DACH
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Haagen exits as Allianz continues strategic repositioning
Henning Haagen has resigned as chief regions and markets (CRMO) officer for Allianz Global Corporate & Specialty (AGCS) to take…
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Sompo International names Herbelin head of new Swiss business
Sompo International has appointed Eric Herbelin as country manager of insurance in Switzerland, as the firm continues its push in…
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Online P&C sales drive digital growth in Germany
The majority of German digital insurance contracts continue to be made in P&C insurance, according to the country’s Insurance Association…
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TikTok fined €345m for child data GDPR breaches
Social media platform TikTok has been fined €345m for a series of European data protection rule breaches after Europe’s regulators…
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Zurich and KPMG partner on climate change advisory services
Zurich and KPMG have entered a strategic collaboration to provide climate change advisory services. The partnership between Zurich Resilience Solutions,…
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Leading non-life European insurers saw 13.4% growth in premium last year
The top 15 European insurance groups in Mapfre’s 2022 Ranking of the Largest European Insurance Groups boosted their premium income…
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AM Best upgrades Swiss Re’s rating outlook on back of hard market
AM Best has revised the outlook on Swiss Re’s ratings to stable from negative following a series of improved underwriting…
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ESG underwriting debate hots up as GVNW gathers in Munich
The German and wider European insurance market needs to seriously up its game on the increasingly important matter of ESG,…
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Opinion divided over swift return to soft German market
The German industrial insurance market hardening has peaked for most risks with things calming down for buyers and even easing…
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Cyber claims becoming more difficult and technical, warn brokers
Cyber insurance claims have become more difficult for buyers, with carriers now asking very detailed questions before paying out, brokers…
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Buyers and brokers play down concerns over industrial insurance oligopoly
German risk managers, brokers and insurers are not overly concerned about the supposed oligopoly that dominates their industrial insurance market,…
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More clarity and transparency needed with ESG underwriting, says Grewenig
Swen Grewenig, member of the GVNW committee and head of insurance at a leading international German company, is yet another…
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Allianz Commercial: Global and local approach offers greater value
The GVNW membership and wider German insurance market is clearly keen to hear what the creation of Allianz Commercial means…
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German risk managers keen to follow French example on captives
There is rising interest among German risk and insurance managers in captives and a more friendly regulatory and fiscal environment…
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Carriers set to maintain PFAS exclusions despite buyer concerns
The (re)insurance industry will have to maintain exclusions for many PFAS substances, also known as forever chemicals, until it can…
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German cyberattacks continue to mount despite improved insurance conditions
German risk and insurance managers may be feeling a little more relaxed about their coming cyber insurance renewals as they…
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GVNW urges insurers to focus on coverage for green transition
The German risk and insurance management association (GVNW) would like to see insurers focus on delivering new coverages for innovations…
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German insurance managers urged to act now to secure adequate property renewals
GVNW members have been advised to proactively review their ability to retain more property and BI risk because insurers will…
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McGill launches German and Swiss operations
McGill and Partners, the fast-growing global boutique specialist (re)insurance broker launched in 2019, has expanded its reinsurance offering with office…
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Fiedler calls for withdrawal of blanket exclusions to back Ukraine reconstruction
German risk and insurance managers have called on the insurance and reinsurance market, potentially with state support, to reconsider its…