All News articles – Page 7
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Blog: FERMA Conference 2021 Daily News Summary
Stay tuned - live reporting from the FERMA Conference this week
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London’s finance district, steeped in slavery, confronts its past
The financial district’s municipal authority will this week discuss a report that recommends retaining monuments of twice Lord Mayor William Beckford and merchant John Cass, both of whom made fortunes off slavery, with “explanatory plaques or notices” placed next to them. The report says over 2,000 responses to two consultations ...
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Chaucer appoints Xamira Groves as new Head of Insurance
Specialty (re)insurance group, Chaucer, has appointed Xamira Groves as its new Head of Insurance. Groves will oversee the delivery of strategy and portfolio management across all general insurance lines and underwriting entities.
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StrategicRISK Blog: Airmic Conference 2021 Daily News Summary
Stay tuned - live reporting from the Airmic Conference this week from our sister title StrategicRISK
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Howden's 'DUAL Group' announces its expansion into Latin America
The acquisition of Dock Re, in Mexico, and launch of an office in Brazil bring DUAL’s underwriting expertise to carriers and brokers across Latin America
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Oman Insurance Company receives “in principle” approval for first Lloyd’s SIAB in the GCC
Andrew Woodward, regional head of Lloyd’s Dubai said: “We have enjoyed working closely with the OIC team to deliver this exceptional result and we are proud to have the first SIAB in this region.”
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Willis Re launches flood model for MENA region
Currently, the model covers Morocco, the United Arab Emirates, and the Kingdom of Saudi Arabia, with further releases for Oman, Qatar, and Egypt in the third and fourth quarters of 2021.
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BMS Re launches operations in Brazil
BMS Re has announced the establishment of BMS Brasil Corretora de Resseguros Ltda (“BMS Re Brazil”), headquartered in Sao Paulo.
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Special report: Climate change
Growing climate extremes are increasing our exposure to secondary perils
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AXA XL appoints head of climate
Andy MacFarlane takes on the newly-created role of head of climate at the global insurer
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Abandoned cargo presents growing risk
Supply chain congestion and widespread delays in the international container trade is set to continue - TT Club
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Insurance and construction industry must join forces to combat evolving risks – Marsh
The construction and insurance industry must work together to ensure changing risk profiles are managed appropriately, according to Marsh’s latest report.
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London Market Group confirms permanent chief executive
The board of market-wide trade body the London Market Group (LMG) has confirmed Caroline Wagstaff as its permanent chief executive.
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Insurers brace for claims as CO2 shortage hits meat, beer and fizzy drinks supply chain
Insurers could be bracing for claims due to the soaring price of carbon dioxide (CO2) that has subsequently impacts the production and supply chain for meat, beer and fizzy drinks.
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Bloomberg: Allianz SE working to offload a large block of U.S. life portfolio
Allianz SE is working to offload a large block of U.S. life insurance policies in a move that could free up several billion dollars in capital, people with knowledge of the matter said. Europe’s largest insurer is discussing a potential reinsurance deal for a portfolio with tens of billions ...
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Beazley appoints industry veteran as Chief Underwriting Officer
Beazley has appointed Bob Quane as its new CUO
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Panic buying risks return to UK
A lack of HGV drivers and increase in wholesale global gas prices is a concern for businesses and energy suppliers
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Abandoned cargo presents growing risk
Supply chain congestion and widespread delays in the international container trade is set to continue - TT Club
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Climate-crisis in an era of comply or explain
With unstoppable momentum towards zero carbon, how can risk professionals identify key risks and opportunities?
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JBA and Reinsurance Solutions join forces to support African insurers for flood risk management
Nikki Pilgrim, Technical Director at JBA, explains: “The launch last year of our global flood modelling capability, driven by JBA’s FLY Technology, was a breakthrough opportunity that has allowed JBA and our clients to fill geographic gaps in traditional modelling.