CRE Newsletter
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Cyber & Technology
May 5, 2023
Ferma welcomes EU’s proposed ‘united front’ on cyber resilience
Ferma believes the EU’s recent announcement on its proposed EU Cyber Solidarity Act is a “critical step” forward in achieving…
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Association News
May 5, 2023
Capacity issues remain for Swedish risk managers
Swedish risk managers are still struggling to get the capacity they need despite an apparent softening of the market. While…
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Association News
May 5, 2023
Europe braces for rise in liability costs
European companies should prepare to face a rise in litigation costs thanks to social inflation around liability claims. This was…
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Association News
May 5, 2023
Swerma targets the youth in recruitment drive
Sweden’s risk management association Swerma is looking to recruit more young professionals into the risk and insurance industry. The move…
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Association News
May 4, 2023
Anra launches risk manager of the year awards as focus turns to ERM
The Italian risk and insurance management association Anra will today announce the launch of its first Risk Manager of the…
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Market
May 4, 2023
Hiscox Q1 premiums boosted by hardening London and reinsurance market
Hiscox has a positive outlook for the first six months of this year after deploying additional capital to risks attracting…
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Captives
May 4, 2023
Captive manager Davies expands further in Europe with Ortac Guernsey deal
US-based captive manager Davies has signed a deal to acquire Guernsey-based Ortac Underwriting Agency’s insurance management services portfolio. The business,…
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Market
May 3, 2023
Everest continues drive into primary market on back of hardening property lines
Everest Re continues its charge into the primary insurance sector with another set of impressive growth figures in its primary…
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Terrorism
May 3, 2023
Pool Re welcomes enhanced terror protection under Martyn’s Law
UK terrorism insurer Pool Re has welcomed the government’s announcement that its draft Terrorism (Protection of Premises) Bill has been…
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Market
May 3, 2023
Chubb’s Greenberg expects continued rate increases
The current insurance pricing environment will likely continue as insurers contend with rising loss costs due to inflation, higher court…
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CRE Risk Management
May 2, 2023
Cyber ranks as top threat for ‘highly exposed’ financial services sector: AGCS
Cyber incidents rank as the top risk for financial services companies, according to a poll by insurer Allianz Global Corporate…
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ESG
May 2, 2023
NZIA withdrawals complicate net-zero underwriting decisions, says Marsh exec
Risk managers need to be aware how their organisations’ impact on the environment and net-zero transition plans are viewed by…
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Reinsurance
May 2, 2023
Munich Re ahead of full-year target in Q1 despite cat losses
Munich Re said a net result of €1.3bn in Q1 has made it “more likely” that the company will exceed…
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CRE Insurance
April 28, 2023
Mapfre posts healthy growth at global risks
Mapfre Global Risks (MGR), the Spanish group’s large corporate and industrial insurance arm, posted further strong growth in premium during…
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People Moves
April 28, 2023
Auer succeeds Stahl as Talanx CRO
Talanx has promoted Simone Auer as chief risk officer (CRO) to take over from Gerhard Stahl on 1 May 2023.…
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People Moves
April 28, 2023
BHSI beefs up German claims team
Berkshire Hathaway Specialty Insurance (BHSI) has named three executives to claims leadership roles in Germany. Sandra Leyendecker has been promoted…
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Terrorism
April 27, 2023
Green shoots in PVT market as carriers battle with Ukraine losses
The political violence and terrorism (PVT) market remains tough for buyers following the war in Ukraine, but it is not…
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Association News
April 27, 2023
Swedish risk managers urged to sharpen focus on geopolitical risks
Risk managers must integrate geopolitics into their risk models in order to make sense of an increasingly volatile and multipolar…
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Market
April 27, 2023
Insurance price rises moderate in Europe during Q1
Continental European commercial insurance prices rose by 5% in the first quarter of this year compared to 6% in each…
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Legal & Regulation
April 27, 2023
Debate hots up over sustainability and due diligence directive
The European Parliament (EP) will vote in the first week of May on the increasingly controversial Corporate Sustainability and Due…