Europe
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February 19, 2024
Gibraltar moving ahead with captive regime proposals
The Gibraltar government is pushing ahead with proposals for a captive regime in partnership with the UK. The territory has…
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February 19, 2024
European firms must verify green claims before marketing, says parliament
The European Parliament’s Internal Market and Environment committees have adopted their position on rules governing how firms can validate their…
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February 19, 2024
German insurers issue new model cyber conditions
The German Insurance Industry Association (GDV) has revised its non-binding model conditions for cyber insurance to take into account the…
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February 19, 2024
Cyberattacks up 36% at ‘vulnerable’ UK law firms
Cyberattacks against UK law firms surged by 36% in the past year, according to London market insurer Chaucer, which said…
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February 16, 2024
Mass timber will ‘transform’ construction risk landscape, warns Allianz Commercial
The projected growth in mass timber construction as the building sector transitions from concrete and steel will bring new risk…
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February 16, 2024
North American construction casualty team launched by Lockton
Lockton has launched a North American construction casualty team with the appointment of Oliver Ross as senior vice-president within the…
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February 16, 2024
Supply chain pressures ease for German companies: Ifo
The supply chain crisis that came to a head during the Covid-19 pandemic has subsided and German firms have started…
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February 16, 2024
Tokio Marine Kiln unveils new CEO and CUO
Specialty insurer Tokio Marine Kiln (TMK) has announced that Matthew Shaw, current chief underwriting officer (CUO), will succeed Brad Irick…
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February 16, 2024
Corporate Solutions boosts net income by 43% as Swiss Re rebounds after tough 2022
Swiss Re Corporate Solutions increased net income by 42% to $678m last year, as its parent group saw profits jump…
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February 15, 2024
Airmic members most worried about UK and US elections
The UK and US elections in 2024 are of the greatest concern to Airmic members by a huge majority, with…
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February 15, 2024
Howden enters captive market with acquisition of ARM Group
London-based international broker Howden has announced that it has agreed to acquire ARM Group Holdings Limited (ARM), the parent of…
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February 15, 2024
Dual boosts senior team for UK growth
Dual UK, managing general agent and specialist underwriting arm of Howden Group, has made several new appointments as it gears…
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February 15, 2024
ITIC launches European subsidiary in Cyprus
Professional indemnity insurer International Transport Intermediaries Club (ITIC) has launched a European subsidiary in Cyprus. International Transport Intermediaries Insurance Company…
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February 15, 2024
Gallagher announces global facultative reinsurance exec changes
Arthur J Gallagher is establishing new hubs in Singapore and Sydney for its global facultative reinsurance business and expanding its…
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February 15, 2024
Call for D&O market to plug entity cover gap
D&O insurers are being urged to help plug the gap in cover for growing UK corporate criminal liability. Recent years…
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February 14, 2024
Sompo International gets insurance licence in France
Sompo International has been granted a licence to write primary insurance in France as it continues to expand across continental…
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February 14, 2024
Airmic members rank cyber as biggest risk in 2024
Cyber has been voted the top risk facing UK organisations this year in a survey of Airmic members. The poll,…
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February 14, 2024
Mapfre Global Risks net profit up 40%
Mapfre’s net profit growth of 7.7% to €692m in 2023 was driven by its Mapfre Re unit, which houses Mapfre…
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February 14, 2024
Ethics and compliance programmes shift to risk mitigation over past year
Ethics and compliance (E&C) programmes have shifted their focus to risk mitigation this year, driven by rising regulatory action, the…
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February 14, 2024
EU and parliament agree new deal to improve maritime safety
The European Council and parliament have reached a provisional agreement to revise the 2009 directive that governs accidents investigations in…