Poland
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AXA completes sale of operations in Poland, Czech Republic and Slovakia to UNIQA
AXA has completed the sale of its operations in Poland, Czech Republic and Slovakia to UNIQA Insurance Group for €1bn.…
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Atradius warns of increased trade credit risk in several Polish and Russian sectors
New country reports by Atradius warn that the credit risk outlook is bleak for the Polish automotive and transport sector…
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CEE to benefit from post-pandemic supply chain risk reduction
Central and eastern European (CEE) countries are looking increasingly like beneficiaries of the impact of Covid-19 on global trade and…
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RMS develops European convective storm model
RMS has launched a new model for convective storms in Europe, which caused €12bn of insured losses between 2013 and…
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Supply chain bottlenecks will hamper recovery from virus says Oxford Economics
Bottlenecks in European and global supply chains caused by the Covid-19 pandemic will significantly deepen the economic crisis faced by…
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Insurance Europe publishes guide to indirect insurance contracts taxation in Europe
Insurance Europe has published the latest issue of its annual guide to indirect taxation on insurance contracts in Europe. The…
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No v-shaped economic ‘snap back’ from Covid-19 as geopolitical tensions split open
There will be no economic “snap back” from Covid-19 until late 2021 as the pandemic causes civil unrest and splits…
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GDPR has created regulatory patchwork in Europe: Beazley
Europe’s data protection regulators have shown wide differences in General Data Protection Regulation (GDPR) fines and been inconsistent in dealing…
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European Storm Ciara losses in €1.1bn to €1.9bn range, estimates AIR
The first insured loss estimate for European Storm Ciara/Sabine from AIR Worldwide ranges between €1.1bn and €1.9bn, with the majority…
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AXA sells operations in Poland, Czech Republic and Slovakia to UNIQA
AXA is selling its operations in Poland, Czech Republic and Slovakia, but AXA XL’s and AXA Partners’ operations within the three…
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Nat cat insured losses return to below-average levels in 2019: Willis Re
Insured natural catastrophe losses of $53bn last year trailed the $65bn average of the past nine years and were 34%…
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Aegon’s coal exclusion investment list grows to more than 100
Dutch insurer Aegon has added its weight to the anti-coal investment movement, announcing that it will expand its environmentally-driven approach…
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AXA considering sale of central European business, reports Reuters
AXA is planning the sale of its central European business as the insurer looks to quit markets where it lacks…
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Insolvency risk spiking in eastern Europe, warns Atradius
Insolvency risk is expected to spike for companies in eastern Europe this year as economies fight against global trade tensions,…
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Economic and cyber risks biggest concern to global and European business: WEF survey
Businesses across the world are most concerned by economic risks, but cyber has climbed the rankings once again and remains…
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Marsh figures show jump in W&I claims across EMEA
Marsh reports that warranty and indemnity (W&I) claim notifications are up 293% across Europe, the Middle East and Africa (EMEA)…
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Lawyers divided over insurability of GDPR fines
Lawyers are divided over whether data protection fines under the General Data Protection Regulation (GDPR) are insurable, with Herbert Smith…
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Insurability of GDPR fines limited across Europe, says DLA Piper
Updated analysis from DLA Piper confirms that General Data Protection Regulation (GDPR) fines are only insurable in two European countries…
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Severe European weather in June expected to costs insurers at least €1.24bn: Aon
Severe weather events across Europe last month caused at least €1.42bn of economic damage, with insurance expected to cover about…
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AI creates new risks one year on from GDPR: Marsh
The EU’s General Data Protection Regulation (GDPR) has amassed €56m in fines and brought 200,000 cases in 31 countries during…