Europe
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Aspen expands its support for Ryan Specialty Group’s MGU portfolio
Aspen Insurance Holdings and Ryan Specialty Group (RSG) have signed an agreement to support a diverse international portfolio of delegated…
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Supply chain disruption up 88% last year, says Resilinc
Factory fires polled as the number one cause of supply chain disruption last year, which saw an 88% rise across…
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Marsh Specialty names Payne chair of its UK finpro practice
Marsh Specialty has promoted Tim Payne to chairman of its UK financial and professional (finpro) practice,. Michael Morgan is named…
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WTW appoints former Lloyd’s chief digital officer to boost digital trading
WTW has appointed former Lloyd’s chief digital officer Lou Smith as head of its commercial lines data strategy, to accelerate…
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Marsh teams with Risilience to help clients tackle net zero and reporting risks
Marsh is collaborating with analytics platform Risilience to give clients access to its climate change risk data, in order to…
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Merck ruling demands sharper focus on cyber risk management as cover tightens
The recent ruling by the New Jersey Superior court that insurers need to pay pharma giant Merck $1.4bn for losses…
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Chubb, Mapfre and Tokio Marine called out for insuring Petrobras in conflict with net-zero ‘rhetoric’
Chubb, Mapfre and Tokio Marine have been named by Insure Our Future as insurers for Brazil’s national oil company Petrobras,…
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Howden buys Italian broker Tower as its expands further into Italy and Europe
Rapidly expanding Howden has bought specialist Italian broker and risk consulting firm Tower as part of its plans to become…
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Chubb names new Swiss country president amid wider central Europe shakeup
Chubb has appointed Nikolay Dmitriev as regional executive officer for its central Europe region, and Nathalie Meyer as country president…
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Strong commercial results boost Travelers’ profit
Travelers has reported that fourth-quarter net income rose 2% to $1.33bn on the strength of its commercial segments, which offset…
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Hostile and malicious risk insurance MGA Samphire Risk opens for business
Samphire Risk, a new MGA focused on hostile and malicious risk insurance, has received approval to begin trading. Samphire is…
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Howden invites Europe’s risk managers to bring complex risks to the table
David Howden, CEO of fast-growing UK-based international broking and MGA group Howden, has called on Europe’s risk managers to come…
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WEF says strategic risk management only answer to modern cyber risk
Cybersecurity is no longer enough to protect companies from cyber threats that now demand strategic risk management, according to the…
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Ferma urges French EC presidency to help deliver progress on SII review, insurability and cyber risks
Ferma has called on the French presidency of the EC to deliver a final text on Solvency II that will…
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US cyber insurer Resilience appointed as coverholder at Lloyd’s
US cyber insurer Resilience has revealed it has earned delegated authority as a coverholder at Lloyd’s. According to Resilience, as…
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Red Cross shuts systems after cyberattack on 500,000 humanitarian data records
A cyberattack on a Swiss company that stores data for the International Committee of the Red Cross (ICRC) has forced…
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German insurers call for action on dramatic rise in container losses
The German insurance association has said that better lashing and securing containers on deck, the use of anti-roll tanks on…
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Hard market ‘tailwind’ to drive growth in corporate and specialty at Aviva
Insurance group Aviva is investing in its UK and international commercial and corporate specialty business to drive growth in coming…
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Expect further tightening in cyber cover after $1.4bn Merck award
The recent ruling by the New Jersey Superior Court that Chubb and other insurers need to pay pharmaceutical giant Merck…
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Ardonagh Specialty expands cross-class follow-capacity solution to property
Ardonagh Specialty’s cross-class follow-capacity solution has been expanded to include Price Forbes’ property business. A panel of underwriters including Lloyd’s…
