UK/Ireland
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August 23, 2022
Aviva reorganises commercial lines UK as Major exits
Aviva’s UK commercial business is to reorganise in a move that will see Nick Major, managing director of commercial lines,…
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August 19, 2022
PERILS raises European storm loss estimate for third time to €3.74bn
Insured loss estimates from a series of windstorms in Europe have been increased for the third time since they affected…
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August 19, 2022
Zurich Insurance appoints Moss and Schmitt to boost group cyber team
Zurich Insurance Group has boosted its group underwriting team with the appointment of Stephen Moss as group head of financial…
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August 18, 2022
New head of London US casualty at SiriusPoint
Phil Wooldridge has been appointed as head of London US casualty at global specialty insurer and reinsurer SiriusPoint. He will…
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August 18, 2022
Buyers’ side Fenchurch Law boosts north of England team with two hires
Fenchurch Law, the UK firm that only works for policyholders and brokers, has expanded its team with two new appointments…
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August 17, 2022
New board diversity rules in UK and US heighten D&O risk: Marsh
New rules by UK and US regulators on board diversity at listed companies look set increase D&O risk with fines…
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August 17, 2022
Credit Suisse unit doubles Greensill insurance claims to $2.2bn
Credit Suisse Asset Management (CSAM) has filed additional insurance claims related to the collapse of Greensill Capital bringing the total…
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August 16, 2022
UK port strike set to increase global supply chain disruption
A planned strike at the UK port of Felixstowe later this month could affect trade worth $800m, according to analysis…
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August 15, 2022
Conditions ease in London’s cyber market
Tough conditions have eased for cyber insurance buyers in the London market during the second quarter with better pricing trends…
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August 11, 2022
Cyber MGA Corvus names former AIG CUO Tadikonda as CEO to spur global expansion
Corvus Insurance, the insurtech MGA offering smart AI-driven cyber products, has named Madhu Tadikonda, the company’s president and former global…
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August 8, 2022
Gallagher expands risk management offering via AnotherDay acquisition
The London-based specialty arm of global broker Arthur J Gallagher has acquired risk management consultancy AnotherDay to boost its support…
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August 3, 2022
Lloyd’s sponsors second PCC to bring more options to customers and investors
Lloyd’s has received regulatory approval to set up a second protected cell company (PCC) to enable easier access for investors…
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August 3, 2022
UK’s FRC regulator issues record amount of fines
UK regulator the Financial Reporting Council (FRC) issued a record £46.5m in fines during the last year and resolved its…
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August 2, 2022
Relief at last as rates down and capacity up in European and global D&O market: Gallagher
Risk and insurance managers in Europe and across the world are enjoying significantly improved D&O market conditions and are able…
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July 29, 2022
Brit posts strong underwriting result on back of rising rates but profits hit by financial volatility
London-based specialty insurer Brit is the latest international insurance group to report strong premium growth in H1 on the back…
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July 28, 2022
Capacity growing in London market but underwriters maintaining discipline, says Miller
Increased risk capital is being deployed by both existing and new underwriting businesses in the London market, according to Miller’s…
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July 28, 2022
UK flood costs set to rise 42% by 2050 even if action taken to curb emissions, modelling shows
The cost of a one-in-200-year UK flood event could rise 42% by 2050 to £5bn under an intermediate emissions scenario,…
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July 27, 2022
Cyberattacks shift to Europe as ransomware rises 63% despite fall in other regions: SonicWall
Europe recorded a 63% surge in ransomware attacks in the first half of this year, in contrast to the general…
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July 27, 2022
Tipping point approaching as rates plateau for London market construction sector, says Miller
The London market construction sector is seeing a plateauing of rates, which Miller suggests means a tipping point in the…
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July 26, 2022
Three quarters of Lloyd’s firms yet to meet gender leadership targets for end-2023
Lloyd’s said the market improved both its gender and ethnic diversity representation this year but most firms are still below…