UK/Ireland
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Allianz Commercial names new UK head
Allianz Commercial has appointed Phuong Ly, currently chief general manager of the commercial division at Allianz Australia, to lead its…
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New political violence and aviation war underwriters at Westfield Specialty International
Westfield Specialty International has appointed three new underwriters to its political violence & aviation war underwriting team. Hector Threlfall and…
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SRG enters Europe with Ecclesia deal
UK broker Specialist Risk Group (SRG) has made its first acquisition in mainland Europe, announcing that it will buy the…
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Geopolitics jumps to number one risk for Airmic members
Geopolitical risk has surpassed cyber incidents and changes in regulation to become the biggest risk facing Airmic members, according to…
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Intact Financial names Clarke global specialty CEO
Intact Financial will appoint Emmanuel Clarke as CEO of global specialty lines (GSL) when incumbent Michael Miller retires at the…
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Meta calls for Irish GDPR fine to be overturned
Mark Zuckerberg, the owner of social media platform Meta, has called on Ireland’s High Court to overturn a €91m fine…
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Activists’ fibre optic cable attack tests London market resilience
The recent internet outage suffered by London’s insurance market at the hands of climate activists has highlighted a critical vulnerability…
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Pen Underwriting in £420m capacity deal with QBE in UK and Ireland
Pen Underwriting has extended its long-term strategic collaboration with QBE in the UK and Ireland in a new £420m capacity…
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Brokers fear EU regulators could block broker access to London market
The London & International Insurance Brokers’ Association (LIIBA) is worried about rising regulatory interest in Europe in multinational programmes that…
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Covid-19 BI disputes open at UK Court of Appeal
The UK Court of Appeal has opened the first of two hearings this month in the next instalment of Covid-19…
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AXA XL supports UK development-stage accelerator for climate tech businesses
AXA XL is to offer expertise in insurance and risk management to members of London GreenCity, the UK’s first accelerator…
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UK companies lack confidence in regulatory compliance
Nearly three-quarters (73%) of UK firms say they lack confidence in their ability to comply with regulations, according to a…
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Climate activists cut UK insurers’ fibre optic cables
Activists from Shut The System have claimed they cut fibre optic cables to offices of hundreds of insurance companies in…
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UK financial services regulator vows to cut back rules
The UK’s financial services regulator said it will “go further” in reducing reporting requirements and limiting new rules in line…
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Lloyd’s London Bridge investment platform reaches $1.92bn
London Bridge, the Lloyd’s risk transformation platform, has established 19 cells through which $1.92bn of capital has been deployed and…
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Descartes partners with Previsico for flood forecasts and parametric triggers
Corporate parametric insurer Descartes has partnered with flood forecasting specialist Previsico to offer companies in the UK and Ireland more…
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UK considering ransom payment ban for public sector cyberattacks
Public sector bodies and critical national infrastructure in the UK could be banned from making ransom payments to cyber hackers…
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Consultant Horváth partners with flood scientists JBA Risk Management
A new partnership to meet rising demand for sustainability reporting has been formed by Stuttgart-based management consultant Horváth and UK-based…
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Over half of UK businesses have faced lithium-ion battery incident
More than half of UK businesses have experienced an issue linked to lithium-ion batteries, such as sparking, fires and explosions,…
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New renewable energy underwriter at MGA Volt
London-based Volt Underwriting, a Lloyd’s approved coverholder focused on the energy transition sector, has appointed Tom Nooth-Cooper as a renewable…