Insurance
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Thomas Miller launches energy and marine MGA Navata
A new standalone MGA business, focusing on energy and marine, has been launched by Thomas Miller. The new MGA, Navata,…
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Zurich Global Employee Benefits Solution launches digital solutions
Zurich has launched a range of digital solutions for its Zurich Global Employee Benefits Solutions (ZGEBS) business with the introduction…
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Strong growth forecast for Brazil’s general insurance industry in 2024
Brazil’s general insurance industry is expected to grow by 10.8% in 2024, driven by increasing demand for policies covering nat…
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‘Unsustainable’ US social inflation spreading to other countries: Swiss Re
Social inflation has driven up US liability claims by 57% over the past decade, with the trend likely to spread…
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Munich Re to maintain ‘significant’ backing for cyber
Munich Re told those gathered at the Monte Carlo Rendez-Vous it plans to “continue providing significant capacity” for cyber risk…
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Aon and Marsh want end of blanket exclusions for Ukraine
Aon and Marsh McLennan have come together to call on the (re)insurance industry to help boost Ukraine’s resilience and economy…
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London ExCel venue wins landmark Covid-19 BI appeal
The UK Court of Appeal has ruled in favour of policyholders and the owner of London’s ExCel conference and exhibition…
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Protection and unity key as FM continues German and global growth
As the German risk and insurance management community gathers for the annual GVNW Symposium, Adrian Ladbury talked to Nigel Todd,…
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Insurance market must rise to challenge of green transition
Adrian Ladbury interviews Udo Kappes, head of insurance at RWE, and finds that, along with many other German and European…
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Funk ‘fully backing’ GVNW’s digital risk placement platform
Leading German independent broker Funk is “fully backing” the GVNW’s new RD-X digital risk data exchange initiative, which the association…
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German hard market is over: WTW
The hard market is over in Germany, price increases have stopped and it will become easier again for companies to…
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Davies acquires Minuteman Adjusters in US
Davies is to acquire the trade and assets of Minuteman Adjusters, a third-party administrator serving global insurance carriers and Lloyd’s…
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PFAS litigation and exclusions to grow in Europe, experts warn
European companies should brace for much more litigation over the use of so-called forever chemicals, or PFAS, and more insurance…
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Insurer M&A activity hits new low, says Clyde & Co
The insurance carrier M&A landscape saw a new 15-year low for first-half-year activity in 2024 with 103 deals, significantly lower…
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Capacity boost for global construction insurance market
The global construction insurance market is experiencing a notable increase in capacity levels in most regions in the market and…
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GVNW expects Extremus extension
The German risk and insurance management association told members this week that it is confident government support for terror insurance…
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Fitch removes positive outlook for global reinsurers as rates pass peak
Ratings agency Fitch is predicting further reductions in property catastrophe rates at the 1 January renewals, triggering a sector outlook…
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AXA appoints Aviva’s Gumber CRO of UK & Ireland
AXA has named Rahul Gumber as its new chief risk officer for UK & Ireland, replacing David Baker. Rahul will…
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Aon calls on reinsurers to ‘lean in’ to complex and interconnected risks
Aon is calling on the reinsurance industry to deploy its record levels of capacity to help insurers address complex and…
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AXA CEO defends oil and gas policy in face of GVNW scepticism
One of Europe’s top insurers defended his company’s restrictions on underwriting risks linked to oil and gas production, despite concerns…