Wijnants to join XL Catlin from Zurich as head of Benelux

Wijnants to join XL Catlin from Zurich as head of Benelux

Wijnants to join XL Catlin from Zurich as head of Benelux

Alain Wijnants has been appointed Benelux regional manager for XL Catlin’s insurance business. He will join the firm on 1 November from Zurich, where he currently serves as global head of management liability commercial. Mr Wijnants will replace Erik Hartkoren, who is retiring from XL Catlin after more than ten years of service. Manon Van der Meer – XL Catlin’s…

European heat and drought to cost agriculture sector billions, says Munich Re

European heat and drought to cost agriculture sector billions, says Munich Re

European heat and drought to cost agriculture sector billions, says Munich Re

The heatwaves, droughts and forest fires currently affecting swathes of Europe will cost the agriculture sector billions of dollars with entire harvests lost in some cases, Munich Re warns. According to the reinsurer, the grain harvest in Germany is likely to be down more than 10% on the long-term average as a result of the hot and dry weather. Total…

Threat of more lone-wolf terror attacks added to RMS models

Threat of more lone-wolf terror attacks added to RMS models

Threat of more lone-wolf terror attacks added to RMS models

An updated terror model has been developed by RMS to include new and increasing threats, such as lone-wolf terrorist attacks. RMS said it expects more lone-wolf terror plots, particularly aimed at soft targets with public access such as hotels, transport hubs and night clubs with crowds of people and limited exit routes. The new model has also refined the Terrorism…

THM names new head of European business

THM names new head of European business

THM names new head of European business

Specialist insurance and reinsurance broker THB has named Ricardo Borges as managing director of its European division in Amsterdam, following the retirement of Paul Lindeboom at the end of July. Co-managing director Joaquim Caria, who with Mr Lindeboom has led the business since 1994, will step down as executive director but will remain at THB working on special projects. Mr…

Troubled Chinese insurer Anbang to start European sales

Troubled Chinese insurer Anbang to start European sales

Troubled Chinese insurer Anbang to start European sales

Anbang Insurance Group, the Chinese insurer that was taken over by the Chinese government earlier this year and whose chairman was sentenced to 18 years for embezzlement and fundraising fraud, is reportedly exploring the sale of its Belgian insurer Fidea, according to news agency Reuters. This would be the troubled Chinese insurer’s first European divestment since it was seized by…

Ironshore’s European business moves to sister company Liberty Specialty Markets

Ironshore’s European business moves to sister company Liberty Specialty Markets

Ironshore’s European business moves to sister company Liberty Specialty Markets

Liberty Specialty Markets (LSM) will acquire the European insurance business of Ironshore Europe following a renewal rights agreement between the two companies, which are both part of Liberty Mutual. Ironshore’s European business – which includes contingency, construction, fine art and specie, liability, marine and personal accident lines – is currently written in Cologne, Zurich and Rotterdam. These offices will no…

Baker McKenzie financial services team joins DLA Piper in Belgium

Baker McKenzie financial services team joins DLA Piper in Belgium

Baker McKenzie financial services team joins DLA Piper in Belgium

A team of financial services and insurance lawyers from Baker McKenzie has joined DLA Piper in Antwerp, Belgium. Pierre Berger, former head of Baker McKenzie’s Belgium and EMEA financial services and insurance practice, will join DLA Piper as a partner. Other team members Isabelle Van Biesen, Simon Landuyt, Pauline Kustermans, Stéphanie Liebaert and Caroline Fabri are also moving to DLA…

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