Europe
We provide extensive on Europe's major re/insurers
WTW shares fall 17% as broking stocks hit by AI fears
Investor concerns over the potential for AI to disrupt the insurance market spread more widely across the market this week
Claims inflation and capacity pressures ‘threaten insurer profitability’
Rising claims costs, workforce shortages and capacity constraints are squeezing margins and forcing insurers to tighten underwriting, research finds
Mapfre Re breaks €1bn net profit in 2025
Lower catastrophe losses drive reinsurance arm's earnings up 17% to €381m
Russia crude ban would cost marine underwriters hundreds of millions of dollars
EU measures likely to shut down the trade in most cases, as legal profession mulls scope for lawful workarounds
Many Lloyd’s underwriters ‘overestimating lead position’, LMA warns
Insurers must undertake a ‘frank assessment’ of where they sit on the lead/follow spectrum, association says
UK P&I Club maintains $500m war risks P&I limit
2026 renewal preserves existing war risks limits alongside exclusions relating to Russia, Ukraine and Belarus
Skyward Specialty deal geared towards growth: Apollo’s Slaughter
Apollo’s chief underwriting officer James Slaughter discusses the Lloyd’s carrier’s acquisition by Skyward Specialty, smart follow underwriting and opportunities in drone insurance
EU and UK diverge on insurer AI regulation
The EU has a single AI law for the whole bloc, while the UK is opting for separate rules for each sector. There are pros and cons to each approach
Markel International appoints Amlot head of trade credit
Insurer promotes head of trade credit underwriting, Phil Amlot
MGA Helix enters London D&F market
PartnerRe backs Bermuda-based managing general agent’s London market entry
LMA updates Lloyd’s Open Form default agreement
Market association refines wording of LMA5654 to encourage uptake of Lloyd’s Open Form between shipowners and underwriters
Aon and Kniazha VIG launch $25m Ukraine war risk facility
Reinsurance facility with International Development Finance Corporation will enable Kniazha VIG to provide war-risk insurance products to SMEs and individuals in Ukraine
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