Property
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December 6, 2021
AM Best upgrades US commercial lines outlook
AM Best has revised its outlook for the US commercial lines insurance segment from negative to stable, citing favourable Covid-19…
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December 6, 2021
Risk managers being put to severe test, says ANRA treasurer
Alberino Battagliola, corporate insurance manager of a multinational group and Anra treasurer, gives CR Italia an overview of the market…
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December 3, 2021
PERILS estimates losses of €311m from European storm Hendrik-Ignatz
PERILS estimates insured property losses of €311m from windstorm Hendrik-Ignatz that struck Europe in October. The Zurich-based insurance catastrophe-data firm…
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December 1, 2021
AM Best upgrades US commercial property market outlook to stable
AM Best has revised its outlook for the US commercial property insurance market from negative to stable, citing ongoing rate…
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November 30, 2021
How to add a revenue stream to your global benefits programme
The enormous risk and uncertainty of the last 18 to 20 months has seen some key trends in terms of…
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November 30, 2021
Storm Arwen insured losses up to £300m, says PwC
Storm Arwen, which struck the UK at the end of last week and during the weekend, is set to cost…
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November 26, 2021
Italian insurers launch nat cat risk tool
A tool to help Italian companies assess the risk of a natural disaster has been launched by the Italian Association…
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November 25, 2021
US hurricanes shifting northwards and becoming more severe, Chaucer study finds
Hurricanes and tropical storms are no longer the preserve of southern US states and Caribbean islands, with a shift northwards…
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November 24, 2021
New capacity fuels rate relief for some excess-and-surplus lines in US
Excess and surplus (E&S) insurance buyers in the US will see continued price increases in 2022, after several years of…
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November 23, 2021
US rates still increasing across all lines, finds CIAB’s third-quarter survey
US commercial property and casualty prices continued to rise in the third quarter of 2021, according to the latest Commercial…
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November 23, 2021
Lloyd’s launches parametric insurance for northern Australia cyclones
Lloyd’s has launched a parametric cyclone insurance product for buyers in northern Australia, led by Beazley and backed by reinsurers…
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November 22, 2021
Spotlight on casualty: a conversation with BHSI’s Mathias Neumann
Mathias Neumann, head of casualty at Berkshire Hathaway Specialty Insurance in Germany, discusses the state of the local casualty insurance…
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November 22, 2021
McLarens partners with Polish firm Saltex to grow eastern European claims support
Claims manager and loss adjuster McLarens has formed a strategic alliance with Polish firm Saltex to boost its European footprint…
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November 19, 2021
Belgian insurers’ association reiterates desire for public-private partnership in face of flood losses
As the cost of insured flood damages exceeds the €2bn mark, Belgium’s insurance association has reissued a call for greater…
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November 18, 2021
Lower Covid-19 claims offset budget-busting nat cat losses for Europe’s big four reinsurers
Europe’s big four reinsurers reported strong improvements in nine-month results after a sharp reduction in Covid-19-related claims compared with last…
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November 17, 2021
Insurance rate hikes expected to moderate in US as capacity rises
Commercial insurance buyers in North America should see relief from the hard market next year with a few lines seeing…
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November 15, 2021
Industrial lines help keep Talanx on course despite significant large losses
Talanx remains on track to meets its full-year net income target despite heavy large losses of more than €1.5bn at…
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November 15, 2021
GVNW forum stresses need for digital insurance
Data quality and the smart application of technology are key to managing a changing risk landscape and ensuring regular communication…
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November 15, 2021
Westfield Specialty to acquire Argo Group’s US property business renewal rights
Westfield Specialty is to acquire the renewal rights of Argo Group’s US property, shared and layered property business. Westfield Specialty,…
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November 12, 2021
RSA’s London market and European business merged into Intact’s global specialty unit
RSA’s London market and European business will be integrated into Intact Global Specialty Lines following Intact’s acquisition of RSA in…