Property
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BHSI forms southern Europe hub in Dublin
Berkshire Hathaway Specialty Insurance Company (BHSI) has established a new office in Dublin and appointed Cormac McNamara as property and…
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Liberty leads out new equine and livestock teams
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has entered the equine and livestock markets, appointing Julian Bowen-Rees…
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Dale Underwriting to launch contingency and specialty SPA
Dale Underwriting Partners, which is managed by Lloyd’s third-party managing agency Asta, has been granted in principle approval by the…
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Meteorologists forecast heavier winter rains for UK
New research using the Met Office’s supercomputer has revealed high risk of unprecedented rainfall, and consequently potential flooding, in England…
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Insurtech funding rises by 248% in Q2
Investment in insurtech rose to almost $1bn in the second quarter of 2017, an increase of 248% on the previous…
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AIR unveils Thunderstorm model for Australia
Catastrophe modelling firm AIR Worldwide has released what it claims is the first severe thunderstorm model for Australia to capture…
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Insured nat cat losses of around $22bn in H1 well below ten-year average
Insured losses from natural catastrophes totalled $22bn in the first half of 2017, according to Aon Benfield’s Impact Forecasting, with…
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Fenchurch Law boosts disputes team
London-based Fenchurch Law, which specialises in insurance disputes and works solely on the buyer side, has appointed Tom Hunter as…
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Asia operating three-speed insurance market: Allianz
Asia’s insurance market may have been growing at an average annual rate of 7.5% for the past nine years and…
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Swiss Re launches parametric typhoon policies for Hong Kong and China
Swiss Re Corporate Solutions (SRCS) has launched what it claims is the first ever typhoon warning insurance product for Hong…
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Japanese insurer warns of unknown cyber liabilities in P&C policies
Insurers could be liable for massive cyber losses they are unable to cover due to the loose wording of their…
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June’s catastrophe losses reach $5bn with hefty insurance bill in US
Natural catastrophes recorded global economic losses of more than $5bn in June, according to Aon Benfield’s Impact Forecasting in its…
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African digital economy set to lead the way – and reduce corruption
In ten years, the digital economy will probably account for 10% of African GDP, according to technology experts. Speaking at…
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Fukushima executives go on trial in Japan
Three former executives at the Fukushima Daiichi nuclear power plant have pleaded not guilty to charges of professional negligence, in…
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Fitch paints positive picture for Indonesia’s insurers
Ratings agency Fitch is forecasting a rise in premium growth for Indonesia’s insurance industry, on the back of a predicted…
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Chubb launches packaged policy for technology companies in the UK and Ireland
A first- and third-party policy designed specifically to cater for the insurance needs of technology developers, producers and distributors operating…
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Guy Carpenter launches Asian retrocession service
Global reinsurer Guy Carpenter has launched a new unit dedicated to providing retrocession services to clients in Asia-Pacific. GC Asia-Pacific…
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Climate change report forecasts higher intensity weather phenomena
Climate change is likely to cause higher frequency and intense weather events including thunderstorms, wildfires and floods, according to a…
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Construction safety a top concern for China to address: Parima conference
Basic safety measures are lacking on many Chinese construction sites despite the rising public anger over the Tianjin explosion of…
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US P&C insurers suffer in Q1 on back of worst cat losses since 1994
US property and casualty insurers saw net income drop by 42.2% in the first quarter of this year and their…