Liability
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Aon calls on reinsurers to ‘lean in’ to complex and interconnected risks
Aon is calling on the reinsurance industry to deploy its record levels of capacity to help insurers address complex and…
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Moody’s acquires casualty modeller Praedicat
Rating agency and risk data provider Moody’s has purchased casualty insurance analytics company Praedicat in a move designed to bolster…
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GVNW foresees market easing despite tough spots
The GVNW expects insurance pricing to ease in the coming months across most lines but warns that corporate motor and…
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Grenfell inquiry calls for far-reaching changes to UK fire regulation
A seven-year-long public inquiry into the fatal Grenfell Tower fire in London has called for fundamental changes to fire safety…
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Positive outlook for insurance buyers in Australia, says Marsh
The general outlook for insurance buyers in Australia is positive according to Marsh, with the return of market competition from…
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Moody’s shifts outlook for global reinsurance sector to positive
Moody’s Investors Service has upgraded its outlook for the global reinsurance sector to positive. Higher prices and tighter policy terms,…
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Reinsurance rates peaking in short tail lines, says S&P
Pricing has remained largely in favour of reinsurers during major renewals this year but rates are likely to have “peaked”…
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Telegram CEO charged as France investigates app for illegal content
France has issued preliminary charges against the CEO of Telegram Pavel Durov as its cybercrime authorities investigate the messaging app…
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UK rate softening spreads to P&C lines: Aon
UK buyers were able to secure lower premiums for some property & casualty placements as rate softening spread from financial…
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Flat reinsurance rates expected in 2025, says Fitch
Reinsurance market rates are expected to be mostly flat in 2025 and terms and conditions to broadly hold steady, according…
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GVNW condemns blanket PFAS exclusions
German risk and insurance management association GVNW has come out strongly against new blanket insurance exclusions for PFAS, also known…
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South African general insurance industry to see continued strong growth
Increasing demand for policies covering nat cat events, and growing incidents of cybercrimes, together with rising vehicle sales, are behind…
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Rokstone hires head for new US excess casualty division
Specialty managing general agent Rokstone, part of Aventum Group, has named Laurence Burrows, formerly with Convex , as head of…
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Tesla sued after electrocution at Gigafactory
The family of a worker who was electrocuted at a Tesla factory in Austin, Texas, earlier this month has filed…
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North America sees buyer-friendly conditions as competition grows
Buyer-friendly conditions continued across much of the North American insurance market, driven by healthy competition, according to Aon. In Latin…
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Evolin Broking launches casualty division
London market wholesale insurance broker Evolin Broking has launched its casualty division with three appointments: Kalani Settle-Rhodes as head of…
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Global insurance market now in flat territory: Aon
Things continued to improve for insurance buyers in Q2 as insurer growth plans saw risk managers enjoy a competitive, well-capitalised…
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US commercial rates up slightly in July: Ivans
Commercial insurance rate increases in the US accelerated across most major coverage lines in July, according to a report from…
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New appointments at Markel’s international casualty team
Markel has appointed Robert Hannaford to the role of senior underwriter, life science, and James Murray as head of general…
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WTW reports stable or softening market in key lines
WTW saw its revenue rise 5% in both the second quarter and first six months compared to prior year periods,…