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Europe

We provide extensive on Europe's major re/insurers

 

Munich Re post preliminary Q2 profit of €2.2bn

German reinsurance giant ‘firmly on track’ to hit full-year net profit target

Reinsurance Munich Re

Mapfre to buy Massachusetts insurer for $1.54bn

All-cash deal will create second largest writer of private passenger auto in New England as well as the largest homeowners and commercial auto insurer in the region

Mergers and Acquisitions Property

EU and US insurers diverge on sustainable investing

American underwriters are react to anti-ESG movement, but European firms are also reassessing what defines a sustainable investment portfolio

Asset management Climate change

Santam syndicate continue build-out with senior Volante hires

Africa-based insurer hires Neil Smith to lead new motor division at Lloyd's

London Lloyds

Shares in Travelers surge as Q2 earnings smash expectations

Insurance Day’s Bermuda subgroup outperforming despite geopolitical concerns, however the Lloyd’s subgroup lagged behind both the FTSE 100 and FTSE 250

Stockwatch Travelers

Lloyd’s avoids payout after scrap dealer fails to declare multiple past cargo fires

Commercial Court’s ruling seen as go-to precedent for the interpretation of the duty of fair presentation under the Insurance Act 2015

Lloyds Specialty

S&P upgrades West to A- rating

Move comes after improved technical results at UK-based P&I club

London International

Atrium appoints Baker head of specialty reinsurance

Lloyd's carrier hires Chaucer's global reinsurance head to lead specialty portfolio development

London Lloyds

Neil’s conduct breached compliance rules, Lloyd’s investigation finds

Former chief executive’s behaviour ‘fell significantly below’ expected standards expected, long-awaited Council of Lloyd’s investigation finds

London Lloyds

Black Sea shipping attacks see hull war premiums surge

Greek shipowner in court battle with Berkshire Hathaway and slew of big-name Lloyd’s syndicates over Ukraine claim

Ukraine War Russian Federation

LM Re names Spurgeon global head of cyber

Executive succeeds Ivonne Staisch, who has left the business

International Cyber

PRA fines HDI Global £4.1m over data failings

Fine related to inaccurate reporting of FSCS liabilities and FSCS fee tariff data over a three-year period

Talanx Regulation
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