Risk Specialty
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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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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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Cyber insurer CFC targets mid-size to multinational tech companies
Specialist cyber insurer CFC is looking to expand its portfolio to larger corporate tech businesses with the launch of a…
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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,…
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German cyber MGA Cogitanda reportedly files for insolvency
German risk managers will be concerned to hear that cyber MGA Cogitanda has reportedly informed its shareholders this week that…
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Allianz Commercial names new head of large UK cyber business
Allianz Commercial has appointed Delvin Tillett as its new head of cyber for large corporate business in the UK. He…
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Captives no magic wand for French risk managers
French companies considering setting up captives as an alternative for risks in which insurers have shown little, if any, appetite,…
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P&I clubs NorthStandard and Noord Nederlandsche sign partnership
UK-based protection & indemnity club NorthStandard has formally partnered with Noord Nederlandsche P&I Club (NNPC) in an arrangement that will…
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European firms take biggest hit from trade wars: Verisk Maplecroft
European businesses are among the hardest hit by rising costs from deglobalisation and more protectionist trade policies, according to risk…
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UK construction PI market softens further
The professional indemnity (PI) market for construction-related professions in the UK has continued to soften at a pace faster than…
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Growing demand for cartel insurance in Mexico, says Chaucer
Demand in Mexico for insurance against cartels and other organised crime is rising, according to speciality (re)insurance group Chaucer. It…
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Cyber rates need to rise for insurers to maintain profit: S&P
Cyber insurers will need to be clearer on policy wordings and adjust rates over the next two years, while looking…
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WTW says multinational programme approach needed for trade credit insurance
A new approach is needed for multinationals when it comes to trade credit insurance, with many companies struggling to maximise…
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Zurich launches climate risk digital solution
A new interactive digital solution to help customers uncover climate risks up to the year 2100 has been launched by…
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MAXIS GBN appoints chief underwriting officer
Nicolas Denys has been appointed as chief underwriting officer at MAXIS Global Benefits Network (MAXIS GBN), effective 1 February 2025,…
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D&O experts eye US Supreme Court pleading standards case
The US Supreme Court’s looming decision on pleading standards in a securities class action may have a significant impact on…