CRE Newsletter
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Geopolitical
March 13, 2024
Multinationals face macroeconomic and geopolitical uncertainty in huge election year
Macroeconomic competition and geopolitical insecurity are fuelling long-term uncertainty for multinationals as they face up to “biggest election year in…
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Cyber & Technology
March 13, 2024
Brit launches Lloyd’s consortium for large cyber risks
Global specialty insurer and reinsurer Brit has launched a cyber placement consortium with Lloyd’s underwriters for large institutional clients. Brit…
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CRE Insurance
March 13, 2024
MS Amlin reports best combined ratio for a decade in ‘attractive’ market
MS Amlin has reported record profits for 2023 and the best combined ratio since Lloyd’s agency Amlin was acquired by…
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ESG Litigation
March 13, 2024
UK business leaders fear ESG targets expose them to litigation
Nearly two-thirds (62%) of senior leaders at large UK businesses are worried that their ESG targets put them at risk…
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CRE Risk Management
March 13, 2024
McLarens creates UK entertainment unit with new team hires
Global claims service firm McLarens has launched an entertainment and contingency unit in the UK and Ireland, with a focus…
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Liability
March 13, 2024
AI regulation to shake up liability insurance
Developments in artificial intelligence (AI) and related regulation will require an overhaul of liability insurance policies and the creation of…
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Cyber & Technology
March 12, 2024
Parliament committee attacks UK government’s ‘shambolic’ cyber strategy
Only days after the former head of the UK’s National Cyber Security Centre (NCSC) called on his country to criminalise…
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Risk Management
March 12, 2024
Revamped UK internal audit code expands to cover more risks and corporate culture
Proposed changes to a code of practice for internal audit in the UK promises to “raise the bar” for the…
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Market
March 12, 2024
Antares reports healthy growth in continued ‘positive’ market conditions
Antares Global, the Lloyd’s-based group of insurance and related service companies owned by Qatar Insurance, announced strong growth in 2023…
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Market
March 12, 2024
Generali in ‘best shape’ after booking record results
Generali reported a 14% gain in its 2023 net result, based on adjusted figures, to a record €3.58bn, driven by…
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Climate Change
March 12, 2024
Europe ill-prepared for climate risks, finds first-ever EEA assessment
Europe is not prepared for rapidly growing climate risks and is failing to keep pace with the rising exposures, warns…
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France
March 12, 2024
Déal named MD of DUAL France as MGA builds out French team
DUAL Europe, Howden’s MGA, has appointed Guillaume Déal from Everest as managing director of its recently created French business. The…
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Cyber & Technology
March 12, 2024
Coalition adds Aspen to panel of cyber insurers
Cyber managing general agent Coalition has agreed to a multiyear capacity deal with Aspen Specialty. Aspen’s capacity will be available…
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Risk Management
March 12, 2024
Risk managers must play strategic game to avoid overload in polycrisis
Risk managers are coming under huge strain from the never-ending polycrisis but can meet this challenge, and shouldn’t fear overload,…
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Captives
March 11, 2024
Anra pushing for captive regime in Italy
Italian risk management association Anra has told Commercial Risk Europe that it is hopeful a new captive-specific regime will become…
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Market
March 11, 2024
EMEA pricing flat in Q4 and easier than other regions: Aon
The EMEA insurance market was flat overall from a pricing perspective in the last quarter of 2023 and slightly easier…
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Market
March 11, 2024
Lloyd’s only exceeds cost of capital for first time in a decade with record results
Risk managers seeking evidence of a significant market softening to offer their CFOs a more optimistic outlook will be disappointed…
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People Moves
March 11, 2024
Aspen confirms Stanford as UK CEO
Aspen Insurance has confirmed the appointment of Sarah Stanford as CEO of Aspen UK, following an interim appointment in January…
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Cyber & Technology
March 11, 2024
Belgian beer firm Duvel restarts operations after cyberattack
Belgian beer manufacturer Duvel has resumed production within a week after it was hit by a cyberattack, according to reports.…
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Africa
March 8, 2024
Reputation, supply chain and cyber pose biggest risks to global retailers, reveals WTW survey
Global retailers are finding it hard to get the right insurance at an acceptable price as the range of risks…