DACH
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July 26, 2022
Added exclusions from Ukraine crisis threaten validity of international programmes: GVNW
The German risk and insurance management association, the GVNW, has warned insurers that there is no need for further territorial…
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July 25, 2022
German insurers say BI losses from gas shortages not covered
The German insurance association (GDV) has announced government-ordered emergency gas rationing because of shortages caused by the war in Ukraine…
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July 25, 2022
Data giants launch potentially ground-breaking supply chain RM solution
Risk and insurance managers have become increasingly frustrated in recent times by the inability of the traditional insurance market to…
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July 22, 2022
Indonesian islanders sue Holcim for climate change damage in Swiss court
Swiss cement manufacturer Holcim is being sued by residents of an Indonesian island seeking damages for its contribution to climate…
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July 21, 2022
Tokio Marine HCC adds to contingency division
Tokio Marine HCC (TMHCC) specialty group has made a number of promotions and appointments in its contingency division. In London,…
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July 21, 2022
Reducing exposure to silent cyber may release fresh capacity, says Insurance Europe
EU insurers say that reducing exposure to non-affirmative cyber may free up capacity to write affirmative cyber cover. But according…
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July 20, 2022
Tesla faces consumer action in Germany over emission credits and GDPR compliance
The federation of German consumer organisations (VZBV) has filed a lawsuit against vehicle manufacturer Tesla that accuses the company of…
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July 20, 2022
Flood risk to rise substantially even if warming limited to 2°C, warns Marsh
Limiting the global rise of climate temperatures to 1.5°C or 2°C would still “substantially worsen” the threat of floods and…
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July 20, 2022
BHSI continues European expansion with new Zurich operation
Berkshire Hathaway Specialty Insurance (BHSI) has announced the opening of a new office in Zurich and appointed Leander Metzger as…
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July 19, 2022
Demand for cyber insurance growing among German SMEs
The German insurance association (GDV) is seeing a significant rise of interest in cyber insurance among SMEs. The GDV’s recent…
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July 18, 2022
Analysts say European gas crunch won’t trigger mass BI cover
The European insurance and reinsurance market should not fear a spike in business interruption (BI) losses from problems caused by…
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July 15, 2022
EU’s highest court rules VW emissions software illegal
The Court of Justice of the European Union (CJEU) has ruled the emissions software used by car manufacturer Volkswagen, which…
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July 14, 2022
RiskPoint takes fresh investment to fund further growth
RiskPoint Group, the Stockholm-based managing general underwriter (MGU) with specialty insurance operations across Europe and the US, has secured fresh…
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July 14, 2022
AGCS shakes up global programmes business as it targets ‘substantial’ growth
Allianz Global Corporate & Specialty (AGCS) has announced a major shake-up of its multinational insurance business, with major investments in…
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July 13, 2022
Cyber risk modeller DeNexus expands into Europe with new Switzerland office
US cyber risk modelling firm DeNexus has opened a new office in Switzerland as a base for expansion in Europe…
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July 12, 2022
German SMEs warned of cyber cover gaps if Log4j warnings ignored
The German insurance association (GDV) has warned medium-sized companies that they will find their cyber insurance cover invalid if they…
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July 5, 2022
DUAL Europe builds out cyber team to spur growth
Howden’s specialist managing general agent (MGA) DUAL has appointed five new cyber underwriters in Europe to drive growth. DUAL Europe…
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July 4, 2022
German broker MRH Trowe boosts footprint with three buys
German commercial lines broker MRH Trowe has acquired two local brokers, WRV and Lech Assekuranz, and taken a controlling stake…
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July 4, 2022
Hungary imposes new insurance tax to help fund energy subsidies
Lloyd’s’ tax department has been made aware of a higher insurance tax in Hungary for premiums signed by Xchanging (DXC),…
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June 30, 2022
Resilient recovery under threat as protection gap widens
The G7 communique issued after the meeting of world leaders this week called for efforts to establish the so-called Global…