Insurance
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German market to gets to grips with silent cyber in 2020, says Clyde & Co
Efforts to tackle silent cyber will step up in Germany next year, with regulators putting non-affirmative cyber risks at the…
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EU class action proposals face key vote
With the European Parliament due to vote on EU-wide class action proposals in January, just months after Germany introduced collective…
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UK whiplash reforms pass into law
The Civil Liability Bill, UK legislation to curb the cost of whiplash claims, has received Royal Assent and is now…
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Sonja Rottiers appointed CEO of Lloyd’s Brussels
Sonja Rottiers, who has more than 30 years’ experience of working in the Belgian financial services industry, has been named…
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Zurich uses war clause to deny NotPetya property cyber claim
A cyber coverage dispute between Zurich Insurance and food manufacturer Mondelez International over a war exclusion exposes a worrying problem…
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UK and Ireland leaders named for Marsh JLT Specialty
Marsh has named key UK leaders of its future Marsh JLT Specialty business, which will be formed when Marsh &…
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Marriot breach cyber losses up to $600m
The Marriot data breach could cost up to $600m in direct cyber losses, with insurance potentially covering half that amount,…
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Marsh assigns regional, specialty and placement teams ahead of JLT acquisition
Marsh has finalised more executive appointments ahead of its JLT acquisition, with the latest round of announcements covering regional, specialty…
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Cat losses to drive reinsurance rate increases, says Moody’s
Catastrophe losses during the fourth quarter of 2018 will support higher reinsurance rates, according to Moody’s. Reinsurers are expected to…
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Insured catastrophe losses total $79bn in 2018: Swiss Re
Global insured catastrophe losses will total $79bn this year, the fourth highest on record and above the ten-year average of…
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The rise of technology within the insurance industry
Melissa Boyars, claims operations manager UK at Generali GC&C, reflects on the latest practices to improve processes at insurers, the…
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Claims resources under pressure as expertise drains from sector: Clyde & Co
A shortage of skilled claims staff is looming as staff retire and new expertise is becoming harder to find, according…
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Argo names new head of international business
Argo Group has appointed Matt Harris as group head of international operations, with his remit including business in the UK,…
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Sompo makes double leadership change as it seeks international growth
Sompo International, the Bermuda-based specialty insurer and reinsurer subsidiary of Japanese firm Sompo, is shaking up its leadership and operating…
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Poll reveals most sought-after workplace benefits
Private medical insurance (PMI) is top of UK employees’ wishlist of workplace benefits, according to a poll conducted by Capita…
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BMS recruits two brokers in Bermuda
Broker BMS Group has boosted its Bermuda business with the appointment of George Bowring from Price Forbes and Kian Wookey…
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Plastic manufacturers next likely target of environmental damage litigation: Clyde & Co
Plastic manufacturers are at “significant risk” of being the next industry to get caught up in the wave of environmental…
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Zurich transfers $2bn worth of UK employers’ liability policies to Catalina
Zurich Insurance is to transfer a book of pre-2007 UK employers’ liability policies, including those covering asbestos and industrial disease-related…
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Munich Re launches new North American specialty insurance unit
Munich Re has launched a new specialty commercial insurance unit in North America that will bring together the company’s primary…
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Africa Re sets up new foundation to boost insurance and risk management
Africa Re has launched a foundation to mobilise funds to develop the insurance and risk management industries across Africa. The…