News – Page 89
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People & OpinionBeazley promotes new group head of strategy
Insurer Beazley has appointed Rachel Turk as its new group head of strategy - she will also join the executive committee with immediate effect.
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NewsGibraltar: Light touch regulator or rock steady market of the future?
The Gibraltarian insurance market has long been viewed as a territory with light touch regulation and less strict solvency requirements compared to markets such as the UK and continental Europe.
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NewsDale Partners receives Lloyd’s in-principle approval for MGA creation
The new entity, Dale Managing Agency, will now submit its regulatory business plan – seeking approval from the Prudential Regulation Authority (PRA) and FCA during 2022.
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NewsEx-Munich Re director joins Ticker as new chief operating officer
Motor insurance focused insurtech Ticker has hired Yannis Korgialos for its executive team, appointing him as its new chief operating officer.
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NewsZurich signs five-year capacity deal with specialist motor MGA
KGM Underwriting, part of A-Plan and Howden Group, is a UK-based specialist and niche motor MGA.
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NewsAndrew Yeoman: Internet of Things could fundamentally change how insurance works
Six years ago, it struck Andrew Yeoman that there was an opportunity to give better information to insurers and this is why he made the move into insurance.
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NewsQ2 2021 U.S. commercial insurance prices continued increasing but at a lower pace
Commercial Lines Insurance Pricing Survey 2021 Q2
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NewsInsurers ‘bullish’ about London’s future post Brexit
Technology and automation are ‘top strategic’ priorities but more complex regulations remain a challenge
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NewsEnergy underwriters must embrace decarbonisation
Insurers should view the transition to net zero as an opportunity to be proactive - IUMI
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NewsThe ART of renewals
Alternative risk transfer and parametric solutions can offer more than just relief from a hard market
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NewsIda highlights impact of inland flooding
Record heat and drought conditions prompt extreme wildfire activity around the globe, according to Aon catastrophe report
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NewsLloyd’s Market Association boosts board by six
Each new hire brings expertise across a broad range of disciplines such as digital trading, underwriting leadership, strategy, corporate development, data analysis and syndicate management.
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NewsUK executives most concerned about technology disruption risks in 2021 – Beazley
Specialist insurer Beazley has revealed the UK is more concerned about technology disruption risk than the US.
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NewsConcirrus unveils new IoT platform for commercial insurance market
Insurtech, Concirrus has launched a new Internet of Things (IoT) platform for the commercial insurance market.
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NewsMarkel opens Paris branch to support SMEs in the French market
Markel Corporation has opened a new branch office in Paris to support SMEs in the French market.
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NewsLloyd’s of London ‘won’t tolerate loss-making syndicates’
Lloyd’s of London has revealed that 15% of its syndicates are currently underperforming, according to the market’s chief financial officer Burkhard Keese.
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NewsLloyd’s bounces back from 2020 loss with £1.4bn profit before tax for H1 2021
Lloyd’s of London has bounced back from last year’s Covid-induced losses, reporting an aggregated profit before tax of £1.4bn for the first half of 2021, compared to a loss of £0.4bn in H1 of 2020.
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NewsDavies set to buy Lloyd’s managing agent
Claims organisation Davies has today (8 September 2021) announced the acquisition of third party Lloyd’s managing agency Asta, subject to regulatory approval.
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NewsClimate crisis to fuel rapid insurance growth - sigma
Climate-related risks are expected to result in a 22% increase in global property premiums, or up to $183 billion, over the next 20 years
