive into 2023 as a result of increased capacity from newer…
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Airline insurance market braces for Q4 price rises, says WTW
Price rises for the airline insurance market seem likely during the Q4 renewal season, according to WTW. It says that…
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Expansion into new markets – understanding the risks
There is little doubt that Covid, Russia and inflation, have created a volatile and unprecedented period of uncertainty. In addition,…
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Sound data strategy vital for complex multinational programmes, says Marsh
Robust data is critical both to securing coverage and to identifying potential gaps or overlaps for insurance programmes that span…
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Solid results from Travelers but bad news for risk managers on outlook
Further bad news for risk and insurance managers in the US and worldwide came from leading US insurer Travelers, as…
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Challenging conditions for global construction professional liability, says WTW
No professional liability sector has been harder hit during the last 12 months than construction, according to WTW. In its…