DACH
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November 12, 2021
HDI Global takes 100% share of specialty arm to focus on growth
HDI Global has taken 100% control of fast-growing HDI Global Specialty through the purchase of sister company Hannover Re’s 49.8%…
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November 12, 2021
Ryan Specialty reports pricing in US E&S market remains ‘firm’
Ryan Specialty Group (RSG) Holdings Inc has reported a 49% increase in third-quarter revenue to $352.8m, driven by strong organic…
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November 11, 2021
Zurich warns of extended hard market following cats
Europe’s risk managers have been warned that the recent string of natural catastrophes suffered by leading insurers will extend the…
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November 11, 2021
Corporates face new risks from increased floods: AGCS
Companies are facing new risks as the flood risk landscape shifts, according to Allianz Global Corporate & Specialty (AGCS), which…
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November 11, 2021
Generali reports ‘resilient’ P&C market conditions
Generali has reported a solid first nine months in both its P&C and life businesses despite the hefty impact of…
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November 10, 2021
AGCS helps drive ‘strongest ever’ group third quarter
Allianz Global Corporate & Specialty (AGCS) has helped Allianz Group report a healthy set of third-quarter and nine-month results, bettering…
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November 9, 2021
Munich Re calls for ‘immediate action’ on climate change
Munich Re has posted an improved third-quarter profit of €366m, compared with €199m for the third quarter of last year,…
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November 9, 2021
German floods hit Berkshire results but BHSI continues growth path
Berkshire Hathaway reported a chunky underwriting loss in the third quarter, mainly incurred by its reinsurance businesses and driven by…
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November 8, 2021
Swiss Re CorSo to expand in hard market
Swiss Re Corporate Solutions (CorSo) has set out its growth ambitions in the hard market, which the corporate insurer expects…
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November 8, 2021
BI coverage uncertainty demands team effort on wordings: Berger
The European and international risk and insurance industry needs to “team up” and “align” to bring more certainty and clarity…
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November 8, 2021
European windfarm projects risk legal challenges without insurance, warns CLS Risk Solutions
Wind energy projects in France, Germany and Spain risk substantial and costly delays without insurance in place to cover objections…
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November 4, 2021
Hannover Re on track for full-year target despite ‘significant’ Q3 cat losses
Hannover Re saw profits fall in P&C business and at group level during the third quarter on the back of…
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October 29, 2021
Swiss Re Corporate Solutions continues turnaround with $425m profit and 91.1% CR
Swiss Re Corporate Solutions has delivered a profit of $425m in the first nine months of this year and a…
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October 28, 2021
Germany’s cyber regulator calls for greater vigilance against cyberattacks
Germany’s main cyber regulator, the Federal Cyber Security Authority (BSI), has described the IT security situation in the country as…
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October 26, 2021
Reinsurance protects Allianz from Storm Bernd losses
Although Allianz has lifted its gross estimate from European flood claims by +22% to €1.1bn, reinsurance appears to have limited…
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October 20, 2021
Munich Re set for €400m Q3 profit despite €1.8bn nat cat bill
Munich Re expects to deliver profit of about €400m in the third quarter, despite nat cat costs of roughly €1.8bn…
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October 19, 2021
Cost of cover to rise in Germany: E+S Re
The cost of corporate insurance in Germany is set to soar, the German reinsurer E+S Re has warned. In a…
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October 15, 2021
Climate campaigners to step up pressure on insurers at Baden Baden conference
Delegates at this year’s Baden Baden Reinsurance Conference will be met with climate change protestors from across Europe, as they…
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October 15, 2021
Allianz Suisse Life reinsures CHF4bn portfolio with Resolution Re
Swiss-based life insurer Allianz Suisse Life, part of Allianz Suisse Group, has concluded a reinsurance agreement with Bermudian reinsurance platform…
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October 15, 2021
Austria hears first civil suit over Covid outbreak at ski resort
The Austrian state has heard the first of a number of civil lawsuits over the outbreak of coronavirus at a…