Insurance
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November 22, 2023
Favourable market conditions for financial institutions into 2024
Insurance market conditions will continue to be favourable for financial institutions for the remainder of 2023 and into the first…
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November 22, 2023
European insurers more exposed to weather losses as reinsurers pull back
Fitch Ratings has warned that European insurers have become more exposed to weather-related losses due to reinsurers providing less cover…
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November 22, 2023
Mandatory risk prevention measures needed to close German insurance gap
The German Insurance Association (GDV) has repeated its call for mandatory loss prevention and risk mitigation measures to be introduced…
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November 21, 2023
Howden calls for mobilisation of ‘vast sums’ to protect Global South
Global broker Howden has called for the creation of a range of loss and damage vehicles that it believes could…
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November 21, 2023
French minister urges insurers to speed up claims following €1.3bn storms
French insurers are coming under pressure to respond more proactively and quickly to the needs of citizens, farmers and businesses…
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November 21, 2023
High rates boosting insurers’ resilience to headwinds: Swiss Re
Rate increases for commercial insurance have helped shore up insurers’ profits, which have been simultaneously dented by the impact of…
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November 21, 2023
Asia sees modest price increases amid growing demand for ART
Demand for alternative risk transfer solutions has increased in Asia according to Aon, which said it has seen a growing…
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November 20, 2023
Global insurance market moderates further in Q3 as insurers go for growth: Aon
The global commercial insurance market moderated further in Q3, with prices still rising a touch in most regions, but buyers…
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November 20, 2023
One-size-fits-all benefits packages no longer fit for purpose, says Zurich
Organisations should consider placing wellbeing, technology, inclusivity and social good at the heart of their benefits packages, according to Zurich…
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November 20, 2023
New London-based MGA launched by climate risk underwriter Arbol
Climate risk solutions provider Arbol is expanding into the UK with the launch of a new London-based MGA that will…
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November 20, 2023
Chaucer warns areas of windfarm market tough for buyers
Risk managers of new windfarms in areas exposed to extreme weather risks and those operating ageing windmills have been warned…
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November 20, 2023
UK P&I Club appoints EMEA syndicate manager
UK P&I Club has appointed claims expert Angie Hatziefstratiou as syndicate manager for its EMEA 2 region, covering the UK,…
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November 20, 2023
Gallagher rebrands US management liability practice
Gallagher has renamed its US management liability practice as executive and financial risk practice and appointed Jennifer Sharkey as managing director of…
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November 17, 2023
Transition plans and ESG transparency vital for cover as insurers grapple with EU rules
Insurers will only be able to fully support European clients that comply with a raft of new EU ESG rules…
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November 17, 2023
Ivass ramping up pressure on Italian insurers’ ESG credentials
The Italian insurance supervisor Ivass will more closely monitor the sustainability related investment and underwriting activities of insurers after its…
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November 17, 2023
Nat cats drive ‘exceptional’ claims at Baloise
Swiss insurer Baloise said its earnings have been hit by an ‘exceptionally high’ amount of CHF200m (€208m) from natural catastrophe…
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November 17, 2023
Generali commits to growth while retaining ‘adaptive’ price discipline
Generali said during its nine-months results announcement that it would stand firm on P&C pricing in coming renewals despite promising…
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November 17, 2023
Chilean insurance sector shows resilience and strengthened regulatory framework
The resilience of Chilean insurers in the face of global and domestic pressures, together with the strengthening of the market’s…
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November 16, 2023
Overcapacity likely to accelerate airline insurance sector softening
While insurers try to hold some pricing resolve for the airline insurance sector, over capacity exists for many risks and…
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November 16, 2023
Increasing regulatory risks for global insurance programmes
Alex Gage, head of global programmes – specialty risks, Beazley, spoke to Global Risk Manager about demand for specialty products,…