DACH
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April 13, 2023
Swiss Re’s Mumenthaler optimistic for 2023 on back of strong rates
Swiss Re CEO Christian Mumenthaler has told shareholders he is feeling much more optimistic about 2023 as a result of…
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April 6, 2023
IFRS 17 gives risk managers sharper tool to analyse insurer performance
Risk and insurance managers need to keep a close eye on the financial performance and health of their leading carriers…
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April 6, 2023
Zurich follows Munich Re and quits NZIA
Zurich has become the second carrier to withdraw from the UN’s Net Zero Insurance Alliance (NZIA) this week. Munich Re…
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April 5, 2023
Inflation boosts German non-life insurers’ premium growth
German non-life insurers are expected to increase premium intake by 5.7% this year despite the difficult economic environment, according to…
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April 4, 2023
Sompo International set to expand in Switzerland after receiving primary licence
Sompo International is expanding its operations in Switzerland after being granted regulatory approval to start writing primary insurance in the…
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April 3, 2023
Allianz Commercial names leaders in key markets
Allianz has announced leaders in France, Germany, the UK and Australia for its new Allianz Commercial business that serves large…
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April 3, 2023
Pressure builds on German state to introduce compulsory nat cat cover
The German government is under pressure from a rising number of federal states and now, reportedly, the Federal Council (Bundesrat)…
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April 3, 2023
Gothaer posts 9.1% rise in corporate business boosted by inflation
Cologne-based insurer Gothaer has announced further strong growth in its SME and middle market corporate insurance business during 2022 full-year…
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April 3, 2023
Munich Re pulls out of UN climate group NZIA citing antitrust concerns
Munich Re has quit the United Nations’s Net-Zero Insurance Alliance (NZIA) because of antitrust concerns. “In our view, the opportunities…
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March 31, 2023
German insurers remain ‘stable’ despite financial crisis: GDV
Driven largely by high equity ratios, the German insurance industry remains in a “comfortable and secure” position despite current volatility…
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March 28, 2023
Swiss regulator mulls further action over Credit Suisse
Swiss regulator the Financial Market Supervisory Authority (Finma) has not ruled out further disciplinary action against Credit Suisse, or its…
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March 28, 2023
Credit Suisse’s operational risk cat bond unlikely to be triggered
DBRS Morningstar’s insurance analyst Marcos Alvarez told Bloomberg that the operational risk catastrophe bonds issued earlier this year to Credit…
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March 24, 2023
Ardonagh reveals five-fold growth in five years
Fast-growing UK-based broking firm Ardonagh Group announced further impressive growth in income and profit last year, on the back of…
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March 23, 2023
HDI launches weather forecasting service for construction risk managers
HDI Risk Consulting, the subsidiary of HDI Global, has developed a joint solution with Vienna-based weather forecasting firm the Institute…
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March 23, 2023
Allianz takes stake in German offshore wind project
Allianz has bought a 16.6% stake in an offshore wind farm project in Germany that will supply 1.1 million households…
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March 22, 2023
European insurance M&A hits record high in 2022
Investor appetite for European insurance assets hit a new record high in 2022, with a total of 435 deals recorded…
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March 22, 2023
European insurers expected to have low exposure to Credit Suisse bonds: DBRS Morningstar
Rating agency DBRS Morningstar said it will monitor the investment portfolios of European insurance companies following the sale of Credit…
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March 22, 2023
MGA Corvus expands German cyber operation as part of central European push
Cyber MGA Corvus Insurance is expanding its Frankfurt, Germany team with new underwriters and a local head of cybersecurity, to…
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March 22, 2023
Higher primary insurance rates likely as inflation persists: Swiss Re
Inflation may be easing, but claims severity in P&C insurance is set to remain and higher primary insurance rates are…
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March 20, 2023
Sompo continues European expansion with German distribution deal
Sompo International has continued its recent expansion across Europe by entering into a distribution agreement to provide capacity to Hamburg-based…