Insurance
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Tokio Marine partners with insurtech for PI platform
Tokio Marine HCC has teamed up with insurtech startup Worry+Peace to launch an exclusive insurance platform for the professional indemnity…
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Power companies face climate change insurance backlash
Traditional power and energy companies face significant disruption to their business in 2019, with risks ranging from withdrawal of insurance…
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MMC reports 5% uptick in Q4 revenue and 4% rise for 2018
Marsh & McLennan Companies (MMC) has reported 5% underlying revenue growth during the fourth quarter to $3.7bn, with the same…
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Arthur J Gallagher reports around 6% organic growth for Q4 and full year
Broker Arthur J Gallagher reported 11% growth in total revenue during Q4 with organic growth of 5.8%. Broker revenue topped…
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Financial Stability Institute paper tackles proportionate solvency regulation
The Financial Stability Institute (FSI) has published a paper that outlines various regulatory approaches to proportionate solvency regulation. The paper,…
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Challenging market conditions in MENA but rated insurers well capitalised, says Best
Re/insurers rated by AM Best in the Middle East and Africa generally remain well capitalised, despite political instability and the…
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Chubb names claims director for Europe and Africa
Chubb has appointed Julie Chalmers as claims director for Europe, Eurasia and Africa. Ms Chalmers takes up the new role…
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Zurich focuses on global A&H business with new appointment
Zurich Insurance Group is focusing on accident and health (A&H) business, with the appointment of a new head of A&H…
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Pioneer Underwriters forms global financial institutions team
Pioneer Underwriters has formed a global financial institutions underwriting operation. It said it has unified its financial institutions businesses into…
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UK insurers ordered to lay out plans to reduce silent cyber exposures
UK insurers, including Lloyd’s, have been ordered to provide their regulator with plans to reduce exposure to silent cyber risk,…
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IAIS systemic risk framework lacks clarity, says Insurance Europe
Insurance Europe has warned that the International Association of Insurance Supervisors’ (IAIS) proposal for a new holistic framework for identifying…
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AIG appoints global head of A&H general insurance
AIG has appointed Edward Levin as global head of accident and health (A&H), general insurance. In this new role, he…
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Zurich names winners of first insurtech competition
Insurtech startup Chisel Al has won Zurich’s first global competition to find innovative ideas and support new insurtech developments, ultimately…
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Allianz hoping for top three spot in Nigeria
Allianz Nigeria Insurance has launched itself launched into the Nigerian insurance market with the aim of climbing into the top…
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Nigerians urged to buy insurance
Nigerians have been urged to buy more insurance to mitigate risks in their businesses. In recent years, there has been…
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New CEO named for Nigeria’s Goldlink Insurance
Nigeria’s Goldlink Insurance has completed a change in its board and management, as a result of the restructuring of the…
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International programmes – claims handling
As companies continue to expand globally, the swift and efficient handling of insurance claims is of huge importance. International programmes…
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AXA XL expands Cyence cyber risk analytics to clients across the globe
AXA XL has expanded its partnership with Guidewire Software Inc to allow customers across the world to access the firm’s…
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S&P forecast mergers in Dutch insurance market
Further consolidation in the Dutch insurance market, coupled with profitability issues, could affect the creditworthiness of the country’s insurers this…
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Neon Italy appoints Generali’s Olivari as claims manager
Lloyd’s underwriter Neon has appointed Paolo Olivari as claims manager at its Italian operation. Reporting to Sergio Revello, CEO of…