Europe
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Call for industry-specific plans from UK government to restore nature
The UK government has been urged by wildlife charity WWF and Aviva to establish strategies for individual industries to help…
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Markel adds to international casualty team in London
Lauren Percival has been appointed to the role of executive underwriter – general liability at Markel. Her principal responsibilities will…
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Navigating uncertainty: The rise of bespoke solutions in the MBTC market
Does heightened geopolitical risk signal a step change for the multi-buyer trade credit (MBTC) market? Jesse van Cleef, head of…
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Descartes eyes expansion into new lines
Parametric insurer Descartes said it is looking at potential new lines to add to its existing solutions for climate, cyber…
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Two-thirds of IT specialists think AI more opportunity than threat
Some 63% of IT-decision makers believe AI will be a greater benefit to cybersecurity than a threat, find a survey…
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Eiopa begins to roll out Solvency II technical details
Europe’s insurance supervisor has launched its first series of consultations on technical standards that will implement the European Commission’s overhaul…
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Third-party outsourcers drive UK data breaches, warns Chaucer
Companies and public sector bodies that outsource to third parties are increasing the risk of a data breach, according to…
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LSM appoints new CUO for UK and MENA
Liberty Specialty Markets (LSM) has appointed Henry Nelson as chief underwriting officer (CUO) for the UK and MENA region. The…
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TÜV Rheinland buys Safetec
Cologne-based testing and certification company TÜV Rheinland has completed the acquisition of Norwegian safety and risk management firm Safetec Nordic.…
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Europeans name extreme weather as top disaster risk
Exposure to extreme weather events polled as the biggest disaster risk to Europeans, in a survey that also revealed a…
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Verisk and RMS add Storm Boris loss estimates
Insured losses from flooding in central Europe last month triggered by Storm Boris have been pegged at between €2bn and…
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Koller steps down as Insurance Europe director general
European insurance federation Insurance Europe has announced that Thea Utoft Høj Jensen will replace long-standing director general Michaela Koller. Utoft…
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Miller completes Bruzon acquisition in Spain
Miller has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros, following the receipt of…
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Germany extends antitrust powers to Microsoft
Germany’s antitrust regulator has added Microsoft Corporation to its list of firms “of paramount significance for competition across markets”, which…
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Chaucer appoints senior innovation underwriter
Iryna Chekanava has been appointed as a senior innovation underwriter at Chaucer. The insurer said she will play a central…
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Floods drive nat cat losses in 2024
Global insured flood losses are outpacing all other perils so far this year, according to industry data from Cresta. In…
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HDI Risk Consulting adds MD to boost client services
HDI Global has appointed Philipp Glanz as managing director of its engineering and risk specialist unit HDI Risk Consulting, working…
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MGA market poised for growth surge
The MGA market is growing rapidly, supporting expansion into niche or emerging lines and bringing innovative and cost-effective solutions to…
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Mercer expands in Germany and Netherlands
Mercer has announced that it has entered into an agreement to acquire hkp///group, a human resources and corporate governance consulting…
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Major destructive cyberattacks to double: QBE
The number of disruptive and destructive global cyberattacks will double between 2020 and the end of this year, according to…