CRE Insurance
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April 19, 2024
Generali splits insurance and asset management in restructure
Italian insurer Generali is planning to revamp its insurance and asset management divisions under new CEOs as part of an…
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April 19, 2024
Convex books first annual profit since 2019 launch
Bermuda-based international insurer and reinsurer Convex entered the black for the first time since it launched in 2019, with net…
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April 18, 2024
Energy insurer Paratus launches brokerage division
UK-based energy insurer Paratus has established a brokerage division to focus on energy price risk insurance products in the maritime,…
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April 17, 2024
Howden launches Red Sea cargo war risk coverage
Global broker Howden has launched what it claims is the first cargo war risk facility to cover vessels in the…
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April 17, 2024
Dual Europe acquires Swiss Re’s marine team
International MGA Dual Europe has bolstered its marine underwriting capability after acquiring the Genoa-based marine team from Swiss Re. Under…
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April 17, 2024
Europe’s insurance CFOs concerned over competitive pressure and market volatility
Sluggish economic growth, financial market volatility, and competitive pressure are seen as Europe’s insurance industry’s three biggest concerns in 2024,…
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April 16, 2024
BHSI names new country manager for France
Berkshire Hathaway Specialty Insurance (BHSI) has extended the remit of Louis du Ché, country manager for Belgium, to include leading…
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April 16, 2024
Chaucer appoints new CRO as James Wright becomes chief financial officer
Chaucer has appointed its chief risk officer (CRO), James Wright, as chief financial officer (CFO), with Werner Joubert taking on…
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April 16, 2024
Specialty credit insurer Convergence set for launch
Plans for a new credit insurer, Convergence, that will initially target clients in Europe and North America have been unveiled…
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April 15, 2024
HDI Global turns focus on mid-market with dedicated and international offering
HDI Global is expanding its focus on mid-market clients with turnover between €20m and €500m by offering them improved domestic…
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April 12, 2024
Marsh calls on insurers to resist urge to automatically exclude tough cyber risks
The insurance market must resist the urge to automatically exclude difficult cyber risks and overly focus on a small set…
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April 12, 2024
European Parliament adopts framework for carbon removals
As the EU council attempts to placate business concerns about the pace of the energy transition while keeping progress roughly…
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April 10, 2024
Zurich to announce exit from fossil fuel underwriting
Zurich Insurance is expected to shortly announce its decision to cease underwriting new oil, gas and metallurgical coal projects, in…
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April 10, 2024
Aggressive underwriting and rising losses blamed for French local government insurance crisis
A new parliamentary report has blamed overly aggressive strategies from a dominant insurer that led to high market concentration, combined…
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April 9, 2024
Algorithmic underwriting set to boost options for corporate buyers
The adoption of algorithmic underwriting will increase competition and reduce frictional costs for commercial and specialty risk transfer, technology experts…
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April 9, 2024
Reinsurance prices ‘peaked’ ahead of next round of renewals, says Berenberg
Reinsurance prices are likely to have peaked, according to analyst Berenberg, but strong levels of demand for protection will balance…
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April 9, 2024
Lockton Norway appoints new CEO and chair for ‘next phase’ of growth plan
Global broker Lockton has announced Anders Johannessen will take over from Cato Aamodt as CEO of Lockton Norway while Lorraine…
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April 8, 2024
German insurers upgrading models to include flash floods
German insurers are working to take flash floods into account within their risk models. “The July 2021 flood in particular…
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April 8, 2024
Nature’s fury unleashed: Is your business battle-ready?
Many risk managers feel they have been in firefighting mode for the last two years, struggling to stay ahead of…
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April 5, 2024
Tech, talent and collaboration top Darim agenda
Denmark’s risk and insurance management association (Darim) chose collaboration as the theme of its annual members’ conference in Copenhagen. The…