News – Page 182
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AIRNatural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP Last year’s natural catastrophe activity set a record for the highest insured losses ever at $144bn, according to Swiss Re’s latest Sigma study. American ...
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AIRBeazley’s Horton appointed LMG chair
Horton will succeed head of Great Britain for WTW, Nicolas Aubert
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AIRLloyd’s launches Casablanca office
Lloyd’s positions itself in North Africa to access “next frontier for insurance”
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AIRCAT claims contribute to $5.5bn losses in downstream energy market – WTW
Premium income represents less than 50% of current 2017 loss total in downstream market
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NewsMaritime firms fear cyber-attack supply chain breakdowns, XL Catlin warns
Attacks on ports such as Antwerp raise concerns about cyber risk and its effects on resilience, according to specialty insurer XL Catlin
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NewsGDPR – Data mishandling could be the new PPI
The regulator’s penalties for data breaches are stiff, but a bigger problem could be an avalanche of claims from clients for data mis-handling
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NewsFlat renewals at 1.4 disappoint reinsurers – Willis Re
But “dynamic change” in M&A appetite keeps the market “lively”
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NewsCanopius makes two top-table hirers
The two new senior managers bring wealth of experience to the table
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NewsOpinion: An SOS for insurance operations
Xceedance chief executive Arun Balakrishnan offers his view on the evolution of business process outsourcing
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NewsXL Catlin becomes founding member of InsurTech Asia Association
The mechanism will help the (re)insurer to explore insurtech in the region
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NewsBermuda strives to become heart of blockchain
On the heels of the launch of the Bermuda government’s new blockchain task force, the island sets out its stool
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ViewpointsQ&A: Lynsey Cross, AmTrust International COO, on breaking norms
On International Women’s Day, we speak to AmTrust International chief operating officer and chair of the ILL’s Diversity and Inclusion Committee Lynsey Cross about affecting positive change from the top down
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NewsGreenlight Re launches innovation unit
The reinsurer states its ’placing technology and innovation at the heart of its growth strategy’
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NewsAXA deal earns XL diversified market position, says Jefferies
Bermuda firms set to gain global platform from $15.3bn deal
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News XL Catlin appoints new EMEA head of energy
Energy remains a focal point for XL Catlin, says global head of energy Huw Jones
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NewsDWIC18 - Aon Benfield’s Andersen predicts ‘hodgepodge’ future for value chain
Coverage from day one of this year’s Dubai World Insurance Congress
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NewsDWIC18 ends on optimistic note
The two-day event, co-hosted by the Dubai International Financial Centre (DIFC), saw a global delegate contingent of nearly 600 network and gain insight
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NewsDWIC18 - Insurers must cut down AI strategies to less than 12-months to avoid implementation failure
Failures created by long-term strategies represent a point of no return, warns DataRobot’s Satadru Sengupta
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NewsDWIC18 - Rise in UAE cybercrime and regulatory scrutiny will drive increase in insurance demand
But policyholders will need to watch out for wordings
