CRE Newsletter
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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…
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CRE People Moves
April 23, 2024
Arch Insurance International names deputy CEO
Arch Insurance International has appointed Kirsten Valder as deputy CEO, responsible for developing the group’s London market and UK regional…
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Market
April 23, 2024
Sompo pledges lead capacity for growth in France and Spain
Sompo International is making a big effort to grow in France and Spain, with more continental European markets likely to…
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Climate Change
April 22, 2024
Europe saw record extreme heat stress days last year, finds EU report
A record number of extreme heat stress days in Europe last year, alongside wildfires, droughts and flooding “paints a sombre…
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Market
April 22, 2024
Rates drive change in AM Best’s London market outlook to positive
Rating agency AM Best says strong pricing is driving underwriting profitability and behind its positive outlook on the London insurance…
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GRM People Moves
April 19, 2024
Markel names head of terrorism in London
Chloe Gordge has been appointed as Markel's new head of terrorism in London. Gordge will lead the day-to-day running of…
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CRE Insurance
April 19, 2024
Insurers defend Nord Stream’s €400m lawsuit as act of war
Insurers for the Nord Stream gas pipeline damaged by blasts in 2022 have denied coverage in defence of a lawsuit…
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CRE Insurance
April 19, 2024
Generali splits insurance and asset management in restructure
Italian insurer Generali is planning to revamp its insurance and asset management divisions under new CEOs as part of an…
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Cyber & Technology
April 19, 2024
AEGIS London recruits cyber underwriting team from AIG
Lloyd’s syndicate AEGIS London has hired a new cyber underwriting team. Daniel Johnson has been appointed to the role of…
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Cyber & Technology
April 19, 2024
German SMEs record rise in cyberattacks, reveals HDI poll
More than half of German buyers at small and medium-sized companies experienced a cyberattack last year, according to a survey…
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Climate Change
April 18, 2024
Climate change to cause ‘massive economic damage’
Climate change will cost the global economy $38trn every year by 2049 and cause “massive economic damage” some six times…
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Energy
April 18, 2024
Energy insurer Paratus launches brokerage division
UK-based energy insurer Paratus has established a brokerage division to focus on energy price risk insurance products in the maritime,…
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CRE People Moves
April 18, 2024
WTW names Dussuyer to lead operations in France
WTW has appointed Nick Dussuyer as managing director of its French operations and director of corporate risk and broking (CRB)…
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GRM People Moves
April 18, 2024
Allianz names global head of marine
Allianz Commercial has appointed Rich Soja as global head of marine. It is a promotion for Soja, who steps up…
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ESG Regulation
April 18, 2024
European bosses say half of supply chain will not comply with CSDDD
C-suite executives across the EU and UK expect at least half of their supply chain will not be compliant with…
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Association News
April 17, 2024
Risk management community mourns the death of former Ferma president Jorge Luzzi
International risk management association IFRIMA has announced the passing away of board member Jorge Luzzi, who was for decades a…