GRM News & Analysis
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Swiss Re Corporate Solutions recovery on track for sub-97% combined ratio
Efforts to improve the profitability of Swiss Re’s Corporate Solutions business are paying off, with the corporate insurer on track…
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Global insurance industry and UK’s Prince of Wales launch climate change taskforce
The UK’s Prince of Wales has launched a new partnership with the global insurance industry to help drive action to…
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European rates set to rise into 2022, says Moody’s
European commercial P&C rates will rise for the rest of 2021 and into 2022 as insurers reprice with greater risk…
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New partner for TigerRisk Partners’ trade credit, surety and political risk business
James Loggie is to join TigerRisk Partner’s global trade credit, surety and political risk business as a partner, based in…
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Chaucer launches new ‘Belt and Road’ consortium at Lloyd’s
A new ‘Belt and Road’ consortium has been launched at Lloyd’s by Chaucer that will initially underwrite political violence risks,…
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Most expensive cities for international employees revealed
There are some surprising entries in the 2021 Cost of Living City Ranking from Mercer, which multinationals might be interested…
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Howden names Allianz’ Schaefer German CEO as it seeks acquisitions
Howden has named Allianz’ Holger Schaefer as its next German CEO, where he will drive the search for acquisitions in…
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South Korea’s major insurers to stop underwriting new coal power
South Korea’s three major non-life insurers have told Reuters they will no longer provide coverage for new coal power projects,…
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Strategic Risk Solutions appoints new MD of European finance and compliance
Strategic Risk Solutions (SRS) has named Maxime Schons as managing director of European finance and compliance to continue its expansion…
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Generali to acquire AXA’s Malaysian insurance operations
AXA is to sell its sell its insurance operations in Malaysia to Generali. The operations include AXA’s 49.99% shareholding in…
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LMA introduces new delegated authority model to boost business
A new model for delegated authority business has been revealed by the Lloyd’s Market Association (LMA). According to the LMA:…
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Liberty Mutual names Sweeney president
Liberty Mutual has announced new executive leadership including the promotion of Tim Sweeney to the newly created position of company…
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European insurers hungry for M&A in 2021: Moody’s
Europe’s insurers and reinsurers have a “stronger appetite” for mergers and acquisitions (M&A) as they come out the other side…
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New environmental liability guide from IUA
The International Underwriting Association (IUA) has published a new environmental liability guide, which underlines that general liability policies provide extremely…
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Insurance Europe calls for removal of trade and market access barriers
A number of trade and market access barriers that European (re)insurers face in Argentina, Brazil, Canada, India and Indonesia should…