All News articles – Page 4
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APAC faces heightened geopolitical risk
The Asia Pacific region will probably be the most geopolitically charged region going into 2022, warns Dragonfly
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Swiss Re agrees to sell elipsLife to Swiss Life International and to enter into a long-term partnership supported by reinsurance
Swiss Re announced today that it has agreed to sell its life insurance subsidiary Elips Life AG (“elipsLife“) to Swiss Life International and to enter into a long-term reinsurance partnership for elipsLife’s in-force and new business.
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Omicron variant hits business sentiment
Half of the respondents report that their business is currently being affected by the supply-chain crisis - Oxford Economics
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Kay International AMEA expands its operations to US to serve Latin America & Caribbean region
Kay International AMEA LLC has initiated business activities from its new office in Miami, Florida, after receiving its regulatory approval from the Florida Department of Financial Services to operate as a Reinsurance Underwriting Agency and Reinsurance Intermediary.
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Cyber captives to take off in 2022
As the cyber market continues to harden, buyers will seek alternative risk transfer solutions, predicts New Dawn Risk
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Cyber: Time for zero trust
The corporate world’s approach to cyber security is undergoing a complete rethink, explains ethical hacker Rik Ferguson
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Should insurers lead the climate march?
If the politicians won’t go to battle against climate change, maybe insurers have the power to drive behavioural change
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Marsh appoints UK and Ireland boss for international placement business
Broker Marsh has promoted Justine Mayhew to chief executive for UK and Ireland of Bowring Marsh, its international placement business, effective from 1 January 2022.
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Aon launches Saudi reinsurance arm
Aon has established a new reinsurance broking division in Saudi Arabia after securing a licence from the country’s central bank.
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The next wave of climate litigation
Nigel Brook explains why climate litigation risk needs to be on every corporate risk manager’s radar
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Zurich initiative to help flood victims ‘build back better’
The insurer aims to help customers that are victims of repeated flooding by setting out a formal process for loss adjusters to follow
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AXA XL Partners with Cambridge Centre for Risk Studies to Launch Online Disaster Recovery Hub
A new online Disaster Recovery Hub comprised of more than 100 major disaster case studies, and covering different events in different locations, has been launched by the Cambridge Centre for Risk Studies at Cambridge Judge Business School in partnership with AXA XL to help with such guidance.
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Aon Appoints Jillian Slyfield as Chief Innovation Officer
Aon today announced the appointment of Jillian Slyfield as the firm’s Chief Innovation Officer, effective Dec. 1, 2021. Slyfield, who is based in San Francisco, will report to Aon CEO Greg Case and join the Aon Executive Committee, which is responsible for executing on the firm’s Aon United Blueprint.
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Aviva’s head of cyber insurance set to join Lloyd’s
Insurer Aviva’s current head of cyber insurance Neil Arklie has announced that he will be leaving the business to join Lloyd’s of London, effective January 2022.
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Marsh McLennan conducts executive committee reshuffle
Professional services firm Marsh McLennan has reshuffled its executive committee, confirming that John Doyle – the firm’s current president and chief executive of Marsh – has been promoted to group president and chief operating officer of Marsh McLennan.
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CMA halts investigation into Gallagher’s purchase of WTW’s treaty reinsurance broking business
The UK’s competition watchdog, the Competition and Markets Authority (CMA), has today (22 November 2021) approved Arthur J Gallagher’s planned acquisition of Willis Towers Watson’s (WTW) treaty reinsurance business.
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DIFC Insurance community expands with Gen Re establishing Middle East presence in the centre
Second insurer owned by Berkshire Hathaway Inc. to expand its presence in the region; strengthens DIFC’s position as a centre of excellence for insurance and reinsurance locally and globally
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GIC Re witnesses over four-fold jump in net profit to Rs 1,010 crore
General Insurance Corporation of India (GIC Re) on Wednesday reported an over four-fold jump in its net profit to Rs 1,010.55 crore for the quarter ended September 30.
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Over two-thirds of UK workers ready to quit
The “Great Resignation” is here and job loyalty is a thing of the past as pandemic burnout begins to bite, finds Randstad UK
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The cost of a sustainable supply chain
How sustainability initiatives within the full lifecycle of goods and services benefits the bottom line and enhances reputations