All News articles – Page 4
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NewsOptio expands into Scandinavia with Norwegian marine MGA acquisition
Specialty MGA has bought S Insurance, a Bergen-based marine hull insurance MGA, for an undisclosed sum.
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NewsThreats to assets and people dominate crisis management landscape – WTW
Political repatriations, kidnap and malicious risk threats dominate the crisis management landscape, according to Willis.
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NewsBMS Re makes two senior London market hires
Two senior non-marine reinsurance brokers join BMS Re from rival intermediary Howden Re.
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NewsFires, hail and shifting risks in renewable energy: GCube’s McLachlan interview
GCube Underwriting’s CEO on wildfire insurance, battery storage risks, and the pricing challenges for insuring renewables.
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NewsLatAm ends 2024 with 502 insurtechs, despite challenges – MAPFRE
Insurtech funding in LatAm reached $92m last year, down 38% on the previous year, but the second half also saw a 156% rebound compared with the first half of 2024.
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NewsRobic takes regional president role at Chubb EMEA
She succeeds David Furby, who has been named executive chairman, both effective 1 April.
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NewsMunich Re appoints Hanh P&C treaty head for India & SE Asia
Hanh Nguyen will succeed Joachim Zagrosek from 1 March after serving as deputy.
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NewsThe re/insurance implications of geoeconomic fragmentation – Geneva Association webinar
The industry faces unprecedented challenges, but also opportunities, as global trade tensions rise and economies shift towards protectionism, according to an online discussion hosted by the Swiss think-tank for global re/insurance CEOs.
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NewsPrice Forbes Re hires Sherman in newly created alternative risk capital role
Joining from rival broker Aon, senior hire of Sherman Power aims to bolsters US reinsurance capabilities.
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NewsDark clouds: aviation re/insurance market update – WTW
Underlying factors offer few indications the market will harden in the first half of 2025 and early reinsurance renewals suggest direct insurers are receptive to negotiation as momentum from Q4 shows little signs of abating, according to WTW.
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NewsHowden announces Forbes Insurance and Hill Aviation broking acquisitions
Two UK aviation focused broking acquisitions for the re/insurance intermediary, both focused on the UK primary market, with firms in the North of England.
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NewsHiscox, Howden, Swiss Re and Insurance Development Forum launch $9.25m Syrian drought partnership
Re/insurance firms working together on climate risk insurance project to protect vulnerable communities from the impacts of drought in Syria.
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NewsWillis, Global Parametrics announce first parametric payout in Vietnam
Backed by the Natural Disaster Fund and in partnership with Bao Minh Insurance Corporation, the parametric product protects coffee growers affected by drought in the Southeast Asian country.
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NewsConvex enters Lloyd’s with Syndicate 1984, targets £150m GWP this year
Convex, the reinsurer led by Stephen Catlin and Paul Brand in 2018, expects to start writing business at Lloyd’s from April 2025.
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NewsBMS Re appoints Biddell to lead London P&C
Broker bolsters reinsurance leadership team with the appointment of Genna Biddell, who joins from rival Howden Re.
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NewsCyber market reaches $16.6bn – Guy Carpenter report
Pricing for cyber insurance flattened or decreased in 2023, continuing to adjust throughout 2024, according to the reinsurance broker.
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NewsSpecialty MGA Optio appoints Head as CUO
Gary Head joins from AXA where he led its schemes & delegated authority, financial lines and specialty teams.
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NewsM&A insurers anticipate rebound in deals activity – Gallagher’s Russell
Insurance products for mergers are in a soft market, with fewer deals taking place in 2023-2024, but insurers are sensing new opportunities, Gallagher Specialty’s transaction risk leader, Charles Russell, tells GR.
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NewsAXA XL partners with Save the Children in Sierra Leone with $1.2m climate resilience grant
Five-year initiative represents a major African community climate-resilience partnership, the re/insurer said.
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NewsInsurance House Appoints Abu Quora as new CEO
Abu Dhabi-based subsidiary of Finance House Group has appointed of Mohammad Alamin Abu Quora as its new chief executive with the aim “to drive strategic growth”.
