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October 10, 2023
Swiss risk managers say worst of hard market over
Swiss risk managers were as equally unimpressed by the performance of their insurers during the recent dramatic market hardening as…
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October 10, 2023
Climate-transition framework lays ground for mandatory disclosures in UK
UK-listed companies and financial sector firms will be expected to use a newly published framework to disclose “robust and credible”…
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October 10, 2023
Consilium appoints associate to professional & executive risk solutions team
James Read has been appointed as associate at Consilium, based in its Guernsey office. According to the (re)insurance broker, Read…
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October 9, 2023
European insurance M&A surge boosted by broker consolidation
Merger and acquisition (M&A) activity in the European insurance sector increased 22% in H1 2023, according to FTI Consulting, with…
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October 6, 2023
Darag assumes long-term liability policies of Benelux based captive
Run-off specialist DARAG Group is to assume the expired long-term liability insurance policies of an undisclosed Benelux-based captive. According to Darag,…
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October 6, 2023
LMA publishes new sanction clauses after French court ruling
The Lloyd’s Market Association (LMA) has published two suspension clauses to clarify where insurers cannot pay out because they would…
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October 5, 2023
European food chains ‘falling short’ on plastic pollution, say NGOs
A new report by a group of NGOs has found that nine major European ‘Big Food’ companies are failing to…
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October 5, 2023
Resilience expands cyber insurance capacity for UK and EU insureds
Cyber risk solution provider Resilience has expanded its underwriting capacity limits to £10m for insureds in the UK and the EU through…
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October 5, 2023
Just over half of UK firms offering mental health support, survey finds
A survey of UK firms finds that 70% of large corporates provide mental health and wellbeing support to employees but…
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October 4, 2023
Allianz joins HIVE’s aviation war risks panel
Allianz Commercial said it will underwrite aviation war classes with immediate effect after collaborating with London-based HIVE Underwriters, which will…
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October 4, 2023
UK charities ‘lag’ cyber security measures
Charities and other not-for-profit organisations are “lagging behind” in cyber security, leaving them exposed to attacks on highly sensitive and…
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October 4, 2023
French companies investing in Ukraine will be covered for war risks
France has agreed to insure companies investing in Ukraine’s reconstruction through state-owned insurer Bpifrance Assurance Export, according to a statement…
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October 4, 2023
DUAL Europe expands into marine with new hires
Specialist underwriter DUAL Europe, part of the Howden Group, has unveiled a new marine hub based in Rotterdam, the Netherlands.…
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October 3, 2023
Italy storm costliest non-US nat cat in Q3 at $2.2bn: CRESTA
Severe convective storms in Italy this July caused the largest insured loss in the third quarter, excluding events in the…
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October 3, 2023
Sompo International continues European drive with French hire
Sompo International has further strengthened its footprint in Europe with the appointment of Marilyn Faugas as country manager of insurance…
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October 3, 2023
Aviation risk managers brace for further hardening as war claims filter through
Dublin-based aviation leasing group SMBC Aviation Capital has received cash insurance settlement proceeds of $710m for its aircraft leased to…
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October 3, 2023
Generali appoints Allianz’s CFO Terzariol as CEO of new division
Allianz’s chief financial officer Giulio Terzariol is joining Generali to head a new division that brings together all of the…
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October 2, 2023
UK warned against single regulator for AML supervision
The UK government’s proposals to reform and potentially streamline anti-money laundering (AML) supervision has been criticised by the accountancy body…
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October 2, 2023
Allianz appoints Coste-Lepoutre as CFO as Terzariol departs
Allianz’s chief financial officer (CFO) Giulio Terzariol is leaving the company after he was granted early release from his mandate…
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October 2, 2023
Howden adopts unified brand to ‘unlock’ growth
Fast-growing global broking group Howden has unveiled a new brand as it brings together its global broking operations under one…