Insurance
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The changing terrorism threat and how it can be managed within global programmes
Companies are acutely aware that they face terrorism risk both at home and overseas. The nature of this threat is…
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Gibraltar issues no-deal Brexit guidance for financial services sector
The Government of Gibraltar has issued guidance for companies in the territory’s financial services sector in the event of a…
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Lloyd’s and Bermuda should grow market for mutual benefit
Lloyd’s and Bermuda should focus more on growing the size of the overall insurance market for mutual benefit than on…
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Mactavish challenges insurance industry over ‘flawed’ cyber cover
Mactavish has called on the insurance industry to guarantee that eight “flaws” it argues are commonly found in cyber policies…
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Munich Re estimates Ethiopian Airlines crash and Boeing losses up to €120m
Munich Re has estimated it faces losses of between €100m and €120m from the Ethiopian Airlines crash and subsequent grounding…
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Diversity festival Dive In confirmed for 2019
Commercial Risk is again supporting this year’s Dive In festival promoting diversity and inclusion in insurance, as the event marks…
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Rated UK insurers well prepared for Brexit, says Best
UK insurers rated by AM Best are generally well prepared for Brexit, even a no-deal Brexit, according to the ratings…
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Risk of resource nationalism rises significantly in 30 countries, finds Verisk Maplecroft index
Investors face “significantly” higher risk of resource nationalism in 30 countries compared to last year, according to Verisk Maplecroft’s latest…
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Liberty’s new European operation in Luxembourg opens for business
Liberty Specialty Markets has opened its new European insurance company, Liberty Mutual Insurance Europe, in Luxembourg. The move will ensure…
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Asian P&C rates to rise by 10% says WTW
Global broker Willis Towers Watson (WTW) has forecast that catastrophe loss-affected property and casualty (P&C) rates will rise by at…
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Skills shortage holding back cyber insurance market
A shortage of cyber expertise is curtailing growth in the cyber insurance market, experts warn...
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Africa offers largest potential for growth
Munich Re remains confident that Africa has the largest potential of any region globally for growth and plans to support…
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New business interruption cover offered at no cost to South African firms
South African insurer MiWay has added business interruption cover to its commercial insurance bundles, at no extra cost. Christiaan Steyn,…
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SCOR names leaders in new specialty insurance team
SCOR Global P&C has made several top-level internal appointments following changes to its organisational structure in September last year, which…
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Risk and insurance industry pins hopes on Ogden Rate change as review gets underway
A review of the UK’s personal injury discount rate, applied by courts to adjust for investment of large compensation awards,…
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Dark privacy risk lays ahead, warns cyber expert
Dark privacy is set to become one of the biggest cyber risks facing business as data is increasingly used to…
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Insurance growth in China to be boosted by economic fiscal measures
China's government will make stronger use of fiscal measures to support economic growth in 2019-2020, at a time that scope…
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AGCS names Hartmut Mai as Andreas Berger’s replacement
Allianz Global Corporate & Specialty (AGCS) has appointed Hartmut Mai as chief regions and markets officer for central and eastern…
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AIG hires new head for Singapore office
Global insurer AIG has appointed Christian Sandric to act as president and chief executive of its Singapore office. Mr Sandric,…
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Beazley integrates cyber covers for UK buyers
Beazley has made changes to its UK cyber insurance policies, integrating cover for cyber extortion, data recovery costs, business interruption,…