UK/Ireland
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January 29, 2024
Data breach victims almost double in UK, says Chaucer
Cyberattacks in the UK last year breached the financial data of 53 million individuals, according to global specialty insurer and…
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January 26, 2024
Carbon Underwriting appoints head of specialty
Dale Willetts has been appointed as head of specialty at independent managing general underwriter (MGU) and Lloyd’s syndicate Carbon Underwriting…
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January 25, 2024
AI to drive rise in cyberattacks over next two years, warns UK’s cyber agency
Artificial intelligence (AI) will increase both the volume and impact of cyberattacks in the next two years, further accelerating the…
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January 24, 2024
Babet-Aline insured loss estimate rises to €683m: Perils
Insured loss estimates from the Babet-Aline storms in the UK and northwest Europe in October last year have increased to…
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January 24, 2024
UK presses directors to take ‘firm grip’ on cybersecurity
UK businesses and their directors have been told to “toughen up” cybersecurity and prioritise cyber threats as the government prepares…
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January 24, 2024
OneAdvent launches MGA focused on recycling sector
An MGA serving the recycling sector has been launched by specialist MGA and broker services platform OneAdvent. Criterion Ltd is…
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January 22, 2024
Cyber reinsurance SPA launched at Lloyd’s
Cyber (re)insurance and analytics specialist Envelop Risk has launched a dedicated cyber reinsurance special purpose arrangement (SPA) at Lloyd’s, in…
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January 22, 2024
Diluted UK Corporate Governance Code reform focuses on internal controls
A regulatory overhaul of corporate governance standards for UK-listed firms has been pared back to “small, but important” changes on…
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January 22, 2024
QBE Covid BI interest charges a victory for policyholders
The news that QBE paid more than £386,000 to companies for delays in covering Covid-19 related business interruption (BI) losses…
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January 19, 2024
Corporate criminal liability rises in UK with new failure to prevent offences
Criminal liability for UK companies is rising with the introduction of ‘failure to prevent’ offences, which introduce unlimited fines and…
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January 19, 2024
Policyholders suffer key defeat in Allianz appeal victory
The UK Court of Appeal this week handed down judgment in Various Eateries Trading Ltd v Allianz Insurance Plc, in…
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January 19, 2024
Cyber Monitoring Centre launches in UK to rank systemic cyber events
A new Cyber Monitoring Centre (CMC), which assigns a scale to major and systemic cyber events, has launched in the…
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January 18, 2024
Rising Edge adds new cover for non-executive directors
London-based underwriting agency Rising Edge has expanded its commercial D&O offering to include a new D&O insurance product, tailored exclusively…
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January 17, 2024
Marsh’s global chief claims officer to stay with firm
Rob Powell has resumed his role as global chief claims officer at Marsh. It had been previously announced in October…
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January 17, 2024
Canopius launches investment management cover
A new investment management product offering protection for asset managers from a range of financial liabilities has been launched by…
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January 17, 2024
Chaucer announces Richard Milner as CEO from Aspen UK
London-based global specialty (re)insurer Chaucer has appointed Richard Milner as group CEO from US-based rival Aspen, where he was CEO…
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January 16, 2024
Atlas Insurance PCC gets UK branch license approval
Atlas Insurance PCC has obtained authorisation for its UK branch license and extended its non-life insurance and reinsurance license to…
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January 15, 2024
Directors to face range of threats in 2024
Directors are predicted to face a range of threats in 2024, including litigation over insufficient climate change action, regulatory enforcement…
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January 15, 2024
New class underwriter for energy and liability at Dale
Andrew Carter has been appointed as class underwriter, energy and liability insurance at Dale Underwriting Partners (DUP), the trading name…
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January 15, 2024
HDI Global names new director for property in UK and Ireland
HDI Global has appointed Kate Sutcliffe from Sompo International as director for property in the UK and Ireland. She takes…