DACH
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Kraus takes over from Mahnke as head of insurance at Siemens
Holger Kraus takes over as head of insurance at Munich-based multinational Siemens on 1 February, where he will replace Alexander…
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New UK country manager for Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Nick Major as country manager, BHSI UK. Major joins BHSI from Aviva and…
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Zurich launches new climate change adaptation and mitigation service
Zurich and climate solutions experts South Pole are teaming up to offer a new service that will help clients get…
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Swiss risk managers face up to new ESG reporting rules
Switzerland risk managers at firms regulated by the Swiss Financial Market Supervisory Authority (Finma) must get up to speed on…
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German insurers agree to updated ESG guidance with greater focus on biodiversity
The German insurance association (GDV) has updated its sustainability guidance for members two years after it was first adopted, and…
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German firms warned to act on coming Cyber Resilience Act or risk ‘severe’ penalties
Germany-based IoT-Security provider ONEKEY has warned that the coming EU Cyber Resilience Regulation could lead to “millions” in fines for…
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Proportionality needed in CSRD to manage burden for smaller insurers and captives: GDV
The German Insurance Association (GDV) has called on the EC to ensure the principle of proportionality is properly applied to…
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German court questions Greenpeace emissions case against VW
A legal case brought by Greenpeace against VW that challenges the car manufacturer’s carbon emissions has opened in Germany, with…
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Amynta acquires MGU Ambridge from Brit
Amynta Group is to acquire Ambridge Group, the managing general underwriter operations of Brit Ltd, a subsidiary of Fairfax Financial…
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UnitedHealth Group largest insurer in world by premium, says Best
The largest insurer in the world, based on 2021 net premiums written (NPW), is UnitedHealth Group, according to AM Best’s ranking…
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Newline Europe appoints Nina Weitemeier to the board
Cologne-based Newline Europe Versicherung (Newline Europe) has appointed Nina Weitemeier to its management board, where she will be responsible for…
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German insurers call on government to focus on nat cat loss prevention
The German insurance association (GDV) has called on the nation’s politicians to focus on loss prevention and adaptation to the…
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Finland adopts whistleblowing law and Germany likely to follow
The European Commission’s infringement proceedings brought against more than half of member states for failing to implement its Whistleblowing Directive…
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German risk managers advised to prepare for rising corporate crime
Mounting energy costs, rising prices and higher interest rates could motivate more employees to commit crimes against their employer, warned…
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Zurich keeping ‘close eye’ on potential US-style social inflation in Europe
Zurich is keeping a “close eye” on the litigation landscape in Europe as we head towards the introduction of the…
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AGCS creates ESG unit to deliver more net zero solutions for clients
Allianz Global Corporate & Specialty (AGCS) has created a dedicated ESG unit that will develop new insurance solutions and other…
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Bayer settles Monsanto environmental damage claim with Oregon for $698m
German pharmaceutical firm Bayer has agreed to pay $698m to settle historic pollution allegations against its subsidiary Monsanto by the…
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AM Best upgrades HDI’s credit ratings
AM Best has upgraded the credit ratings of HDI and its rated subsidiaries on the back of “very strong” balance…
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Munich Re creates new global specialty insurance division
Munich Re is launching a new global specialty insurance division (GSI) to become a “powerful” player in the primary specialty…
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Munich Re predicts slight fall in profits at ERGO next year but improved CR
Munich Re expect its profits to increase to around €4bn next year from a target of €3.3bn in 2022, with…