CRE Insurance
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Beazley offers more capacity to risk managers that meet Marsh’s ESG Risk Rating
Beazley is going to grant more capacity through its Lloyd’s of London Syndicate 4321 to companies that perform well on…
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A J Gallagher buys Ireland retail broker
Arthur J Gallagher has acquired Irish firm INNOVU for an undisclosed fee. As first reported in our sister publication Business…
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GC&C and GEB merged into new French unit under Generali reshuffle
Generali has announced a significant reorganisation of its management structure that sees all its global business lines – Generali Corporate…
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French insurers report €1.26bn in claims from recent storms
French insurers have incurred some €1.26bn in claims from bad weather at the start of June and in late May,…
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New leadership at Lufthansa captive
Cologne-based Delvag Versicherungs-AG, the insurance arm of German airline Luftahansa, has appointed two experienced underwriters – Dennis Heinen and Markus…
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Pool Re to invest in terrorism risk management solutions
Pool Re is embarking on a new chapter that will see the UK’s state-backed terrorism reinsurer modernise its reinsurance offering,…
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BELFOR cements Scandinavian position through SSG acquisition
BELFOR, a leading provider of disaster recovery services, and SSG, the Scandinavian market leader in damage restoration services, have joined…
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German diesel manipulation legal protection claims exceed €1.4bn and still rising
The cost of disputes in Germany over the so-called ‘Dieselgate’ scandal continues to rise and it now represents the costliest…
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Swiss insurers deepen commitment to sustainable investment and underwriting
Swiss insurers now link some 80% of their investments to sustainability criteria, according to the Swiss Insurance Association (SVV). The…
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Eiopa demands improved communication and clarity on wordings and exclusions
The European Insurance and Occupational Pensions Authority (Eiopa) has published two consultation papers that seek to address confusion and uncertainty…
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FCA fines JLT Specialty £7.8m for Colombian bribery scandal
UK regulator the Financial Conduct Authority (FCA) has fined JLT Specialty £7.8m for failing to control financial crime that resulted…
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James Hands to succeed Greg Collins as Miller CEO
Specialist broker Miller has announced that James Hands will replace Greg Collins as CEO from the beginning of next year.…
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CJEU backs Spain in €1bn Prestige oil spill claim against London P&I Club
The Court of Justice of the European Union (CJEU) has ruled that arbitration proceedings brought in the UK by The…
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WTW names AGCS’s Victor De Jager head of property in Europe
WTW has appointed Victor De Jager as head of property for Europe from Allianz Global Corporate & Specialty (AGCS). De…
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No-code platform secures another $45m to help drive insurance innovation
INSTANDA, a no-code core insurance platform provider, has closed its latest $45m fundraising led by Toscafund, one of Europe’s leading…
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Claims inflation and supply chain disruption unbalancing P&C market once more, says HDI Netherlands
Just as capacity was returning to the market and risk managers were finding most insurance easier to sort, claims inflation…
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MGA Spring Insure opens doors to European business with Dublin office
Specialist financial and professional lines managing general agent Spring Insure has received authorisation from the Central Bank of Ireland (CBI)…
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Ukrainian risk manager says now is the time for insurance to prove its worth
A Ukrainian risk manager told Commercial Risk’s latest event that now is the moment for insurance to prove its worth…
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Lloyd’s reappoints Carnegie-Brown as chair
Lloyd’s has reappointed Bruce Carnegie-Brown as chairman for a third term, running from this month until June 2025. Carnegie-Brown was…
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UK market hardening losing steam amid signs of plateau
Brokers, risk managers and insurers agree that the UK commercial market is looking better for buyers, with signs of softening…
