Executive & D&O
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Credit risk rises with growing political and economic uncertainty
Heightened political and economic uncertainty is driving up credit risk, increasing the threat of insolvencies and supply chain disruption. According…
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Beazley boosts Asia-Pacific expansion plan by taking 30% stake in Hong Kong’s Pegasus
Specialist Lloyd’s-based insurer Beazley has followed up its announcement made earlier this week about its Asian expansion plans, by revealing…
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Harsh market provides risk managers with chance to show their worth: Graham
While coming renewals may prove to be the toughest ever experienced by many younger risk managers, this moment represents a…
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Booming cannabis industry sparks new risks
The second wave of cannabis legalisation in Canada has opened up new opportunities and risks for companies, including those from…
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Ghana signs up to ATI in €16m deal
Ghana’s Ministry of Finance and German bank KfW have agreed a financing agreement in the amount of €Ä16m that will…
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Private equity firms not adequately checking insurance at portfolio firms: Mactavish
Private equity firms risk failing to check the insurance cover of acquisition target companies, according to Mactavish following a survey…
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Trade credit insurers reducing exposure and raising rates over no-deal Brexit fears
The heightened risk of a no-deal Brexit is fuelling demand for trade credit insurance, but insurers are taking action to…
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Insolvency risk spiking in eastern Europe, warns Atradius
Insolvency risk is expected to spike for companies in eastern Europe this year as economies fight against global trade tensions,…
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Beazley continues European expansion with Italian cyber and financial lines launch
Beazley has rolled out cyber and financial lines insurance to the Italian market as part of its expansion in Europe.…
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The Netherlands braces for no-deal Brexit: Coface
Brexit is already having “very visible” effects on the Dutch export economy, according to Coface, which adds that a drop…
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Hardening market accelerates for mining risks as renewals approach, says Willis report
Hardening in the mining insurance market is accelerating, as large losses and capacity withdrawals make for challenging renewals, according to…
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AXA XL working to tackle non-affirmative cyber cover in suite of products
AXA XL is reviewing its policies to tackle non-affirmative, also known as silent, cyber cover wherever possible, the insurer told…
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Marsh figures show jump in W&I claims across EMEA
Marsh reports that warranty and indemnity (W&I) claim notifications are up 293% across Europe, the Middle East and Africa (EMEA)…
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CIMA insurers pledge to reduce insolvency risks
Insurers across the 14 countries of the CIMA (Francophone Africa) region are promising to use credit insurance products to help…
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QBE sees profits rise as rates increase by 4.7%
QBE reported cash profit after tax up 35% to $520m in the first half of this year, helped by lower…
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Growing Brexit liability risk as validity of insurance questioned: Mactavish
Mactavish said companies, including directors and officers, face a growing threat of being sued for failing to prepare for no-deal…
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Swiss Re Corporate Solutions to slash 20% of book as strategic review kicks in
Swiss Re Corporate Solutions (SRCS) is pulling back from several underperforming classes that will see its gross written premium reduce…
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Marsh index records biggest quarterly insurance price rise of 6% in Q2
Marsh revealed during its second-quarter results call that average global commercial insurance prices rose nearly 6% in Q2. This is…
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AXA XL Insurance appoints Fumagalli head of financial lines in Europe
AXA XL Insurance has appointed Simona Fumagalli as head of international financial lines, Europe. In her new role, Ms Fumagalli…
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Insurers report further market hardening in early results
The first insurers reporting second-quarter and half-year results say rate increases are on the rise, with hardening conditions spreading to…