Turkey
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March 3, 2023
Direct physical damage from Turkiye quake estimated at $34.2bn
The two very large earthquakes on 6 February caused an estimated $34.2bn in direct physical damages in Turkiye, the equivalent…
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December 19, 2022
Zurich keeping ‘close eye’ on potential US-style social inflation in Europe
Zurich is keeping a “close eye” on the litigation landscape in Europe as we head towards the introduction of the…
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December 14, 2022
European business demands ‘regulatory breathing space’ from EU
European companies urgently need regulatory breathing space as they face up to a fast-rising raft of global competitive pressures, according…
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December 14, 2022
Risk managers face growing ESG risks
The interconnectivity of ESG risks is creating new challenges that risk managers and their organisations cannot afford to ignore. ESG…
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December 14, 2022
Conflict on the rise over EU’s focus on the ‘S’ in ESG
Brussels-based European business confederation BusinessEurope is “deeply concerned” about what it describes as the “overly detailed and prescriptive” requirements that…
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December 8, 2022
Eiopa publishes dashboard to help tackle nat cat protection gap
The European Insurance and Occupational Pensions Authority (Eiopa) has released a dashboard that depicts the insurance protection gap for natural…
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December 8, 2022
Insurers criticise inclusion of sector in EU’s AI Act high-risk list
Insurance Europe, the representative body of the European insurance sector, has said it is disappointed by the decision by the…
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December 7, 2022
Zurich’s climate charity rolls out urban resilience programme to ten countries
Zurich Insurance Group’s Z Zurich Foundation said it will scale-up its efforts to combat climate change with the launch of…
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December 6, 2022
German insurers report progress on ESG goals
German insurance companies have become the first in Europe to publish the carbon footprint for part of the entire industry’s…
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December 6, 2022
EIOPA opens debate on prudential treatment of sustainability risks
The European Insurance and Occupational Pensions Authority (Eiopa) has today published a discussion paper on the prudential treatment of sustainability…
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December 1, 2022
ESG is worth it… despite the global meltdown
The Commercial Risk team arrived in Antwerp this week to host our latest annual conference, with Belgian risk and insurance…
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December 1, 2022
European packaging sector faces up to radical change through new EC waste rules
The European Commission (EC) has proposed a new set of EU-wide rules on packaging that it hopes will tackle “this…
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December 1, 2022
European court erases years of progress in battle against dirty money, claims Transparency International
The Court of Justice of the European Union (CJEU) has set back the fight against cross-border corruption by years, according…
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November 17, 2022
European corporate resilience will be tested by energy prices and borrowing costs: ECB
Following the sharp recovery and high profits seen during the past year, euro area corporates now face stagnating activity and…
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November 1, 2022
EC report reveals fast-growing fire risk in Europe
The European Commission’s Joint Research Centre’s (JRC) report on fires in Europe, the Middle East and north Africa in 2021…
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October 31, 2022
Companies must ‘walk the talk’ as modern slavery risk escalates, warns Verisk Maplecroft
A quarter of countries have recorded a significant increase in modern slavery risk since the launch of a key tracker…
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September 15, 2022
Gallagher integrates new Turkish operation
US-based global broker Gallagher has made another step forward in its European expansion by announcing that it has fully integrated…
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September 1, 2022
Ferma urges OECD to exclude captives from BEPS tax guidelines
Ferma has urged the Organisation for Economic Co-operation and Development (OECD) to amend its coming technical guidelines designed to tackle…
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June 23, 2022
Microsoft says Russia has increased cyberattacks on Ukraine’s allies
Microsoft has detected Russian cyberattacks on 182 organisations and businesses in 42 countries supporting Ukraine since war broke out, as…
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June 21, 2022
Turkish insurers under severe strain in 2022-2023, says Fitch
The Turkish insurance industry is facing one of its most challenging operating environments of the past decade, according to Fitch…