
Europe
We provide extensive on Europe's major re/insurers

PRA to tweak guidelines for managing climate risk
New framework stresses climate scenario analysis and better governance

Iberian power outage losses pegged at up to €300m
Morningstar DBRS expects financial losses related to insurance claims from Iberian Peninsula electricity outage will be manageable

London ILS market ‘catching up’: Lloyd’s Keese
Underwriting discipline remains key to ensuring the Lloyd’s market provides the return on capital needed to attract third-party investors, the corporation’s outgoing CFO says

Ferma backs EU proposal for natural catastrophe reinsurance scheme
Federation of European Risk Management Associations calls for a ‘structured, continuous consultation process’ on Eiopa and ECB’s public-private reinsurance scheme

SiriusPoint names Gibson international CUO
Gibson joins from AIG where she was credit lines chief underwriting officer

Beazley premiums climb 2% in softening market
Cyber premiums fall 2% in the quarter as rates slide 8% in ‘competitive’ market

Insurance Development Forum launches free suite of open-access tools
New web page provides free, open-access risk-modelling tools to support climate and disaster resilience efforts globally

Rokstone appoints Hughes to lead treaty reinsurance expansion
Specialty managing general agent hires Eddie Hughes from Antares Managing Agency

Carbon CEO retires on health grounds
Nick Tye steps down following multiple sclerosis diagnosis, with Jacqui Ferrier named as successor

Perils raises Éowyn losses to €696m
Intense extratropical cyclone was Republic of Ireland’s biggest windstorm loss for at least 45 years

PFAS exclusions present challenges for French underwriters
As a new law on per- and polyfluoroalkyl substances comes into force, liability insurers in France are grappling with the challenge of defining the scope of coverage

Insurers must demonstrate compliance with Europe’s Digital Operational Resilience Act
The era of digital resilience as a choice is over – for the insurance sector, accountability is now the standard
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