CRE Newsletter
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Insurance
April 26, 2024
Ferma members told AI will bring risk and reward for corporate insurance buyers
The growing use of artificial intelligence (AI) by insurers promises big benefits for corporate insurance buyers, but also comes with…
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Market
April 26, 2024
Aon’s revenues up 5% as it completes $13bn NFP deal
Aon’s revenues rose 5% in the first quarter of this year, by $199m to $4.07bn, with Commercial Risk Solutions delivering…
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Climate Change
April 26, 2024
Warmer climate spreading risk of malaria and dengue to new regions
New research from health resilience experts warns that mosquito-borne diseases, including malaria and dengue, are spreading to new regions as…
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Market
April 26, 2024
Mapfre Global Risks boosts profit by 58% despite reduced premiums
Mapfre’s large corporate and industrial unit Global Risks posted a 58% boost to its net result that hit €10.7m for…
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Market
April 26, 2024
Talanx confident of ‘significantly exceeding’ full-year forecast
Hannover-based insurance and reinsurance group Talanx has reported a quarterly consolidated net income of €572m. The group – which contains…
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Brokers
April 26, 2024
Marsh launches global alternative risk solutions practice
A new global alternative risk solutions practice has been launched by Marsh, bringing together its expertise in parametric solutions, alternative…
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Market
April 25, 2024
European rates up overall but financial and cyber lines falling: Marsh
European insurance rates rose by a further 3% in the first quarter of 2024 across the board, but the softening…
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ESG
April 25, 2024
European Parliament approves regulation to tackle forced labour
The European Parliament has given its final approval to a new regulation that enables the EU to prohibit the sale,…
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France
April 25, 2024
Absenteeism drops dramatically in France
The levels of absenteeism in French companies dropped sharply in 2023, especially among large corporations, new research shows. The survey,…
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Risk Management
April 25, 2024
Europe records 300% surge in farmer protests this year
Farmer protests have spiked 300% in Europe so far this year to 4,000 incidents, compared with a total of 1,000…
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Construction
April 25, 2024
London market to remain closed for construction SPPI cover
The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime…
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Nordics
April 24, 2024
Swedish risk managers told to focus on flexibility rather than resilience
Swedish risk managers should prioritise flexibility over resilience to mitigate and manage increasingly unpredictable geopolitical risk, said Andreas von der…
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CRE Legal Regulation
April 24, 2024
European Parliament votes for ‘hard-fought compromise’ on CSDDD
MEPs have voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), giving the final green light to rules…
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Market
April 24, 2024
Rates fall in most regions during Q1 but rise in Europe and US: Marsh
Average commercial insurance rates fell in the UK, Asia, Canada and the Pacific during the first quarter of this year…
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Cyber & Technology
April 24, 2024
Major cyberattack would hike rates but insurers would ‘brush off’ losses: Lockton Re
A major cyber catastrophe event will inevitably see the return of rate increases for buyers although the insurance industry as…
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CRE Risk Management
April 24, 2024
Property risk and flood mapping platform expands to Europe
Geocoding and property intelligence expert Addresscloud has partnered with flood risk management firm JBA Risk management to map the flood…
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ESG Regulation
April 24, 2024
UK regulator widens net for sustainability disclosure rules
The UK’s financial services regulator said it wants to extend sustainability disclosure requirements for asset managers, due to begin from…
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Construction
April 23, 2024
Courage and collaboration needed to manage emerging construction sector risks
The construction sector’s long-term outlook is positive, but it faces a number of challenges, not least the number of emerging…
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Market
April 23, 2024
Munich Re ‘more likely’ to exceed 2024 profit target after €2.1bn gain in Q1
Munich Re has posted a preliminary net profit of €2.1bn for the first quarter of 2024, significantly outrunning analysts’ expectations…
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CRE Legal Regulation
April 23, 2024
Insurance Europe calls for EC to ‘get it right’ on Solvency II
Changes to Europe’s Solvency II regulation at technical level must be “fully aligned” with the intentions of the political agreement…