North America
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January 30, 2024
Owners using captive cells to manage difficult markets
Cell captives can provide a quick and effective solution for buyers facing difficulties in placing coverage in the commercial market,…
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January 30, 2024
New York, LA and London top world’s most resilient cities list
US cities New York and Los Angeles top a list of the world’s 25 most resilient cities in a report…
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January 29, 2024
Former CEO of Santander joins Aon’s board of directors
Jose Antonio Álvarez, former CEO of Santander, has been appointed to the board of directors of Aon plc. Álvarez served…
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January 29, 2024
Captive formation still surging
Captive market growth continues to surge as businesses of various sizes turn to these risk-financing vehicles to manage their insurance…
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January 29, 2024
Insurers tap captives to weather reinsurance renewals
Insurers in catastrophe-exposed states can use captives to soften the effect of reinsurance rate hikes and higher attachment points, a…
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January 26, 2024
W R Berkley reports ‘record-setting’ results for 2023
W R Berkley reported record underwriting income for full year 2023 of $1.1bn, boosted by record Q4 results of $316m,…
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January 26, 2024
Owners leveraging captives to negotiate lower rate hikes
Risk managers can use captives to negotiate down prospective commercial insurance rate hikes, even if they don’t end up using…
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January 25, 2024
US real estate insurance market stabilising, says Lockton
The last two years have seen some of the most difficult US real estate insurance renewals in a generation. But…
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January 25, 2024
Ewing rejoins Cotton in ERM role
Former Rims president Lance Ewing has rejoined Cotton Holding as vice-president of enterprise risk management. Ewing previously worked at Cotton,…
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January 25, 2024
US payment fraud attempts jump 71%
The number of payment fraud attempts on US companies jumped 71% last year, driven by cybercrime, finds new research by…
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January 24, 2024
US rate hikes accelerate in most lines during Q4: Ivans
Insurance rates for most major lines of US commercial coverage increased at a faster pace in the fourth quarter than…
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January 24, 2024
Brown & Brown’s 2023 revenue up 19.1% as rates rose further in Q4
US broker Brown & Brown reported record revenue of $4.26bn last year, up 19.1% from 2022. Organic growth was 10.2%,…
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January 23, 2024
Ransomware attacks jump 84% in 2023: NCC
Ransomware attacks increased by 84% in 2023, according to global cybersecurity firm NCC Group. It said the 4,667 cases recorded…
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January 23, 2024
Climate group sues ING after Shell victory
A group of climate activists in the Netherlands, which won a landmark case against Shell in 2021, has named Dutch…
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January 23, 2024
Work-life balance as important as career progression, finds survey
Latest research from Netherlands-based global recruitment group Randstad has found that ambition is no longer viewed purely as career progression.…
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January 22, 2024
Collaboration key to risk challenges, says Sedgwick
Collaboration and connection are key to handling the risk challenges in 2024, according to Sedgwick. The claims management and loss-adjusting…
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January 22, 2024
Travelers profit nearly doubles in Q4 to deliver 5% rise for full year
Travelers has reported a 5% rise in net income for last year to $2.99bn, with net written premiums up 14%…
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January 19, 2024
Growth in North American organisations facing ESG litigation
One in ten organisations in North America experienced ESG litigation in 2023, compared to just 2% the year before, according…
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January 19, 2024
Resilience to malicious risk a ‘complex task’, says CHC Global
The energy transition, technological competition and political polarisation are “disproportionately important” for malicious risks, according to strategic advisers CHC Global. Publishing…
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January 19, 2024
Munich Re Specialty names Marks COO
Jeff Marks has been named as chief operating officer of Munich Re Specialty Insurance, which serves companies in North America.…