English
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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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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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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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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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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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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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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…
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Over 10,000 UK BI policyholders still without Covid-19 payments
More than 10,000 UK businesses are still awaiting any form of payment from their insurers for Covid-19 business interruption (BI)…
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UK bars four EU financial services firms under post-Brexit regime
Four European financial services firms have been barred from conducting business in the UK, after its regulator said they failed…
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Generali Global Corporate & Commercial strengthens construction and engineering capabilities
Generali Global Corporate & Commercial (GGC&C) has enhanced its partnership with Protos Check, with a new agreement that the insurer…
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Lloyd’s considers future at One Lime Street
Lloyd’s could move out of its iconic home at London’s One Lime Street, according to reports. Trade publication Business Matters…
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Excess-of-loss cover to feature more in credit insurance
Large companies are increasingly opting for excess-of-loss credit insurance, with the trend set to grow further in the future. This…
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Board directors rate regulatory probes as greatest personal risk
An overwhelming majority of board directors (84%) said a regulatory investigation is the biggest personal liability they face, according to…
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UK to review London market regulations after push for more proportionate rules
A new UK parliamentary investigation into London insurance market regulation is an “opportunity” for more proportionate rules to secure the…
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Credit Suisse chairman resigns after Covid-19 quarantine breaches
Credit Suisse has appointed a new chairman after António Horta-Osório resigned the post because he reportedly breached Covid-19 travel quarantine…
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IUA business plan targets correlate with risk managers’ concerns
The International Underwriting Association (IUA) is set to focus on the problems that keep risk managers awake at night. The…
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Rebel investors step down and prepare to battle re-election of Generali board
The rift between Italian insurance giant Generali and two of its biggest investors that are unhappy with the new strategic…
