CRE Newsletter
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People Moves
September 15, 2023
Sompo International names Thaker UK commercial CEO in reshuffle
Sompo International has named Bob Thaker as CEO of commercial P&C insurance for the UK, heading up a new leadership…
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Climate Change
September 14, 2023
Zurich calls for bolder climate policies to support net zero targets
Most companies (77%) across key sectors have a net-zero plan in place, according to research from Zurich Insurance, with 70%…
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Legal & Regulation
September 14, 2023
Insurance industry urges EU to reduce ‘excessive’ reporting requirements
The European insurance industry has put pressure on the EC to follow through with plans to reduce the sector’s reporting…
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People Moves
September 14, 2023
De Nil named global head of Zurich Resilience Solutions
Zurich has appointed Dirk De Nil, currently CEO of Zurich Benelux and Nordics, as global head of its risk advisory business,…
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GRM Insurance
September 13, 2023
Insurers using AI to deliver coverage consistency, says Graham
Insurers are already using AI to help ensure they deliver consistent coverage across programmes and close wording gaps, Julia Graham,…
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Insurance
September 13, 2023
Earlier renewal leads to better outcome, panellists agree
The annual renewal process for global insurance programmes came under scrutiny at Commercial Risk’s Global Programmes Europe conference, with buyers,…
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CRE Risk Management
September 13, 2023
Zurich and KPMG partner on climate change advisory services
Zurich and KPMG have entered a strategic collaboration to provide climate change advisory services. The partnership between Zurich Resilience Solutions,…
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Training & Education
September 13, 2023
Towergate research reveals counselling benefits for employees’ mental health
Counselling through employee assistance programmes (EAP) has been found to help staff improve their mental health, according to research by…
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Reinsurance
September 12, 2023
Reinsurers to press for more rate hikes at 1/1
The world’s largest reinsurers plan to push through further rate hikes at year-end reinsurance renewals, building on the significant increases…
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Spain/Portugal
September 12, 2023
Lockton seals Jhasa deal for growth in Spanish market
Lockton has agreed a partnership with Spanish independent broker Jhasa, which specialises in construction, energy and M&A risks, to boost…
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Cyber & Technology
September 12, 2023
Europol reports rapid rise in digital crime
Almost 70% of criminal networks operating in the EU make use of one form of money laundering or another to…
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Captives
September 12, 2023
Eiopa hints again at lighter treatment for captives under SII review
Petra Hielkema, chair of the European insurance and Occupational Pensions Authority (Eiopa), gave further evidence that captives and other smaller…
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People Moves
September 12, 2023
AXA XL targets mid-market growth in Europe and APAC
AXA XL has named Laëtitia Lebas head of mid-market for Europe and Asia Pacific as part of its growth ambitions…
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ESG
September 11, 2023
Munich Re vows to invest more in climate friendly technology
Risk and insurance managers across Europe are becoming increasingly frustrated with the apparent inability of the insurance sector to back…
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Reinsurance
September 11, 2023
Swiss Re expects reinsurance market hardening through 2024
Swiss Re expects the “disequilibrium” between supply and demand to persist in non-life reinsurance through 2024 and, along with still…
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Legal & Regulation
September 11, 2023
AM Best upgrades Swiss Re’s rating outlook on back of hard market
AM Best has revised the outlook on Swiss Re’s ratings to stable from negative following a series of improved underwriting…
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Benelux
September 11, 2023
Better communication needed on sustainability in Dutch insurance sector
Communication lines between the Netherlands government and insurance market needs to be improved to help guide the sector towards a…
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Nordics
September 11, 2023
Lockton expands in Norway
Lockton has expanded in Norway with new energy and employee benefits divisions. Lockton Norway will now offer solutions for natural…
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DACH
September 10, 2023
Howden Germany appoint Aon’s Breeck to boost large corporate offering
Howden Germany has appointed Rainer Breeck from Aon to head up a revamped large corporate clients division. Breeck will work…
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Cyber & Technology
September 10, 2023
Pool Re and market looking at cyber insurance pool
UK terrorism backstop and reinsurer Pool Re has told Commercial Risk Europe that it is exploring with insurers and risk…