Risk Specialty
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May 1, 2024
Rising hail losses highlight need for better damage prevention
Insured natural catastrophe losses continue to be driven by hail damage during severe convective storm (SCS) outbreaks in the US,…
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May 1, 2024
Lloyd’s syndicate to focus on Australia and New Zealand
A new syndicate at Lloyd’s focused primarily on Australia and New Zealand and writing accident and health, aviation, casualty, construction,…
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May 1, 2024
MS Amlin names head of property and crisis management claims
Catherine Healy has been appointed head of property & crisis management claims at Lloyd’s (re)insurer MS Amlin. She will be…
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May 1, 2024
Aon launches cyber solutions product for mid-market clients
Aon has launched a new cyber solutions product for mid-market clients globally. The new product, Cedar, is designed to provide…
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May 1, 2024
New appointments at Belgian credit insurer Credendo
Christoph Witte has been appointed as new general manager of Credendo – Guarantees & Speciality Risks (GSR), a subsidiary specialising…
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May 1, 2024
US public D&O rate decreases accelerate to 30% in Q1: Aon
The average cost of $1m in D&O coverage for US public companies fell 29.9% from the year-ago period in the…
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April 30, 2024
Global cyber insurance premium grows 6%
Global cyber insurance premium grew 6% in 2023, the slowest rate of growth since 2019, reaching a total global premium…
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April 30, 2024
Health and wellbeing packages nearly as important as pay, finds Towergate poll
Employees’ interest in health and wellbeing support offered by potential new employers is almost as important as salary, according to…
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April 30, 2024
New title insurance covers from DUAL Australia
DUAL Australia has launched a new business line focusing on commercial real estate transactions and M&A deals. The new line…
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April 30, 2024
Average ransomware demands up 36% last year to $1.4m: Coalition
Cyber insurer Coalition saw claims frequency among its policyholders rise 13% last year, with more than half of all losses…
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April 30, 2024
UK employers to maintain existing benefits structures despite cost concerns
Cost is the number one factor driving decisions around employee benefits and wellbeing strategies in UK businesses, according to a…
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April 30, 2024
Credit and political risk insurance broker BPL appoints new director
Lizzie Thomas has been appointed as director at BPL, the broker specialising exclusively in credit and political risk insurance. BPL…
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April 30, 2024
Insured cat losses above average in Q1 but down 43% on last year: Aon
Insured losses caused by natural catastrophes reached at least $17bn for the first quarter of 2024 and were slightly above…
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April 29, 2024
Shifting climate litigation against corporates and D&Os ripe for growth
The current shift in climate litigation and ESG regulation means that corporates and D&Os face mounting risk, with things even…
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April 29, 2024
New Africa-focused syndicate launched at Lloyd’s
A new syndicate at Lloyd’s focused on underwriting business across Africa has been launched by Africa Specialty Risks (ASR). It…
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April 29, 2024
WTW and Riskonnect partner on risk diagnostic tool
WTW and risk management software firm Riskonnect are partnering to pilot an “innovative” risk diagnostic tool that promises to provide…
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April 29, 2024
Marsh extends Cyber ECHO facility to $125m of excess capacity
Marsh has added another $25m to its excess cyber facility ECHO, bringing its overall capacity to $125m. The broker said…
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April 29, 2024
Beazley grows premiums 7% in Q1 as overall rates flatten
Beazley booked premium growth of 7% for the first quarter of this year to $1.48bn after rate increased slowed to…
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April 26, 2024
Ferma members told AI will bring risk and reward for corporate insurance buyers
The growing use of artificial intelligence (AI) by insurers promises big benefits for corporate insurance buyers, but also comes with…
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April 26, 2024
Warmer climate spreading risk of malaria and dengue to new regions
New research from health resilience experts warns that mosquito-borne diseases, including malaria and dengue, are spreading to new regions as…