Europe
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New UK captive insurance proposals welcomed
Proposals reflect the needs of the captive community and will support the competitiveness of the UK, industry bodies say
Bank of England warns of climate risk to UK finances
The UK’s central bank sees climate change as a ‘very present’ risk to financial stability
UK advances risk transformation reform, but defers key opportunities
HM Treasury’s plans will make it harder for the UK to become a leading jurisdiction in insurance-linked securities market
CFC names Loake chief information officer
Specialist underwriting group hires senior Hiscox executive to drive technology strategy
Madrid bids to compete with London and Miami for Latin American risks
Major firms launch initiative to turn Madrid into a hub for European and Asian carriers targeting business in Latin America and the Caribbean
Regulators launch UK captive insurance consultation
New regime, due to launch in summer 2027, will be ‘tailored and competitive’ and ‘proportionate’, regulators said
Climate risk is a cascading phenomenon
The chief operating officer of Transition Risk Exeter explains how insurers can move away from linear assumptions about climate change to an understanding of its actual compounding effects
Court of Appeal gives landmark ruling on mortgagees’ interest insurance wording
Appeal court provides clear endorsement of the protective function of MII in forged war risk policy case
UK Club and TT Club set to acquire Thomas Miller Holdings
Marine mutuals to acquire insurance services firm for undisclosed sum
Cyber insurers urged to prepare for quantum computing threats
While quantum computing could be another decade away, underwriters should start engaging with brokers and insureds now on steps to mitigate the risks, experts said
Antares announces death of chief executive
Michael van der Straaten passed away following a short illness
FCA admits Transition Risk Exeter to regulatory sandbox
Trex aims to help financial institutions better understand climate risk ‘in an increasingly non-linear world’
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