All News articles – Page 3
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Peak Re launches North American subsidiary in Bermuda to expand global reach
Hong Kong-based reinsurer gains AM Best A- rating for new Bermuda casualty reinsurance platform.
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Jang appointed CEO of Gallagher Re Korea as Jeong moves to chairman role
Reinsurance broker Gallagher Re has named Chulmin Jang as its new Korea chief, succeeding PhilWon Jeong, who becomes chairman.
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Plumeri named IAP chairman and investor
Veteran broking CEO Joseph Plumeri is set to join Insurance Advisory Partners (IAP) as chairman and investor, adding heavyweight experience to the boutique advisory firm as it seeks to scale its global insurance sector footprint.
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Marine: Geopolitical tensions threaten global shipping safety gains - Allianz Commercial
Allianz report highlights rise in shadow fleet risks, US-China trade conflict, and mis-declared cargo concerns—despite record low in total ship losses.
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Cyber now the top reputational risk for global firms, WTW report finds
Corporate risk strategists increasingly view reputation as a tangible financial risk, as new WTW survey shows cyber-attacks overtaking ESG as the leading concern.
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Chaucer appoints Ray to lead renewable energy push
London market re/insurer Chaucer has appointed Jordan Ray as head of renewable energy and energy transition, as the Lloyd’s carrier looks to expand its footprint across the evolving energy market.
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Gallagher Re buys mainland Chinese broker Nongxin
Beijing broking acquisition announced, touted as underlining Gallagher Re’s commitment to Asia Pacific; terms of the deal are not disclosed.
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DWIC 2025: Unlocking growth in Central Asia’s complex, emerging markets
For Central Asian countries such as Uzbekistan and Kazakhstan, re/insurance is growing fast, but serious gaps in data and infrastructure remain.
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Open-Source Risk Modelling: Unlocking Global Access to Resilience
Open modelling is about more than individual loss events, it’s about global capacity building and risk understanding, writes Dickie Whitaker, CEO, Oasis Loss Modelling Framework.
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BMS acquires Oria to bolster Turkish expansion
London-based broker aims to strengthen its Middle East footprint with latest acquisition in Istanbul.
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MAPFRE Economics lowers global growth forecast amid tariff tensions
Trade disputes drive revised outlook as pressure mounts on US and China, says the Spanish insurer’s in-house think tank.
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Liberty Mutual Re expands parametric cover with Colombian agriculture launch
Liberty Mutual Reinsurance has launched a new parametric livestock insurance product in Colombia, aiming to protect farmers from climate-related risks and enhance the resilience of agricultural financing.
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Aon and Moody’s extend casualty collaboration to commercial risk
Aon and Moody’s Insurance Solutions have broadened their partnership to develop named-peril products addressing complex liability risk across the insurance value chain.
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DWIC 2025: Turkish re/insurance sector targets doubling market size despite macro headwinds
Turkish industry leaders speaking at the DWIC event in Dubai said disinflation and regulatory clarity may unlock fresh capacity and foreign investment.
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Supply chain fragility reshapes risk strategies as cyber and geopolitical threats escalate
Businesses worldwide are reassessing supply chain risk management in light of growing digital and geopolitical threats, with insurance solutions struggling to keep pace, according to a new report from WTW.
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Dickson and Morse join OAK Re amid post-1/1 expansion
New reinsurer OAK Reinsurance adds new hires following strong underwriting launch and Lloyd’s plan approval, the firm says.
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Vosloh named head of cyber for EMEA at Willis
Broker appointment brings decades of underwriting experience to support cyber risk clients across the region.
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Re/insurer CFOs temper profit hopes amid low growth and geopolitical strain – Moody’s
European re/insurance leaders are rethinking profitability and capital deployment in 2025, according to Moody’s, as industry concerns shift to economic stagnation, competitive intensity and global instability.
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McGavick joins mea board as chairman and strategic advisor
Re/insurance industry veteran leader and former XL chief executive to support AI platform’s insurance market growth push.
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Loss prevention: Why industry-wide collaboration is driving progress fighting fire risk on marine vehicle carriers
Building industry-wide resilience through better preparedness, collaboration, and continual evolution of safety practices is what’s needed, writes Dr William Moore, senior vice president and global head of loss prevention at The American P&I Club.