Europe
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April 16, 2024
BHSI names new country manager for France
Berkshire Hathaway Specialty Insurance (BHSI) has extended the remit of Louis du Ché, country manager for Belgium, to include leading…
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April 16, 2024
Chaucer appoints new CRO as James Wright becomes chief financial officer
Chaucer has appointed its chief risk officer (CRO), James Wright, as chief financial officer (CFO), with Werner Joubert taking on…
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April 16, 2024
Record growth in 2023 for UK group risk market
The UK group risk market saw another record year of growth in 2023, with big increases in death benefits, long-term…
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April 16, 2024
Specialty credit insurer Convergence set for launch
Plans for a new credit insurer, Convergence, that will initially target clients in Europe and North America have been unveiled…
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April 15, 2024
HDI Global turns focus on mid-market with dedicated and international offering
HDI Global is expanding its focus on mid-market clients with turnover between €20m and €500m by offering them improved domestic…
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April 12, 2024
Marsh calls on insurers to resist urge to automatically exclude tough cyber risks
The insurance market must resist the urge to automatically exclude difficult cyber risks and overly focus on a small set…
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April 12, 2024
European Parliament adopts framework for carbon removals
As the EU council attempts to placate business concerns about the pace of the energy transition while keeping progress roughly…
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April 11, 2024
Allianz Trade UK and Ireland broadens trade credit policy
Allianz Trade has updated its UK and Ireland trade credit product to broaden standard cover and simplify the wording. The…
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April 11, 2024
EU promises action on regulatory burden in clean transition effort
Europe’s risk and insurance managers’ regulatory burden and the inability of the insurance market to come up with adequate solutions…
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April 11, 2024
Aon names new head of global benefits
Mike Pedel has been named head of global benefits at Aon and will lead the global benefits team effective immediately.…
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April 10, 2024
Zurich to announce exit from fossil fuel underwriting
Zurich Insurance is expected to shortly announce its decision to cease underwriting new oil, gas and metallurgical coal projects, in…
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April 10, 2024
Aggressive underwriting and rising losses blamed for French local government insurance crisis
A new parliamentary report has blamed overly aggressive strategies from a dominant insurer that led to high market concentration, combined…
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April 10, 2024
New head of accident and health at Arch Insurance International
Arch Insurance International has promoted Sebastian Terry to head of accident & health (A&H). In his new role, Terry is…
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April 10, 2024
Political risk concerns highest level for seven years, warns Allianz Commercial
Global businesses are more concerned about political risk and violence than they have been for many years, in an unprecedented…
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April 10, 2024
Climate change victory in European Court of Human Rights
The European Court of Human Rights has ruled in favour of a group of older Swiss women who claimed they…
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April 10, 2024
Airmic calls for debate on managing AI ethical risks
UK risk management association Airmic has called for more discussion about how best to manage specific ethical risks created by…
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April 9, 2024
Algorithmic underwriting set to boost options for corporate buyers
The adoption of algorithmic underwriting will increase competition and reduce frictional costs for commercial and specialty risk transfer, technology experts…
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April 9, 2024
Reinsurance prices ‘peaked’ ahead of next round of renewals, says Berenberg
Reinsurance prices are likely to have peaked, according to analyst Berenberg, but strong levels of demand for protection will balance…
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April 9, 2024
Insurtech launches UK construction sector specialist MGA
A new specialist MGA serving the UK construction sector has been launched by insurtech Acies MGU. Phoenix Specialty has capacity…
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April 9, 2024
EU says deforestation regulation on track despite opposition
Virginijus Sinkevicius, European environment commissioner, reportedly told Reuters during a visit to a cocoa-producing cooperative in Ivory Coast on Sunday…