Region
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January 18, 2024
Underwriters insert UK, US and Israeli shipping exclusions for Red Sea transits
Underwriters are imposing exclusions on ships with links to the UK, UK or Israel continuing transit in the Red Sea,…
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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 18, 2024
WTW forms strategic team to focus on complex risks in North America
WTW it has formed a team of five strategic client engagement leaders to focus on complex risks within the 12…
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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
Repsol sued in Dutch court for Peru oil spill damage
Spanish oil firm Repsol faces a class action in the Netherlands for a reported $1bn, alleging an oil spill off…
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January 17, 2024
Confidence in reputational risk management falls in DACH
Companies are becoming increasingly aware of their reputational risks and the potential costs of image damage, not least due to…
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January 17, 2024
Tankers divert as war risk premiums jump again for Red Sea route
War risk premiums for shipments through the Red Sea region have jumped to about 1% of the ship‘s value over…
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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 17, 2024
Liberty Specialty Markets appoints new CUO
Ronald Bolaños has been appointed as chief underwriting officer (CUO) at Liberty Specialty Markets (LSM). He will report to both…
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January 17, 2024
HDI enters Swedish jewellers block market
HDI Global Specialty has entered the Swedish and Nordic jewellers block insurance market with the hire of experienced underwriter Frank…
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January 17, 2024
Zurich North America names chief risk officer
Zurich North America has named Ann Chai as chief risk officer, succeeding Colleen Zitt, who was named vice-president of end-to-end…
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January 16, 2024
Red Sea shipping crisis beyond Q1 would severely impact supply chains, warns Allianz Trade
The impact of disruption to the Red Sea shipping route on global supply chains could become “more severe” if it…
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January 16, 2024
Cyber and BI remain biggest concerns while fears over political threats rise in Allianz Barometer
Cyber and business interruption remain the biggest concern for companies across the world, according to the latest Allianz Risk Barometer.…
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January 16, 2024
HDI Global appoints new managing director for Singapore
HDI Global SE is to appoint Alex Tarantino as managing director HDI Global SE Singapore, following the retirement of Graham…
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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 16, 2024
French financial supervisor to focus on climate and cyber risks in 2024
French insurers and wider financial institutions will find their approach to cyber and climate risk identification, prevention and management strategies…
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January 16, 2024
Europe’s economic outlook weakens ‘significantly’ for 2024: WEF
More than half (56%) of chief economists told the World Economic Forum (WEF) that they expect the global economy to…
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January 15, 2024
Soft US cyber insurance market to see shift to higher premiums in 2024
While the US cyber insurance market dramatically shifted from 2022 to 2023 to a soft market, underwriters believe there will…
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January 15, 2024
Companies not learning supply chain lessons as shipping disruption becomes the norm
Companies need to plan for repeated supply chains disruption as climate change and geopolitical threats increasingly affect critical shipping and…