All 2021 articles
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News
Howden Group boosts revenue by 48% in 2021 thanks to organic growth uptick
In 2020, the broking group’s revenue amounted to £777m. The improved 2021 figure was “anchored” by organic growth of 19%, the firm said, up from 6% in the previous year.
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Global commercial insurance prices up 15% in Q3 2021 - Marsh
Global commercial insurance prices climbed 15% in the third quarter of 2021, according to the Global Insurance Market Index released by Marsh today (26 October 2021).
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News
Insurtech investment surpasses $10bn in Q3 – Willis Towers Watson
Insurtech investment surpassed $10bn in the third quarter of 2021 according to Willis Towers Watson’s (WTW) latest Quarterly Insurtech Briefing published today (27 October 2021).
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Chinese insurers endure costliest-ever nat cat
The total economic cost of flooding in China in July has been estimated at nearly $25 billion - Impact Forecasting
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Haiti earthquake caused $250mn of insured losses, says KCC
However, with insurable, or economic, losses estimated at around $1.7 billion, only around 14.7% of the overall cost of the quake will be covered by insurance, KCC says, highlighting the extent of the protection gap in the country.
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Aon: Nat cat losses reach $93 billion in 1H
Fatalities due to temperature extremes were the deadliest type of disaster during the first six months of 2021
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Beazley bolsters GWP by 22% in first half of 2021
London market insurer Beazley has reported a 22% increase in its gross premiums written between 30 June 2020 and 30 June 2021, improving GWP from $1,663.9m last year to $2,035.3m at the end of June.
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Japan stands firm on Tokyo Olympics schedule, denies report of cancellation
A government spokesman said there was “no truth” to a report in the Times newspaper that the government had privately concluded the Games would have to be cancelled because of the virus.
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Reuters: Trump’s legacy: A more divided America, a more unsettled world
A major part of his legacy when he departs the White House on Wednesday is likely to be Americans more politically and culturally estranged from each other than they were when he took office.
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Travel insurance sector set to face more upheaval in 2021 warns IPP boss
The uncertainty that has accompanied the Covid-19 pandemic has put the travel industry into a huge amount of debt, and it could get a lot worse
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E+S Rück expects rising prices and improved conditions in 2021 for P&C reinsurance in Germany
E+S Rückversicherung AG – the Hannover Re subsidiary responsible for the Group’s German business – expects rising prices and improved conditions overall for the coming year in property and casualty reinsurance on the German market. Demand for reinsurance coverage from financially robust providers will continue to grow against the backdrop ...