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Howden to cement strategic partnership with Steadfast & with Australian retail broking launch
Howden in Australia will join Steadfast’s network - Australia’s largest general insurance platform - to leverage its scale, strength and access.
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Reuters: Zurich Insurance stresses compliance, declines comment on Nord Stream 2
Zurich Insurance Group emphasised its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2 gas pipeline project.
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Service to measure cyber ‘human error’ risk
The Workforce Cyber Culture Assessment assesses people risk and the impact of business culture in a cyber context
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AXA XL appoints Central US Zonal Marine Product Leader
AXA XL’s US marine team announced the addition of Brett Musser as the Central US Zonal Marine Product Leader
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Allianz begins eight-year worldwide Olympic & Paralympic partnership
Allianz has officially begun its eight-year worldwide partnership with the Olympic Paralympic Movements, building on a collaboration with the Paralympic Movement since 2006.
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Gallagher buys Bollington Wilson
International broking firm Gallagher has kicked off the first major M A activity of the year
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New Dawn Risk’s UK division to serve ‘clear demand’ for big broker alternatives
During these challenging times, there has been a demand in the UK market for alternatives to big brokers that still have the expertise to help businesses
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Trust in travel insurers drops due to Covid-19 pandemic
Meanwhile motor claims reduced by 48% in Q2 2020
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Commission cuts are too hard to absorb for UAE’s insurance brokers
This might be good for the insured person and beneficiaries, but could force most brokers to go out of business.
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Canopius Re gains Class 4 Licence
anopius Re’s status as a Class 4 company will considerably add to Canopius’s Bermuda operations
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Tech investors eye Africa's education and financial sectors
Governments on the continent should instead be offering incentives for tech start-ups, Abass said, due to their potential to drive up traditional businesses like insurance.
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Aon launches fuel price insurance product for shipping and aviation industries
Aon has announced the launch of its new fuel insurance solution, designed to help companies protect against rising fuel costs.
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Aon to invest $30 Million and create 10,000 apprenticeships nationwide by 2030 [US]
Aon launched its apprenticeship programme in 2012 in the UK and in 2017 in the United States, training more than 290 apprentices globally.
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2020 warmest year on record for Europe
The Northern Hemisphere experienced above average temperatures and an unusually active wildfire season
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Pen Underwriting extends 30 year partnership with Zurich in new specialist fleet capacity deal
Pen Underwriting and Zurich Insurance UK have announced a new long-term UK capacity deal in the highly specialist area of hazardous industries and tanker transportation.
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Nassau Financial Group announces $100 Million strategic investment from Wilton Re and Stone Point Credit
Nassau intends to use the new capital to execute on its organic growth plans across its insurance and asset management businesses as well as to support strategic acquisitions.
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Qatar insurance sector stands to gain from tourism, realty boost: S&P
’The restoration of ties between Qatar and the four Arab countries previously boycotting the country will improve political and economic co-operation within the GCC region,” the credit rating agency said.
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QBE hikes catastrophe allowance by 24% after extreme weather
Premiums could rise after insurer QBE increased its allowance for catastrophic weather claims by almost a quarter following a year of unprecedented weather events in Australia and the United States.
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Norway Landslide Insurance Bill Tops $100 Million
Insurance companies face costs of at least 900 million Norwegian kroner ($107 million) following the tragic landslide in Eastern Norway that is believed to have claimed ten lives.