English
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Buyers value cyber stability over lower rates
Companies value stability from their cyber insurers over market swings, even though they are likely to be enjoying rate reductions…
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Protection and unity key as FM continues German and global growth
As the German risk and insurance management community gathers for the annual GVNW Symposium, Adrian Ladbury talked to Nigel Todd,…
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Insurance market must rise to challenge of green transition
Adrian Ladbury interviews Udo Kappes, head of insurance at RWE, and finds that, along with many other German and European…
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GVNW sets focus on digital platform, ESG roadmap and captives
CEO of the GVNW and senior vice-president at BASF, Patrick Fiedler, told Commercial Risk that the association will focus on…
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Funk ‘fully backing’ GVNW’s digital risk placement platform
Leading German independent broker Funk is “fully backing” the GVNW’s new RD-X digital risk data exchange initiative, which the association…
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German hard market is over: WTW
The hard market is over in Germany, price increases have stopped and it will become easier again for companies to…
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PFAS litigation and exclusions to grow in Europe, experts warn
European companies should brace for much more litigation over the use of so-called forever chemicals, or PFAS, and more insurance…
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German business urges Von der Leyen to stand firm on new Green Deal
The Federation of German Industry (BDI) has welcomed the re-election of Ursula von der Leyen as president of the EC…
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Capacity boost for global construction insurance market
The global construction insurance market is experiencing a notable increase in capacity levels in most regions in the market and…
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GVNW expects Extremus extension
The German risk and insurance management association told members this week that it is confident government support for terror insurance…
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AXA appoints Aviva’s Gumber CRO of UK & Ireland
AXA has named Rahul Gumber as its new chief risk officer for UK & Ireland, replacing David Baker. Rahul will…
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Domic joins Vopak as senior insurance manager
Narim board member Darko Domic has joined Royal Vopak N.V., the Dutch independent multinational company that stores and handles products…
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Risk managers concerned about global conflict in AI standards
The majority of UK risk managers are concerned about a lack of alignment and consistency in the international rules around…
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Perils estimates €1.6bn loss for southern Germany floods
The floods that hit southern Germany in May and June this year are set to cost insurers €1.59bn, according to…
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GDV reports worrying spike in cyber combined ratio
German insurance association GDV has urged businesses to invest more in cyber prevention and security as it revealed a sharp…
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AXA CEO defends oil and gas policy in face of GVNW scepticism
One of Europe’s top insurers defended his company’s restrictions on underwriting risks linked to oil and gas production, despite concerns…
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BMW CFO: insurers must be bold and impose fewer exclusions
Be brave, be bold and go easier with the exclusions. This is the message for insurers from one of Germany’s…
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GVNW reports solid progress on members and education
The GVNW continues to attract new members among the larger corporate risk and insurance management community and reports rising fee…
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GVNW foresees market easing despite tough spots
The GVNW expects insurance pricing to ease in the coming months across most lines but warns that corporate motor and…
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German insurers able to back €10bn cat scheme: AM Best
The German insurance market has adequate capacity to back a compulsory natural hazards scheme if it were introduced, AM Best…