Liability
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July 14, 2022
New head of international casualty, UK & Lloyd’s at AXA XL
Olivia Shing has been promoted to head of international casualty, UK and Lloyd’s, at AXA XL. She will be responsible…
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July 14, 2022
US liability limits expand as rate hikes moderate
Rate increases for general liability and umbrella coverage moderated in the first half of 2022 to low double-digit price hikes…
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July 11, 2022
BHP to face £5bn group claim in UK over Brazilian dam collapse
Mining group BHP will face a £5bn lawsuit in the UK over the Fundão dam collapse in Brazil that caused…
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July 11, 2022
Inflation and slow GDP growth pressuring Mexican insurance industry, says Best
Mexico’s insurance market is expected to remain pressured by the challenging economic environment, according to AM Best. As a result…
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July 7, 2022
3M settles ‘forever chemicals’ leak with Flemish government for €571m
A Belgium subsidiary of US manufacturer 3M has agreed to pay €571m to the Flemish government to settle claims that…
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July 7, 2022
Dutch airline KLM sued over ‘greenwashing’ adverts
KLM, the Dutch subsidiary of Air France, is being sued for refusing to stop allegedly misleading adverts that claim its…
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July 6, 2022
Commercial US P&C rates rise in second quarter
Average US commercial property and casualty rates rose 5.9% in the second quarter, according to MarketScout Corp. As first reported…
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July 6, 2022
IQUW appoints crisis management specialist to support product recall cover
Specialty insurer IQUW is using product recall risk and crisis management experts RQA Group as crisis consultants for policyholders of…
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July 4, 2022
Clyde & Co relaunches online casualty platform as it merges with BLM
Clyde & Co has merged with BLM today and is rebranding its recently launched online casualty insurance platform to Clyde…
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July 1, 2022
Reinsurance market moving towards ‘true hard’ territory as buyers struggle at mid-year renewals: Aon
Reinsurance buyers faced a near-perfect storm during June and July property renewals as capacity constraints collided with rising demand for…
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June 30, 2022
BMS expands international casualty team with new hires from Tysers
Specialty broker BMS has hired a casualty team from Tysers to support its international clients and help drive the company’s…
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June 30, 2022
‘Explosive’ growth in UK data breach litigation
The number of UK data breaches has been falling due to improved cybersecurity but lawyers are reporting an “explosion” in…
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June 28, 2022
Bayer hit with second Roundup appeal defeat in US
The US Supreme Court has now rejected Bayer’s appeal to overturn $87m of damages for use of its weedkiller Roundup,…
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June 28, 2022
German insurers resilient in face of catastrophic losses: Fitch
The German non-life insurance sector is showing resilience in the face of costly natural catastrophe events, such as storm Bernd…
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June 27, 2022
Norsk Hydro sued in the Netherlands over contamination in Brazil
Norwegian energy company Norsk Hydro is being sued in the Netherlands over allegations that its aluminium plant in Brazil polluted…
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June 24, 2022
Everest Insurance expands into Asia with Singapore office
Everest Insurance has entered the Asian market with the opening of an office in Singapore. Everest, the insurance division of…
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June 23, 2022
German diesel manipulation legal protection claims exceed €1.4bn and still rising
The cost of disputes in Germany over the so-called ‘Dieselgate’ scandal continues to rise and it now represents the costliest…
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June 22, 2022
Long Covid leaves healthcare providers vulnerable to liability risks
Long Covid, with its varying and unpredictable symptoms and no known cure, leaves healthcare providers vulnerable to liability risks stemming…
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June 22, 2022
Bayer loses Roundup appeal as US Supreme Court backs $25m damages award
German pharmaceutical firm Bayer has lost its appeal to dismiss Roundup cancer claims before the US Supreme Court, which upheld…
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June 20, 2022
Greece sues Novartis for €200m after years of bribery probes
The Greek government is seeking more than €200m in damages from Swiss-US pharmaceutical firm Novartis for “illegal” bribery practices. This…