Poland
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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…
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Chubb boosts major account client executive team in Europe
Chubb has appointed Karine Paul and Brigitte Vorrath as global client executives within its major accounts team for continental Europe.…
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Vienna Insurance Group planning to expand
Vienna Insurance Group (VIG) is to use its strong capitalisation to achieve further growth and broaden its presence, according to…
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Geopolitics will continue to impact emerging market currency rates
Geopolitics will continue to cause volatility in financial markets, and the outcomes of many of these situations remain unpredictable, warned…
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Storm Eberhard insured losses up to €1.5bn: AIR
Insured losses from winter Storm Eberhard will range between €900m and €1.5bn, with the majority coming in Germany, according to…
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Insurance Europe reveals European insurance data
Total premiums in Europe increased by 4.7% to €1,213bn in 2017, with property/casualty growing by 4.4% to €371bn, according to…
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Food sector dominates EU recalls
Recalls across the EU remained steady in 2018, with Q4 figures slightly above average for electronic and food recalls but…
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Netherlands, Germany and UK record most GDPR breach notices
More than 59,000 personal data breaches have been reported across Europe since the introduction of the General Data Protection Regulation…
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Munich Re returns to strong profit in 2018 as ERGO performs well
Munich Re recorded €2.28bn profit last year, following 2017’s nat cat-hit €392m. The company’s numbers were boosted by primary business…
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EU faces range of challenges that will shake unity in 2019
The EU will face both internal and external challenges next year from issues such as populism, stand-offs with member states,…
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Ninety million more Africans set to gain access to electricity by 2025
A new initiative is set to provide 250 million more Africans with green electricity in the next seven years, including…