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NewsManaging the risks of energy expansion – McLarens
Loss adjusters are at the forefront of managing energy claims in high-risk geographies, writes Alistar Jacob, head of London international, McLarens
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NewsWTW report: Dealmakers expect M&A rebound
HR teams risk being left behind if dealmakers’ bullishness about a wave of merger activity comes to pass, according to a new study from Willis.
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NewsSathanart joins Price Forbes as Asia head of property
Broker’s new head of Asia property was most recently part of the leadership team at Direct Asia in Thailand.
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NewsAscot names O’Hara deputy CUO for US financial lines
O’Hara joined Ascot in 2019 as senior vice president, cyber and professional liability
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NewsFerris to lead Davies captives as Frost becomes chairman
Ferris joins from BMS where he was chief executive of capital and risk advisory.
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NewsRecord earnings for ‘big four’ Continental reinsurers; discipline held amid casualty, wildfire claims
Munich Re, Swiss Re, Hannover Re and SCOR have raised their earnings targets after strong performance and €11bn of combined earnings in 2024, according to a paper from rating agency Moody’s.
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NewsAllianz Trade names Williams as new UK & Ireland CEO
Veteran exec to succeed Sarah Murrow, who moves to lead Americas region.
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NewsArch Insurance International appoints Barrett to lead cyber and health
James Barrett promoted to lead two lines at the London market insurer.
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NewsMiller announces acquisition of marine and energy focused broker AHJ
Broking acquisition of marine and energy-focused reinsurance intermediary “to significantly accelerate Miller’s reinsurance build-out”.
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NewsMenzinger new chair of Insurance Development Forum operating committee
Swiss Re’s Ivo Menzinger succeeds Rowan Douglas of Howden in the IDF operating committee chair role.
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NewsWTW: Nat cat protection gap at 60% as climate rise reaches 1.5°C
Global insured losses surpassed $140bn last year, while economic damages surpassed $350bn, according to a broker report.
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NewsGearing up for AI: Best practices of data management – Xceedance
Brandon Nuttall, chief digital and AI officer at Xceedance, explains why data management is essential if insurance innovators want to supercharge their businesses.
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NewsProtection gap panel calls for tenfold increase in crisis finance
Leaders call for tenfold Increase in proportion of international crisis finance that is pre-arranged to meet the cost of future crises.
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NewsArch expands international renewables business
Michael O’Neill becomes onshore power and renewables underwriting manager.
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NewsGallagher Re at 1/1: ‘tense’ casualty negotiations put onus on data; prop cat competition ‘responsible’
The reinsurance market is in a strong financial position at the 1/1 renewal, according to the reinsurance broker’s “1st View Report: Differentiation Rewarded” and an interview with Gallagher Re’s Chirag Shah.
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NewsGuy Carpenter on 1/1: ‘strong reinsurer appetite, excess prop cat capacity’
Non-loss-impacted property catastrophe renewals fell 5-15% risk-adjusted at 1/1, the broker said, but casualty reinsurance buyers experienced ”varying outcomes”.
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NewsMartin Reith to join Acrisure, Volante at Lloyd's
Re/insurance veteran Martin Reith joins as executive chairman of Volante, a Lloyd’s business with extensive MGA operations.
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NewsLockton Re launches Portfolio Solutions arm
Led by Jeff Fleming in New York, the reinsurance broker’s new unit will target ‘US programs and MGAs’.
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News‘Polycrisis’ presents insurers with ‘impactful’ opportunity – Axa UK & Ireland CEO
Plus, Aviva’s UKGI boss emphasises that insurers must ‘put our money where our mouths are’ when it comes to engaging on ‘collective goals’.
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NewsTwo-thirds of insurers plan to implement AI predictive models within two years – Earnix
The technology firm surveyed more than 400 global insurance executives to uncover technology and artificial intelligence (AI) trends, revealing that replacing legacy systems remains a significant challenge.
