CRE Legal Regulation
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Credit Suisse secures further $200m from collapsed Greensill funds
Credit Suisse has freed up an additional $200m to return to clients of two Greensill supply chain funds. Four funds…
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European insurance supervisors need sharper teeth to tackle greenwashing: Eiopa
Europe’s national insurance supervisors say that they need sharper teeth and more resource to tackle the growing challenge of greenwashing…
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Microsoft sets aside $425m ahead of GDPR LinkedIn fine
Microsoft said it will increase reserves to $425m to cover an expected GDPR fine following a probe into its business…
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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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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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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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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…
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EU Council agrees package to stop waste dumping
The European Council has adopted its negotiating mandate to start talks with the European Parliament on a proposal to update…
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EU unveils plans to bolster GDPR
The EU is planning to propose new legislation to harmonise cooperation procedures between data protection authorities on cross-border cases and…
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European business faces further liability with new product safety rules
The EC has formally published the new General Product Safety Regulation (GPSR), which reforms a variety of product safety rules for manufacturers…
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Dutch government warns 3M of liabilities over forever chemical pollution
The Dutch government has notified US conglomerate 3M that it could be held liable for polluting a river with PFAS,…
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Market and macroeconomic risks top Eiopa’s concerns for European insurers
European insurers’ exposures to macro and market risks are running high and pose the main concerns for the sector, according…
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Meta gets record €1.2bn GDPR fine as Irish regulator overruled
Meta has been hit with a record €1.2bn fine under the GDPR for breaking rules when transferring Facebook data from…
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Deutsche Bank settles with Epstein victims for $75m
Deutsche Bank has agreed to pay $75m to settle a proposed class action from victims of accused sex trafficker Jeffrey…
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European business and insurers call for urgent reform of PLD
A group of leading European business federations, including Insurance Europe, have released a statement warning against the threat of potential…
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German insurers expect spike in fidelity claims as whistleblowing act arrives
German insurers expect higher losses in the short term but fewer white-collar crimes in the long term as a result…
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Insurance Europe welcomes EU Data Act but seeks ‘robust’ sector legislation
Insurance Europe said the proposed EU Data Act is set to shape the single market for data and it is…
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European Council adopts new deforestation law
The European Council has given the final go-ahead to a regulation designed to minimise the risk of deforestation and forest…
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Three-quarters of Ireland’s GDPR decisions overruled for being too lenient
Ireland’s data protection authority has been overruled in 75% of its GDPR investigation decisions by European counterparts seeking tougher enforcement,…
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UK D&O claims to rise following spike in insolvencies, warns RPC
Law firm RPC expects D&O insurance claims to rise in line with an increase in insolvencies and alleged misconduct against…