All News articles – Page 113
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NewsCOP26: Risk management “central” to climate mitigation
Insurance industry has a “unique contribution” in advancing understanding and sharing of climate-related risks - report
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NewsCOP26: International Sustainability Standards Board launches
Move represents a “major step forward in establishing consistent, comparable global reporting standards” - TCFD
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NewsDemand for supply chain insurance to rise
The global supply chain crisis has exposed the limits of business interruption insurance - DBRS Morningstar
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NewsBeazley reports GWP improvement of 29% for 2021’s Q3
Insurer Beazley has reported a 29% improvement in its gross written premium (GWP) for quarter three of 2021 – as at 30 September 2021, its GWP stood at $3,271m (£2,435m) compared to $2,534m for the same period in 2020.
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NewsHannover Re Q3 GWP 14% Combined Ratio 97.9%
Hannover Re increased its Group net income in the first nine months of the financial year by 28% and considers itself still in position to achieve the profit target set for the current financial year despite considerable major loss expenditure incurred in the third quarter.
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NewsAIG profit beats Wall St estimates on general insurance boost
AIG exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related claims.
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NewsGallagher’s net earnings up 22% in Q3 results as M&A ‘remains buoyant’
Broker Gallagher has reported that its net earnings are up by 22% in the three months to 30 September 2021, as published in its third quarter financial results released yesterday (28 October 2021).
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NewsCOP26 "must be a turning point" - UN
As the World Leaders Summit gets underway in Glasgow, WMO warns the past seven years were the hottest on record
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NewsAxa extends oil and gas exclusions in fight against climate change
Axa has extended its oil and gas exclusions to help fight climate change and support the transition towards a low carbon economy.
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NewsAllianz appoints new approved repairer network to focus on green parts and EVs
Insurer Allianz has appointed a new approved repairer network (ARN), effective today (1 November 2021), focusing on bodyshops that can fix electric vehicles (EVs), recalibrate advanced driver assistance systems (ADAS) and offer green parts.
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NewsChina – a cyber powerhouse?
It is clear that China has stepped up its cyber espionage capabilities, but what is its aim?
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NewsWillis Re takeover ‘on track’ – Gallagher
Broker Gallagher’s takeover of Willis Re is “on track”, according to its third quarter financial results published yesterday (28 October 2021).
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NewsQIC Group nine-month net profit jumps 491% to QR511m
Qatar Insurance Company (QIC), has reported a net profit of QR511m for the first nine months of this year witnessing a 491 percent rise compared to the same period in 2020.
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NewsExor and Covéa sign Memorandum of Understanding for the sale of PartnerRe for $9 billion
The acquisition of PartnerRe is fully consistent with Covéa’s long-term strategy to anticipate the evolution of the global insurance environment through international growth and through the diversification of products, risks and geographies.
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NewsGDP an “unsustainable” measure of growth
Global wealth has grown overall, but at the expense of future sustainability and by exacerbating inequalities, warns World Bank
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NewsLloyd’s joins Net Zero Insurance Alliance
Corporation has committed to transition all of its operational and attributable greenhouse gas emissions to net-zero by 2050 at the latest
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NewsLeaders from World Alliance of International Financial Centers convene in Dubai for the first time at DIFC
Arif Amiri, CEO of DIFC Authority, commented: “DIFC is delighted to be hosting the World Alliance of International Financial Centers’ Annual General Meeting. It is the first time leaders from financial centers across the globe have chosen to convene in Dubai.
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NewsLarge protests to disrupt Glasgow during COP26
While most will pass peacefully, there is the potential for mass disruption and an underlying threat of violence, warns Dragonfly
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NewsLessons in compliance from the Pandora Papers leak
The latest leak has opened up a “Pandora’s Box” of issues. How should compliance teams respond?
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NewsPing An Insurance sees 31.2% profit drop on shrinking returns, premium income
Ping An Insurance Group posted a 31.2% fall in third-quarter net profit on Wednesday as its premium income shrank on a weak economy and profit was dented by losses on investment assets.
