Russia-Ukraine Conflict – Page 4
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NewsUK cyber rates increased by more than 30% in 2022’s Q1 – Aon
Underwriting cyber risks remains ‘time consuming and demanding’, according to the broker
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NewsAndrew Marr: ‘Levelling up is not happening’ and risks remain
The broadcaster predicts that the UK government’s levelling up strategy will be the biggest item on its agenda this year
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NewsEU officials propose new ban on ships carrying Russian oil
Oil and gas revenues accounted for nearly half of Russia’s federal government budget last year
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NewsRussia-Ukraine conflict sees Beazley predict £41m plunge
The insurer’s chief executive, however, ‘remains confident’ in its combined ratio guidance for 2022
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NewsAxa’s property and casualty revenue up 2% despite ongoing Russia-Ukraine tensions
The group’s chief financial officer says it has stopped writing all new insurance business for Russia
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AnalysisBriefing: Stable it may be, but London needs real modernisation momentum
Frictional costs in the capital are still too high, despite credit rating agency listing market positives
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NewsWTW suffers $138m financial hit on Russian business exit
The broker saw a 3% dip in its revenue compared to the same period last year as a result
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NewsLloyd’s of London faces legal battle after Putin ‘swipes’ 500 planes
In March, the Treasury banned UK insurers and reinsurers from serving Russian firms
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NewsGallagher reports 14% UK organic growth for Q1 2022
The broker estimates sanctions and its compliance with them will adversely impact its full year 2022 brokerage segment annual revenues by up to $10m
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NewsGovernment proposals to scrap annual MOTs could see increase in ‘unroadworthy vehicles’
Although the proposed change could save £55 a year, this could lead to more unsafe cars on the road which could subsequently increase insurance premiums
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NewsUK cyber insurance pricing up by 102% – Marsh
The Russia-Ukraine war has put pressure on the insurance market
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NewsBusinesses caught in cyber crossfire of Russia-Ukraine conflict cannot rely on insurance for protection – Databarracks
Businesses should focus on their resilience to cyber attacks as acts of war are excluded from cyber insurance cover
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NewsCredit ratings agency retains stable outlook for London market
Market trends are expected to exert a ’neutral influence’ on London market firms
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NewsSMEs must ‘step up’ cyber security game amid Ukraine-Russia war – Aviva
Brokers have a key role to play in educating customers on cyber risk and resilience
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NewsAIG looking to cut ties with Russia and Ukraine
The insurer is looking to minimise risk as the conflict continues
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AnalysisBackchat April 2022
Emergency EV charging, a chief executive fashionista of high heels and more insurtech-born babies. What has the insurance industry been up to of late? You heard it here first…
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AnalysisOngoing Russia-Ukraine sanctions create fallout for trade credit insurers
Businesses seeking trade credit insurance may find cover unavailable as insurers decline risks in this market at short notice
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AnalysisBriefing: Russia-Ukraine insured losses deemed ‘manageable’ – but how long for?
Investment bank predicts that conflict losses will be ‘manageable’, yet insurer boss believes flexibility will remain central for keeping abreast of unfolding situation
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NewsLloyd's of London assembles committee to discuss Russia-Ukraine ramifications
Lloyd’s has assembled a gold and silver team to help it deal with the ongoing conflict between Russia and Ukraine
