All News articles – Page 83
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NewsBeware the catastrophe COVID clash
A major catastrophe impacting Florida, California, Texas, Missouri, or Louisiana could be complicated by COVID-19
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NewsAon and WTW call off mega merger
Brokers terminate merger agreement following “an impasse” with the US Department of Justice
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NewsAon: Nat cat losses reach $93 billion in 1H
Fatalities due to temperature extremes were the deadliest type of disaster during the first six months of 2021
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NewsHiscox’s Masojada to retire this year as ‘time is right to hand over to new leadership’
The current group chief executive will be succeeded by the insurer’s chief financial officer
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NewsLloyd’s of London names first female deputy chair
She has worked in the Lloyd’s market for 40 years
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NewsInsurers must ‘increase their knowledge and expertise’ around cyber risks
If global multiline insurers do not stay on top of cyber trends, potential claims may ‘no longer be insurable in an extreme scenario’, says insurance director
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NewsQuestGates boosts Ireland operations with double acquisition
The deals aim to bolster the firm’s ‘ambitious growth plans’ as the loss adjuster looks to ‘shake up the status quo’
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NewsBeazley bolsters GWP by 22% in first half of 2021
London market insurer Beazley has reported a 22% increase in its gross premiums written between 30 June 2020 and 30 June 2021, improving GWP from $1,663.9m last year to $2,035.3m at the end of June.
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People & OpinionPie Insurance expands its leadership team with Finance, Insurance, and Technology experts
“The expansion of our leadership team and our board is an important step toward fast-tracking Pie’s future as a leading small business insurer,” said John Swigart, co-founder and CEO of Pie Insurance.
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People & OpinionDennis Mahoney appointed as Bermuda Chairman
Following his retirement as Chairman of Aon Global, he served on the Board of Ironshore prior to its sale to Liberty Mutual.
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NewsMunich Re achieves quarterly result of around €1.1bn
In the second quarter of 2021, Munich Re’s major-loss expenditure in property-casualty reinsurance business was below average, mainly as a result of comparatively low losses from natural catastrophes.
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NewsTerrorism: Retail and hospitality at risk as lockdown lifts
Pool Re warns of potential threat to retail and hospitality sectors which represent attractive targets to terrorists
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NewsAviva unveils seven steps to protect UK homes and businesses from climate change
Aviva has called for urgent action to make sure that UK homes and businesses are protected from the impact of climate change and extreme weather in its new report.
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People & OpinionAirmic appoints easyJet director as its next chair
The new hire, who has been a member of the association for 20 years, will succeed current chair Tracey Skinner
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NewsEuropean floods hit over 70,000 properties
Total insured losses could reach €5 billion as Airmic CEO Graham says even climate scientists “were shocked”
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NewsParametric quake cover launches for Japan corporates
Seismographs are installed directly at a client’s premises to provide a faster claims pay-out process
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NewsCatastrophic floods hit Zhengzhou
The record rainfall has caused widespread disruption across Henan, home to the world’s biggest production base for iPhones
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People & OpinionStephen Young to lead IQUW’s new Bermuda operation
The new company will be led by Bermudian and seasoned executive Stephen Young, who joins IQUW as CEO of IQUW Bermuda and Global Head of Reinsurance. Young was previously CEO of Sompo International Reinsurance Group.
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People & OpinionAon confirms EMEA leadership appointments
Aon confirms three senior leadership appointments in EMEA.
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NewsReuters: Western German floods could prove pricey for insurers
German insurance industry association GDV plans to give its first estimate of the damage next week.
