CRE Newsletter
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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…
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Market
April 5, 2024
Adelaïde Group ‘resolutely committed’ to further European expansion
France’s Adelaïde Group, the broking firm that owns Verlingue and now operates in five European countries, has announced 18% turnover…
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Spain/Portugal
April 5, 2024
Capacity flowing into Spanish market
Insurance companies have a growing appetite for Spanish risk, with new entrants joining existing players, offering more and more capacity…
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Risk Management
April 4, 2024
Ferma and Commercial Risk Europe launch 2024 European Risk Management Awards
Entries are now open for this year’s European Risk Management Awards, held in association with Ferma and Commercial Risk Europe.…
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DACH
April 4, 2024
German insurer calls for reduced red tape to combat extremism
Norbert Rollinger, CEO of Wiesbaden-based R+V Versicherung, has called for “urgent political action” to improve economic conditions and prosperity to…
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France
April 4, 2024
French government considers further changes to nat cat scheme
The French government said it will look into charging companies a different amount under the country’s nat cat regime based…
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Market
April 4, 2024
European commercial market to soften in 2025: Fitch
Fitch predicts that the commercial European insurance market will soften next year as competition among insurers mounts to the point…
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M&A
April 4, 2024
Howden continues French growth with Normandy acquisition
Howden has entered into an agreement to acquire OFRACAR, an independent brokerage group headquartered in Rouen, expanding its geographical footprint…
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Legal & Regulation
April 4, 2024
Eiopa consults on reassessment of nat cat risks
The European Insurance and Occupational Pensions Authority (Eiopa) has launched a public consultation on reassessing natural catastrophe risks in the…
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Climate Change
April 4, 2024
Eiopa ready to back PPPs to cope with nat cat risk
Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority (Eiopa), has told chief risk officers at Europe’s leading…
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M&A
April 3, 2024
New MGA Devonshire to focus on transactional risk
A new MGA has been launched specialising in underwriting transactional risk and backed by Lloyd’s and a panel of A-rated…
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Construction
April 3, 2024
Softer times ahead for London construction insurance market
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according…
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People Moves
April 3, 2024
QBE Europe appoints new underwriting head for trade credit
Aidan Quinn has been appointed head of commercial underwriting for trade credit at QBE in Europe. He joins the European…