Poland
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Eastern Europe braces for higher levels of trade credit risk
Trade credit risk is expected to increase in eastern Europe next year as GDP growth slows and fewer businesses in…
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Munich Re acquisition shows how insurtech can be applied to corporate insurance
Munich Re has acquired tech company Relayr, which offers industrial players end-to-end solutions in the areas of the internet of…
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Munich Re suffers share dip on Q2 results but underlying results well on track
Munich Re’s shares fell by 4% earlier this week, following news that the German reinsurance giant had suffered a fall…
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European heat and drought to cost agriculture sector billions, says Munich Re
The heatwaves, droughts and forest fires currently affecting swathes of Europe will cost the agriculture sector billions of dollars with…
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UAE tops most complex compliance regime list with Ireland bottom
The United Arab Emirates (UAE) has the most complex compliance regime of any country in the world, while Ireland is…
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BRI offers $11bn in new premium for foreign insurers by 2030 but pricing remains big problem
The Chinese-led Belt and Road Initiative (BRI) will have an estimated economic impact of $21trn, including $8trn of infrastructure investment.…
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GDPR fines insurable in just two European countries: Aon report
Fines under the EU’s General Data Protection Regulation (GDPR) will only be insurable in two European countries, according to analysis…
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Aon’s 2018 maps show political violence and risk on the rise
Political violence risk has increased worldwide for the third year in a row, while broader political risk is also up,…
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OECD’s BEPS multilateral convention to enter into force in July 2018
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) is to enter…
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ERGO profits support cat-hit Munich Re
Profits of €273m from Munich Re’s primary insurer ERGO provided the lion’s share of the reinsurer’s total group profit of…
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Cat losses at all-time high in 2017 with insured sum second only to 2011: Aon
Aon Benfield is the latest company to confirm that 2017 set new records for natural catastrophe losses, with its $353bn…
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Losses from storm Eleanor/Burglind up to €1.6bn: AIR
Insured losses from winter Storm Eleanor, also known as Storm Burglind, will range between €1.1bn and €1.6bn, according to estimates…
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Poland’s risk rating unchanged as EC considers sanctions
Measures taken by the European Commission (EC) against Poland over its national law on judicial appointments are negative for the…
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Losses from Cyclone Herwart estimated at €252m
European catastrophe insurance data company PERILS has estimated insured property losses for Cyclone Herwart, which mainly affected Austria and Germany…
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GDPR to bring ‘wave’ of litigation, finds DAC Beachcroft research
Companies that store personal data face a “wave” of litigation for data breaches under the General Data Protection Regulation (GDPR),…
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Modern slavery risk rises in EU
Modern slavery risk has risen in 20 of the 28 European Union member states over the last year with the…
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Economic risks top WEF global risk survey
Global business leaders have named economic risks – specifically unemployment in first place, followed by fiscal crises – as the…
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CEE region set for return to growth in 2017: Coface
The automotive industry has overtaken oil and gas as the largest sector in central and eastern Europe (CEE) for the…
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Insolvencies fall again in CEE region
Companies operating in central and eastern Europe (CEE), or trading with companies in the region, will welcome news that fewer…
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Collective actions on the rise in Germany and Europe – Dieselgate as game changer?
For many years, the pros and cons of collective redress have been intensively discussed in Germany and Europe, with the…