GRM News & Analysis
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October 5, 2022
IGI names London market veteran as chief underwriting officer
Bermuda’s International General Insurance (IGI) has appointed Christopher Jarvis to the role of chief underwriting officer across the IGI Group.…
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October 5, 2022
Ariel Re gains approval for expanded Lloyd’s managing agency
Bermuda-based Ariel Re has obtained approvals to launch a managing agency at Lloyd’s. The new Ariel Re Managing Agency (ARMA),…
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October 3, 2022
London company market grew 7% in 2021, says IUA
The London company market saw premium income rise by more than 7% in 2021, according to the International Underwriting Association…
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September 26, 2022
The networking alternative
Tony Dowding talked to Olga Collins, chief executive officer of Worldwide Broker Network (WBN), about what makes WBN different, with…
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September 23, 2022
US commercial insurance market looking much better for buyers, says Lockton
From a buyer’s perspective, the US commercial insurance market is in the best shape it has been during the past…
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September 9, 2022
German buyers question territorial exclusions in global programmes sparked by Ukraine war
German insurance buyers feel that international insurers have “overshot the mark” by introducing so-called “territorial exclusions” for Russia, Belarus and,…
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September 8, 2022
Reinsurance market at tipping point as mid-year rate rises highest since 2006: Howden
While there is much talk of primary insurance markets seeing a moderation in pricing, the reinsurance market is facing severe…
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August 31, 2022
Market report: Hard market in India but liberalisation continues
The Indian insurance market is facing similar issues to other global insurance markets with rates still hardening and terms and…
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August 31, 2022
Reinsurers turn from property nat cat to casualty and specialty: Best
The reinsurance sector continues to see positive and negative drivers affecting the market cycle which have tended to counter each…
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August 31, 2022
Insurance buyers will face more scrutiny after recent large product recalls, says Lockton
A number of recent large product recall cases are expected to see underwriters request more granular information on both key…
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August 30, 2022
Global insurance price rises moderate in second quarter, finds Aon
The global insurance market continues to shift to more moderate conditions, with modest price increases combined with growing capacity in…
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August 25, 2022
Increasing number of climate change litigation cases outside US and against non-fossil-fuel firms
Climate change litigation continues to grow in importance, with corporates being targeted as well as governments. While most cases are…
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August 23, 2022
Macroeconomic pressures but structured credit and political risk insurance capacity grows, says Gallagher
Supply issues, inflation and tightening financial conditions, combined with heightened market volatility and increasingly sluggish Chinese growth, as well as…
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August 18, 2022
TMF Group update on IPT rate changes globally
TMF Group has highlighted a number of insurance premium tax (IPT) rate changes from around the globe, together with other…
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August 18, 2022
Captive formation driven by claims, new risks and contractual requirements, says Chubb
The formation of captives by multinationals is being driven by higher claims velocity, new risks and increased contractual requirements, according…
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July 28, 2022
Capacity growing in London market but underwriters maintaining discipline, says Miller
Increased risk capital is being deployed by both existing and new underwriting businesses in the London market, according to Miller’s…
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July 27, 2022
Cyber market to see fluctuating prices and dynamic contract conditions, says S&P
Price fluctuations are likely to be an ongoing characteristic of the cyber insurance market, together with dynamic contract conditions, according…
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July 27, 2022
Tipping point approaching as rates plateau for London market construction sector, says Miller
The London market construction sector is seeing a plateauing of rates, which Miller suggests means a tipping point in the…
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July 26, 2022
Aviation insurance market softens as competition increases, says WTW
The aviation insurance market is continuing to soften as a result of new market entrants, increased appetite from existing insurers…
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June 30, 2022
Africa disproportionately affected by climate change, say insurers
African insurers, reinsurers and brokers will play an important role in assessing and managing the impact of global warming on…