Europe
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Swiss buyers cite property, ESG and cyber among remaining areas of market concern
Insurance market conditions are improving for Swiss buyers but there remain areas of concern such as cyber, international property, transition…
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New chair of IUA’s legal and regulatory committee
Matthew Dumbrell, general counsel for the UK branch of Generali, has been appointed chair of the International Underwriting Association (IUA)’s…
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Tryg books 73% surge in pre-tax profit in Q2
Scandinavian insurer Tryg reported a 73% jump in pre-tax profit for the second quarter of 2024 to DKK2.13bn (€285m), helped…
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EC drops anti-trust investigation after Apple opens tap and go to rivals
Apple’s pledge to open up ‘tap and go’ wallet payments on its phones to Apple Pay rivals for European customers…
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July storms in Europe cause more than €100m insured losses: Aon
Severe convective storms in Europe in the past week could record insured losses into the hundreds of millions of euros,…
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PFAs – the new asbestos?
There has been growing pressure to regulate or ban per- and polyfluoroalkyl (PFAS) in Europe. PFAS have become the subject…
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Europe’s insurers call for market experts within European Commission
Europe’s insurers have called on the bloc’s policymakers to overhaul its approach to regulation that “allows, not stifles” competition so…
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DUAL targets Europe’s construction market with VHV partnership and new hub team
DUAL Europe has partnered with German insurer VHV Allgemeine Versicherung to expand its footprint in Europe’s construction and engineering sector.…
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Tokio Marine launches website for French buyers
Tokio Marine HCC International has launched a separate website for its French policyholders and brokers. The company said the dedicated…
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Global M&A activity rebounds but remains fragile amid uncertainty: WTW
Global M&A deals increased by 28% in the second quarter of 2024 from the same period last year, according to…
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UNIQA sets up ESG risk management unit for large companies and SMEs in Europe
Austrian and CEE insurer UNIQA said it has strengthened its corporate business operations with the launch of a separate company,…
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Tindall Riley & Co joins ClimateWise
Tindall Riley & Co is the latest insurance business to join ClimateWise, the collaboration of international insurance organisations responding to…
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Volkswagen ordered to pay contractor $190m in damages after exiting Russia
A Russian court has ordered German car manufacturer Volkswagen to pay 16.9bn roubles ($190m) to its Russian contractor GAZ Group…
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Switzerland and Europe resume talks on cross-border regulation after seven-year break
After a seven-year hiatus, Switzerland and the European Union have resumed talks on financial market regulation. The Swiss government said…
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QBE France boosts financial lines team
QBE France has added four underwriters to its financial lines team. Sylvie Barberon has been hired as head of professional…
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Cyber market underestimating risk of business email compromise: Marsh
Business email compromise (BEC), whereby hackers target senior executives via phishing emails, is a devastating but overlooked cyber threat, according…
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QBE names country head for Italy
Former CNA Hardy executive Davide Anselmo has been appointed as Italy general manager for global insurer QBE. Based in Milan,…
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Zurich expects increasingly competitive market in H2
Insurance rates continue to rise slightly overall but mounting capacity, particularly in excess lines, is likely to make things more…
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Miller launches into global real estate
Miller has launched a new dedicated global real estate offering, catering to both wholesale and direct client channels internationally. It…
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Sedgwick launches sustainable damage management solution in UK
A new sustainable damage management solution in the UK has been launched by Sedgwick, designed to integrate comprehensive damage recovery…