All News articles – Page 118
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NewsTerror risk grows as lockdown eases
Public transport and facilities remain an attractive target for terrorists as passengers return, warns Pool Re
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NewsUS motor disruptor accepts world’s first bitcoin premium and claims
San Francisco-based disruptor Metromile has become the world’s first insurer to accept payments in bitcoin cryptocurrency.
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NewsInsurercore sets sights on US and Irish markets amid platform relaunch
Digital risk appetite directory Insurercore has set its sights on the US and Irish insurance markets after the Covid-19 lockdown helped to bolster business on its platform.
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People & OpinionZurich appoints group chief underwriting officer
Zurich Insurance Group has promoted Hayley Robinson from UK chief underwriting officer to the role of group chief underwriting officer.
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NewsAXA XL names new chief underwriting officer
AXA XL has appointed Anish Jadav as chief underwriting officer (CUO) for retail, property and casualty (P&C), UK and the Lloyd’s market.
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NewsRSA takeover set to complete by end of May
RSA has confirmed that its deal with Canadian insurer Intact Financial Group and Danish insurer Tryg will complete by the end of May, as it has now received the required regulatory approvals.
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NewsInsurer AXA halts ransomware crime reimbursement in France
In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals.
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NewsVantage Risk enters ILS Market with upsized $225 million Vista Re Cat Bond
Vista Re follows the launch of AdVantage Retro I Ltd., a collateralized reinsurer established by Vantage in December 2020 which allows investors to partner with Vantage to access selected reinsurance risks.
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NewsArthur J. Gallagher is in talks to buy Aon, Willis Assets
An agreement could be reached in the coming weeks, said the people, who asked to not be identified because the matter isn’t public. Assets in Germany, Spain, France, and the Netherlands as well as Willis Towers’ reinsurance business will be part of the package deal, the people said.
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NewsItaly’s REVO SPAC aims to raise 200 mln euros for insurance deals
Two known Italian business executives said on Monday they would list a 200 million euro ($243 million) special purpose acquisition company (SPAC) in Milan by the end of May to target opportunities in the insurance sector.
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People & OpinionJim Williamson appointed Head of Everest Reinsurance. Replaces John Doucette
Everest Re today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer will assume additional responsibilities as the Head of the Everest Reinsurance Division effective immediately.
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NewsGuy Carpenter Launches Asia Pacific Catastrophe Advisory Group
The Asia Pacific Catastrophe Advisory Group will offer clients direct access to Guy Carpenter’s extensive catastrophe expertise and capabilities, including in-house analytics experts, scientific partners and public-sector specialists.
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NewsAXA Partners and Insurance2go deal bolsters growth plans
AXA Partners has entered a new deal with mobile phone and gadget insurance provider Insurance2go, supporting its growth plans in existing brands and markets.
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NewsEd Gaze: 2020 a ‘good year’ for Lloyd’s Lab, 2021 to be ‘much of the same’
Despite Lloyd’s Lab moving online due to the Covid-19 pandemic, 2020 has had some “real successes” and 2021 will be “much of the same”.
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NewsIs this the future for Lloyd's? Digital syndicate in successful start
Ki has also developed and released its first broker API to allow brokers to integrate digitally with the syndicate’s algorithm
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People & OpinionAxis Insurance hires Thomas Uribe
The company said Mr Uribe will be responsible for broadening relationships with distribution partners, expanding general new business opportunities and the execution of underwriting strategy.
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NewsHiscox cyber study suggests complacency
German firms were hardest hit by cyber attacks and ransomware is now commonplace, with one in six firms targeted
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NewsVaccine passports and privacy pitfalls
The data in ‘vaccine passports’ is the most sensitive information many firms will have ever managed
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NewsHannover Re Q1 GWP up 16.8%
Hannover Re again posted double-digit growth in premium income in the first quarter and at the same time delivered modestly improved Group net income.
