Benelux
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Marine and port risks spike in west Africa
Leading insurers and risk managers around the world are issuing serious warnings to shipowners of the growing piracy and other…
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Buyers must be more demanding about service levels, say insurers
Insurers recognise that they need to improve service but risk and insurance managers must also demand greater service from their…
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Corporate roundup
Software launched for global insurance programmes, AXIS expands aviation book with Aviabel purchase, Willis Re promotes Kent to deputy CEO,…
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Generali to review operations in up to 15 markets
Global insurer Generali is reviewing its presence in up to 15 countries and wants to raise at least €1bn by…
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NN pursuit of Delta Lloyd suggests SII to drive M&A pick up: Fitch
NN Group's €2.4bn offer for Delta Lloyd has reinforced Fitch's belief that merger and acquisitions (M&A) will pick up amongst…
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Risk managers watch nervously as Zurich merges Global Corporate with commercial, Hürlimann steps down
European risk and insurance managers are worried about the merger of Zurich's corporate insurance business with its commercial operation amid…
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Corporate round-up
FM Global creates dedicated cyber risk and underwriting units, Atradius acquires risk info specialist Graydon, Chubb expands cyber risk engineering…
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News in brief
Zurich ready to roll out globally aligned wording, TMK completes underwriting integration, Sompo Canopius in Mexican strategic partnership, Allianz buys…
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Rating agents warn of Brexit risks to UK and Europe
Two of the main credit ratings agencies have downgraded the UK's sovereign debt rating, warning that Brexit has significant economic…
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Analysts warn of political risk contagion across Europe from UK vote
Political risk experts warn that Brexit raises the potential for further political upheaval in Europe as discontent spreads.
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Insolvencies to rise in several European countries following UK referendum result: Atradius
Fallout from Brexit is likely to cause an uptick in insolvencies over the short term in the UK and across…
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Ferma names new board
Ferma has elected three new board members from Denmark, the Netherlands and the UK, while re-electing its Swedish member.
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Flood costs mount in Europe as global nat cat losses top $7bn in May
Natural disasters across the world took a heavy toll last month with insurance costs expected to exceed $7bn as flood…
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Corporate round-up
WBN elects Meijers Assurantiën's Daniel de Swaan as chairman, AIG launches crowdfunding solution to protect investors, XL Catlin promotes Michael…
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Corporate roundup
XL Catlin hires ex-AIG man Gouraud to head client and broker management, Chubb names Luc Reuter head of surety for…
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Insurers must focus on discipline and innovation as soft market drags on: Kendrick
Asian corporate insurance managers have enjoyed a long soft market in recent times and analysis from leading brokers alongside evidence…
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Insurers should assume current soft pricing is ‘as good as it gets’: Kendrick
The days of easy underwriting profit are long gone and insurers should assume that the current soft rating environment will…
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Corporate round-up
Coface replaces CEO, JLT Re announces new fac division, Guy Carp appoints Susanne Miller as MD in Benelux and Charles…
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Sanctions risk complicated by US exposure and lack of guidance
European risk managers must beware of their companies fouling foul of US, as well as EU, sanctions and need to…
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Tianjin event dominates the 2015 loss picture
Loss adjusting and claims management company Cunningham Lindsey has launched its 2015 Major and Complex Loss Review, which examines a…