Insurance
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Airmic welcomes Pool Re changes but hopes more to come
Airmic has welcomed changes to Pool Re announced last week that will see the government-backed UK terrorism reinsurer reward risk…
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DVS board member Henne criticises brokers and urges them to up their game
Brokers are making little or no effort to change their business model in order to better serve customers and are…
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Business hungry reinsurers more willing to tailor cover for corporates
As competition intensifies, reinsurers and alternative capital providers are becoming more open to providing bespoke solutions to large corporates, including…
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Insurers making progress on cyber solutions
Insurers are making progress to help large European companies manage and transfer cyber risk, but, according to Aon’s recent Global…
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Swiss Re report ranks emerging risks facing the risk and transfer community
A new report by Swiss Re rates de-globalisation, large nat cats, the 'great monetary experiment' and the 'Internet of Things'…
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Corporate round-up
AIG appoints Stuart Sutherland as UK head of casualty, Aon Benfield unveils new model to boost transfer of Canadian flood…
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Pool Re details key changes set for October
Pool Re has fleshed out its modernisation plans that will see specific rate discounts for higher deductibles and loss limits,…
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Insurers must change model or drown under ‘rising water’ says DVS’ Mahnke
Industrial insurers will no longer be of interest to large companies unless they reinvent their business model, Alexander Mahnke, Insurance…
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Global insurance rates down in Q1 led by Europe and Asia Pac: Marsh
Global commercial insurance rates fell for the eighth consecutive quarter in Q1 2015 led by decreases in continental Europe, the…
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Cyber tops emerging risk ranking
A major cyber-attack is seen as the most damaging emerging risk, according to the latest quarterly Emerging Risk Study from…
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Insurance M&A rises as ‘squeeze’ on mid-tier specialists tightens: Swiss Re
M&A activity in the insurance industry is on the rise with particular concentration in the specialty re/insurance sector as firms…
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KBW Q1 results analysis suggests specialty is way ahead
Latest results from the international insurance and reinsurance markets strongly indicate that the pressure on reinsurance pricing will continue throughout…
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European March windstorms Mike and Niklas cause €853m property loss: Perils
Perils has placed an initial loss estimate for insured property damage from windstorms Mike and Niklas that struck western and…
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Corporate round-up
Arthur J Gallagher shakes up UK broking and underwriting operations, JLT Re appoints David Flandro global head of analytics, AIG…
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EXOR calls on SEC to back its $6.8bn counter-bid for PartnerRe
EXOR SpA., the Italian listed investment company owned by the Italian Agnelli family that is behind Fiat Chrysler, announced on…
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DVS and risk transfer partners critical of German IT security bill
German risk managers, insurers and brokers are unhappy with their government's planned IT Security Act claiming it is being rushed…
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News in brief
Support for Kenya tourism sector, Telecoms deal, Oil impact and Risk taking.
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The bigger picture
You would expect risks to change year on year and that is exactly what two new surveys suggest. However, they…
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New maritime initiatives set to reduce security concerns
Risk managers with both direct and indirect links to the maritime world will be encouraged by two initiatives on either…
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Insurance specialist in large commercial business gains new licence to operate in Mozambique
The One Alliance Group has changed its company name from One Alliance Insurance Services, to International Commercial and Engineering (ICE)…