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News Agenda
Willis Towers Watson launches business aviation community group to aid sector’s risk management
A Class focuses on data analytics and risk strategy, equipping business aviation operators with data and expertise to help them analyse and mitigate risks – crucial in today’s uncertain landscape.
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News Agenda
Insurance experts rank cybercrime as top risk for 2020
Cybercrime, disruptive technology and pricing are the top three most dangerous risks, according to a new Willis Towers Watson survey of more than 100 insurance industry executives
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Fitch Ratings: Indonesia's Takaful Sector Backed by Economic Developments
Premium growth in Indonesia’s sharia insurance business will be sustained by the country’s economic development, with government support as a key driver, Fitch Ratings says.Amendment of a 2018 foreign-shareholding rule in January 2020 will make it easier for insurers to carry out a mandated spin-off of their sharia units by ...
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Ed Broking appoints London-based divisional directors
The two new starters have a combined 19 years of industry experience
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AIG hires Lloyd’s veteran Jon Hancock in senior role
He also spent 26 years at RSA in an array of senior roles including managing director UK in commercial lines
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Marsh appoints Garrett Hanrahan as Global Head of Aviation, Marsh JLT Specialty
Marsh, the world’s leading insurance broker and risk adviser, today announced the appointment of Garrett Hanrahan as Global Head of Aviation, Marsh JLT Specialty. Effective from 15 April this year, Mr. Hanrahan will succeed Simon Harker who is retiring after 44 years in the industry.
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Act now to reduce coronavirus impact, Marsh warns firms
Advice comes admid fears that the outbreak will soon be declared a pandemic
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Swiss Re takes further steps towards net-zero emissions
Swiss Re implements new guidelines on the oil and gas industry and excludes support for the most carbon-intensive companies
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Ian Hughes prepares for DWIC 2020 keynote
The Consumer Intelligence chief executive will take delegates into the future with a look at meeting the needs of the global insurance customer in 2025
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DWIC Preview: When will more clients buy cyber?
Looking ahead to the 2020 edition of the Dubai World Insurance Congress, GR asks what’s holding back the cyber insurance market from increased market penetration?
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Thomas A. Bradley to Serve as Argo Group Chairman
Argo Group announced the appointment of Thomas A. Bradley to serve as chairman of the board of directors upon the retirement of current board chairman Gary V. Woods, whose term concludes following Argo’s Annual General Meeting to be held on April 16, 2020.
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Oman Insurance reports a Net Profit of AED190.5 million for 2019
One of the best performing in 5 years
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Saudi Arabia bans insurance and re-insurance activities within the same firm
The Saudi Arabian Monetary Agency (SAMA) has prohibited combining insurance and reinsurance brokerage activities in the same company, effective immediately, it said in a statement on Thursday. The agency said it had taken the decision to increase the stability of the insurance sector, boost its contribution to national economic growth ...
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Liberty sells Russian subsidiary
US insurer Liberty Mutual has sold its Russian business, almost eight years after acquiring it
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AIG UK casualty head Browne quits for Berkshire
Hilary Browne becomes Berkshire Hathaway Specialty’s country manager for Ireland and head of casualty UK and Europe
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Munich Re appoints CEO for Singapore and SE Asia
James Park takes on the chief executive role for Southeast Asia and Singapore at Munich Re
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Global cats reach $56bn of insured losses in 2019 – Swiss Re
Secondary perils again accounted for the majority of catastrophe losses, globally
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Guy Carpenter appoints Schepens Benelux CEO
Reinsurance broker announced the appointment of Patrick Schepens as CEO of the Benelux region, effective April 2020
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Three BMS hires in its US reinsurance analytics team
Reinsurance broker BMS has hired three senior people to boost its US analytics
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MS Amlin confirms exit from domestic UK P&C classes
Product lines include corporate property, real estate, casualty and package binders