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Aon taps Willis’ long-serving exec for Nordics leadership role
Insurance
Aon taps Willis’ long-serving exec for Nordics leadership role
The executive will join the firm in the fourth quarter of 2022.   15 October 2021
Willis looks to ‘re-define facultative broking’ with Lloyd’s hire
Insurance
Willis looks to ‘re-define facultative broking’ with Lloyd’s hire
The new hire has held various roles at RenRe, Canopius, ACE Global Markets and Marsh.   15 October 2021
Rokstone construction unit partners with R&Q on new offering
Insurance
Rokstone construction unit partners with R&Q on new offering
It has launched a $5m Following Form Lead Excess insurance programme.   14 October 2021
Insurance
Everest Re to bear $635m Q3 hit due to Ida and Europe floods
The company’s reinsurance unit will bear the main burden of the losses.   14 October 2021
Insurance
Digital P&C market in Southeast Asia could reach $7.5bn in 5 years
That was one of the findings of a survey by Swiss Re Institute.   14 October 2021
Insurance
Insurtech At-Bay closes funding extension; firm now valued at $1.3bn
The extension with investor ION Crossover Partners brings the Series D round to $205m.   14 October 2021
Insurance
UK arm of run-off specialist Marco Capital takes on ‘The Gibbon Pool’
The deal with Allianz transfers the remaining risks in Allianz Suisse’s UK Branch.   14 October 2021
Insurance
Hannover Re to assess carbon footprint of cedants as it targets net zero emissions
It will take a proactive role to determine the greenhouse gas emissions of customer portfolios.   13 October 2021
Insurance
Silent no more: how underwriters can better grasp the risks and rewards of cyber business
The COVID-19 pandemic triggered an unprecedented increase in cyber crime which, in turn, caused insured losses from cyber to skyrocket. In tandem with this, demand for cyber insurance protection, partly driven by surging ransomware demands, is seeing exponential growth.   13 October 2021
Insurance
Arch reveals up to $345m Q3 cat hit; increases share buyback to $1.5bn
About two-thirds of the losses relate to its reinsurance business.   12 October 2021

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