Nordics
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Arthur J Gallagher acquires Swedish P&C broker Nordic
Arthur J Gallagher has acquired property and casualty insurance broker Nordic Försäkring & Riskhantering AB in Gothenburg, Sweden. Gallagher said…
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Evolution of European broking sector continues
It has been an active few weeks in the European broking sector as leading international players JLT, Aon, BMS and…
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Cunningham Lindsey adds renewable wind energy team in Netherlands
Loss adjusting firm Cunningham Lindsey has established a new team of renewable wind energy experts in the Netherlands, in response…
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S&P rates Finnish property/casualty insurance sector
Standard & Poor’s Global Ratings (S&P) has assessed industry and country risk for the Finnish property/casualty insurance sector as low.…
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HDI Global will extend cyber offering to 14 countries by year-end as demand rockets
Germany-based international industrial insurance group HDI Global plans to offer its cyber insurance solutions for corporate and mid-market customers in…
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Sustainability takes centre stage as EU non-financial reporting rules take effect
The issue of sustainability is rising up the corporate agenda and must now be taken more seriously as new European…
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Delivering an integrated sustainability agenda: the experts view
Anna Rönngard, sustainability standards manager at Swedish multinational clothing-retail company H & M Hennes & Mauritz, delivered a presentation at…
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Compliance burden in danger of stifling forward-thinking risk management
A leading risk manager told Commercial Risk Europe at the Swerma Forum that compliance is taking up more and more…
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Swerma launches rimap as Ferma puts power in hands of national members
Swedish risk manage-ment association Swerma is the latest to launch Ferma’s rimap certification in its home country, following changes to…
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Insurance market missing opportunity to help with cyber risk assessment and treatment
Insurers and brokers must work harder to explain cyber risk exposures and mitigation steps to risk managers in black and…
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Recent European terror attacks don’t signal increased risk, say analysts
Despite recent attacks in the UK, Sweden and Germany, terrorism risk is not increasing in Europe, according to political risk…
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Swedish terror attack likely to renew focus on risk
Niclas Nelson, president of Swedish risk management association Swerma, said that although last week’s terror attack in Stockholm was a…
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Neon launches marine and offshore construction consortium at Lloyd’s
Lloyd’s insurer Neon, which is part of The Great American Insurance Group, launched a new marine and offshore construction consortium.…
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Cost of P&I insurance to fall as competition mounts say rating agencies
Rating agencies predict that the cost of protection and indemnity (P&I) cover will come down as clubs face pressure from…
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RSA states aim to ‘outperform’ market as profits rise 25%
RSA said 2016 marked a “turnaround” in its fortunes as the insurer reported a 25% increase in operating profits to…
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Reinsurance prices fall further at renewal but pace of decline slows
Reinsurance buyers saw further price reductions at the January 2017 renewal, although the rate of reductions slowed, according to brokers.…
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Corporate round-up
Standard Club extends Nordic reach with MGA joint venture and AGCS enters contingency market following new hire.
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Corporate round-up
Marsh names new head of UK public sector practice, WBN adds two associate members, Markel adds to Scandinavian team and…
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Analysts warn of political risk contagion across Europe from UK vote
Political risk experts warn that Brexit raises the potential for further political upheaval in Europe as discontent spreads.
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Insolvencies to rise in several European countries following UK referendum result: Atradius
Fallout from Brexit is likely to cause an uptick in insolvencies over the short term in the UK and across…