CRE Newsletter
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Climate Change
November 1, 2021
AXA extends oil and gas restrictions but criticised for not going far enough
AXA has distanced itself from oil and gas with new underwriting and investment restrictions, but campaigners say the commitments do…
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France
November 1, 2021
QBE names CNA Hardy’s Delphine Leroy as general manager in France
QBE has appointed Delphine Leroy as its new general manager for France from CNA Hardy. Leroy was head of Europe…
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Liability
November 1, 2021
Documents name Chubb as liability insurer for Baldwin movie
The production company for the Rust movie site where cinematographer Halyna Hutchins was killed and director Joel Souza wounded, had…
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Market
November 1, 2021
Gallagher sees little change in market dynamics as revenue jumps 15% in Q3
A J Gallagher doesn’t expect difficult market conditions to change anytime soon as it reported total revenue of $1.74bn for…
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Cyber & Technology
October 29, 2021
DNV and Nordic national grid operators issue cybersecurity guidelines
The national transmission operators for Finland, Norway and Sweden have partnered with Norwegian risk management provider DNV to issue new…
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Climate Change
October 29, 2021
Insurance Sweden calls on government to back green investment
The trade association for Sweden’s insurance industry has called on politicians and lawmakers to do more to promote the sustainable…
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Asia
October 29, 2021
Risk managers consider their role in sustainability challenge
The risk management sector could play a vital role in helping senior management meet their sustainability goals and obligations. However,…
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Asia
October 29, 2021
Cyber the ‘great challenge of our time’ says Marsh CEO
Despite a growing awareness of the threat of cyber risk, many companies are failing to monitor and manage their exposure,…
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Market
October 29, 2021
Aon suffers $801m Q3 loss as it coughs up for failed Willis deal
Aon fell to a third-quarter loss of $801m after paying $1.3bn in termination fees and other related costs following the…
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Market
October 29, 2021
Swiss Re Corporate Solutions continues turnaround with $425m profit and 91.1% CR
Swiss Re Corporate Solutions has delivered a profit of $425m in the first nine months of this year and a…
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Insurance
October 29, 2021
Covéa and Exor try again with $9bn deal for PartnerRe
French mutual Covéa has reignited its deal to buy Bermudan firm PartnerRe from Exor for $9bn (€7.7bn) via a newly…
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Market
October 29, 2021
Mapfre Global Risks sees nine-month profits rise and combined ratio fall
Mapfre Global Risks has recorded profits of €25.9m for the first nine months and seen its combined ratio improve to…
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GRM News & Analysis
October 29, 2021
COP 26: now’s the time
A pall of science-based pessimism, empty political rhetoric and corporate hubris hangs over the COP26 talks getting underway in Glasgow.…
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Climate Change
October 29, 2021
Activists create oil spill in Lime St over Lloyd’s’ approach to fossil fuels
Climate activists have struck at Lloyd’s again, this time as part of the Defund Climate Chaos action day taking place…
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Market
October 29, 2021
WTW posts higher revenue despite recent business disruption
Willis Towers Watson (WTW) has reported third-quarter revenue of $1.97bn, up 7% on an organic basis, as the brokerage’s top…
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Association News
October 28, 2021
Swerma announces date for Risk Forum 2022
Swerma, the Swedish risk and insurance management association, has announced that its annual risk forum will take place on 28…
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English
October 28, 2021
Swedish insurtech selected by AXA Germany
Upptec, a Scandinavian insurtech that provides automated claims valuations, has been contracted by AXA Partners Germany. The partnership is designed…
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GRM News & Analysis
October 28, 2021
US rate increases slowing in fourth quarter but rate and capacity challenges continue
The fourth quarter of 2021 shows signs of limited relief as US rate increases appear to be slowing down for…
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Asia
October 28, 2021
Businesses urged to prioritise mental wellbeing
Companies should put employee wellness at the top of their business concerns if they are to remain competitive and adapt…
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Marine
October 28, 2021
P&I members face 15% general increases and prolonged hard market, warns Gallagher
Marine P&I club members are set to face general increases of 7.5% to 15% next year to address persistently high…