CRE Newsletter
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Benelux
November 23, 2021
Shell’s UK relocation plans cause outcry in the Netherlands
News of oil company Royal Dutch Shell’s plan to relocate its operations to the UK has caused uproar in its…
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Cyber & Technology
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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GRM Insurance
November 23, 2021
Mosaic launches international transactional liability platform in London
Specialty insurer Mosaic Insurance has established an international transactional liability platform based in London to initially focus on the UK…
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Captives
November 23, 2021
AMRAE creates captive federation to push for fiscal incentives
French risk and insurance management association AMRAE has said it is confident that plans to make it more fiscally attractive…
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Risk Management
November 23, 2021
Pandemic tops list of external critical risks as Marsh warns SMEs to boost resilience
The majority of UK SMEs, at 71%, believe their business continuity plans responded well to Covid-19 and 55% said the…
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GRM Insurance
November 23, 2021
Growth next year for insurers but challenges around regulation, talent and sustainability, says Deloitte
Insurers are expecting more rapid growth next year, despite ongoing Covid-19 concerns, although there will be non-pandemic challenges around regulation,…
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Emerging Risks
November 23, 2021
Geneva Association report urges insurers to address future risks of growing urban centres
Insurers have been urged to proactively engage in building the resilience of urban centres to the emerging risks of growing…
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Insurance
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 23, 2021
Cyber MGAs Resilience and Corvus prepare for growth in cyber risk
Two US managing general agents – Resilience and Corvus – have separately announced targeted growth in cyber insurance as demand…
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Climate Change
November 23, 2021
Climate coalition group calls for ‘colossal’ investment in climate resilience
A “colossal” mobilisation of investment capital is needed quickly to find solutions to mitigate climate change and increase economic resilience,…
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People Moves
November 22, 2021
Chaucer appoints new head of political violence and crisis management
Harriet Sharp has been appointed as head of political violence and crisis management at Chaucer. She joined the firm in…
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Legal & Regulation
November 22, 2021
UK watchdog gives Gallagher’s Willis Re acquisition the green light
The UK’s Competition and Markets Authority (CMA) has ended its probe into A J Gallagher’s takeover of Willis Re’s treaty…
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Risk Management
November 22, 2021
Nearly a third of firms faced £1m financial crime bill last year
Nearly a third of global businesses polled for research by know your customer (KYC) and anti-money laundering (AML) experts Themis…
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Legal & Regulation
November 22, 2021
Companies threatened by rising political interference in legal systems, warns Verisk
Forty-five countries recorded an increase in political interference in their legal systems during the past five years, making things even…
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Terrorism
November 22, 2021
Pool RE CEO Enoizi to step down next year
Julian Enoizi is stepping down as CEO of the UK’s terrorism backstop and mutual Pool Re next spring, but as…
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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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Risk Management
November 22, 2021
Men ignoring health issues amid macho culture causing workplace disruption
Many men are delaying taking action on health issues at work and failing to report illness to their line manager…
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Turkey
November 22, 2021
Turkish insurance industry’s premiums set to jump 20% this year
Turkey’s insurance industry is predicted to post total premiums of TRY100bn ($9.4bn) this year, said Mr Turker Gursoy, chairman of…
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Climate Change
November 22, 2021
New Swiss underwriter set to help oil and gas on the road to net zero
A new underwriting business designed to support the oil and gas industry in its transition to a carbon-neutral future is…
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Market
November 19, 2021
Kerremans urges empathy from insurers as he predicts hard market for a few more years
Herman Kerremans, CEO of Howden Belgium, has urged insurers to show some empathy with clients at upcoming renewals, as he…