Europe
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Risk managers critical to tackling infrastructure risk and opportunities: Anra
Risk managers must be more involved in strategic planning, while developing holistic and integrated risk management, to steer their companies…
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Przybyla takes top job in MS Amlin European merger
MS Amlin Insurance S.E. (MS AISE) has announced a key leadership change in preparation for its merger with MSIG Insurance…
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CrowdStrike throws cyber market softening into doubt
Experts are divided over whether losses from the CrowdStrike outage will have a real impact on cyber insurance pricing and…
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Temasek completes SRG acquisition
Temasek, the state-backed Singapore investment fund, has completed its acquisition of Specialist Risk Group (SRG), the fast-growing London-based specialty broker,…
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Meta fined €91m for GDPR breach
Social media firm Meta has been fined €91m by its lead regulator in Europe for breaches under the bloc’s General…
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German insurers support scaled-back CSRD
Norbert Rollinger, CEO of R+V Versicherung AG, has vowed to focus on the “bureaucracy burnout” that is threatening to strangle…
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Miller expands sports and entertainment team
David Randle has been appointed as head of commercial business development in the sports and entertainment team at Miller. He…
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Pine Walk launches new international property MGA
A new MGA writing a broad portfolio of international property business has been launched by London-based specialist MGA platform Pine…
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Storm Boris to cost €1.65bn: Aon
Insured losses from flooding caused by Storm Boris in central Europe are estimated to total €1.65bn, according to analysis from…
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QBE extends cyber product to Italy
QBE has launched cyber insurance product QCyberProtect to the Italian market, alongside risk management tool QCyberPrepare. Already live in ten…
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More than half of UK risk managers say climate reporting delivers opportunities
Climate and sustainability reporting has uncovered opportunities as well as risks for more than half (54%) of UK risk managers,…
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EC begins action against 17 member states for failing to transpose CSRD
Seventeen member states in Europe have failed to notify the European Commission that they have fully transposed the bloc’s new…
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UK’s PRA to speed up cat bond application and approval process
The UK’s Prudential Regulation Authority (PRA) has announced that it intends to consult later this year on introducing a new,…
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French mayors call for pooled insurance buying as market nears ‘collapse’
The association of French mayors (AMF) has called on its new government to take action on proposals to tackle the…
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First 100 firms sign up to implement EU’s AI Act ahead of deadline
More than 100 European and multinational companies have signed up to the European Commission’s AI Pact, agreeing to implement some…
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Airmic elects new chair and sets sights on expanding membership
Fiona Davidge was elected chair of Airmic at the UK risk and insurance management association’s recent AGM. Davidge is head…
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Digital health sector exposed from growing use of AI
The majority (86%) of global digital health and wellness companies plan to use AI, or increase its use, over the…
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EU captives may have to comply with highest cybersecurity standards
European-based captives will face an addition regulatory burden when the EU’s new financial services cybersecurity rules kicks in next January…
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Sompo expands marine underwriting to UK regions
Commercial P&C insurer Sompo will now underwrite marine cargo as well as transport and logistics policies across the UK for…
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Austrian insurers call for long-term nat cat solutions
The Austrian Insurance Association (VVO) estimates that flooding in Austria from storm Boris is likely to cause insured damage between…