Risk Specialty
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Ardonagh Specialty expands cross-class follow-capacity solution to property
Ardonagh Specialty’s cross-class follow-capacity solution has been expanded to include Price Forbes’ property business. A panel of underwriters including Lloyd’s…
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Geneva Association says cyber risks need government backstop or PPP
A government backstop or public-private partnership (PPP) is needed to transfer certain catastrophic cyber risks because the private insurance market…
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Over 10,000 UK BI policyholders still without Covid-19 payments
More than 10,000 UK businesses are still awaiting any form of payment from their insurers for Covid-19 business interruption (BI)…
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Generali Global Corporate & Commercial strengthens construction and engineering capabilities
Generali Global Corporate & Commercial (GGC&C) has enhanced its partnership with Protos Check, with a new agreement that the insurer…
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Global tensions can be eased through climate risk management, finds new report
Lloyd’s has published a new report that it says will help risk managers and insurers navigate the significant overlap between…
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Excess-of-loss cover to feature more in credit insurance
Large companies are increasingly opting for excess-of-loss credit insurance, with the trend set to grow further in the future. This…
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Board directors rate regulatory probes as greatest personal risk
An overwhelming majority of board directors (84%) said a regulatory investigation is the biggest personal liability they face, according to…
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Credit Suisse chairman resigns after Covid-19 quarantine breaches
Credit Suisse has appointed a new chairman after António Horta-Osório resigned the post because he reportedly breached Covid-19 travel quarantine…
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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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IUA business plan targets correlate with risk managers’ concerns
The International Underwriting Association (IUA) is set to focus on the problems that keep risk managers awake at night. The…
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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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Pool Re backs new systemic risk research to develop transfer solutions
A new research programme, led by the funded by UK terrorism mutual Pool Re and a consortium of international companies,…
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Study finds corporate progress on UN’s Sustainable Development Goals but room for improvement
New research has revealed that four in five companies studied now include a commitment within their sustainability reports to the…
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DAC Beachcroft highlights ESG, class actions and social inflation as big issues for 2022
Environmental, social and governance (ESG), class actions and social inflation all feature prominently in the latest insurance predictions from DAC…
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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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Spanish court rules in favour of doctors in Covid-19 PPE lawsuit
A Spanish court has ruled that a regional government in the country should compensate doctors forced to work during the…
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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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UK insolvencies to spike as Brexit exacerbates impact of Covid-19, warns Atradius
Atradius is predicting UK insolvencies will be 33% above pre-pandemic levels this year, as Brexit exacerbates the impact of Covid-19.…
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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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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…
