Benelux
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SiriusPoint increases European July flood estimate
Global specialty (re)insurer SiriusPoint has increased its loss estimate for European floods in July from $30m to between $70m and…
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Construction firms targeted by criminal gangs as material costs soar
Construction firms are being targeted by organised criminal gangs as the sector goes through a boom period following Covid-19 and…
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Howden set for Netherlands expansion as Everling joins from Willis
London-based independent broker Howden is beefing up its presence in the Netherlands with the appointment of Jeroen Everling as chief executive…
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RMS estimates Bernd insured losses could hit €6.5bn
Catastrophe risk solutions company RMS estimates that insured losses from the western and central Europe flooding that occurred on 12-18…
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Above-average nat cats set to bust loss ratio budgets, says Jefferies
Natural catastrophe losses are running 41% above the long-term average at the half-year stage, according to analyst Jefferies, which estimates…
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Bermuda (re)insurers pay $23.3bn of P&C claims to EU customers in last five years
Bermuda (re)insurers have paid $23.3bn in P&C claims to customers in the European Union since 2016, according to data collected…
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Oneglobal Broking launches Netherlands office
Oneglobal Broking has established a Netherlands office and appointed Alex van der Wyck as CEO, Oneglobal Netherlands. Oneglobal said its…
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Legal issues hold up inclusion of Willis Re France and the Netherlands in Gallagher deal
A J Gallagher’s acquisition of Willis Towers Watson’s (WTW) treaty reinsurance business excludes operations in France and the Netherlands, although…
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Buyers bruised by hard market but relationships still strong
The hard market has had an impact on the appetite of some carriers and raised questions about alternative risk transfer,…
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Hannover Re profits surge despite hefty cat losses
Hannover Re said profits have returned to a “pre-pandemic level” despite “further Covid-19-related strains” in its life and health reinsurance…
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Aon expands global tax insurance team with senior European appointments
Aon has boosted its global tax insurance team with the appointment of Christophe Bonneville, Cristina Chaparro and Joyce Koch in…
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Gallagher confirms WTW deal is off but has ‘excess cash’ to spend
A J Gallagher has confirmed the termination of its planned $3.57bn deal to acquire certain Willis Towers Watson (WTW) brokerage…
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Aon and WTW terminate $30bn deal over DoJ ‘impasse’
Aon and Willis Towers Watson (WTW) have cancelled their $30bn merger over an “impasse” with the US Department of Justice…
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Climate lawsuits could be ‘comparable to tobacco or mesothelioma litigation’
Any companies that thought they didn’t need to worry about being sued for their environmental behaviour should think again after…
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Gallagher beefing up to become third option in Europe
A J Gallagher is receiving an “unusual” level of positive feedback from customers and carriers alike across Europe about its…
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Insolvencies to rise but Covid-19 armageddon in Europe likely avoided
Insolvencies of so-called ‘zombie’ companies kept afloat by government pandemic measures are still set to rise later this year and…
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Dutch insurers must brace for post-pandemic claims
A leading Dutch insurance lawyer has predicted rising D&O and employers liability claims as the Netherlands government withdraws its range of Covid-19…
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Trade credit insurers ‘well prepared’ to go it alone as European backstops expire: AM Best
Insurers were “spared” from heavy trade credit losses in 2020 as governments across Europe stepped in as part of Covid-19…
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MS Amlin names new P&C country manager for Belgium
MS Amlin Insurance SE (MS AISE), the global specialty (re)insurer’s European primary carrier, has appointed Jan Vande Weghe as property…
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Germany’s MHRT continues aggressive expansion with four more deals
AnaCap Financial Partners (AnaCap), a specialist mid-market private equity investor in the technology-enabled financial services sector, this week announced that its…