Region
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March 21, 2024
Business confidence in Europe’s competitive position falls
Europe’s business federation believe that there has been no improvement in the position of European companies against global competition, with…
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March 21, 2024
Fitch predicts moderate rise in profitability for Portugal’s insurers in 2024
Portugal’s non-life insurance sector is expected to report improved profitability in 2024, with rate increases offsetting higher claims frequency and…
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March 21, 2024
Action groups claim landmark greenwashing victory in KLM case
Dutch action groups have claimed a major victory in the fight against greenwashing by the aviation industry. The District Court…
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March 21, 2024
Risilience launches ‘holistic, sustainability intelligence suite’
UK-based Risilience, a sustainability intelligence firm, has launched a nature platform that will combine with its climate platform to tackle…
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March 20, 2024
Chaucer and US tech firm launch active assailant insurance product
US-based technology firm Gabriel has partnered with specialist insurer Chaucer and crisis management specialists Merrill Herzog to offer a mass…
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March 20, 2024
Ferma remains ‘vigilant’ as CSDDD passes next hurdle
Ferma has told Commercial Risk that it is “relieved” a risk-based approach to due diligence has survived the watered-down version…
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March 20, 2024
IUA publishes D&O liability insurance guide for multinationals
The International Underwriting Association (IUA) has published a D&O liability insurance guide addressing the complex compliance, tax and coverage issues…
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March 20, 2024
Sompo appoints CUO for global markets commercial P&C insurance
Richard Allen has been appointed as chief underwriting officer (CUO) for Sompo’s global markets commercial P&C insurance business. He is…
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March 20, 2024
Mining giants sued in fresh £3bn lawsuit in the Netherlands over dam collapse
Victims of the 2015 Mariana dam collapse in Brazil are suing Vale and Samarco’s Dutch subsidiary for £3bn in a…
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March 20, 2024
Ardonagh acquires Italian broker Mediass
UK-based broker Ardonagh has acquired independent Italian broker Mediass, which specialises in general liability, motor and professional indemnity to large…
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March 20, 2024
Allianz tops insurer sustainability perception brand value ranking
Allianz has topped a listing of insurance brand value and its sustainability perceptions, carried out by brand valuation consultancy Brand…
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March 20, 2024
Health and safety ‘surprise’ top risk for global D&Os, finds WTW survey
Health and safety is the “surprising” top risk for 84% of global directors, officers and risk managers, according to a…
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March 20, 2024
Captive owners face tough talks with fronts over collateral
Captive owners should ensure they provide accurate data and are ready to compromise on collateral to maximise their rate negotiations…
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March 20, 2024
Representations and warranties rates down sharply in 2023: Marsh
Rates for transactional risk coverage declined sharply last year, as capacity expanded and merger and acquisition activity continued to slow,…
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March 19, 2024
AI will shift liability rather than create new risks
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments, experts have told…
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March 19, 2024
Indonesian general insurance industry to see strong growth in 2024
The general insurance industry in Indonesia is expected to grow by 14.8% in 2024, driven by favourable regulatory reforms, rising…
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March 19, 2024
Specialist insurer CFC enters carbon insurance market
Specialist London-headquartered insurer CFC has entered the carbon insurance market with the launch of a new product – carbon delivery…
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March 19, 2024
Europe and Central Asia hotspots as forced labour profits reach $236bn
Annual private sector profits from forced labour have reached $236bn, up 37%, or $64bn, since 2014 with Europe and the…
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March 19, 2024
Hong Kong general insurance sector sees premiums rise but profit fall
The Hong Kong general insurance industry saw total gross premiums increase by 4.1% to $67.3bn in 2023, according to provisional…
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March 19, 2024
Chubb launches global transactional risk platform
Chubb has launched a global transactional risk platform that will offer its products across international markets while boosting its existing…