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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

United Kingdom Climate change

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

Europe Losses

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

London Lloyds

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

Europe Reinsurance

SiriusPoint names Gibson international CUO

Gibson joins from AIG where she was credit lines chief underwriting officer

London SiriusPoint

Beazley premiums climb 2% in softening market

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

London Beazley

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

Europe London

Rokstone appoints Hughes to lead treaty reinsurance expansion

Specialty managing general agent hires Eddie Hughes from Antares Managing Agency

Reinsurance People moves

Carbon CEO retires on health grounds

Nick Tye steps down following multiple sclerosis diagnosis, with Jacqui Ferrier named as successor

London Lloyds

Perils raises Éowyn losses to €696m

Intense extratropical cyclone was Republic of Ireland’s biggest windstorm loss for at least 45 years

Europe Ireland

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

France Casualty

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

Europe Regulation
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