All News articles
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NewsReuters: U.S. insurers must cover eight at-home COVID tests per person monthly - White House
Insurance companies will be required to cover eight over-the-counter at-home coronavirus tests per person each month starting Saturday, the Biden administration said, expanding access to highly sought-after kits as Americans grapple with a surge in coronavirus cases. The White House also said on Monday that there is no limit to ...
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Munich Re: Hurricanes, cold waves, tornadoes: Weather disasters in USA dominate natural disaster losses in 2021
Worldwide, natural disasters caused substantially higher losses in 2021 than in the two previous years. Based on provisional data, storms, floods, wildfires and earthquakes destroyed assets worth US$ 280bn.
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Climate crisis is ‘biggest long-term threat facing humanity’
Worries around climate change and the associated risks dominate global concerns, according to the latest report by international non-governmental and lobbying organisation the World Economic Forum (WEF).
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WEF Report: Climate inaction dominates global concerns
Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on
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D&O rates in the UK ‘are not out of the woods yet’ – Gallagher
Despite supply challenges surrounding D&O insurance, increased awareness of ESG factors could encourage more entrants to this market, reports broker
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CII’s Society of Insurance Broking to focus on attracting fresh talent to sector in 2022
Kevin Hancock, SIB’s chair and Yutree Insurance’s managing director, said: “We must do more to make insurance a more accessible degree course and to increase the availability and awareness of insurance apprenticeships, which are both excellent routes into our profession.
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Tractable chosen as US-based insurtech’s AI partner
US insurtech Root Insurance has chosen artificial intelligence (AI) company Tractable to help it streamline and develop its claims operations.
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China port restrictions spells further supply chain disruption
A week’s delay of essential trade at Ningbo could impact $4 billion worth trade, warns Russell Group
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Ransomware will continue to evolve in 2022
After a year of unprecedented ransomware attacks, Beazley’s Raf Sanchez warns the worst is yet to come
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Nick King joins Miller to lead Marine expansion in Singapore
King joins from Howden Specialty Asia Pacific where he was most recently a Divisional Director. Prior to that he held positions at JLT Re and Aon Singapore.
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Brit appoints chief technology officer from Swiss Re insurtech startup
(Re)insurance business Brit has appointed Bilge Mert as its new chief technology officer, to help the firm deliver a data driven and technology empowered platform for underwriting, claims and operations.
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Tarian Underwriting sold to US cyber insurtech
Insurance investor Beat Capital Partners (Beat) has today (4 January 2022) announced the sale of cyber insurance specialist Tarian Underwriting to artificial intelligence driven commercial insurance provider Corvus Insurance.
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D&O risks in 2022 defined by COVID and diversity
Brokers have flagged emerging D&O risks, including COVID liabilities and ESG considerations
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Ardonagh to buy ‘perfect match’ Lloyd’s broker
Ardonagh has found the ‘perfect match’ with the acquisition of Portuguese Lloyd’s broker MDS. The Porto-based broker also has offices in Angola, Mozambique, Spain, and Malta.
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Pandemic triggers explosion of digital insurance customers - research
Research from SAS revealed that around eight million people started using a digital service or mobile app for the first time due to the pandemic.
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Lloyd’s honours architect of iconic building
Lloyd’s has honoured building architect Richard Rogers, 88, who died recently.
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The Royal Gazette: Lloyd’s boss says no need to fear global tax deal
Bermudians need not fear the future for its insurance markets in the face of the global tax initiative, said the man heading the transformation of Lloyd’s of London.
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SCOR supports a zero-emission future for the shipping industry
SCOR has become a founding signatory of the Poseidon Principles for Marine Insurance, a new framework that aligns insurers’ underwriting portfolios with the goal of decarbonizing international shipping by 2050.
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Swiss Re appoints new Group Chief Digital & Technology Officer
Swiss Re announced today the appointment of Pravina Ladva as Group Chief Digital & Technology Officer and member of the Group Executive Committee, effective 1 January 2022. Group Chief Operating Officer Anette Bronder will leave the company, and Group Operations will be reorganised.
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Specialist Risk Group launches new MGA
Specialist Risk Group (SRG) has today (14 December 2021) launched a new MGA, MX Underwriting, fulfilling “a major goal” within SRG’s growth plans.
