CRE Insurance
-
Navigating uncertainty: The rise of bespoke solutions in the MBTC market
Does heightened geopolitical risk signal a step change for the multi-buyer trade credit (MBTC) market? Jesse van Cleef, head of…
-
Descartes eyes expansion into new lines
Parametric insurer Descartes said it is looking at potential new lines to add to its existing solutions for climate, cyber…
-
Eiopa begins to roll out Solvency II technical details
Europe’s insurance supervisor has launched its first series of consultations on technical standards that will implement the European Commission’s overhaul…
-
Verisk and RMS add Storm Boris loss estimates
Insured losses from flooding in central Europe last month triggered by Storm Boris have been pegged at between €2bn and…
-
Koller steps down as Insurance Europe director general
European insurance federation Insurance Europe has announced that Thea Utoft Høj Jensen will replace long-standing director general Michaela Koller. Utoft…
-
Floods drive nat cat losses in 2024
Global insured flood losses are outpacing all other perils so far this year, according to industry data from Cresta. In…
-
HDI Risk Consulting adds MD to boost client services
HDI Global has appointed Philipp Glanz as managing director of its engineering and risk specialist unit HDI Risk Consulting, working…
-
Przybyla takes top job in MS Amlin European merger
MS Amlin Insurance S.E. (MS AISE) has announced a key leadership change in preparation for its merger with MSIG Insurance…
-
CrowdStrike throws cyber market softening into doubt
Experts are divided over whether losses from the CrowdStrike outage will have a real impact on cyber insurance pricing and…
-
Temasek completes SRG acquisition
Temasek, the state-backed Singapore investment fund, has completed its acquisition of Specialist Risk Group (SRG), the fast-growing London-based specialty broker,…
-
German insurers support scaled-back CSRD
Norbert Rollinger, CEO of R+V Versicherung AG, has vowed to focus on the “bureaucracy burnout” that is threatening to strangle…
-
Storm Boris to cost €1.65bn: Aon
Insured losses from flooding caused by Storm Boris in central Europe are estimated to total €1.65bn, according to analysis from…
-
QBE extends cyber product to Italy
QBE has launched cyber insurance product QCyberProtect to the Italian market, alongside risk management tool QCyberPrepare. Already live in ten…
-
French mayors call for pooled insurance buying as market nears ‘collapse’
The association of French mayors (AMF) has called on its new government to take action on proposals to tackle the…
-
EU captives may have to comply with highest cybersecurity standards
European-based captives will face an addition regulatory burden when the EU’s new financial services cybersecurity rules kicks in next January…
-
Sompo expands marine underwriting to UK regions
Commercial P&C insurer Sompo will now underwrite marine cargo as well as transport and logistics policies across the UK for…
-
Austrian insurers call for long-term nat cat solutions
The Austrian Insurance Association (VVO) estimates that flooding in Austria from storm Boris is likely to cause insured damage between…
-
Climate change doubles risk of another Storm Boris in Europe
Climate change has doubled the likelihood of a heavy rainfall event in central Europe, according to new research, as seen…
-
LMG confident of UK captive consultation this year
The London Market Group (LMG) is confident that the UK will open its long-awaited consultation on an onshore captive regime…
-
Rendez-Vous survey reveals 56% expect rate hikes at January renewals: Fitch
More than half of reinsurers (56%) and other market players think prices will increase at January 2025 renewals, according to…