GRM News & Analysis
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Ping An Health joins Zurich’s global partner network
Chinese health insurer Ping An Health has been added to Zurich Insurance Group’s global network of insurance providers for the…
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Leading Spanish insurance litigator joins DAC Beachcroft in Madrid
Pablo Guillén has been appointed as a partner in DAC Beachcroft’s global insurance practice in Madrid. DAC Beachcroft said Mr…
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The Hartford’s profits fall 9% in Q1
The Hartford reported a 9% decline in net income during the first quarter of 2021, largely due to its $650m…
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Chubb ‘disappointed’ by The Hartford’s rejection of increased offer
Chubb is “disappointed” by The Hartford’s rejection of its increased offer for the insurer, which the would-be acquirer described as…
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The Hartford rejects increased offers from Chubb
The Hartford has knocked back two more “unsolicited” offers from Chubb, which raised its bid from $65 a share to…
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The Geneva Association calls for government action on pandemic risk schemes
Governments must act as the “insurers of last resort” for business interruption (BI) losses from future pandemics, according to The…
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Captive-based insurance solution launched to unlock US cannabis market
The US National Cannabis Risk Management Association (NCRMA) has launched a new insurance solution for members, through a captive endorsed…
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Marsh appoints head of office for Swedish captive operations
Alex Dahlmann has been appointed as head of office for its Swedish captive operations, Marsh Management Services AB Sweden. According…
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Arthur J. Gallagher takes shareholding in MENA specialist ACE
Arthur J. Gallagher & Co has agreed to a strategic partnership with MIG Holding Ltd (MIG Group). As part of…
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Chaucer appoints political risks and credit underwriter in Singapore
Specialty (re)insurance group Chaucer has appointed Jaime Taylor as class underwriter in the political risks and credit team of its…
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Howden acquires Spanish broker ARTAI and opens new Swiss office
Howden has continued its European expansion with the acquisition of Spain’s largest independent corporate broker ARTAI for an undisclosed fee.…
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German insurance managers advised to question what cover they really need
German insurance managers are advised to start their renewals as early as possible, be transparent with brokers and insurers, look…
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Sales to secure Aon-Willis deal could take many forms, say analysts
With European regulators apparently pushing for multiple divestitures by Aon before approving its purchase of rival Willis Towers Watson (WTW),…
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Travelers reports 22% Q1 profit gain despite cat losses
Travelers expects commercial insurance price rises to continue, as it reported a 22% jump in first-quarter profit despite a record…
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Howden names Aon’s Felix Jenny as CEO of new Swiss office
Howden has launched a new retail operation in Switzerland to serve the local market and multinational clients. The insurance broker…
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Guernsey reports surge of interest in pension longevity risk transfer deals
Guernsey has seen a “surge” of pension longevity risk transfer deals during the past 18 months, which have continued throughout…
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Labuan IBFC and Qatar Financial Centre Authority sign cooperation agreement
The Qatar Financial Centre Authority (QFC Authority) has signed a memorandum of understanding (MoU) with Labuan IBFC Inc, the promotional…
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Generali Global Corporate & Commercial appoints global head of casualty underwriting
Generali Global Corporate & Commercial (Generali GC&C) has appointed Reto Arrigoni as its new global head of casualty underwriting. It…
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Allianz Global Corporate & Specialty appoints new head of capital solutions unit
David Brown is to take over as head of Allianz Global Corporate & Specialty’s (AGCS) capital solutions unit from 1…
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Top reinsurers record lowest profit since 2008, finds Aon
The world’s top 23 reinsurers booked a combined net profit of $5.4bn last year, down 70% on 2019 and the…