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With chairman Bruce Carnegie-Brown’s third term expiring in June 2025, the organisation needs to start laying the ground for broader changes.
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The market has undergone substantial multi-year hardening after a surge of painful loss activity.
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Large visiting contingents from Florida to the Bermuda Risk Summit highlighted ongoing concerns around cat capacity availability.
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Reclassifying expenses as underwriting or corporate costs for different reporting metrics is set to get more complex under IFRS17.
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As Adidas terminated its partnership with Kanye West following his antisemitic tweets, it projected a loss that signalled why insurers should be pushing the need for brand reputation insurance.
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New supply is entering the market after a remediation phase, but waning demand for London capacity is set to create pressure on pricing.
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Misalignment in T&Cs means the London market is now running far more PV risk net.
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The in-coming CEO must ensure a smooth transition, land the “London-out strategy” started by Brooks, and handle CPPIB’s exit.
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The French carrier has replaced Laurent Rousseau with Swiss Re’s Thierry Léger - midway through a remedial journey. Can a third CEO in two years resolve the carrier’s issues?
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Exclusions and coverage changes absolutely make sense as a goal, but some wordings have thrown up additional risks.
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The association showed strong leadership and innovative thinking to increase the number of women on its panel without sacrificing fairness.
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A harder reinsurance market will make its impacts felt throughout 2023.
Most Recent
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24 March 2023