Insurance
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Beazley offers more capacity to risk managers that meet Marsh’s ESG Risk Rating
Beazley is going to grant more capacity through its Lloyd’s of London Syndicate 4321 to companies that perform well on…
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US casino Covid BI ruling turns against insured in favour of Zurich, AIG and Allianz
A New Jersey appeals court overturned a lower court and ruled against an Atlantic City casino and in favour of…
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A J Gallagher buys Ireland retail broker
Arthur J Gallagher has acquired Irish firm INNOVU for an undisclosed fee. As first reported in our sister publication Business…
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GC&C and GEB merged into new French unit under Generali reshuffle
Generali has announced a significant reorganisation of its management structure that sees all its global business lines – Generali Corporate…
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French insurers report €1.26bn in claims from recent storms
French insurers have incurred some €1.26bn in claims from bad weather at the start of June and in late May,…
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Australian insurers to see 6% premium growth on higher rates
Higher risk pricing and claims inflation are expected to lead to a 6% growth in non-life premiums in Australia, according…
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New leadership at Lufthansa captive
Cologne-based Delvag Versicherungs-AG, the insurance arm of German airline Luftahansa, has appointed two experienced underwriters – Dennis Heinen and Markus…
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Everest Insurance expands into Asia with Singapore office
Everest Insurance has entered the Asian market with the opening of an office in Singapore. Everest, the insurance division of…
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Argo names Bradley CEO as Rehnberg departs
Argo has appointed Thomas C Bradley as its permanent CEO to replace Kevin Rehnberg, who is leaving the firm. Bradley…
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Miller appoints head of media, TV and film
Miller has appointed Susana Bramwell to lead Miller’s expansion into media, TV and film. She will join Miller later this…
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More data vital for better renewal outcome on US property risks, says Gallagher
US property underwriters are requiring more data to work on submissions and, in particular, insureds need to focus on replacement…
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Insurance M&A down in H1
Insurance sector deal activity slowed by almost a third in the first part of 2022 but is expected to rise…
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Pool Re to invest in terrorism risk management solutions
Pool Re is embarking on a new chapter that will see the UK’s state-backed terrorism reinsurer modernise its reinsurance offering,…
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BELFOR cements Scandinavian position through SSG acquisition
BELFOR, a leading provider of disaster recovery services, and SSG, the Scandinavian market leader in damage restoration services, have joined…
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UK government warned of ‘complacency’ over post-Brexit financial sector and ‘reluctance’ to rebuild EU relationship
The UK government has been warned against “complacency” over the future of the UK’s financial sector since Brexit and its…
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Slowing rate increases in energy sector, says Gallagher
The global energy market is seeing varying rate increases depending on loss records for upstream risks and relatively low rate…
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Arch Insurance International appoints head of professional indemnity
Arch Insurance International has appointed David Longley as head of professional indemnity (PI). Longley will manage Arch’s London market SME…
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Eiopa promises to give volatility facing Europe’s insurers its ‘full attention’
The European Insurance and Occupational Pensions Authority (Eiopa) says the combined impact of Covid-19, supply chain bottlenecks, Russia’s invasion of…
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Swiss insurers deepen commitment to sustainable investment and underwriting
Swiss insurers now link some 80% of their investments to sustainability criteria, according to the Swiss Insurance Association (SVV). The…
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DAC Beachcroft and Germany’s BLD deepen partnership on multinational risks
London-based international law firm DAC Beachcroft (DACB) has signed a cooperation agreement to expand its relationship with existing Legalign Global…
