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Europe

We provide extensive on Europe's major re/insurers

 

Law Commission review signals possible expansion of the opt-out class action regime

Introduction of a new consumer class action regime in England and Wales could increase litigation risk significantly for businesses and their insurers

Legal focus Claims Management

Hiscox leads risers in strong week for insurance stocks

Shares in London-listed Hiscox climb 13.5% amid bid speculation

North America Europe

PRA eases reporting burden on foreign insurance branches

Regulator is also raising threshold for subsidiarisation of branches

United Kingdom Regulation

BPL launches reinsurance division

BPL Re will focus on credit, political risk and surety business

London Broker

Markel names O’Donoghue head of fine art and specie

O’Donoghue joins specialty carrier from Lloyd's insurer Talbot

London Specialty

Cyber underwriters remain confident in war exclusions

Affirmative cyber war products are coming to market, but the conflict in Iran could test insurers’ assumptions, some experts warn

London International

Arrow names Bertagna CEO of MGA Solutions

Former Howden executive Enrico Bertagna will oversee the development of Arrow’s MGA partnerships

People moves Distribution

Canopius launches cyber-triggered spoilage cover

New product aims to protect businesses when cyber incidents leave perishable stock unsellable

London Canopius

European MGAs look to AI to support growth ambitions

At last week’s MGA Rendezvous in Barcelona, the delegated authority market discussed growth opportunities in Europe and the opportunities created by AI

Distribution Casualty
INTERVIEW

Marine underwriters 'must keep pace with the change'

Underwriters willing to adapt to technological and geopolitical change will be better positioned when pricing eventually catches up with risk, Adrian Scott, Geo Underwriting's head of marine and leisure, says

United Kingdom Specialty

Axa XL names Richème global CUO for property

Richème succeeds Juergen Cherreck who joined Axa in 2018

People moves Property

Markel and Willis launch nuclear insurance facility

London market facility provides property damage and business interruption cover across the lifecycle of nuclear projects

London Energy
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