All News articles – Page 76
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News
Coalition completes acquisition of Attune Insurance
The acquisition of Attune creates the world’s largest commercial insurtech and positions the combined entity to capture a $100 billion+ market opportunity in the P&C insurance market.
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NewsArthur J. Gallagher/WTW (Treaty Reinsurance business) merger inquiry
The CMA is investigating the anticipated acquisition of the Treaty Reinsurance business of Willis Towers Watson by Arthur J. Gallagher & Co.
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NewsGlobal M&A on track for record-breaking year
Global acquirers are on track to record their first annual market outperformance since 2016 - Willis Towers Watson
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NewsCaptive growth surges, led by PCCs
Marsh helped clients form over 100 captives of all types around the world in 2020, almost double the usual formation rate
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NewsGlobal floods events lead 2021 nat cat tally
Extreme floods in Western Europe in mid-July have generated claims currently estimated at $11 billion
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NewsJust 30% of FTSE 100 firms are TCFD compliant
The UK government intends to make Task Force on Climate-related Financial Disclosures mandatory by 2025 - Marsh
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NewsGlobal Risk Partners completes Willis Towers Watson Northern Ireland deal
Global Risk Partners (GRP) has completed its acquisition of Willis Towers Watson’s (WTW) commercial risk and broking business in Northern Ireland. Read more…
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NewsCII chief executive Sian Fisher to step down next year
The Chartered Insurance Institute (CII) has today (1 October 2021) announced that its chief executive Sian Fisher will be stepping down next year, after serving more than six years at the helm of the professional body.
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NewsInsurtech UK inks deal with Gibraltar Finance to strengthen members’ regulatory access
Trade association Insurtech UK has signed a statement of intent with Gibraltar Finance to ensure that all 115 of its members can have improved access to the Gibraltarian regulatory market.
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NewsTelematics insurtech teams up with ex-Aviva boss Wilson
Telematics insurtech, Ticker has partnered with Mark Wilson’s insurtech, Abacai to enhance its pricing model.
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NewsKPMG warns of ‘uneven playing field’ ahead of regulator’s product governance rules
Global network for professional firms, KPMG has warned that there could be an “uneven playing field” in insurance ahead of the introduction of the FCA’s product governance rules on 1 October.
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NewsFormer bosses at Munich Re Digital and Bupa back insurtech’s £1.5m raise
Insurtech Anansi Technology has secured £1.5m seed funding led by Octopus Ventures.
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News£800 million Reinsurance Scheme officially opens to help live events
Chancellor Rishi Sunak and Culture Secretary Nadine Dorries have today opened the scheme worth over £800 million to reinsure live events against Covid-related cancellation.
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NewsGibraltar: Light touch regulator or rock steady market of the future?
The Gibraltarian insurance market has long been viewed as a territory with light touch regulation and less strict solvency requirements compared to markets such as the UK and continental Europe.
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NewsUAE: Lloyd’s broker expands office
Tysers, a Lloyd’s broker, is expanding its presence in Dubai to meet the growing demand for insurance expertise in the Middle East.
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NewsClimate crisis to fuel rapid insurance growth - sigma
Climate-related risks are expected to result in a 22% increase in global property premiums, or up to $183 billion, over the next 20 years
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NewsLloyd’s: Insurers must address emerging geopolitical risks
New report calls for innovation around insurance for geopolitical risks to address the “significant protection gap”
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NewsSustainability: Time to invest in biodiversity
Nature-based solutions can help organisations achieve greater resilience in the face of a changing climate
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NewsIda claims could reach $35 billion - RMS
Losses reflect property damage and business interruption to commercial, industrial, infrastructure and marine cargo among other classes of business
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NewsHurricane Ida devastation continues
Deadly flash floods have left a trail of further devastation, with energy and chemical sectors among those exposed to supply chain disruption
