Beazley adds to financial lines team in Barcelona

Beazley adds to financial lines team in Barcelona

Beazley adds to financial lines team in Barcelona

Beazley has appointed two financial lines underwriters for continental Europe. Based in Barcelona, Francisco Alcaide joins Beazley from Hiscox where he worked in Spain as senior underwriter in the professional risks team. Mr Alcaide will launch Beazley’s e-trading platform, MyBeazley, for specialty products in Spain. Alexander van Nierop will also be based in Barcelona and joins Beazley from Aon in…

Boom or bust for risk managers when it comes to cyber

Boom or bust for risk managers when it comes to cyber

Boom or bust for risk managers when it comes to cyber

If risk managers don’t get out their comfort zones and get to grips with cyber, they face becoming redundant in the years ahead, warned experienced industry professionals at CRE’s recent Risk Frontiers event in Brussels. Speaking at a panel debate entitled ‘Risk management update – the state of the profession’, Carl Leeman, director at the International Federation of Risk and…

The insurer’s perspective–HDI Belgium

The insurer’s perspective–HDI Belgium

The insurer’s perspective–HDI Belgium

Chris Staes, managing director of HDI Global in Belgium, discusses the key topics covered in this year’s European Risk Frontiers Survey with Adrian Ladbury. Adrian Ladbury [AL]: Will the corporate insurance markets in Belgium and Luxembourg harden this year? Chris Staes [CS]: In my opinion, we should rather ask if risk transfer is fairly priced these days. Frankly speaking, and…

Belgian firms say world becoming more unstable

Belgian firms say world becoming more unstable

Belgian firms say world becoming more unstable

Some 80% of Belgian corporates believe the world is becoming increasingly unstable, according to a new poll by business magazine Trends for the Credendo Trade Forum, and 85% said the European Union should take measures to protect its businesses, up from 75% last year. At the same time, the poll by trade credit insurer Credendo found 79% believe protectionist measures…

Payment delays increase for European firms

Payment delays increase for European firms

Payment delays increase for European firms

European businesses recorded a further increase in the number of overdue invoices in 2018 with 41.8% of payments outstanding, according to trade credit insurer Atradius. The average pushed up from 40.7% in 2017 after all of 14 European countries surveyed except Germany, Ireland and the UK recorded deterioration in B2B receivables…

Miller to buy Dutch-owned London market broker Alston Gayler

Miller to buy Dutch-owned London market broker Alston Gayler

Miller to buy Dutch-owned London market broker Alston Gayler

Miller is set to buy Dutch-owned London market wholesale (re)insurance broker Alston Gayler and Co (AG) for an undisclosed fee. Miller has entered into a definitive agreement to acquire AG, which specialises in multiple lines of business and is owned by Nelson Holdings Limited. The transaction is subject to regulatory approval. The purchase will bolster Miller’s offering to clients and…

Brexit begins to change dynamics but London company market delivers 16% premium rise

Brexit begins to change dynamics but London company market delivers 16% premium rise

Brexit begins to change dynamics but London company market delivers 16% premium rise

No dominant post-Brexit hub is emerging for London company firms, as the market delivered a 16% premium jump in 2017 and its statistics begin to reflect changing dynamics bought about by the UK’s EU exit, according to a report by the International Underwriting Association (IUA)…

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