Europe
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EU Parliament adopts directive to stop environmental and human abuse
The European Parliament has adopted its position for negotiations with member states on rules to integrate human rights and environmental…
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Portuguese risk managers question value of cyber cover
The hard cyber insurance market has become such a big issue that companies must ask themselves whether it is really…
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Cyber losses from 1-in-200-year event could reach $33.4bn, says Guy Carpenter
A one-in-200-year cyber loss could cost the insurance industry between $15.6bn and $33.4bn but would manageable for the market, according…
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M&A appetite returning despite concern over regulatory risks
Appetite for M&A looks set to rebound this year despite fears over stricter regulations, with more firms likely to turn…
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Aon’s Fumagalli joins Sompo International in Italy
Sompo International has appointed Simona Fumagalli as country manager of insurance in Italy. She will be based in the company’s…
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Alta Signa names AIG’s Huidekoper D&O and FI manager in Benelux
MGA Alta Signa Europe has appointed Sytse Huidekoper from AIG as D&O and financial institutions manager in Benelux as it…
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Europe’s risk managers must be clear on strategy and transparent to secure best terms: Wegener
Ferma president Dirk Wegener has advised Europe’s risk and insurance management community to focus on transparency and clarity when it…
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Mactavish index shows UK claims litigation hitting High Court up 14% last year
New data from Mactavish finds that the number of commercial claims disputes going to the UK High Court rose 14%…
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Less trust in AI among digitally advanced countries, finds Swiss Re
Consumers in more digitally advanced countries have less trust in AI than those from less technologically advanced nations, finds a…
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Head of cyber insurance appointed at Inigo
James Creasy has been appointed as the head of cyber insurance at Inigo Limited. The UK insurer said cyber insurance…
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Lloyd’s, QBE and Mapfre join exodus from NZIA
Lloyd’s, QBE and Mapfre have become the latest members of the UN-convened Net Zero Insurance Alliance (NZIA) to leave, with…
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Narim rewards Lepidis and Meijers at annual conference
The winner of this year’s Aon Scholarship award presented by Dutch risk and insurance management association Narim at its annual…
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Ericsson named in record $279m whistleblower case
The record $279m whistleblower award handed out by the US Securities and Exchange Commission (SEC) was for a bribery case…
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Guy Carp buys Israeli reinsurance broker
Marsh McLennan subsidiary Guy Carpenter is to acquire Israel-based reinsurance broker Re Solutions. Terms of the transaction, which is expected…
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UN backs NZIA collaboration but 11 members have now quit
The UN said “there is a fundamental and urgent need for collaboration” in the insurance and reinsurance industry to tackle…
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Scor names de Varenne as CFO and deputy CEO
Scor has appointed François de Varenne as group chief financial officer and deputy chief executive officer. De Varenne filled in…
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Increased climate-related claims activity in UK and Europe expected
The UK and Europe are expected to see increased activity in certain new types of climate-related claims, according to Lydia…
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Scor secures $75m cat bond after lowering exposure
Scor has placed a trigger cat bond for $75m of cover against named storms in the US, earthquakes in the…
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Bloomer succeeds Childs as Hiscox chair
Specialty insurer and reinsurer Hiscox has announced Jonathan Bloomer is to replace Robert Childs as chair. Bloomer is a former…
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European business calls for more proportionate view of supply chain liability
A host of European business groups, including BusinessEurope, have called on the EU to ensure that its coming Corporate Sustainability…