Property
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MS Amlin names new P&C country manager for Belgium
MS Amlin Insurance SE (MS AISE), the global specialty (re)insurer’s European primary carrier, has appointed Jan Vande Weghe as property…
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Hurricane Elsa losses estimated at $290m
Insured losses from Hurricane Elsa are estimated to reach about $290m, according to cat model firm KCC. The majority of…
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Record $4.5bn insured loss in Europe following severe June weather
Insurers face a bill of $4.5bn from severe weather in Europe last month that is set to end up being…
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FM Global names Roberts to succeed Lawson as CEO
FM Global has named Malcolm Roberts as the company’s new CEO, taking over from Thomas Lawson in January 2022. He…
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Extreme weather triggers heavy June losses in DACH region
Germany, Austria and Switzerland (the DACH region) experienced a series of adverse weather events in June, resulting in losses (mainly…
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Agriculture risk management in focus as Italian market continues growth
The Italian food-farming sector is one of the most highly regarded worldwide for the quality of its products and, not…
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Cover still available for mounting civil unrest but prices set to rise
Specialist strikes, riots and civil commotion (SRCC) insurers are still providing cover for the risk despite rising civil unrest around…
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Ariel Re issues catastrophe bond
Ariel Re has issued its first 144A catastrophe bond, an index-triggered bond issued by Bermuda special purpose insurer Titania Re.…
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Expect ‘one, two punch’ from 2021 storm season, says FM Global as Claudette makes landfall
Atlantic hurricane seasons are expected to see less frequent but more severe storms, FM Global said as the first tropical…
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UK flood losses would hit £1bn without proper funding, warns ABI ahead of spending review
The UK must spend more on defences to mitigate the growing risk of flooding, according to a report submitted by…
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Wind: Mitigating the environmental impact
While the climate case for renewables is undeniable and the economic case is becoming increasingly compelling, clean energy does present…
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Risk managers must put in extra measures ahead of Covid-19 affected hurricane season, says International SOS
International SOS has advised risk managers to put extra measures in place to protect their companies and staff from this…
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Gothaer launches real estate fund focused on ESG assets
Cologne-based insurer Gothaer has teamed up with asset management firm Schroders to launch an open real estate investment fund that…
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Aston Lark appoints Incepta director for London market growth
Broker Aston Lark has appointed Marsh’s Robert Beere as director of its Lloyd’s wholesale broker Incepta, amid plans to build…
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UK SMEs using credit cards to pay their commercial insurance
The financial impact of Covid-19 and a rise in premiums has forced a number of UK corporates to borrow more…
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June renewals bring modest increases for reinsurers
Reinsurance buyers saw modest increases at 1 June renewals as markets largely remained well-capitalised, but exclusionary language concerning communicable disease…
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WTW and Hannover Re developing disaster protection ‘blueprint’ for Colombian city
Willis Towers Watson (WTW) and Hannover Re are working with the government in Medellín, Colombia to build resilience to natural…
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Environmental risk and remediation in focus in Italy
Sustainability is a wide-ranging subject that encompasses all the impacts of business on society, the environment and the workforce. It…
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Forecaster predicts 2021 north Atlantic storm season will be 30% to 35% above average
London-based forecaster Tropical Storm Risk (TSR) predicts the 2021 north Atlantic storm season will see 18 named storms, nine hurricanes…
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Gallagher to become fourth-biggest broker in Germany
A J Gallagher will become the fourth-largest broker in Germany by premiums handled after it completes the acquisition of various…