News – Page 110
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NewsMGAs set to explore new ways to access capacity
In the hunt for capacity, some MGAs are turning to financial centres such as Guernsey and Gibraltar, adds Robus Risk Services
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NewsGoogle hires new managing director of insurance for North America
Former Deloitte partner, who has previously specialised in insurtech, joins Google - industry voices describe this as ’a very smart move’
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NewsArch Insurance International launches transport and logistics arm
The new division will be headed up by Argo Group’s former international head of marine and energy
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NewsPing An has successfully expanded into the Tech Sector
As of November 2020, Ping An owned the 9th most machine learning and artificial intelligence active patents equating to more than 3000 patents.
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NewsCOVID/Brexit dominate UK business risks
Climate change ranked as the number 13 risk faced by UK firms, with just 11% identifying it and extreme weather as one of their top five concerns
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NewsGoogle offers cloud cyber risk protection
Google Cloud partners with Munich Re and Allianz Global Corporate & Specialty to provide cloud specific cyber insurance
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NewsHybrid working model is a ‘huge opportunity’ post-pandemic – Direct Line Group’s Penny James
Direct Line Group’s chief executive says she is proud of her staff managing the stresses of lockdown while serving customers throughout the pandemic
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NewsHowden sets sail into superyacht market
As the world’s superyacht manufacturers see an increase in orders, broker Howden is to move into the sector the with acquisition of independent superyacht insurance broker Sturge Taylor and Associates (STA Group).
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News‘There’s no point looking backwards’ at industry’s BI woes says economic secretary
The economic secretary to the Treasury told online delegates that the insurance industry ‘will play a very significant role’ as the UK emerges from the coronavirus lockdown, but that it has to look to the future rather than mull on past grievances
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NewsBringing more women on board
Suzanne Sangiovese shares her thoughts on women’s risk leadership opportunities on International Women’s Day
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NewsInsurers must cater to emerging cyber risks
A panel of cyber insurance experts discussed potential risks surrounding IoT products and upcoming technologies
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NewsAllianz Risk Consulting names global head
Thierry Portevin will head up the risk consulting team, which is made up of engineers from a wide range of technical and scientific disciplines
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People & OpinionFarid Chedid appointed as Chairman and Group CEO of Ascoma
The move comes in line with Chedid Capital and ASCOMA’s acquisition deal whereby the former acquired 80% of ASCOMA’s insurance brokerage business in Africa in a deal signed on this day.
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People & OpinionThird Point Re CEO to be head of runoff at SiriusPoint
The merger is expected to close on or about this Friday, subject to the satisfaction of the closing conditions.
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NewsBermuda’s excellent insurance run-off reputation grows
Bermuda’s reputation as a place for insurance run-off excellence grew continually in 2020, a leading executive in the Bermuda office of professional services firm PwC has said.
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NewsStart-up Conduit Re ‘off to flying start’
Conduit Re is part of the “class of 2020” group of companies that have been set up in Bermuda to capitalise on rising re/insurance rates.
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NewsNew fault investigated ten years on from Christchurch
A decade on, GNS Science experts have embarked on a research project to determine the earthquake risk of a recently discovered fault in the Waikato
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NewsAviva approves €3.2bn sale of its French business
Aviva’s capital and liquidity has been strengthened with an increase in excess capital of around £2.1bn
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NewsGovernment’s plan to reverse EU Vnuk law – risky or ‘positive development’ for insurance?
With the UK government planning to scrap the Vnuk law, what does this mean for the insurance industry’s plans to cover micromobility, such as e-scooters? Insurance Times finds out
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NewsInsurance industry braces as Fire Safety Bill debated in parliament
The House of Commons today debates the Fire Safety Bill, identifying key amendments that could affect the insurance sector
