DACH
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Miller launches European delegated authorities team
Specialist broker Miller has launched a dedicated European delegated authority team. The new team will specialise in open market and…
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German insurers introduce PFAS exclusion clause
The German insurance association (GDV) has added a new contractual clause to its non-binding model terms and conditions to better…
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DACH buyers continue to enjoy improving cyber and D&O conditions
German commercial and corporate insurance buyers are enjoying increasingly favourable conditions in cyber, D&O and the global corporate segment, reported…
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New German commercial courts offer English option
German insurance managers that use London and other international markets will be pleased to hear that insurance contract disputes can…
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German insurers strong enough to swallow mandatory cat cover
The German P&C insurance industry was in a “stable” solvency position at the end of 2024 and would cope with…
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DUAL Europe expands marine business with new Hamburg hub
DUAL Europe has formed a new marine team based in Hamburg, Germany. The MGA said this is the third new…
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German insurers back nat cat opt-out as coalition agrees treaty
German insurance association GDV has called on the country’s new coalition government to work with the industry on climate risks.…
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Loepfe takes charge of Kessler St. Gallen
Swiss broker Kessler has appointed Manuel Loepfe as its new head in St. Gallen. Loepfe has been with Kessler, which…
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CelsiusPro Group hires disaster risk finance team to expand climate resilience solutions
Insurtech CelsiusPro Group has expanded its climate resilience solutions offerings by hiring a disaster risk finance (DRF) team focused on…
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German D&O insurers on alert as DWS pays greenwashing fine
DWS, the asset management arm of Germany’s Deutsche Bank, has been fined €25m by the Frankfurt Public Prosecutor’s Office for…
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DGC acquires troubled Cogitanda to enter German cyber market
The German Society for Cyber Security (DGC), which provides IT security services, has entered the cyber insurance market through the…
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Strategic Risk Solutions names Goldener as MD in Switzerland
Captive manager Strategic Risk Solutions (SRS) has hired Ralph Goldener as managing director in its Switzerland office. Goldener has two…
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AXA XL hires Tenderich to lead German specialty growth
AXA XL has announced the appointment of Matthias Tenderich as head of specialty for Germany and hopes he will lead…
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More German firms facing tighter insurance market scrutiny
Mid-sized German companies are increasingly facing the same detailed and onerous reporting requirements from insurers previously reserved for larger corporations,…
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GDV calls on Germany to follow EC lead on crisis preparedness
German insurers said the European Commission’s new crisis management and resilience strategy, which it unveiled last week to better prepare…
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Belfor and Funk team up on business continuity management
Belfor and the consulting arm of German broker Funk have announced a strategic partnership to help medium-sized companies improve their…
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Baloise commits to strategy as 2024 profit jumps 58%
Swiss insurer Baloise has reported a 58.3% increase in EBIT profit to CHF 545.3m for 2024, improving its combined ratio…
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HDI Global reports strong revenue growth
HDI Global has reported a 10% increase in insurance revenue, from €9.1bn in 2023 to €10.1bn in 2024, reaching double…
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Corporate polluters in spotlight as case against RWE progresses
The German Higher Regional Court of Hamm has concluded hearings in Peruvian farmer Saúl Luciano Lliuya’s landmark climate case against…
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Insured losses from Storm Boris rise to €2.19bn: Perils
Estimated insured losses from Europe’s Storm Boris, also called Anett, in September 2024 have increased to €2.19bn, according to industry…