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Three-quarters of sustainability leaders don’t expect to hit net-zero goals
A concerning 75% of sustainability business leaders do not believe their organisations will achieve their net-zero targets, according to a…
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Agers publishes AI risk handbook
Spanish risk management association Agers has published a new handbook to help risk managers tackle the challenges created by emerging…
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Miller appoints business development leader in marine team
Guy Pierpoint has been appointed to Miller’s marine team in a leadership role focusing on business development. He will have…
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German cyber MGA Cogitanda reportedly files for insolvency
German risk managers will be concerned to hear that cyber MGA Cogitanda has reportedly informed its shareholders this week that…
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Allianz Commercial names new head of large UK cyber business
Allianz Commercial has appointed Delvin Tillett as its new head of cyber for large corporate business in the UK. He…
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Captives no magic wand for French risk managers
French companies considering setting up captives as an alternative for risks in which insurers have shown little, if any, appetite,…
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P&I clubs NorthStandard and Noord Nederlandsche sign partnership
UK-based protection & indemnity club NorthStandard has formally partnered with Noord Nederlandsche P&I Club (NNPC) in an arrangement that will…
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European firms take biggest hit from trade wars: Verisk Maplecroft
European businesses are among the hardest hit by rising costs from deglobalisation and more protectionist trade policies, according to risk…
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UK construction PI market softens further
The professional indemnity (PI) market for construction-related professions in the UK has continued to soften at a pace faster than…
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French firms share captive benefits as interest grows
French risk managers have stressed that their captives offer a range of benefits from boosting risk prevention and spreading the…
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Verlingue expands in Switzerland with ProConseils buy
French broker Verlingue, an Adelaïde Group subsidiary, has expanded its operations in Switzerland with the acquisition of corporate broker ProConseils…
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Everest expands in Italy
Everest Group has said it will expand its European operations with the launch of an insurance business in Italy. Everest…
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‘Incompetent’ UK regulator in need of radical change, reveals MP report
UK financial regulator the Financial Conduct Authority (FCA) is “incompetent at best, dishonest at worst”, according to the findings of…
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Research reveals decline in UK financial services’ diversity efforts
UK financial services CEOs are focusing on cost cutting rather than improving diversity, according to a new report from campaign…
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Fitch backs state nat cat schemes in Europe as risk grows
The role of state-backed insurance schemes to cover exceptional risks, such as natural catastrophes, will become increasingly significant in supporting…
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Spain fines five airlines €179m for ‘abusive’ surcharges
Spain has fined five budget airlines a combined €179m for “abusive” practices, including charging passengers for hand luggage, imposing extra…
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Barclays hit with £40m FCA fine after dropping appeal
Barclays has been fined £40m after dropping its appeal against the Financial Conduct Authority’s (FCA) decision that the bank failed…
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Howden France hires construction and energy director
Howden France has announced Raphaël Cerda will join the firm in January 2025 as director of construction & energy. Cerda…
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New head of terrorism, political violence and war at Arch Insurance International
Jelle Ouwehand has been appointed as head of terrorism, political violence and war at Arch Insurance International. He is based…
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Italian insurance market slowly improving but concerns over nat cat and ESG
Italian insurance buyers say they now enjoy slightly better market conditions, with room to negotiate in some areas. But they…