Region
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Europe moots nat cat risk scores for properties
A nat cat risk awareness tool for European properties at risk of flooding, wildfire and other perils is underway after…
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PIB Group strengthens in Benelux with Thoma buy
Specialty broker PIB Group has further expanded its presence in Europe with the acquisition of commercial lines broker and MGA…
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Wefox sells insurance carrier to Swiss consortium
European insurtech Wefox has agreed to sell its insurance carrier Wefox Insurance AG to a consortium of Swiss companies led…
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Liberty Mutual names next president of GRS North America
Liberty Mutual Insurance has named Marc Orloff as the next president of Global Risk Solutions North America, effective 1 January…
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Zurich completes AIG travel deal
Swiss insurer Zurich has completed its purchase of AIG’s global personal travel insurance business. The deal, which was first announced…
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More premium rate stability for US commercial property insureds
US commercial property insureds should see improved premium rate stability as inflationary pressures on replacement costs have eased substantially throughout…
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French lottery group to launch French captive
La Française des Jeux (FDJ), the company that operates the national lottery games of both France and the Republic of…
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Ryan Specialty makes leadership changes to international unit
US-based insurer Ryan Specialty has named Mark Birrell as executive chairman of its international business, Ryan Specialty Underwriting Managers International…
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Cyclones cause $51bn in insured losses: Munich Re
Tropical cyclones, or hurricanes in the North Atlantic and typhoons in the Northwest Pacific, caused an estimated $51bn in insured…
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Big increase in UK employers reporting on proportion of staff with disabilities
There has been a significant increase in the number of UK employers who report on the proportion of their staff…
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Appetite for disruption
Underwriters from Tokio Marine HCC explain why Europe’s personal accident insurance market is in need of a change. The personal…
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Italian insurers shock resistant as non-life premiums rise 8%: Morningstar
Italian insurers are expected to maintain profitability next year on the back of strong premium growth in 2024, and are…
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Premiums to fall as UK opts for +0.5% personal injury rate
The personal injury discount rate applied to lump sum compensation awards in England and Wales will change to +0.5% in…
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Europe adopts cyber shield measures
Europe has adopted new measures as part of its cybersecurity legislation that will establish an alert system for major cyber…
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Rokstone acquires second box at Lloyd’s
Speciality (re)insurance MGA Rokstone has acquired a second box at Lloyd’s in direct response to the demand created since it…
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Three-quarters of sustainability leaders don’t expect to hit net-zero goals
A concerning 75% of sustainability business leaders do not believe their organisations will achieve their net-zero targets, according to a…
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Agers publishes AI risk handbook
Spanish risk management association Agers has published a new handbook to help risk managers tackle the challenges created by emerging…
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Miller appoints business development leader in marine team
Guy Pierpoint has been appointed to Miller’s marine team in a leadership role focusing on business development. He will have…
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Many global firms lack plans to manage extreme weather, finds International SOS
A survey by International SOS Foundation has found that just a third of firms (36%) have comprehensive plans and policies…
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Shipowners Club bucks P&I renewal rate hike trend
Protection and indemnity (P&I) insurer the Shipowners Club said it will not increase rates for 2025 at renewal in February,…