Nordics
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RSA’s Hester vows to be ‘relentlessly Scandinavian’ with focus on profit not volume
RSA, the UK-based insurance group that is also focused on Scandinavia and Canada, has said that profitability in core commercial…
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European heat and drought to cost agriculture sector billions, says Munich Re
The heatwaves, droughts and forest fires currently affecting swathes of Europe will cost the agriculture sector billions of dollars with…
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JLT expands European cyber team
JLT Specialty has appointed two new partners and two brokers to its European cyber practices in London and Stockholm. The…
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Threat of more lone-wolf terror attacks added to RMS models
An updated terror model has been developed by RMS to include new and increasing threats, such as lone-wolf terrorist attacks.…
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Neon launches Nordic venture
Specialist London market insurer Neon has launched a new Lloyd’s coverholder, Orca Insurance Agency, which will underwrite for Neon Syndicate…
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London, Moscow and Paris most exposed European cities to risk
London, Moscow and Paris are the most exposed European cities to a set of 22 risks, with a combined $24.6bn…
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European countries top FM Global’s resilience index but struggle on cyber risk
Business resilience to risk and disruption is highest in Switzerland, followed by Luxembourg and Sweden, finds a global index of…
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Global rates rise for second quarter but European market remains soft
Global commercial insurance rates have risen for the second consecutive quarter, up 0.9% on average, driven by increases in property…
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GDPR fines insurable in just two European countries: Aon report
Fines under the EU’s General Data Protection Regulation (GDPR) will only be insurable in two European countries, according to analysis…
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European Risk Frontiers survey already throwing up surprising results
Our annual european risk Frontiers survey of Europe’s leading risk managers, sponsored again by HDI Global, is this year being…
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China tops TMF Group’s latest Financial Complexity Index
The most complex nation in terms of financial compliance is China, according to the latest Financial Complexity Index 2018 from…
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Losses from storm Eleanor/Burglind up to €1.6bn: AIR
Insured losses from winter Storm Eleanor, also known as Storm Burglind, will range between €1.1bn and €1.6bn, according to estimates…
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AGCS appoints Lars Vissing as head of claims in London
Allianz Global Corporate and Specialty (AGCS) has appointed Lars Vissing as head of claims, regional unit, London. From a dual…
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AGCS shakeup sees Browne replace Scheffel as chief regions and markets officer
Allianz Global Corporate and Specialty (AGCS) has announced a shakeup that will see current chief operating officer (COO) Sinéad Browne…
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Nordic P&C insurers to keep focus on underwriting profitability – S&P
Nordic insurers face some tough challenges, including prevailing low interest rates and the evolving regulatory landscape, but the Nordic property…
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European supply chain risk index finds UK lagging
The UK is near the bottom of QBE Business Insurance’s index that ranks European countries’ ability to manage supply chain…
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Latest risk managers sit Ferma’s rimap exam
Ferma held its latest rimap exams during the opening day of its forum yesterday, as it forges ahead with the…
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AGCS plans product recall expansion with new appointment
Allianz Global Corporate & Specialty (AGCS) has appointed Simon Weaver as senior underwriter for product recall in London as part…
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EC fines VW’s Scania €880m for truck pricing cartel
Volkswagen-owned truck manufacturer Scania has been fined €880m for colluding with five other truck companies on prices and emissions costs…
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London remains top global financial centre despite Brexit negotiations
London remains the leading global financial centre according to the latest Global Financial Centres Index (GFCI), published by Z/Yen in…