English
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Specialty MGA UK moves into political risk market
Specialty MGA UK has launched into the political risk market with the appointment of Amir Hussain as head of political…
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French cyber agency warns of risks from non-European cloud services
France’s cybersecurity agency has issued a warning about the risks facing European companies that use cloud service services, particularly those…
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Marsh acquires Italian broker
Italy-based insurance broker Fontana Rava-Toscano & Partners (FRT) has been acquired by Marsh as part of the global broker’s Italian…
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Volt Underwriting and Quotech add Swiss Re’s CatNet tool
London-based MGA and Lloyd’s approved coverholder Volt Underwriting and Insurtech Quotech have incorporated Swiss Re’s CatNet location intelligence tool into…
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Head of Hiscox Germany exits
Hiscox Germany has announced that its managing director Markus Niederreiner has left the company, by mutual agreement and at his…
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MGA Optio Group expands into Scandinavia with Norwegian acquisition
Specialty UK-based MGA Optio Group has expanded into Scandinavia with the acquisition of Norwegian-based MGA S Insurance AS for an…
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UK opens child data probes into TikTok, Reddit and Imgur
The UK’s data protection regulator said it will investigate how TikTok and other social media and video sharing platforms use…
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German insurers add support for EC’s CSRD and CSDDD cuts
German insurers have welcomed the proposal to remove small and medium-sized companies from the scope of the Corporate Sustainability Reporting…
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Flood Re announces new CEO
UK reinsurance pool Flood Re has appointed Perry Thomas as its new CEO to succeed Stuart Logue, who has led…
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Gard opens Danish branch after completing Codan acquisition
Norwegian-based marine insurer Gard has established a dedicated branch in Denmark and opened two new offices in the country after…
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Brit delivers ‘strong’ 2024 despite rising market competition
London-based specialty insurer and reinsurer Brit has reported group profit before tax from continuing operations of $661.0m for 2024, compared…
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Pool Re extends retro cover to £2.75bn
Pool Re, the UK’s government-backed terrorism reinsurer, has completed the placement of a new retrocession programme with more than 60…
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UK regulator willing to be ‘bold’ on commercial insurance reforms
UK financial services regulator the Financial Conduct Authority (FCA) said it is “willing to be bold” in its role to…
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Airmic members most exposed to higher tariffs and climate change agenda under Trump
UK risk managers believe their companies are most exposed to higher tariffs (67%) and the changing climate and energy agenda…
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AGCS books 13% drop in 2024 profit after Arch deal
Allianz Global Corporate & Specialty (AGCS) recorded a 13.4% fall in operating profit to €825m in 2024, after taking a…
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Insured losses from Mayotte cyclone total €474m: France Assureurs
French insurers have estimated losses of €474m from damage caused by tropical cyclone Chido in the French overseas department of…
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Swiss Re Corporate Solutions appoints McGrath as CUO and unveils new country units
Swiss Re Corporate Solutions has announced that Katie McGrath will replace Kera McDonald as chief underwriting officer (CUO), when McDonald…
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UK government takes action after Grenfell Tower inquiry
The UK government has accepted 49 of 58 recommendations from a public inquiry into the Grenfell Tower fire , warning…
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Denmark tops FM’s Resilience Index
Denmark has retained its position at the top of FM’s Resilience Index, with countries from Europe once again dominating the…
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Swiss Re Corporate Solutions boosts income by 23% as rates flatten
Swiss Re Corporate Solutions saw its net income jump 26% last year to $829m as all of its key numbers…