UK/Ireland
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January 3, 2024
Health insurers dominate AM Best’s top 25 insurers ranking
US health insurer UnitedHealth Group remains the world’s largest insurance company by 2022 net premiums written (NPW), according to AM…
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December 21, 2023
Supply chain cyber security ‘without doubt’ biggest challenge, says Marsh
Supply chain security is the biggest challenge for cyber insurance buyers, said Marsh in a recent media briefing in London,…
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December 21, 2023
US parametric (re)insurer to launch Lloyd’s syndicate in 2024
US based parametric re/insurance group NormanMax Insurance Holdings has received ‘approval in principle’ from Lloyd’s to launch a syndicate in…
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December 20, 2023
War risk rates spiral as conflict intensifies in Red Sea
The London marine insurance market has widened the area in the Red Sea it deems as high risk after the…
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December 19, 2023
Large UK companies warned over CSDDD
UK companies have been warned “not to rest on their laurels” with regard to the EU’s new Corporate Sustainability Due…
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December 19, 2023
UK cyber honeypots attract 5.8 billion attacks in 2023, says Coalition
Three-quarters of 5.8 billion cyberattacks this year on UK honeypots – a trap or decoy to trick threat actors –…
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December 18, 2023
Only 7% of UK insurers have female CEO as Blanc calls out sexism in the city
Just 29, or 7%, of 431 UK insurance companies are headed by a female CEO, according to employment law firm…
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December 18, 2023
Money Rebellion holds further protests to stop insurers covering new fossil fuel projects
Climate protestors have targeted the UK offices of insurers that are yet to rule out covering the proposed West Cumbria…
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December 15, 2023
European storm Ciarán to cost insurers €1.89bn, estimates Perils
Insured losses from European storm Ciarán, or Emir, are estimated at €1.89bn, according to catastrophe data specialist Perils. France will…
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December 15, 2023
Axis Capital plans energy syndicate for low-carbon transition in 2024
Axis Capital Holdings is planning a new energy syndicate at Lloyd’s in 2024, which it said would provide fresh capacity…
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December 14, 2023
Senior appointments across Marsh’s UK and global placement leadership team
Marsh has announced a series of senior appointments across its UK and global placement leadership team, effective 1 January, 2024.…
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December 14, 2023
New specialty practice launched by Markel
Markel has launched a specialty practice within its international wholesale division, led by Tom Hillier as divisional managing director. In…
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December 14, 2023
UK firms warned supply chains at risk of more global disruption
UK businesses have been urged to secure their global supply chains to unforeseen global disruption, in a new report published…
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December 14, 2023
Swiss Re acquires UK water risk specialist Fathom
Swiss Re has bought UK water risk intelligence and flood model specialist Fathom, which it said will complement its work…
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December 14, 2023
UK storm trio caused £560m in damage
Three storms in the UK this autumn are expected to cost insurers £560m, according to an estimate from trade association…
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December 14, 2023
S&P boosts Lloyd’s financial strength rating to AA-
Standard & Poor’s (S&P) has upgraded the financial strength rating of Lloyd’s to AA- from A+ based on “excellent” improvements…
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December 14, 2023
AXA XL recruits Gosselin from Liberty as UK CUO
AXA XL has appointed Mike Gosselin as chief underwriting officer for its UK & Lloyd’s business. Gosselin will join AXA…
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December 13, 2023
UK running ‘high risk of catastrophic ransomware attack’ against critical infrastructure
The UK government has been warned it faces “a catastrophic ransomware attack at any moment” and that its planning for…
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December 13, 2023
UK’s CMA to scrutinise Unilever’s environmental claims
The UK’s Competition and Markets Authority (CMA) is to scrutinise environmental claims made by the consumer goods group Unilever. The…
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December 13, 2023
Allianz Commercial hires UK financial lines lead
Allianz Commercial has named Sharanjit Chaggar as head of financial lines for large corporate and specialty in the UK. Sharanjit…