All articles by Saxon East – Page 5
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NewsReinsurance rates for PI may rise up to 15% in new year
Growing demand for reinsurance is one cause, says Beazley
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Primary General and Rural set to cut workforce by 10%
Sister companies blame soft conditions as they launch redundancy talks with 20 employees
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Norwich Union to shrink gap between broker and direct prices
Insurer says it 'lost its way a bit' and wants to learn lessons
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NewsWoolworths collapse set to bruise trade credit insurers
Trade credit insurance companies face substantial claims after the high-street stalwart Woolworths collapsed last week.Euler Hermes said it still had policies with suppliers when Woolworths went into administration last Wednesday. Coface and Atradius, the other two big trade credit insurers, declined to comment.It was widely reported the big three had ...
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NewsLaw Society to help solicitors find PI cover next year
The Law Society is planning to help small legal firms struggling to buy professional indemnity insurance (PII).It has set up a working group to prepare for the PII renewal deadline in October next year.Small law firms have found it difficult to obtain cover this year as insurers are concerned that, ...
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News AnalysisDrama on the high seas
The hijacking of the Sirius Star – part of a surge in piracy – has focused attention on marine insurance. Saxon East finds how a move from traditional cover to kidnap and ransom policies could help calm the nerves of ship owners.
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NewsCII forced to change its mind on new name
Feedback shows that members ‘want to keep insurance in the title’.
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NewsInsurers responsible ‘at time of exposure to asbestos’, says court
Mesothelioma victims claim victory after Mr Justice Burton spurns Bolton case ruling that policies triggered only on diagnosis.
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NewsSwiss Re warning on storms
Invest in risk management to cope with fiercer hurricanes, says climate expert.
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NewsIndustry ‘needs to talk more’
CNA chief calls for better communication between claims and underwriting.
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NewsCooper Gay carries off Benfield aerospace team
Ten employees move to broker as Aon gets close to completing £900m takeover.
