Benelux
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Belgian risk managers focus on need for rapid response to data breaches
Belgian risk management association Belrim will focus on the need for rapid and correct action when faced with a data…
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Airbus investors file €300m class action in Dutch court
A class action lawsuit against Airbus has accused the French airline of misconduct and is seeking €300m in damages. The…
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Big rise in climate litigation against business and governments next year, says Clyde & Co
Clyde & Co predicts a “sharp increase” in strategic climate change litigation against European businesses and governments next year to…
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Out of adversity comes opportunity, says leading Dutch broker
Sunny Léons, chief executive officer of Léons NL, Brokerslink’s partner in the Netherlands, talks to Commercial Risk Europe about the…
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EU publishes draft rules for gig-economy workers
The European Commission (EC) has published draft legislation on employment practices within the ‘gig economy’. The legislative changes are designed…
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Nat cat losses to top $100bn in 2021 says Swiss Re
This year is estimated to see global insured losses of $105bn as a result of extreme weather events, according to…
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Dutch insurer NN Group issues first cat bond
Nationale Nederlanden (NN Group), a Dutch P&C insurer, has entered the catastrophe bond market. The firm has established Orange Capital…
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Allianz expands renewable investments to the Netherlands
Allianz Capital Partners has signed an agreement to purchase a 25.2% stake in the Dutch offshore windfarm Hollandse Kust Zuid…
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EU plans pan-European export credit facility
The EU has revealed that it is looking into the creation of a pan-European export credit insurance facility to supplement…
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Dutch employer groups call for cybercrime action plan
Dutch employers’ organisations VNO-NCW and MKB-Nederland have called on the government to adopt a multi-year action plan to tackle cybercrime…
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Dutch insurers welcome clarity from EC on sustainable investment
The Dutch Insurance Association (Verbond van Verzekeraars) has welcomed the latest moves by the European Commission (EC) to significantly update…
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PERILS estimates losses of €311m from European storm Hendrik-Ignatz
PERILS estimates insured property losses of €311m from windstorm Hendrik-Ignatz that struck Europe in October. The Zurich-based insurance catastrophe-data firm…
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Sedgwick buys Belgian firm ABESIM to grow EFI Global business in Europe
Sedgwick is buying Belgian firm ABESIM as part of its EFI Global business that specialises in forensic engineering, environmental and…
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Scor’s analysis of European captive sector provides benchmark for owners
The European captive sector is growing in terms of gross written premium (GWP), with the largest captives writing in excess…
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Philips CEO thinks FDA has overestimated ventilator recall problems
A subsidiary of Dutch manufacturer Philips believes US regulators have overestimated the scale of a problem with its ventilators involved…
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Coverage gaps mounting as co-insurance makes life tricky for buyers in hard market
Coverage gaps are becoming a big problem for insurance buyers in the current market, as they are forced to use…
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Shell’s UK relocation plans cause outcry in the Netherlands
News of oil company Royal Dutch Shell’s plan to relocate its operations to the UK has caused uproar in its…
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Kerremans urges empathy from insurers as he predicts hard market for a few more years
Herman Kerremans, CEO of Howden Belgium, has urged insurers to show some empathy with clients at upcoming renewals, as he…
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Belgian insurers’ association reiterates desire for public-private partnership in face of flood losses
As the cost of insured flood damages exceeds the €2bn mark, Belgium’s insurance association has reissued a call for greater…
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Luxembourg’s captives ‘thriving’ says AM Best report
The prospect of a tougher renewals season has led to increased use of captives by European companies, according to a…
