All News articles
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NewsHurricane Ian to bring ‘near record’ insurance losses
Ian will leave insurers with their largest loss since Hurricanes Harvey, Irma and Maria in 2017, says GlobalData
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Canopius taps WTW for head of sustainability
Adhiraj Maitra will be responsible for Canopius Group’s ESG position worldwide
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QIC Global adopts Antares name and brand
QIC Global is part of the QIC Group, which is the largest insurance company in the Middle East
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Gallagher Re names David Bangs head of APAC
Most recently, Bangs was Head of Japan for Axis Re, having spent 15 years in Asia
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Optio establishes MGA and reinsurance broker in Dubai
Dr Ahmed Ramadan and Moayyad Abu Hayyeh join as CEO and CUO, A&H, from Besso Re
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Tipping towards disaster
In this ever-more destabilised world, the post-Cold War rules no longer apply, explains Dragonfly’s Henry Wilkinson
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Hurricane Ian barrels across the Florida peninsula
Two million people are without power after the 5th most powerful storm in US history slammed into the southwest Florida coast
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Hurricane Ian will 'test' Florida reinsurance program - AM Best
Ian could add to the capital pressure faced by ’thinly capitalised’ insurers and see reinsurance rates harden further
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Ian: NHC warns of 18 feet storm surge
Hurricane Ian is set to make landfall in southwest Florida as a category 4 storm with windspeeds up to 155mph
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Hurricane Ian close to Cat 5 in strength - RMS
NHC has Ian making landfall as a category 4 major hurricane near Port Charlotte shortly after 2pm local time
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Hurricane Ian bears down on Cape Coral, Fort Myers
The storm is on track to intensify to an intense category 4 hurricane before making landfall later today
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Hurricane Ian slams into Cuba; gains intensity
Industry losses ranging between $15 billion and $35 billion are an increasing possibility - Guy Carpenter
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Hurricane Ian takes aim at Florida
Current forecasts show the storm skirting the west coast of Cuba before intensifying as it crosses the Gulf of Mexico
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Marsh McLennan’s Dan Glaser to step down
Marsh McLennan announces John Doyle will succeed Glaser as president and CEO when he retires at year end
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Extent of Fiona-related losses depends on grid restoration
Hurricane losses in Puerto Rico and the Dominican Republic will be influenced by duration of BI due to power losses - AM Best
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Eiopa urges scrutiny of systemic risk exclusions
Carriers should pay particular attention to traditional war and terrorism exclusions that may cause ambiguity
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Aeolus and SUNY collaborate on hurricane prediction
The research will look at the medium-term time forecast horizon, using machine learning techniques
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Fidelis introduces new fossil fuel restrictions
Pledges are in line with Fidelis’ recently made pledges as a member of the Net-Zero Insurance Alliance
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Marsh clients can use carbon credits in lieu of broker fees
Program (in partnership with Bank of America) provides ‘another incentive’ for clients to invest in carbon removal
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UK regulations have ‘suffocated’ London’s competitive edge
The news comes as Prime Minister Liz Truss is set to announce sweeping reforms to the financial services industry
