Artificial intelligence raises challenging questions for liability as the technology continues to outpace...
Aggressive underwriting and rising losses blamed for French local government insurance crisis
A new parliamentary report has blamed overly aggressive strategies from a dominant insurer that led to high market concentration, combined with rising losses from nat cats and civil unrest...
A new parliamentary report has blamed overly aggressive strategies from a dominant insurer that led to high market concentration, combined with rising losses from nat cats and civil unrest...
Article / 12 days ago
Danish risk managers to develop claims protocol for layered programmes
Risk managers in Denmark are looking to develop a protocol for claims handling prior to a claim being made. According to Lina Gregers Meulengracht...
Risk managers in Denmark are looking to develop a protocol for claims handling prior to a claim being made. According to Lina Gregers Meulengracht...
Article / 15 days ago
Capacity flowing into Spanish market
Insurance companies have a growing appetite for Spanish risk, with new entrants joining existing players, offering more and more capacity in the country while expanding local teams…
Insurance companies have a growing appetite for Spanish risk, with new entrants joining existing players, offering more and more capacity in the country while expanding local teams…
Article / 18 days ago
Two-paced Spanish market softening in places with long-term agreements back on the table
The latest renewals showed that insurers have more appetite for Spanish risks, resulting in a significant softening in several market segments...
The latest renewals showed that insurers have more appetite for Spanish risks, resulting in a significant softening in several market segments...
Article / 1 month ago
French nat cat carrier posts big technical loss from rising weather events
French state-backed catastrophe carrier CCR recorded a significant technical loss of €112m for 2023 due to heavy natural disasters in France...
French state-backed catastrophe carrier CCR recorded a significant technical loss of €112m for 2023 due to heavy natural disasters in France...
Article / 1 month ago
Compulsory cat cover back on agenda for German state ministers
The German Conference of Federal State Prime Ministers, the committee formed by the 16 German states to coordinate policy, has again raised the prospect of compulsory nationwide insurance for natural...
The German Conference of Federal State Prime Ministers, the committee formed by the 16 German states to coordinate policy, has again raised the prospect of compulsory nationwide insurance for natural...
Article / 2 months ago
European market to stabilise further
Brokers predict that European insurance buyers may begin to see more widespread softening for key risks in the second half...
Brokers predict that European insurance buyers may begin to see more widespread softening for key risks in the second half...
Article / 2 months ago
Valencia fire sparks cladding concern as Mapfre confirms it is on cover
The fire that killed at least ten people in Valencia last week has triggered a debate in Spain about the quality of construction during the property boom of the 2000s...
The fire that killed at least ten people in Valencia last week has triggered a debate in Spain about the quality of construction during the property boom of the 2000s...
Article / 2 months ago
Growth forecast for Chinese property insurance industry in 2024
The Chinese property insurance industry is expected to grow by 12.3% in 2024, according to GlobalData.
The Chinese property insurance industry is expected to grow by 12.3% in 2024, according to GlobalData.
Article / 2 months ago
Germany needs flood ‘masterplan’, says GDV
The German insurance association (GDV) has called for a “well thought-out masterplan” with federal and state involvement to tackle the nation’s rising flood challenge, after Germany suffered another...
The German insurance association (GDV) has called for a “well thought-out masterplan” with federal and state involvement to tackle the nation’s rising flood challenge, after Germany suffered another...
Article / 3 months ago