Terrorism
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AGCS broadens terror policy coverage with bespoke extensions
Following recent terrorist events in Europe and Virginia, Allianz Global Corporate & Specialty (AGCS) has started offering bespoke coverage to…
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Towergate announces push into specialty lines with terror product
Towergate Underwriting has launched a new London business called Geo Specialty. The first market to go live is political violence,…
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Pool Re: Terrorism model must adapt to cover new threats
Insurers and the UK’s terrorism backstop Pool Re must adapt to new risks posed by non-traditional terror attacks, including the…
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Terror and cyber attacks boost demand for crisis cover
Insurance buyers are increasingly turning to crisis management solutions from insurers as they seek to manage fast-evolving security and cyber…
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Experts identify likely cyber terror targets
Transport and chemical plants are among the most attractive targets for cyber terrorists, although known terrorist groups are years away…
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Asia Pacific continues to lead shipping losses but trend is positive: AGCS
The south China, Indochina, Indonesia and Philippines region continues to lead the world shipping losses table, according to the Allianz…
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Marsh president: ‘Age of the Client’ or ‘Age of Risk or Disruption’?
The current environment is the ‘Age of the Client’ according to the president of Marsh, John Doyle. Speaking at the…
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Advertorial: Will you be giving your kids cryptocurrencies for pocket money?
First introduced in 2009, bitcoin has had a turbulent history that shows little sign of settling down. In spite of…
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Cyber and new regulations push risk management up APAC insurers’ corporate agenda
New regulatory and reporting requirements along with a widening range of risks such as cyber are helping to expand the…
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Pool Re hire aimed at boosting SME take-up
Pool Re has appointed Howard Cheetham as head of distribution, tasked with increasing the uptake of terrorism insurance around the…
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Chubb increases terrorism, political violence and war insurance capacity
Chubb has increased its insurance capacity for terrorism, political violence and war risks to $150m/€150m from $100m/€100m. Chubb said the…
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Terror attacks in France and Australia following London atrocity
Following the weekend’s terrorist attack in London, further suspected terrorist incidents have been reported in France and Australia. Political risk…
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Arma Underwriting opens for business in Dubai
Dubai-based Arma Underwriting, the recently formed Lloyd’s coverholder, has received full approval from all regulators and commenced operations. Arma, which…
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UK terror attack shows worrying sophistication, but risk level unchanged: analysts
Police investigations into Monday’s terrorist attack in Manchester are revealing a worrying level of sophistication, but analysts see little change…
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UK raises terror threat to critical
The UK government has raised the terror threat level from severe to critical, which is the highest of five possible…
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Mass casualties from suspected terror attack in Manchester
At least 22 people were killed in a suspected terrorist attack in Manchester, England, last night. The explosion, which injured…
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Pool Re remains hopeful of offering cyberterror cover
UK’s Pool Re remains hopeful that it will be able to extend cover to include cyberterrorism, but delays in obtaining…
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AGCS appoints energy underwriter in London
Allianz Global Corporate & Specialty (AGCS) has appointed Zoe Massie as offshore energy underwriter. Working in the energy team in…
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When people are in the firing line
Jonathan Gregory, global head of kidnap and ransom at AIG, explains why a changing terrorism threat landscape requires businesses to…
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XL Catlin hikes available terrorism insurance limits in US
XL Catlin has raised its available terrorism insurance limits by 25%, to $250m from $200m in response to calls from…