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Europe

We provide extensive on Europe's major re/insurers

 

ID Comment: Lloyd’s warns against the steady creep of margin erosion

Despite – or perhaps because of – the market's strong preliminary results for 2024, the Lloyd’s leadership renewed their call for underwriting discipline, with aviation and energy lines flagged as being of particular concern

London Lloyds

E-scooter regulations are evolving in the UK and Republic of Ireland

Further regulation is needed to mitigate the risks associated with e-scooter use and ensure responsible driving

United Kingdom Ireland

Europeans buck trend as insurance stocks plunge in wake of US tariffs

Insurance and reinsurance stocks tumble as Trump's tariffs roil global markets, but Munich Re climbs 2% and Hannover Re gains 1.8%

Europe United Kingdom

Insurers face up to $300m in North Sea collision losses: Morningstar DBRS

Incident is likely to trigger multiple insurance policies, including those for hull and machinery, liability, marine cargo and protection and indemnity

United Kingdom Marine

Lloyd’s workforce slowly growing more diverse

Women comprise 44% of Lloyd’s market workers, and hold 36% of leadership positions at Lloyd’s firms, corporation’s latest Market Policies and Practices survey finds

London Lloyds

EU entities on hook for non-EU subsidiaries’ Russia sanctions compliance

Shipowners and insurers face lexical challenge of defining ‘strictly necessary’ and ‘best efforts’ under 16th round of regulations

Europe Russian Federation

Hamilton names Cormican as active underwriter of syndicate 4000

Bermuda-based group promotes deputy active underwriter 

London North America

Hannover Re P&C profit doubles in 2024

German reinsurance giant cuts full-year combined ratio 7.4 points to 86.6% despite large losses of €1.6bn

Europe Hannover Re

The role of data protection laws in AI regulation

As AI technology becomes more advanced, its use raises complex legal challenges, particularly in relation to its use of personal data

Europe Regulation

Westfield Specialty promotes Shallow to CUO

Shallow was most recently head of specialty and deputy chief underwriting officer at Westfield Specialty

Specialty People moves

Insurance M&A volumes plummet in 2024

Insurance carrier deal volumes drop 40% year-on-year amid concerns about geopolitical risk, catastrophe losses and tight monetary policy, analysis by law firm Clyde & Co finds

North America International

MS Amlin and MSIG UK launch dual stamp underwriting capability

Initiative aims to expands group's London market presence, allowing MS Amlin to underwrite on both Lloyd's and company market paper

London Lloyds
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