All News articles – Page 74
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NewsGallagher completes WTW treaty reinsurance operations buy
Global broker Arthur J Gallagher and Co has completed its acquisition of Willis Towers Watson’s (WTW) treaty reinsurance brokerage operations.
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NewsNew Dawn Risk warns of potential 2022 post-Covid liability crisis
Specialist insurance broker New Dawn Risk has warned of a potential post-Covid liability crisis in the medical malpractice sector in 2022, with litigation and claims around this line of business skyrocketing.
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NewsMS Amlin Underwriting hires head of sustainability and ESG
The appointment ‘signals MS Amlin’s continued commitment to investing in and building on our ESG expertise and capabilities’, says director of strategy and transformation
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NewsLloyd’s of London set to reconsider workplace strategy in 2022
The market plans to discuss its ’future leasing arrangements’ in the new year to ensure its ’workspace is in line with the market’s needs’
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NewsQBE appoints Director of Canada
Ben Hunter is currently Vice President, Head of Marine, Energy, Construction & Risk Services at Liberty Mutual Canada. He brings a wealth of experience of the Canadian insurance market to his new role, having previously held leadership roles in Travelers Canada and Chubb Insurance.
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NewsLloyd’s chairman divulges market’s road map to hit net zero
Lloyd’s of London’s chairman Bruce Carnegie-Brown has outlined the market’s road map to achieving net zero.
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NewsInsurer share prices plummet amid Covid resurgence fears
Share prices tumble as Africa and Asia come under the spotlight for Covid - analysts and investors fear lockdowns could cause more claims
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NewsAllianz’s chief operations officer steps down
Allianz Holdings has today (26 November 2021) announced that its chief operations officer Stephanie Smith is stepping down to pursue fresh opportunities.
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NewsSwiss Re and Chinese tech giant Baidu partner to advance the ecosystem of autonomous driving
Russell Higginbotham, CEO Reinsurance Asia & Regional President Asia, said: “Our partnership with Baidu is a milestone in Swiss Re’s efforts to access new risk pools and close the protection gap through Swiss Re’s risk management expertise and innovation capabilities.
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NewsGenerali enters exclusive talks to buy Credit Agricole Unit
Generali and Crédit Agricole Assurances today announced that they have entered into exclusive negotiations for the acquisition of La Médicale, Crédit Agricole Assurances’ insurance subsidiary for healthcare professionals.
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NewsThe great geopolitical repositioning
In 2022, the world will start to spin differently thanks to a new global geopolitical order
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NewsGaps remain in SME risk management
UK firms continue to worry about Brexit and identify COVID-19 or a new pandemic as top critical external risk, finds Marsh
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NewsGlobal supply chains tested "like never before"
COVID-19, cyber risk and port backlogs are among six key facets of current global supply chain strain - FM Global
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NewsAviva gearing up to launch Lloyd’s syndicate
The insurer has been undertaking a restructuring exercise at a group level, dismantling parts of its international operations under the leadership of group chief executive Amanda Blanc.
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NewsBloomberg: AIG, underwriters lean on reinsurance with prices poised to jump
AIG and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price hikes are coming.
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NewsSwiss Re: World insurance market set to exceed USD 7 trillion in premiums for the first time
Swiss Re Institute’s latest sigma study forecasts the global insurance industry to reach a new record in global premiums by mid-2022, exceeding USD 7 trillion.
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NewsIncoming Hiscox chief exec plans to build on broker relationships and boost digitisation
Hiscox group chief financial officer Aki Hussain is set to take the leadership reins from current chief executive Bronek Masojada on 1 January 2022.
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NewsBrexit continues to be a major concern for businesses – Aviva
Its latest Risk Insight Report 2021, published this week, found that 25% of businesses believe Brexit is one of the largest risks they face - company leaders ranked it as the fourth biggest risk on their agenda.
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NewsSIRC2021: Insurance industry is ‘an important partner’ for Asia’s economies – Singapore finance minister
The insurance industry is an important partner for Asia when it comes to the transition to a low carbon economy, according to Laurence Wong, minister of finance at the Monetary Authority of Singapore, the country’s central bank and financial regulatory authority.
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NewsInsurers to increase technology spend post-Covid – BlackRock
Nearly two-thirds of insurers are looking to increase their spend on technology over the next two years following accelerated digital transformation driven largely by the Covid-19 pandemic, according to research by investment management firm BlackRock.
