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Top news from the wider insurance industry, including major insurance trends, company news, and industry issues.
Willis Towers Watson has announced the acquisition of risk adviser and insurance broker Dero Courtage.
Global technology services, digital transformation and consultancy firm Capgemini has launched its inaugural World Insurtech Report.
Sompo International has announced the launch of a new unit, which will focus on the provision of advanced, innovative risk management protocols.
A new survey has found that consumers in the UAE are eager for their insurance industry to innovate.
The UK’s Chartered Insurance Institute has announced its intention to open a new office to cover the Middle East and Africa.
According to Willis Towers Watson and Oxford Analytica, rising geopolitical tensions are driving a significant increase in political risk losses.
Lloyd’s of London has reported a return to profitability in the first half of 2018, following a year of catastrophic losses.
According to Willis Towers Watson, a total of 71 insurtech transactions were completed during the second quarter of 2018, a record high.
S&P Global Ratings has suggested that destruction caused by Typhoon Mangkhut could push Hong Kong’s insurance industry into underwriting loss.
According to Willis Re, six out of 10 insurers expect to incur increased losses related to cyberattacks over the next 12 months.
Marsh & McLennan Companies (MMC), a New York, US-based risk solutions provider, has announced the acquisition of insurer Jardine Lloyd Thompson Group (JLT).