North America
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January 18, 2022
Secondary perils account for greater loss share of cat events in US, says Best
Secondary perils such as wildfires, tornadoes, and severe thunderstorms are accounting for a larger share of the losses from catastrophe…
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January 18, 2022
Leadership changes at Zurich North America including new head of captives
Zurich North America has announced a number of key leadership changes, including a new head of captives. Dawn Hiestand, currently…
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January 18, 2022
Cyber biggest risk in Allianz Barometer as pandemic fears recede
Cyber is the biggest business risk this year, knocking business interruption (BI) off the top spot into second place, with…
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January 17, 2022
Kroll names new MD to boost AML services
Governance, risk and transparency expert Kroll has appointed David Lewis, former executive secretary of the Financial Action Task Force (FATF),…
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January 17, 2022
Q4 cat losses expected to be manageable for US insurers
Fourth-quarter catastrophe losses are expected to be manageable for the US insurance industry but the impact of economic and social…
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January 17, 2022
AssuredPartners names Chubb exec Hammond as next CFO
Broker AssuredPartners has named Chubb executive Mark Hammond as chief financial officer from 2 March. As first reported in our…
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January 14, 2022
Sedgwick sells group captive unit to Specialty Captive Group
Specialty Captive Group, a division of Specialty Program Group, has acquired the assets of a group captive unit from Sedgwick.…
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January 14, 2022
TigerRisk Partners appoints partner to US property and casualty team
Joe Springer has been appointed as a partner by TigerRisk Partners to strengthen its US property and casualty team. Springer…
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January 14, 2022
EU and US risk managers must brace for escalating Russian cyber threat
EU governments have this week commenced a major cyberattack simulation that could affect multiple member states, according to reporting service…
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January 14, 2022
Insurer wins two more Covid-19 BI rulings in US
Two US federal appeals courts have again ruled that policyholders are not entitled to Covid-19-related business interruption (BI) coverage. As…
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January 13, 2022
Warning from Fitch for reinsurers over persistent high inflation
Fitch Ratings has warned that should current high levels of inflation persist as the world emerges from the coronavirus pandemic,…
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January 13, 2022
Austrian regulator says use of Google Analytics violates GDPR
The Austrian Data Protection Authority (Datenschutzbehörde or DSB) has decided in a model case brought by activist legal group noyb (My…
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January 13, 2022
Businesses must prepare for disorderly transition to net zero: WEF
Companies should prepare for a “disorderly transition” to a low-carbon economy, as climate change adaptation threatens to increase societal, economic…
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January 13, 2022
Improved conditions for D&O in US but some challenges remain, says WTW
Most companies will likely see improved conditions affecting their 2022 D&O renewals, according to Willis Towers Watson (WTW), although some…
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January 13, 2022
Insurer challenges in 2022 include civil unrest and class actions, says RPC
The latest Annual Insurance Review from law firm RPC highlights a number of issues set to impact insurers in 2022,…
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January 12, 2022
Aspen incorporates ESG into underwriting framework
Aspen said ESG factors are now built into its underwriting of credit and political risks, with the aim of generating…
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January 12, 2022
WTW launches new crisis management unit
Willis Towers Watson (WTW) has established a new crisis management unit after merging its special contingency risks and terror and…
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January 12, 2022
High inflation risks reinsurers’ credit profile: Fitch
Reinsurers’ credit positions would be “weakened” if record high inflation rates in 2021 last for two years, according to Fitch…
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January 12, 2022
US cyber insurance buyers struggling with hard market, says Gallagher
The cyber insurance market is struggling with continued hardening market conditions, according to Gallagher, and there are no signs of…
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January 11, 2022
D&O rates stabilise as capacity returns: Gallagher
Buyers should see more stability of rates in the D&O liability market this year, according to broker Gallagher, after premiums…