Insurance
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ICO’s first GDPR notice for pro-Brexit misdemeanours appealed by AggregateIQ
Canadian data analytics firm AggregateIQ, which uses data to target voters in social media campaigns, has challenged the first GDPR…
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Risk managers concede industry must work harder to understand supply chain exposures
Risk and insurance managers must work harder to fully understand their supply chain exposures and cannot expect insurers to take…
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Facebook’s 50 million user security breach big test for GDPR
Facebook has disclosed a security breach affecting 50 million users that could expose it to fines widely reported to be…
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RSA reaches retention ceiling as weather losses spike in Q3
RSA has reported UK underwriting losses of £70m for the third quarter of this year, which it said will drive…
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Insurance needs to be ‘reimagined’ for tech age, says DAC Beachcroft
Insurance will need to be “reimagined” as the changing risk landscape brings traditional insurance concepts into question, according to a…
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Zurich acquires top ten insurer in Indonesia
Zurich Insurance Group is to acquire a leading insurer in Indonesia, which will make it the largest foreign property and…
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Cyberthreats and talent gap concern brokers and SMEs in UK and US
Cyberthreats are the emerging risk that brokers and businesses connected to the insurance sector in the UK and US are…
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SCOR seeks resignation of Covéa CEO from board as relations sour
SCOR has called for the resignation of Covéa CEO Thierry Derez from its board of directors, as the fallout from…
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Tokio Marine boosts professional risks team for UK SME’s
Specialty insurer Tokio Marine HCC has boosted its professional risks team with the addition of three new underwriters in the…
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Moody’s sees positive impact of gradually rising interest rates for global insurers
Gradually rising global interest rates are credit-positive for the profitability of global insurance companies, according to Moody's Investors Service, although…
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Global programme service still falling short, say leading risk managers
Risk managers taking part in our European Risk Frontiers survey are still not satisfied with the time it takes to…
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Factors in choosing a broker for a global insurance programme
A multinational programme will generally be put together by the multinational company, together with its global broker. The programme itself…
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Insurers in Ireland confident on opportunities and threats to industry
Ireland's insurance CEOs remain confident about their company’s growth prospects, according to the 2018 Insurance Ireland-PwC CEO Pulse Survey. It…
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Chubb appoints head of North American property claims
Tim Barziza has been appointed as head of Chubb’s North American property claims. He will be responsible for leading the…
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Law firms face tough PI renewal season
Law firms in England and Wales hoping to limit any increase in professional indemnity (PI) premiums this renewal season will…
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Beazley boosts cyber team with Marsh recruit
Beazley has recruited Marsh’s cyber expert Luc Vignancour, to drive expansion in Europe and the Middle East (EMEA). Mr Vignancour…
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Emerging risks: does electromagnetic hypersensitivity present a current or future claims risk?
As technology has increased, there has been an inevitable proliferation in the number of electromagnetic and radiofrequency field sources that…
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Good news for businesses as South Africans see 12.3% rise in financial assets
The financial assets of South African households grew by 12.3% in 2017, the fastest increase in four years and almost…
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UK Government sets out no-deal scenario plans for financial services
With a no-deal scenario looking increasingly possible for Brexit, insurance buyers in both continental Europe and the UK will be…
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Lloyd’s China suffers 30% drop in premiums
The value of premiums written on the Lloyd’s China platform has dropped by 30% during the past year, as a…