All News articles – Page 140
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NewsMore than 50% of brokers have experienced a mental health issue in the last 12 months
Heavy workloads and dealing with regulation are flagged as two key causes of broker stress
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NewsAviva announces new chief executive of international position
Insurer Aviva has appointed Adam Winslow in the newly created role of chief executive of international, to oversee Aviva’s operations in continental Europe and Asia.
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NewsTakeaways from the 2020 Atlantic Hurricane season
A warming climate meant hurricanes were more intense and more property was at risk - FM Global
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NewsLilly and UnitedHealth launch trial of COVID-19 antibody
Drugmaker Eli Lilly and Co and insurer UnitedHealth Group on Friday said they have partnered to conduct a study of Lilly’s COVID-19 antibody treatment bamlanivimab in high-risk Medicare patients.
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NewsSpecial Report: Riding the Cycle
This special report, in partnership with the Dubai International Financial Centre, includes the highlights a roundtable debate hosted virtually by Global Reinsurance in October 2020 and the results of research conducted during September 2020.
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NewsContingent BI fallout presents opportunities for new products – Swiss Re
Property and casualty market head says this could be ‘a very valuable product’ moving forward
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NewsLondon market startup Inigo received launch go-ahead
New London insurance group Inigo has received approval in principle from the Corporation of Lloyd’s and will start underwriting for 2021.
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NewsAM Best places credit ratings of GIG under review with developing implications
The under review with developing implications status reflects AM Best’s uncertainty over the group’s post-acquisition risk-adjusted capitalisation, leverage and liquidity.
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People & OpinionChubb Names John Keogh President
He will continue to report to Evan G. Greenberg, Chairman and Chief Executive Officer, and his current broad companywide responsibilities remain unchanged.
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NewsReinsurer Conduit rises 5% after pricing $1.1 billion London IPO
The company sold 164.13 million shares at 500 pence per share, it said earlier in the day. By 1100 GMT, they had risen to 526 pence.
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NewsNewly launched London market broker begins trading
A new independent London market intermediary Ballantyne Brokers has begun business.
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NewsAustralia’s Westpac sells general insurance unit to Allianz for $535 million
The transaction is the latest in a series of sales of underperforming insurance assets by the country’s Big Four banks, as lenders re-focus on local core operations, after a series of scandals ramped up regulatory scrutiny on the sector.
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NewsCoal is increasingly uninsurable in 2020, but industry fails to act on oil and gas
U.S. and Asian insurers, along with Lloyd’s market, fail to act
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NewsAXA ‘very well positioned’ post-Covid as it works towards 2023 strategy
AXA has revealed that it is “well positioned” for growth post Covid-19, catering to the new insurance needs of customers and society, its chief executive Thomas Buberl said.
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NewsEIOPA must not undermine the ability of insurers to use reinsurance to manage risk
While EIOPA has acknowledged reinsurance as an effective way to mitigate risks that an insurer either cannot bear on its own or does not have the appetite to do so, insurers are concerned that the draft supervisory statement could restrict the valid use of reinsurance RMT.
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NewsAmWINS to acquire Bermuda-based International Specialty Brokers
ISBL will join AmWINS Brokerage and become AmWINS Bermuda January 1, 2021
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NewsCore Specialty announces completion of Starstone U.S. recapitalisation
Core Specialty announced today that it has completed the recapitalisation of StarStone U.S.. The recapitalisation was led by ’the investors’ - SkyKnight, Dragoneer Aquiline.
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NewsMunich Re announces profit target of €2.8bn for 2021; Profit outlook of €1.2bn for 2020
The Group expects financial consequences from COVID-19 next year as well, but on a considerably smaller scale than in 2020.
