Insurance
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AM Best restores AIG ratings
Rating agency AM Best has removed AIG’s ‘under review’ status, which has been in place with negative implications since the…
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Modern slavery referrals rise in UK supply chains
UK companies must do more to ensure their supply chains do not support labour exploitation, said Kroll, after it found…
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XL Catlin adds to Canadian EIL underwriting team
XL Catlin has added two new members to its Canadian environmental insurance team. Marc Estrada joins from AIG as environmental…
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African companies warned over WannaCry attack, as South Africa hit hardest
South Africa is chief among the countries affected by the WannaCry ransomware attack in Africa, with approximately 83 websites infected,…
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Cyber insurance could be next big blockbuster, says Allianz
Cyber insurance promises to be the next big blockbuster in the insurance space, according to Hartmut Mai, chief underwriting officer…
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Mass casualties from suspected terror attack in Manchester
At least 22 people were killed in a suspected terrorist attack in Manchester, England, last night. The explosion, which injured…
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Liberty chooses Luxembourg as post-Brexit EU base: reports
Luxembourg could be set to welcome yet another London market insurer looking for a post-Brexit European home, if media reports…
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No direct rating impact from new Solvency II disclosure rules, says Best
AM Best does not believe there will be direct impact from the new Solvency II disclosure rules on its rating…
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African smallholder farmers make insurance agenda
Agriculture at the smallholder end of the scale has been coming into sharp focus at the African Insurance Organisation (AIO)…
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Insurers across continent scoop awards
Sanlam Emerging Markets, Takaful Insurance of Africa, the International Livestock Research Institutue and Delphine Traoré Maïdou scooped the top awards…
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Uptick in cyber cover take-up noted by US brokers
A steady increase in take-up of cyber insurance among clients is occurring, according to insurance brokers in the US. They…
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Liberty appoints senior underwriter for Global Financial Risks
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Sam Wilde as senior underwriter in its Global…
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African insurance markets growing despite economic headwinds
Africa’s insurers remain upbeat about the prospects of their markets, according to the second Africa Insurance Barometer, launched last week…
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Africa Re enjoys 3% premium growth
In the first quarter of 2017, Africa Re recorded growth of 3% in its gross written premium, up to $167.13m,…
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Beazley, Chaucer and Talbot form Singapore political risk consortium
Three insurers in the Lloyd’s market have joined forces to form a political risk consortium in Asia, offering large-scale capacity…
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Hong Kong and mainland China regulators sign agreement on equivalence assessment
Hong Kong’s Office of the Commissioner of Insurance and the China Insurance Regulatory Commission (CIRC) have signed an agreement to…
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WannaCry likely to be start of new trend, warns AM Best
The global scale of last week’s WannaCry ransomware attack is likely to be the start of a new trend in…
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AXA Poland set to grow employee benefit business with multinationals top target
AXA’s Polish insurance company has paved the way to expand its employee benefits business and increase its list of global…
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Liberty Specialty appoints head of commercial business development
Liberty Specialty Markets (LSM), Liberty Mutual’s London operation, has promoted Laura Burns as head of business development for commercial business.…
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Fenchurch Law appoints new associate
UK firm Fenchurch Law, which specialises in complex insurance disputes and works solely for insureds, has appointed Alex Rosenfield as…