CRE Newsletter
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CRE Insurance
November 17, 2021
HDI Specialty to help lead higher profit target for Talanx’s primary business
Senior management at HDI Global have no space to relax after delivering an impressive turnaround in underwriting profits during recent…
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Climate Change
November 17, 2021
Austrian minister issues Europe-wide blackout warning
The Austrian government has raised the prospect of electricity shortages this winter, as the European continent grapples with the simultaneous…
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Insurance
November 17, 2021
Specialist travel insurer Hotspot named insurance partner for TRIP
Specialist insurer Hotspot Cover has announced a new partnership to become the official insurer for members of the Travel Risk…
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Cyber & Technology
November 17, 2021
German firm Basler discloses cyberattack
German camera and lens manufacturer Basler said a cyberattack has caused “massive disruption” to the company’s IT systems, which were…
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Employee Benefits
November 17, 2021
One in five UK firms still not providing ill-health prevention measures
GRiD, the industry body for the group risk protection sector, said many firms are “missing a trick” after its new…
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UK/Ireland
November 17, 2021
AXA XL promotes Shing to head of underwriting for UK and Lloyd’s
AXA XL has promoted Olivia Shing to head of underwriting management for the UK and Lloyd’s. Shing will move to…
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Association News
November 17, 2021
Rims conference returns in 2022 with first hybrid event
US risk management association Rims will hold a hybrid annual conference next year, with the physical meeting taking place in…
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Legal & Regulation
November 17, 2021
Denmark’s ARK Law becomes 14th European member of global insurance law network
Danish firm ARK Law has joined the Global Insurance Law Connect (GILC) alliance, which aims to boost service for corporates…
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DACH
November 17, 2021
Berkshire Hathaway pushes into German exec and professional lines market
Berkshire Hathaway Specialty Insurance (BHSI) has introduced its first propriety policy wordings for German executive and professional lines buyers, with…
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Market
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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Cyber & Technology
November 16, 2021
US cybersecurity insurance market grew 29% in 2020, says NAIC report
The US cybersecurity insurance market wrote about $4.1bn in direct written premiums in 2020, an increase of 29.1% from the…
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Marine
November 16, 2021
IUMI report highlights 2020 growth for marine insurance sector but 2021 uncertain
Global marine insurance premiums for 2020 increased by 6.1% from 2019 to reach $30bn, according to the International Union of…
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People Moves
November 16, 2021
AGCS reshuffles management to support ‘pivot to growth’
Joachim Mueller, CEO of Allianz Global Corporate & Specialty (AGCS), has taken another significant step in the overhaul of the…
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Liability
November 16, 2021
Clyde & Co launches AI casualty claims platform
Global law firm Clyde & Co has launched a new platform using AI technology to speed up casualty claims and…
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Trade Credit
November 16, 2021
Atradius appoints Oliver Ford as UK country manager
Trade credit insurer Atradius has appointed Oliver Ford as country manager for the UK. Ford, who has worked at Atradius…
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Insurance
November 16, 2021
Swiss Re’s Mumenthaler takes over as chair of The Geneva Association
CEO of Swiss Re Christian Mumenthaler has been appointed as the new chairman of insurance thinktank The Geneva Association, where…
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Legal & Regulation
November 16, 2021
UK Supreme Court provides good news for corporates in Google case
Last week, the UK Supreme Court gave its judgment in Lloyd v Google LLC, a case that could have paved…
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Supply Chain
November 16, 2021
BSI delivers new tech to improve safety across UK built environment
The British Standards Institute (BSI) has launched a new digital solution to help UK builders and manufacturers trace products and…
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People Moves
November 16, 2021
WTW convinces Aon big-hitter Wegbrans to join as global head of broking
In the highest-profile move between the two companies since their botched merger, Willis Towers Watson (WTW) has convinced Aon’s Hugo…
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Climate Change
November 16, 2021
Pressure mounts on Convex as two more insurers rule out Adani’s Carmichael project
Two London insurers, in RSA Insurance and Conduit Re, have ruled out underwriting Adani’s controversial Carmichael coal project in Australia,…