Liability
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Corporate round-up
ACE launches dedicated cyber risk unit in continental Europe, Swiss Re Corporate Solutions makes senior cyber & technology appointments, Liberty…
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Corporate round-up
AGCS recruits crisis management expert to boost global casualty team, Mike East moves to QBE from Canopius as claims director,…
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Corporate round-up
XL restructures casualty risk engineering team, AGCS appoints Crabtree as UK head of product development for financial lines and Marsh…
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Reinsurers show increased appetite for casualty lines
Reinsurers that attended the Reinsurance Rendez-vous in Monte Carlo this week have indicated that they are willing to write more…
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Corporate round-up
ACE appoints Kyle Bryant as regional cyber manager for Europe, Lockton adds JLT trio to its international management liability team,…
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Abundant capacity drives further fall in global insurance rates finds Marsh
Global insurance rates fell for the fifth consecutive quarter with property rates down by an average of 4.6% in Q2…
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UK government told to streamline asbestos claims
The UK government needs to review the processes and costs involved in the handling of mesothelioma claims that fall outside…
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Class actions arrive in France but unlikely to spark mass claims for now
The introduction of class actions in France may increase reputational risk for companies but is unlikely to result in the…
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Liabilities set to increase for UK exporters warns ACE
ACE has warned UK exporters to anticipate growing liability risk as they look to expand their activities following a steady…
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Insurers braced for flurry of financial crisis-based lawsuits
Insurers are bracing themselves for a flurry of lawsuits against financial institutions related to liabilities from the credit crunch and…
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UK organisations at risk of higher legal and insurance costs from personal injury reforms
Marsh has advised UK organisations to review their procedures for handling employers' liability, motor and public liability claims in order…
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Broker demands return to all-risk liability policies
General liability policies are not fulfilling the requirements of modern companies as exclusions in the name of specialist cover are…
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Hydrofracking risk the big unknown warns lawyer
New hydraulic fracturing technology is one of the big risks facing major energy companies and insurers alike, delegates at the…
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Casualty rates flat but expected to rise finds Airmic
Casualty insurance rates are flat but expected to rise over the next two years according to new research by Airmic.
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AIG advises UK risk managers to focus on casualty as rate rises expected
With almost two-thirds of UK risk managers expecting casualty rates to rise over the next two years, according to a…
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Corporate round-up
Willis rolls out all risk D&O cover in Asia Pacific
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Risk managers in mature markets increasingly focused on liability risk transfer
Risk managers in mature markets are increasingly focused on transferring commercial liability risks with take up of cover on the…
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France’s Total decision raises the risk of liability on the high seas
A court ruling in France on a high profile oil spill looks set to increase environmental liability for French companies…
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EMEA liability limits up 7% since financial crisis-Marsh
Companies in Europe, the Middle East and Africa (EMEA) have purchased more liability insurance since the economic downturn took grip…
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Competition and demand for PI cover in Australia and Canada strong but South Africa remains niche market
While there is high penetration of professional indemnity insurance in Australia and Canada and strong competition among insurers for the…