Region
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April 30, 2024
Ardonagh buys Italian commercial lines unit from broker Mansutti
The Ardonagh Group is buying the commercial lines business of Italian broker Mansutti for an undisclosed fee. Mansutti’s commercial operation…
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April 30, 2024
Spanish MGAs in talks to change rules to allow them to serve buyers across Europe
Spanish MGAs are holding negotiations with the Spanish authorities to implement legislative changes that would enable them to operate across…
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April 30, 2024
Asian and IMEA risk managers enjoy rate reductions in Q1
Asian risk and insurance managers will be pleased to hear that insurance rates in Asia fell by 2% in the…
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April 30, 2024
Health and wellbeing packages nearly as important as pay, finds Towergate poll
Employees’ interest in health and wellbeing support offered by potential new employers is almost as important as salary, according to…
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April 30, 2024
New title insurance covers from DUAL Australia
DUAL Australia has launched a new business line focusing on commercial real estate transactions and M&A deals. The new line…
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April 30, 2024
Average ransomware demands up 36% last year to $1.4m: Coalition
Cyber insurer Coalition saw claims frequency among its policyholders rise 13% last year, with more than half of all losses…
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April 30, 2024
UK employers to maintain existing benefits structures despite cost concerns
Cost is the number one factor driving decisions around employee benefits and wellbeing strategies in UK businesses, according to a…
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April 30, 2024
Credit and political risk insurance broker BPL appoints new director
Lizzie Thomas has been appointed as director at BPL, the broker specialising exclusively in credit and political risk insurance. BPL…
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April 30, 2024
Claire McDonald named CEO of Scor’s large corporate primary business
Former HDI Global executive Claire McDonald is joining Scor as CEO of its large corporate risk unit. McDonald has been…
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April 30, 2024
Insured cat losses above average in Q1 but down 43% on last year: Aon
Insured losses caused by natural catastrophes reached at least $17bn for the first quarter of 2024 and were slightly above…
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April 29, 2024
CSDDD a ‘milestone for responsible business conduct’
The Corporate Sustainability Due Diligence Directive (CSDDD), adopted by the European Parliament last week, will codify the UN Guiding Principles…
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April 29, 2024
Shifting climate litigation against corporates and D&Os ripe for growth
The current shift in climate litigation and ESG regulation means that corporates and D&Os face mounting risk, with things even…
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April 29, 2024
New Africa-focused syndicate launched at Lloyd’s
A new syndicate at Lloyd’s focused on underwriting business across Africa has been launched by Africa Specialty Risks (ASR). It…
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April 29, 2024
AM Best upgrades outlook for UK market and expects further rate hardening
AM Best has revised its outlook for the UK non-life insurance market to stable from negative, in part because it…
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April 29, 2024
Marsh extends Cyber ECHO facility to $125m of excess capacity
Marsh has added another $25m to its excess cyber facility ECHO, bringing its overall capacity to $125m. The broker said…
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April 29, 2024
Beazley grows premiums 7% in Q1 as overall rates flatten
Beazley booked premium growth of 7% for the first quarter of this year to $1.48bn after rate increased slowed to…
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April 29, 2024
Stable outlook for Gulf Cooperation Council insurance markets, says Best
Growth prospects for the insurance markets of the Gulf Cooperation Council (GCC) remain plentiful as new insurable risks enter the…
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April 29, 2024
Hartford profits soar 41% in first quarter
Hartford Financial Services reported first-quarter net income of $748m, a 41% increase compared with the year-ago period. The increase was…
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April 26, 2024
Ferma members told AI will bring risk and reward for corporate insurance buyers
The growing use of artificial intelligence (AI) by insurers promises big benefits for corporate insurance buyers, but also comes with…
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April 26, 2024
Warmer climate spreading risk of malaria and dengue to new regions
New research from health resilience experts warns that mosquito-borne diseases, including malaria and dengue, are spreading to new regions as…