CRE Insurance
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March 19, 2024
Hannover Re beats guidance after 134% gain in net income to €1.83bn
Hannover Re’s net income more than doubled in 2023 to €1.83bn from €781m, beating earnings guidance of €1.7bn after Q4…
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March 19, 2024
UK SMEs ‘woefully unprepared’ for cyber threat
New research commissioned by London-based cyber MGA Cowbell has found that UK SMEs are “woefully unprepared” to react to a…
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March 19, 2024
German Cartel Office gives green light to Gothaer-Barmenia merger
The German Federal Cartel Office has approved the planned merger between Cologne-based Gothaer and Barmenia from Wuppertal to create one…
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March 18, 2024
USAID and WTW working on parametric solution to boost climate change resilience
WTW is working with the US Agency for International Development (USAID) to deliver a parametric solution that will protect and…
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March 15, 2024
UK government urged to support new reinsurance panel for combustible clad buildings
A new reinsurance facility covering commercial and residential buildings cladded in combustible materials has been launched in the UK, more…
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March 15, 2024
French nat cat carrier posts big technical loss from rising weather events
French state-backed catastrophe carrier CCR recorded a significant technical loss of €112m for 2023 due to heavy natural disasters in…
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March 15, 2024
German insurers question ‘high risk’ insurance under AI Act
The German insurance association (GDV) has reiterated its criticism of the decision to include life and health insurance within the…
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March 15, 2024
Marsh names new marine director in the Netherlands
Marsh has appointed AIG’s Koen van Leuven as marine broking director for the Netherlands. He is expected to join this…
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March 14, 2024
Dutch cybersecurity and insurance firm secures further €36m funding
Eye Security, the fast-growing Netherlands based cybersecurity and insurance firm, has announced a further €36m Series B investment led by…
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March 14, 2024
QBE launches UK healthcare practice group with new liability product
QBE has created a healthcare practice division in the UK, headed by Doug Walker. It coincides with the launch of…
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March 13, 2024
Nord Stream sues pipeline insurers for $403m over 2022 explosion
The operator of the Nord Stream gas pipeline is suing its insurers for more than €403m in the UK’s High…
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March 13, 2024
Brit launches Lloyd’s consortium for large cyber risks
Global specialty insurer and reinsurer Brit has launched a cyber placement consortium with Lloyd’s underwriters for large institutional clients. Brit…
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March 13, 2024
MS Amlin reports best combined ratio for a decade in ‘attractive’ market
MS Amlin has reported record profits for 2023 and the best combined ratio since Lloyd’s agency Amlin was acquired by…
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March 13, 2024
AI regulation to shake up liability insurance
Developments in artificial intelligence (AI) and related regulation will require an overhaul of liability insurance policies and the creation of…
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March 12, 2024
Parliament committee attacks UK government’s ‘shambolic’ cyber strategy
Only days after the former head of the UK’s National Cyber Security Centre (NCSC) called on his country to criminalise…
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March 12, 2024
Antares reports healthy growth in continued ‘positive’ market conditions
Antares Global, the Lloyd’s-based group of insurance and related service companies owned by Qatar Insurance, announced strong growth in 2023…
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March 12, 2024
Generali in ‘best shape’ after booking record results
Generali reported a 14% gain in its 2023 net result, based on adjusted figures, to a record €3.58bn, driven by…
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March 12, 2024
Déal named MD of DUAL France as MGA builds out French team
DUAL Europe, Howden’s MGA, has appointed Guillaume Déal from Everest as managing director of its recently created French business. The…
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March 12, 2024
Coalition adds Aspen to panel of cyber insurers
Cyber managing general agent Coalition has agreed to a multiyear capacity deal with Aspen Specialty. Aspen’s capacity will be available…
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March 11, 2024
Anra pushing for captive regime in Italy
Italian risk management association Anra has told Commercial Risk Europe that it is hopeful a new captive-specific regime will become…