English
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Donnet re-elected as Generali CEO
Generali CEO Philippe Donnet has been re-elected for another three-year term following reports that Italian billionaire and Generali investor Francesco…
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Mapfre Global Risks records 7% slide in Q1 net income
Mapfre Global Risks posted a near 7% fall in net income for the first quarter of 2025, contributing €10m to…
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Cevian Capital sells Baloise stake to Helvetia shareholder ahead of merger vote
Helvetia’s largest shareholder Patria Genossenschaft has acquired Cevian Capital’s shares in Baloise Holding ahead of a merger between the two…
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UK risk managers feeling impact of US tariff uncertainty
The majority (72%) of UK risk managers say US tariffs are impacting their organisation, according to a survey by Airmic.…
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New standard aims to help cities risk manage disasters and economic shocks
The BSI has published new guidance to help city authorities risk manage disasters, economic shocks and climate change. The guidance…
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Amrae sees pro-insurance buyer trend continuing if market dodges turmoil
French companies enjoyed a positive renewals season in January and the market looks like remaining favourable for buyers this year…
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Softening accelerates in UK as rates fall 6% in Q1: Marsh
Commercial insurance rates fell 6% in the UK during Q1 2025, as softening accelerated from 5% in the previous two…
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Ardonagh buys Swiss broker SRB
The Ardonagh Group has acquired Swiss broker SRB Assekuranz Broker, which specialises in corporate accounts, primarily in the industrial sector.…
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Lockton hires international marine lead
Broker Lockton has appointed Bård Poulsson as international marine lead, joining the group from Arthur J Gallagher in September. Based…
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Munich Re eyes further specialty expansion
As Munich Re heads towards its Ambition 2025 target of generating €10bn in primary specialty insurance premiums, group chairman Joachim…
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Von Bomhard welcomes Omnibus relief from bureaucracy
Nikolaus von Bomhard, chairman of the supervisory board at Munich Re, has described the introduction of the European Commission’s Omnibus…
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AXA board wants to extend Buberl’s stay as CEO
AXA’s board will ask shareholders to renew Thomas Buberl’s mandate as director in 2026 for a four-year term and then…
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Reinsurance books strengthen credit profile for German and French insurers: Fitch
German and French insurers diversifying into reinsurance could improve their credit profiles, according to rating agency Fitch Ratings. In a…
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Bessé reports strong organic growth across sectors
Nantes-based family-owned French specialty insurance broker Bessé has reported a 5% increase in revenue for 2024 to €137m. The broker,…
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Nexus Underwriting builds trade credit team for European growth
Managing general agent Nexus Underwriting has appointed Ana Ortega Lamaignère as broker and partner manager for Spain as it looks…
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UK charges Lloyd’s broker UIB with bribery over international contracts
Lloyd’s broker United Insurance Brokers Ltd (UIB) has been charged with failing to prevent associates from bribing state officials in…
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Swiss insurers Helvetia and Baloise announce merger
Swiss insurance groups Helvetia and Baloise have announced a merger to strengthen their position in Switzerland and across Europe. Confirming…
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Two food groups launch captives in France
Two new reinsurance captives have been given the green light from the regulator to operate in France. The two captives…
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Swiss Re names Kaufmann next CRO
Swiss Re will appoint Bernhard Kaufmann as chief risk officer (CRO) when Patrick Raaflaub retires on 1 October. Kaufmann joins…
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UK law firm appeals £60k penalty for failing to report data breach
A UK law firm is appealing against a penalty imposed by the UK data watchdog in a case that demonstrates…