CRE Newsletter
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ESG
April 16, 2024
Climate campaigners take Portuguese state to appeals court
Climate action groups have launched an appeal to Portugal’s Supreme Court of Justice in the country’s first climate litigation case.…
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Spain/Portugal
April 16, 2024
Spain’s data privacy agency reports 43% rise in consumer complaints
Spain’s data privacy agency reports that complaints by consumers against companies and public entities reached a new record last year,…
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France
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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CRE Insurance
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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Insurance
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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ESG
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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Trade Credit
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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CRE Legal Regulation
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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ESG
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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France
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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Geopolitical
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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Cyber & Technology
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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CRE Insurance
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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Reinsurance
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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CRE Legal Regulation
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…
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CRE Risk Management
April 9, 2024
CyberCube expands into the Netherlands with Meijers partnership
Cyber risk analyst CyberCube has signed Dutch broker Meijers Assurantiën to use its risk models and provide clients with data-led…
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CRE Legal Regulation
April 9, 2024
French MPs approve bill to restrict use of PFAS
French MPs have approved the first reading of a bill that is designed to restrict the manufacture and sale of…
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CRE People Moves
April 9, 2024
Lockton Norway appoints new CEO and chair for ‘next phase’ of growth plan
Global broker Lockton has announced Anders Johannessen will take over from Cato Aamodt as CEO of Lockton Norway while Lorraine…
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DACH
April 8, 2024
German insurers upgrading models to include flash floods
German insurers are working to take flash floods into account within their risk models. “The July 2021 flood in particular…
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Supply Chain
April 8, 2024
EU and US co-lead effort to tackle critical raw material supply chain risk
The EU has announced an agreement with the US, Kazakhstan, Namibia, Ukraine and Uzbekistan to create a new “club” designed…