Insurance
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March 21, 2024
Fitch predicts moderate rise in profitability for Portugal’s insurers in 2024
Portugal’s non-life insurance sector is expected to report improved profitability in 2024, with rate increases offsetting higher claims frequency and…
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March 20, 2024
Chaucer and US tech firm launch active assailant insurance product
US-based technology firm Gabriel has partnered with specialist insurer Chaucer and crisis management specialists Merrill Herzog to offer a mass…
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March 20, 2024
IUA publishes D&O liability insurance guide for multinationals
The International Underwriting Association (IUA) has published a D&O liability insurance guide addressing the complex compliance, tax and coverage issues…
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March 20, 2024
Record-breaking year for ILS market in 2023
Last year was a record-breaking one for the insurance-linked securities (ILS) market, driven by sustained strong pricing levels for reinsurance…
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March 20, 2024
Sompo appoints CUO for global markets commercial P&C insurance
Richard Allen has been appointed as chief underwriting officer (CUO) for Sompo’s global markets commercial P&C insurance business. He is…
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March 20, 2024
Ardonagh acquires Italian broker Mediass
UK-based broker Ardonagh has acquired independent Italian broker Mediass, which specialises in general liability, motor and professional indemnity to large…
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March 20, 2024
Allianz tops insurer sustainability perception brand value ranking
Allianz has topped a listing of insurance brand value and its sustainability perceptions, carried out by brand valuation consultancy Brand…
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March 19, 2024
Tech, talent and collaboration top Darim agenda
Denmark’s risk and insurance management association (Darim) has chosen collaboration as the theme of its annual members’ conference in Copenhagen…
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March 19, 2024
ESG to the fore in M&A deals
With a rebound in mergers and acquisitions (M&A) activity predicted in 2024, ESG Risk Review talked to Luise O’Gorman, Aon’s…
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March 19, 2024
Indonesian general insurance industry to see strong growth in 2024
The general insurance industry in Indonesia is expected to grow by 14.8% in 2024, driven by favourable regulatory reforms, rising…
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March 19, 2024
Specialist insurer CFC enters carbon insurance market
Specialist London-headquartered insurer CFC has entered the carbon insurance market with the launch of a new product – carbon delivery…
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March 19, 2024
Stability returning to EMEA insurers’ credit ratings, says AM Best
Credit ratings at European insurers and reinsurers are more stable following strong premium rate increases and a comparatively benign year…
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March 19, 2024
Hong Kong general insurance sector sees premiums rise but profit fall
The Hong Kong general insurance industry saw total gross premiums increase by 4.1% to $67.3bn in 2023, according to provisional…
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March 19, 2024
Chubb launches global transactional risk platform
Chubb has launched a global transactional risk platform that will offer its products across international markets while boosting its existing…
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March 19, 2024
Hannover Re beats guidance after 134% gain in net income to €1.83bn
Hannover Re’s net income more than doubled in 2023 to €1.83bn from €781m, beating earnings guidance of €1.7bn after Q4…
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March 19, 2024
UK SMEs ‘woefully unprepared’ for cyber threat
New research commissioned by London-based cyber MGA Cowbell has found that UK SMEs are “woefully unprepared” to react to a…
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March 19, 2024
German Cartel Office gives green light to Gothaer-Barmenia merger
The German Federal Cartel Office has approved the planned merger between Cologne-based Gothaer and Barmenia from Wuppertal to create one…
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March 18, 2024
Corporates gaining confidence in parametric solutions
Martin Hotz, head parametric nat cat, Swiss Re Corporate Solutions , talked to Global Risk Manager about the growing interest…
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March 18, 2024
Miller adds to new fine art and specie team
Miller has added Lance Thorpe as a specie account executive within its recently created fine art and specie team, which…
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March 15, 2024
UK government urged to support new reinsurance panel for combustible clad buildings
A new reinsurance facility covering commercial and residential buildings cladded in combustible materials has been launched in the UK, more…