CRE Newsletter
-
ESG
October 2, 2023
Allianz-backed Dutch offshore wind farm inaugurated
The Allianz-backed offshore wind farm Hollandse Kust Zuid (HKZ) has been officially inaugurated by Dutch King Willem-Alexander. HKZ is owned…
-
ESG
September 29, 2023
European insurers covering nearly a third of US coal mines
Although AIG remains the biggest carrier, European insurers, including Lloyd’s, Zurich and Swiss Re, are underwriting nearly a third of…
-
Cyber & Technology
September 29, 2023
Norway asks Europe to extend Meta ban for GDPR breach
Norway’s data protection authority has called on Europe to extend its country-wide ban on behavioural advertising against Meta’s Facebook and…
-
Cyber & Technology
September 29, 2023
UK SMEs ‘under-prepared’ for heightened cyber risk, survey suggests
Three-quarters of executives at UK SMEs are not able to confidently identify a cyberattack, with half unable to recognise a…
-
People Moves
September 28, 2023
IRM adds Aviva’s Epstein to board
The Institute of Risk Management (IRM) has appointed Aviva’s David Epstein as a new non-executive director. The IRM said Epstein…
-
Legal & Regulation
September 28, 2023
LMG looks to revive UK’s ILS regime
The London Market Group (LMG) is lobbying for changes to the UK’s insurance-linked-securities (ILS) regime, which has struggled to attract…
-
CRE Insurance
September 27, 2023
London market backs war risks for Ukraine grain exports
A group of Lloyd’s and London market insurers said they will underwrite full war risks for ships using Ukraine’s new…
-
Legal & Regulation
September 27, 2023
Deutsche Bank pays $25m for AML and ESG failings
The US Securities and Exchange Commission (SEC) has charged Deutsche Bank’s investment adviser DWS Investment Management Americas (DIMA/DWS) in two…
-
CRE Insurance
September 27, 2023
UK commercial rates have peaked, says Moody’s
Moody’s has maintained its negative outlook for the UK’s P&C sector and said that rate increases in commercial insurance have…
-
CRE Risk Management
September 27, 2023
Dutch and German insurers unite to face flood risk
The Dutch insurance association (VVV) is working with its German equivalent (GDV) in key areas of mutual concern such as…
-
Construction
September 27, 2023
Buyers will have to pay more premium for new construction materials
Construction companies will have to pay more for insurance to cover new building materials and methods until carriers become more…
-
ESG
September 26, 2023
Three-quarters of firms not ready for ESG rules, says KPMG
Only 25% of global companies are ready for new ESG regulations and external data audits, according to a KPMG survey.…
-
France
September 26, 2023
French insurers tackle rising household drought claims
The French insurance sector has launched an initiative to tackle the rising problem of damage caused by drought to private…
-
Construction
September 26, 2023
Construction risk managers want to see wider parametric options
Experts believe parametric insurance is a good fit for construction firms but stress the importance of thinking very carefully about…
-
Cyber & Technology
September 26, 2023
German cyber insurers back in profit
German risk and insurance managers who faced spiralling costs and restricted cover for their cyber insurance in recent renewals will…
-
ESG
September 25, 2023
UK to impose tougher D&I rules on financial services sector
The UK’s financial regulators have proposed new rules on diversity and inclusion (D&I) to tackle bullying and sexual harassment that…
-
Legal & Regulation
September 25, 2023
EC re-imposes €376m Intel fine for computer chip antitrust breach
Intel has been fined €376.4m by the EC for anti-competitive practices, 14 years after it first found the US technology…
-
Cyber & Technology
September 25, 2023
UK financial services report threefold increase in cyber breaches
UK financial services firms reported more than three times as many cybersecurity breaches in the year to June compared to…
-
CRE Insurance
September 22, 2023
R&Q confirms talks to sell Accredited
R&Q Insurance Holdings (R&Q) has confirmed that it is in talks to sell its programme management business Accredited. Following press…
-
CRE People Moves
September 22, 2023
Sompo International names European head of cyber
Sompo International has appointed Jérôme Gossé as head of cyber insurance for continental Europe. Gossé joins Sompo International from Chubb…