News – Page 97
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NewsSwiss Re’s iptiQ and ImmoScout24 launch digital loss of rent insurance
Swiss Re’s iptiQ is a white-label provider of property & casualty and life & health insurance. Its unique B2B2C business model, combined with the iptiQ platform, enable brands like ImmoScout24 to offer new digital insurance solutions to their customers.
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NewsSouth China port disruption could last months
Delays in Guangzhou, Yantian, Shenzhen, Shekou and Nansha are being compared to the Suez blockage
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NewsCyber fears for critical infrastructure
Attacks against Florida’s water treatment facility and Colonial Pipeline highlighted a disruptive threat - survey
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NewsChinese state-backed Sinosure opens regional office in Dubai
It has become the first Chinese insurer to operate in the Dubai International Financial Centre
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NewsFrench mutual insurer Covea is considering takeover of AXA XL reinsurance business: reports
Covéa, the French non-life insurance mutual, is interested in acquiring the reinsurance business of AXA XL, AXA Re, as part of a transaction that could be valued at 5 billion euros, according to the press.
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People & OpinionCharles Taylor hires ex-AXA XL head as group chief commercial executive
Charles Taylor has appointed former AXA XL’s head of global client management, as its new group chief commercial officer, effective from today (28 June).
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NewsHiscox reaches settlement with BI action group
Hiscox and the members of the Hiscox Action Group (HAG) have reached a settlement following the FCA Business Interruption (BI) test case appeal.
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People & OpinionMarsh appoints head of office for London-based corporate business team
The candidate started out in Marsh’s graduate scheme
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NewsCyber insurance struggling to counter online threat
Cyber insurance has failed to live up to expectations that it may act as a tool for improving organisations’ cyber security practices, finds RUSI
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NewsFrance Europe’s most complex country for business
For the UK, the conclusion of Brexit, along with new international trade agreements, brings increased clarity and stability
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NewsLondon market told to maintain pace of change post-pandemic
The London market has to drive the pace of transformation in the insurance industry after last year pressed the “alt, control, delete keys on the world”, brokers and underwriters have been told.
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NewsAfrican-Caribbean Insurance Network wins CII Public Trust Award
The African-Caribbean Insurance Network (ACIN) was awarded the Talent Attraction Initiative of the Year Award at the Chartered Insurance Institute (CII) Public Trust Awards yesterday (24 June 2021).
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NewsSwiss Re sees rising premium trend intact
The trend of rising reinsurance premiums, driven by high claims payments related to the coronavirus pandemic and a record hurricane season, is continuing as the next policy renewal round looms on July 1, Swiss Re said on Thursday.
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NewsChaucer launches their new Belt & Road Consortium at Lloyd’s
Working with China Re, Chaucer’s parent company, the consortium will provide large-scale capacity of up to US$400m for political violence related risks to companies working on China’s Belt and Road Initiative, including approved investment risks from the BRI Green Committee.
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NewsPrince Charles and global insurance industry join forces on climate change
His Royal Highness (HRH) The Prince of Wales has launched a new Sustainable Markets Initiative (SMI) Insurance Task Force partnership during his visit to Lloyd’s of London today.
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NewsSoaring insurtech investment to impact actuary work and job opportunities – IFoA
The increasing investment in the insurtech sector will have an impact on the type of work actuaries carry out and the job opportunities available, according to the latest report from the Institute and Faculty of Actuaries (IFoA).
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NewsBanks scoops windfall as reinsurer buys his broking group
Arron Banks has scooped a windfall after Arch Reinsurance revealed its plans to acquire his companies.
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NewsS.Korea’s major insurers say will stop underwriting new coal power
DB Insurance, Hyundai Marine & Fire Insurance and Hana Insurance, said they will stop underwriting coal power projects.
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NewsRegulatory scrutiny, lawsuits over SPAC transactions fuel D&O insurance sticker shock
Companies going public through a merger with a special purpose acquisition company, or SPAC, are facing skyrocketing premiums for directors and officers’ liability coverage due to the higher risk of litigation and increased regulatory scrutiny.
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NewsCyber attack volumes grow for APAC firms
89% and 82% of Australian and Singaporean cybersecurity professionals said attacks increased due to remote working
