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Europe

We provide extensive on Europe's major re/insurers

 

EU reform may lead to uptick in lawsuits — but not soon

The new Product Liability Directive will make lawsuits easier, but the impact on casualty insurance markets is not immediately clear

Casualty Europe

AI has changed the rules on insurance fraud

Artificial intelligence-enabled fraud is an escalating corporate insurance challenge for insurers, brokers and risk managers 

 

United Kingdom Legal focus

Hormuz war risk premiums surpass 10%

Renewed US-Iran hostilities and Houthi attacks are driving insurers to reassess Middle East Gulf exposure, with a growing number now reluctant to cover Saudi-linked vessels

Strait of Hormuz crisis London

Cinven and La Caisse acquire majority stake in Optio

Transaction aims to support further product development, international expansion and the MGA’s specialist underwriting and acquisition strategy

Specialty Mergers and Acquisitions

Price Forbes adds casualty to Lectio platform

Broker continues expansion of cross-class facility

Casualty London

LMA and IUA launch claims capability framework

New initiative is designed to support claims professionals during their first two years in the London market

Lloyds London

The hidden risk from building defects following a fire loss

A fire claim can evolve into a much larger and more complex issue if investigations reveal defects in a building’s fire protection measures

Property Risk Management

The rise of the lead follower at Lloyd’s

Digitalisation is not just driving the bifurcation of lead-follow construct at Lloyd’s, it is also creating a new tier of leaders within the follow market

Distribution Market Modernisation

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
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