Insurance
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Canopius opens APAC office in Australia
Canopius has extended its global reach with the launch of an office in Sydney, Australia, to serve the Asia-Pacific region.…
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Risk managers can deliver competitive advantage through emerging risk analysis: RIMS
Risk and insurance managers often complain that their partners in the insurance sector are unable to effectively identify, measure manage…
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Companies ‘less prepared than ever’ for risk, finds Aon survey
Risk readiness at corporations across the globe is at an all-time low, as standard risk management approaches are caught off-guard…
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IUMI concerned by erosion of global premium base and attritional losses
The International Union of Marine Insurance (IUMI) has warned that while, in general, major losses remain stable, “the continued erosion…
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Willis Towers Watson appoints global head of financial solutions
Christophe Meurier has been appointed as global head of financial solutions at Willis Towers Watson, and will assume the role…
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Lack of understanding and cost holding back use of ART for emerging risks: RIMS study
There is growing interest in the c-suite about using alternative risk transfer (ART) and capital markets tools to tackle emerging…
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Insurers must work to remain relevant as climate change rises up the agenda
Insurers could look back in history to find solutions to some of the challenges posed by climate change and the…
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Insurers could find opportunities in preparing for disasters
The protection gap has become a mantra in developing markets, but the conversation needs to be a broader conversation about…
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Insurers and insureds must work together to combat sustainability risks
Insurers must work together with risk managers, brokers, local authorities, governments and all those with the power to make change,…
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Stephen Catlin launches $1.8bn specialty startup Convex
Stephen Catlin has unveiled his much-anticipated new venture Convex. Mr Catlin has raised $1.8bn to start the new private equity-backed…
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Fitch Ratings more optimistic about African fortunes
Lesotho, Namibia and Zambia have been given negative outlooks by Fitch ratings but overall, the outlook for the African continent…
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African insurance and UN leaders meet in Lagos to drive collaborative action on sustainable development
Leading African insurers and reinsurers along with the United Nations (UN) are meeting in Lagos this week to drive economic,…
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Cape Town drought worsened by man-made emissions
Human influence resulted in a three-fold increase in the risk of the recent Cape Town droughts. That was the stark…
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Aon looks for growth in new products
Aon is planning to ramp up the rollout of new products in 2019, according to CEO Greg Case. Speaking to…
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Lloyd’s insurers form reputational consortium for US risks
Lloyd’s insurers Beazley, Tokio Marine Kiln and RenaissanceRe have joined forces to offer buyers operating in the US cover for…
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Brit adds physical damage to cyber policy
Brit has boosted its cyber insurance product by offering physical damage cover alongside business interruption, data privacy and cyber liability,…
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Run-off sidecars the way ahead
Big insurance company run-off transactions could soon be co-funded by third-party investors using sidecar structures, according to Ken Randall, CEO…
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New Latin America CEO for Swiss Re Corporate Solutions
Swiss Re Corporate Solutions has appointed Angelo Colombo as CEO Latin America, Swiss Re Corporate Solutions. The appointment will become…
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EIOPA reveals priorities for 2019 and insurance stress-test recommendations
The European Insurance and Occupational Pensions Authority (EIOPA) has revealed its priorities for 2019. These encompass new supervisory activities including…
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Pool Re could extend cyber cover, says its CUO
The UK’s terrorism reinsurer Pool Re could extend its cyber offering if the need arises, its chief underwriting officer Steve…