News – Page 78
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NewsInsolvencies, ESG and cyber are key risks for D&Os in 2022
Risk managers and their D&O insurers should also closely monitor potential exposures to US derivative actions, warns AGCS
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NewsClaims from deadly tornados to reach $3 billion
The insured loss estimate from KCC includes damage to residential, commercial and industrial properties
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NewsSwiss 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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NewsReuters Exclusive: Canada’s CPP Investments seeks to sell insurance groups in strategy U-turn - sources
Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic U-turn for the fund in the face of intense competition, people familiar with the matter said on Wednesday.
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NewsOmicron 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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NewsInsurance tycoon wants ban on ‘disgusting’ Bitcoin
Insurance and conglomerate tycoon Charlie Munger, the billionaire partner of legendary investor Warren Buffet, wants a ban on Bitcoin.
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NewsAllianz boosts D&O offering
The insurer has boosted its D&O offering after legislation and regulation tops business concerns
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NewsBain Capital’s takeover of LV= off the cards after member vote
The proposed £530m sale of life and pensions business LV= to American private equity firm Bain Capital is now off the cards after mutual members voting in support of the deal fell below the required 75% threshold.
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NewsInsurers set for ‘bumpy ride’ as GI premiums set to slow in 2022 - EY
Car manufacturers have faced supply chain bottlenecks, which has impacted insurance
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NewsKay 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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NewsCyber 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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NewsCyber: 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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NewsShould 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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NewsMarsh 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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NewsTurbulence after lift-off: global economic and insurance market outlook 2022/23
The world economy is making a strong cyclical recovery from the COVID-19 pandemic, but it is not a smooth one.
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NewsBriefing: Cracking the difficult US market for insurance
HomeServe is showing the difficult US market can be cracked. Other large UK insurance firms have struggled to make an impact though. Why is this?
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NewsAon 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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NewsConstruction boom brings opportunity and emerging risks
The switch to more sustainable buildings and infrastructure and adoption of modern building methods will transform the risk landscape, finds AGCS
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NewsUK terror threat level raised to severe
Following two incidents over the past month there is concern mass gatherings could be targeted
