CRE Newsletter
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GRM People Moves
April 19, 2024
Markel names head of terrorism in London
Chloe Gordge has been appointed as Markel's new head of terrorism in London. Gordge will lead the day-to-day running of…
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CRE Insurance
April 19, 2024
Insurers defend Nord Stream’s €400m lawsuit as act of war
Insurers for the Nord Stream gas pipeline damaged by blasts in 2022 have denied coverage in defence of a lawsuit…
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CRE Insurance
April 19, 2024
Generali splits insurance and asset management in restructure
Italian insurer Generali is planning to revamp its insurance and asset management divisions under new CEOs as part of an…
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Cyber & Technology
April 19, 2024
AEGIS London recruits cyber underwriting team from AIG
Lloyd’s syndicate AEGIS London has hired a new cyber underwriting team. Daniel Johnson has been appointed to the role of…
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Cyber & Technology
April 19, 2024
German SMEs record rise in cyberattacks, reveals HDI poll
More than half of German buyers at small and medium-sized companies experienced a cyberattack last year, according to a survey…
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Climate Change
April 18, 2024
Climate change to cause ‘massive economic damage’
Climate change will cost the global economy $38trn every year by 2049 and cause “massive economic damage” some six times…
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Energy
April 18, 2024
Energy insurer Paratus launches brokerage division
UK-based energy insurer Paratus has established a brokerage division to focus on energy price risk insurance products in the maritime,…
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CRE People Moves
April 18, 2024
WTW names Dussuyer to lead operations in France
WTW has appointed Nick Dussuyer as managing director of its French operations and director of corporate risk and broking (CRB)…
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GRM People Moves
April 18, 2024
Allianz names global head of marine
Allianz Commercial has appointed Rich Soja as global head of marine. It is a promotion for Soja, who steps up…
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ESG Regulation
April 18, 2024
European bosses say half of supply chain will not comply with CSDDD
C-suite executives across the EU and UK expect at least half of their supply chain will not be compliant with…
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Association News
April 17, 2024
Risk management community mourns the death of former Ferma president Jorge Luzzi
International risk management association IFRIMA has announced the passing away of board member Jorge Luzzi, who was for decades a…
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CRE Insurance
April 17, 2024
Howden launches Red Sea cargo war risk coverage
Global broker Howden has launched what it claims is the first cargo war risk facility to cover vessels in the…
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CRE Insurance
April 17, 2024
Dual Europe acquires Swiss Re’s marine team
International MGA Dual Europe has bolstered its marine underwriting capability after acquiring the Genoa-based marine team from Swiss Re. Under…
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CRE People Moves
April 17, 2024
London market’s PoloWorks names CRO
Lloyd’s and London market insurance service firm PoloWorks has appointed Raphael Borrel as chief risk officer. Borrel joins PoloWorks from…
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ESG Regulation
April 17, 2024
EU brings in revised directive on energy performance of buildings
The European Council has formally adopted a revised directive on the energy performance of buildings designed to help reduce greenhouse…
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Insurance
April 17, 2024
Europe’s insurance CFOs concerned over competitive pressure and market volatility
Sluggish economic growth, financial market volatility, and competitive pressure are seen as Europe’s insurance industry’s three biggest concerns in 2024,…
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ESG
April 16, 2024
Climate campaigners take Portuguese state to appeals court
Climate action groups have launched an appeal to Portugal’s Supreme Court of Justice in the country’s first climate litigation case.…
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Spain/Portugal
April 16, 2024
Spain’s data privacy agency reports 43% rise in consumer complaints
Spain’s data privacy agency reports that complaints by consumers against companies and public entities reached a new record last year,…
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France
April 16, 2024
BHSI names new country manager for France
Berkshire Hathaway Specialty Insurance (BHSI) has extended the remit of Louis du Ché, country manager for Belgium, to include leading…
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CRE Insurance
April 16, 2024
Specialty credit insurer Convergence set for launch
Plans for a new credit insurer, Convergence, that will initially target clients in Europe and North America have been unveiled…